6 result(s) displayed (1 - 6 of 6):

AB InBev, Blackstone override value gap (from Corporate Dealmaker)

Valuation gaps continue to stem dealflow, so motivated buyers and sellers are using some creative deal structures to complete transactions. Blackstone Group LP's (NYSE:BX) $2.3 billion acquisition (The Deal Pipeline subscription required) of Anheuser-Busch InBev SA's (NYSE:BUD) Busch Entertainment Corp. is a case in point. The deal includes a provision in which...

Posted on October 8, 2009 10:35 AM

Videos: Icahn and Schwarzman talk crisis and more at Yale (from Corporate Dealmaker)

What do Carl Icahn and Steve Schwarzman (pictured right of Icahn) have to say about the imploding economy? Thanks to Yale University, you can find out for yourself. The activist investor and Blackstone Group LP co-founder spoke at the university recently and their lectures are available on Yale's Web site....

Posted on October 17, 2008 1:02 PM

Ashland takes on Hercules, China gets PE guidance (from Corporate Dealmaker)

Friday morning brought news of the U.S.'s biggest chemical distributor, Ashland Inc., paying $3.3 billion for specialty chemicals maker Hercules Inc. That deal follows news Thursday that Midland, Mich.-based Dow Chemical Co. said it would acquire Rohm and Haas Co. for $18.8 billion to expand its advanced materials business.While...

Posted on July 11, 2008 1:10 PM

Leno: NBC really wanted 'Waiting for paint to dry' channel (from Corporate Dealmaker)

It has to be tough doing big deals when you have a high-profile comedian working for you. Such is the case with NBC Universal Inc.'s recent $3.5 billion acquisition of Atlanta's Weather Channel, which Jay Leno called an effort to "create the dullest business partnership in history." Atlanta Business...

Posted on July 9, 2008 6:05 PM

NBCU-Weather Channel deal: Why the PE partners? (from Corporate Dealmaker)

We're still wondering. The deal, which calls for NBC Universal to team up with Blackstone Group LP and Bain Capital LLC to buy the Weather Channel properties from Landmark Communications, was announced July 6. The announcement gives the strategic logic for NBCU, but nothing on the reason for the partnership....

Posted on July 7, 2008 12:32 PM

The latest on GE Appliances sale (from Corporate Dealmaker)

The FT Tuesday morning gives us a little more detail on the interest of China's Qindao Haier Co. Ltd. in General Electric Co.'s appliance unit. As we noted previously, the sellers -- starting with CEO Jeff Immelt -- are doing a good job of fanning interest in this sale.The FT...

Posted on June 10, 2008 11:20 AM