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

Midyear media reflections

Halfway through 2009, what do media dealmakers have to show?


Video: Meredith Corp's Zieser on distressed media deals

In this edition of Inside The Deal, Meredith chief development officer John Zieser talks to The Deal's Suzanne Stevens about distress deals in the media industry.


Doubledown Media goes bust

The publisher of high end magazines targeted for the Wall Street community closed its doors blaming sluggish advertising connected to the downturn in the economy.


Will Maxim keep Steve Rattner from becoming car czar?

Any college student can tell you that loud music, pretty girls and cars all go together, but it could be the combination of the three that prevents private equity dealmaker Steven Rattner from becoming Barack Obama's first car czar. ...


Ziff Davis makes a silent exit

We're going to let you in on a little secret: Ziff Davis Media Inc. has, in fact, exited from bankruptcy protection. The New York-based publisher emerged from Chapter 11 on July 1 as expected, but forgot to tell anyone....


Crovitz comments on News Corp.'s Dow Jones purchase

Gordon Crovitz, the former publisher of The Wall Street Journal, spoke about News Corp.'s acquisition of Dow Jones, newspapers and blogs at the 2008 Leadership in Media forum. ...


Carlyle's Pearlstine sees a future for magazines, newspapers

Norman Pearlstine, a senior advisor at the Carlyle Group and former editor in chief of Time Inc., spoke at the 2008 Leadership in Media Forum on Wednesday morning about the future of newspapers and magazines. ...


Is Maria Bartiromo the next Rachael Ray?

Just as Food Network personality Rachael Ray began her assault on the Martha Stewart Omnimedia empire, another TV personality may be preparing an assault of her own. While CNBC anchor Maria Bartiromo is not thought of as a domestic diva like Ray and Stewart, the Wall Street diva reportedly is near plans to append her trademarked nickname "Money Honey" on products much like TV personalities Ray and Stewart. Bartiromo, who got her start in the early days of CNBC by reporting from the floor of the New York Stock Exchange, recently filed with the U.S. Patent Office to use her...


New York Times seeks damage control

For the 155 year-old New York Times Co., 2006 has been far from spectacular. The Gray Lady has looked stodgy to investors and analysts, struggling to make a profit as circulation has fallen and advertisers have abandoned their print pages for the online world. It's been so bad that major shareholders such as Morgan Stanley are pushing for the removal of Arthur Sulzberger Jr. from his post as publisher and chairman and abolish the two-tiered stock structure that keeps the Sulzberger family in control. Seeing weakness in the Times, corporate tycoon Jack Welch has even assembled a group of investors...


Heavy hands

Regulators continue to assert their hand in mergers and acquisitions Thursday, on both sides of the pond. Dubai International Capital LLC confirmed this morning that the U.S. has launched a national security investigation into its pending $1.2 billion acquisition of a U.K.-based precision-engineering company with U.S. subsidiaries, according to published reports. But, reports also say, Dubai International expects its acquisition of Doncasters Group Ltd. to close. In related news, the debate over the Dubai ports deal, which would give a United Arab Emirates-owned company control of operations of six U.S. ports, sparked Sen. Richard Shelby, R-Ala., to introduce legislation...


Monster spits out TMP

After 11 years, online recruiting firm Monster Worldwide Inc. is independent again. On Wednesday, Monster sold its TMP Worldwide Advertising & Communications businesses in Australia/New Zealand and Singapore in two separate transactions. Terms of the deals were not disclosed. Monster, which also closed its advertising and communications office in Hong Kong, said the transactions would not affect 2006 results. Last year, the firm sold its yellow-book advertising business. New York-based Monster said sale of the businesses was a result of its ongoing assessment of its operations. In 1995, at the very beginning of the dot-com era, recruiting firm TMP...


A new era in trading

More regulatory news comes out of Washington as the Securities and Exchange Commission approved Monday the proposed landmark union between the New York Stock Exchange and electronic trading company Archipelago Holdings Inc.   The merger, which will transform the NYSE from a member-owned, not-for profit into a for-profit company, is set to close March 7, with trading of shares scheduled to begin the next day. SEC approval came as the NYSE made a series of concessions including its non-profit and for-profit arms operating independently. The NYSE also ensured regulators that it would adequately fund market supervision activities. The news comes...



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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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