Entries tagged "UBS Investment Bank"
With the crunch easing and markets appearing to stabilize, private equity seems to be back, gearing up for deals.
What are credit default swaps and how do they work?
Cablevision Systems Corp. on Wednesday agreed to acquire the Sundance Channel from NBC Universal Inc., CBS Corp. and creator Robert Redford for $496 million. A host of advisers weighed in on the deal. Here are some highlights: ...
Wall Street veteran Kenneth D. Moelis, the CEO of Moelis & Co., recently shared with Bloomberg TV his insights on what's happening in the leveraged loan market and on changes at the investment banks. ...
With the threat of complex litigation looming, Clear Channel Communications Inc. said it closed the $1.1 billion sale of its television unit to an affiliate of Providence Equity Partners, on Friday, March 14. Providence also confirmed the deal, but put the price at $1.012 billion with working capital adjustments. As recently as this week, Clear Channel questioned in legal documents whether the buyer and its banks were committed to the deal.Providence agreed to pay $1.2 billion in April, with financing from Wachovia Corp., Goldman, Sachs & Co. and UBS Investment Bank. Clear Channel disclosed in November that Providence was reconsidering...
