The Deal
Saturday, November 21, 
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Entries tagged "dealmaker"

Soros commits $1B to cleantech

Legendary hedge funder George Soros is jumping into the cleantech pool, pledging $1 billion worth of investments in the sector.


Tom Perkins still lives large

Although venture capitalist Tom Perkins may have lost money on the sale of the Maltese Falcon, a megayacht, he has bought what may be San Francisco's most expensive condo.


Charles Rangel's accounting problems

The chairman of the House Ways & Committee revealed personal assets worth at least $500,000, according to an amended report he filed this month.


WWE CEO thinking of running against Dodd

WWE CEO Linda McMahon may be looking for a smackdown in the political ring with incumbent Connecticut Sen. Christopher Dodd.


Treasury taps Hellman & Friedman dealmaker

Jeffrey Goldstein, a managing director at private equity firm Hellman & Friedman LLC, was nominated by President Obama Wednesday to be Treasury under secretary for domestic finance.


The continuing relevance of Peter Bernstein

Remembering Wall Street historian and thinker Peter Bernstein.


Mack succession is coming?

Talk about John Mack's eventual replacement as Morgan Stanley's CEO is beginning to grow.


Zenni expects extraordinary distressed deals

Distressed investor James Zenni of Z Capital Partners told The Deal he expects unprecedented distressed opportunities unlike previous cycles.


Icahn's stimulus package envisions an end to exclusivity

America's bankruptcy laws would look a whole lot different if corporate raider and self-styled shareholder activist Carl Icahn had a say in it. Icahn is no stranger to bankruptcy. He has put companies he owns into it, and he's bought many an asset out of it. And he thinks giving a debtor an exclusive period to submit a reorganization plan stinks. Or so he writes in a recent piece on The Wall Street Journal's op-ed page. ...


Roll Call: Dec. 17, 2008

Time magazine announced its man of the year, and while Barack Obama took top billing, Treasury Secretary Hank Paulson was runner-up, notes Time's Curious Capitalist blogger Justin Fox, who contributed to the feature. The New York Times' editorial board has some questions for Paulson's upcoming replacement, Timothy Geithner. Earlier Wednesday, Dealscape noted that Attorney General Michael Mukasey had recused himself from the Bernard Madoff case because his son, Marc Madoff, a partner at law firm Bracewell & Giuliani LLP, was representing a party in the case. Now, the CityFile blog has learned that Mukasey has a second reason: His...


Sun-Times closes the book on its Black era

One can forgive the Chicago Sun-Times for consigning a slew of parent company changes to a three-paragraph "business brief" in its Wednesday edition, reminiscent, as they were, of a half-decade of pain. Pain as only internecine warfare between management and shareholders can wreak. Pain of the sort only former press lord Conrad Black could inflict on his shareholders, his employers and, ultimately, himself....


Kerkorian slashes Ford stake

Financier Kirk Kerkorian bowed out of the auto business -- again -- on Tuesday, announcing plans to significantly scale back his 6% stake in Ford Motor Co. in order to focus his investments on other industries. Kerkorian's Tracinda Corp. in a Securities and Exchange Commission filing said it had sold 7.3 million shares of Ford common stock on the open market for an average of $2.43 per share, or $17.7 million. ...



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


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Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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