Entries tagged "mergers and acquisition"
Verizon Wireless may be in talks to buy Alltel Corp. for about $27 billion from TPG Capital and Goldman Sachs Capital Partners, according to CNBC's David Faber. ...
Cablevision Systems Corp. agreed to acquire a 97% stake in Newsday Media Group from the Tribune Co. for $650 million. Here are some highlights of the deal: Cablevision hired investment bankers Stefan Selig, James McVeigh, Scott Seaton and Richard Casavechia of Banc of America Securities LLC and also bankers from Merrill Lynch & Co. The law firms working on behalf of Cablevision were Hughes Hubbard & Reed LLP and Sullivan & Cromwell LLP. The target hired Christina Moore of Citigroup Global Markets Inc. as its investment banker. Law firms McDermott Will & Emery, Sidley Austin LLP and Janofsky & Walker...
Jonathan Korngold, a managing director at General Atlantic LLC, addressed M&A opportunities within healthcare over the next two years at The Deal's Healthcare Dealmaking Symposium. Korngold predicts that within the next 12 to 18 months there will be some great reimbursement opportunities for investors. "I'm quite optimistic about the prospects in healthcare over the next 24 months," he said. - Maria Woehr...
