The Deal
Tuesday, November 24, 
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Entries tagged "television"

Midyear media reflections

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


Shaw bids for Canadian TV stations

Canadian cable company Shaw Communications has offered to buy three small-market stations from CTV for 85 cents each.


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.


Vodafone denies FT speculation

U.K. telecom giant Vodafone Group plc announced Monday, July 16, that it has no plans to make an offer for Verizon Communications Inc. Vodafone said it was making the statement in response to speculation on the FT Alphaville, a Financial Times blog, that the company was considering a $160 million bid for its U.S. peer. Speculation suggests a deal would have been funded by the sale of Verizon's fixed telecoms division to private equity buyers to raise roughly $90 billion. Vodafone and Verizon are joint venture partners in Verizon Wireless where Vodafone holds a 45% stake. Full coverage and...


This date in deal history: Macchiavelli born

May 3, 1469: Political philosopher Niccolo Macchiavelli is born in Florence, Italy. After the downfall of the Medici regime in 1494, Macchiavelli organized the defense of Florence for Pope Alexander VI and Cesare Borgia. Macchiavelli’s observations of the republic’s rulers formed the basis of his most famous work, The Prince, in which he argued that a leader’s prime motivation should be to amass and retain power—not necessarily to act ethically. While many modern politicians and corporate executives admire Macchiavelli’s ideas, they conveniently ignore how the theories worked out for the theorist himself. Macchiavelli produced The Prince in an effort to...


This date in deal history

Feb. 15, 1812: Future blue-box packer Charles Lewis Tiffany is born in Killingly, Conn. After working in his father’s business as a young man, Tiffany moved to New York and, with partner John B. Young, opened a chichi stationery store dubbed Tiffany & Young at 259 Broadway. In 1845, the store published its first “Catalogue of Useful and Fancy Articles,” which distinguished Tiffany from his competitors—who sold only “Superfluous and Loathsome Crappe.” Eight years later, he acquired a silver business and gave the combined entity its current name: Tiffany & Co. In 1887, Tiffany took advantage of a quirk in...


Back in Style

As designer denim has become stylish the last few years, another buyout shop has claimed a stake in a high-end label. Berkshire Partners LLC announced Thursday it has taken a majority stake in designer jeans company Citizens of Humanity for $300 million.    The news comes just weeks after Polo Ralph Lauren reclaimed its jeans unit from Jones Apparel Group Inc. via a $355 million cash offer, and nearly a year after Bear Stearns & Co. was the first buyout shop to don designer denim, having taken a stake in No. 1 high-end denim retailer, Seven for all Mankind LLC,...



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Inside The Deal: Cisco Systems' Ned Hooper on raising the bid for Tandberg.


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Industry Insight

REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


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.



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