Entries tagged "newsweekly"
This week's issue features our annual look at Private Equity Deals of the Year. Coming about one year after the credit crisis took hold, this year's collection, spearheaded by Vyvyan Tenorio, is an eclectic bunch; we call the compilation "Odds and Ends." We begin by highlighting a few blockbuster exceptions to the period's general bleakness, including Alltel Corp.'s $27.5 billion LBO and its successful flip to Verizon Wireless months later. There's also Bristol-Myers Squibb Co.'s sale of ConvaTec, notable for the airtight sale agreement behind it, and two precredit crunch buyouts, United Rentals Inc. and Clear Channel Communications Inc.'s television...
Ag boom. The cover of the May 5 newsweekly says it all. After decades of depressing news, farmers are finally riding a hot market as food prices rise. The questions Bill McConnell asks in the cover story are serious: How long will the boom last, and is it another bubble? The answers are complex. Food prices are being fueled by everything from rising consumption in China to corn going into ethanol production. On the negative side, farmers also face rising costs from oil-based inputs like fertilizer and gasoline. And they fear that any shift -- say a government decision not...
