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December 12, 2011

Past issues

July 16, 2012

The Deal magazine looks at the biotech sector and how new, creative funding deals are promising to rejuvenate the search for new drugs. Plus, this issue looks at LIBOR's new landscape. Meanwhile, we have an indepth conversation with CD&R's Joseph Rice.

June 18, 2012

What goes up must come down, and so it would appear as The Deal magazine examines big-league bankruptcy. The theory holds for Tribune as it's new owners weigh its assets. But what about W.R. Grace, as it emerges from bankruptcy having made 22 acquisitions under protection? Plus, the corporate dealmaker 100.

May 28, 2012

The Deal magazine takes an indepth look at the strategic dealmaking of the packaging industry in the middle market. We also hit the road looking at the startup landscape in the drug development and medical devices sectors in Kalamazoo, Michigan as well as the burgeoning companies in the solar power, pharmaceutical, brewery and pesticide industries in Bend, Oregon.

May 7, 2012

Wanna do M&A? Careful, because here comes the shareholder litigation. When it comes to tech acquisitions, they're getting done -- just too bad companies aren't very good at it. And sovereign wealth funds are back, growing fast.

April 16, 2012

No one said private equity would be easy, and our annual Private Equity Deals of the Year proves it again with a roundup of 2011's big winners and losers. Also, The Deal magazine takes a look at cowboy capitalism with a trip to Dallas-Fort Worth. Finally, take a look at our sampling of middle-market companies on the auction block.

April 2, 2012

The Deal magazine travels to Japan to witness the island nation rise again amidst an active streak of dealmaking. Plus, a duet of music-related articles look at the antitrust snares of Universal Music's purchase of EMI assets and the effect that the emergence of digital music is having on copyright laws.

March 12, 2012

In this issue, The Deal magazine hits the bankruptcy trifecta: the take-no-prisoners battle for Alter Communications; the rise and fall of real estate moguls, the Meruelo brothers; and the bankruptcy league tables. Also, take a look at how Humana has set a new course along the acquisition trail.

February 20, 2012

The Deal magazine focuses on the middle market by looking at some of its top dealmakers and then gives an overview of what's out there on the auction block. The issue also features an in-depth look at private equity in France and in emerging markets around the world.

February 6, 2012

The Deal magazine gets in the pilot seat to take a look at American Airlines' bankruptcy, then wonders what will now happen to a beleaguered Reader's Digest. Also, Herb Fritch of HealthSpring may have an answer to the sky-high inflation of the healthcare industry.

January 23, 2011

What a topsy-turvy, rumbly-tumbly year 2011 turned out to be -- and The Deal magazine takes a look at the M&A Deals of the Year in uncertain times. Also, Edgar Bronfman Jr. sits down for his first interview since selling Warner Music.

December 12, 2011

Just when you thought it was safe to go back in the water, suddenly it was 2011 -- and The Deal magazine looks back at all the twists and turns of dealmaking. Also in this issue, dealmakers pay back as social entrepreneurs.

November 28, 2011

'What worrying wall of debt?' The Deal magazine asks. Oh, right, there it is. Plus, the Windy City offers up its own particular brand of private equity, while, farther afield, Big Oil makes a play in Kurdistan.

November 14, 2011

The Deal magazine tracks down the in-house corporate dealmakers from the top American companies and takes a voyage around the world to explore the valleys and peaks of the travel industry.

October 31, 2011

The Deal magazine goes back to school and offers a full report on the business of education.

October 17, 2011

The Deal magazine goes looking for trolls and geeks, and the middle market shows its ups and downs in a trying economy.

October 3, 2011

Who are the private equity movers and shakers to keep an eye on, and how does Ralph de la Torre look to transform managed care?

September 19, 2011

The Deal magazine honors this year's Most Admired Corporate Dealmakers and takes a close look at the ups and downs of Wall Street compensation.

September 5, 2011

The interview issue asks all the pertinent questions to six experts in their respective fields, while the market for multiple sclerosis therapies provides an evocative case study on dealmaking.

July 25, 2011

The Deal magazine gets up close and personal with faces of the middle market and charts the new hits of the music business as it shifts away from label dominance.

June 27, 2011

Despite trying financial times, the spotlight shines on the private equity deals of the year that were deftly executed and held to the principle of creating value.

David Levy on the Euro's troubles international effects

Economist David Levy outlines the effects of Europe's troubles on China and the U.S., as well as the steps policy makers will need to take to address the problem.

Rothschild's Laurence Grafstein on cross-border M&A

Laurence Grafstein, co-head of M&A at Rothschild speaks on the the dynamics of cross-border dealmaking going into 2012.

Dealmakers

Movers & shakers: Guy Hands

In an interview in his sunny Guernsey office, Terra Firma's Hands expresses no regrets about EMI and sees a future as an 18th-century merchant trader in 21st-century China.

Movers & shakers: Asher Edelman

A conversation with the art dealer and former raider, who now operates the gallery Edelman Arts and finance service Art Assure.

Movers & shakers: Anita Antenucci

The senior managing director at Houlihan Lokey helps teenagers with difficult background earn their GEDs and find jobs.

Movers & shakers: Joseph Chow and Gary Liu

The former will head a Beijing outpost for the independent investment bank, while the latter was hired as an associate in the office.

The Deal magazine's annual report on philanthropy

A growing movement aimed at investing social capital is gaining currency in the nonprofit world.

Social entrepreneurs: Bud Colligan

Accel Partners' Colligan founded Pacific Community Ventures to inject venture capital into down-at-the-heels California communities.

Social entrepreneurs: Khawar Mann

The partner at Apax Partners uses his Mosaic charity to inspire kids in rough, largely Muslim neighborhoods.

Social entrepreneurs: Joseph Schull

The Warburg Pincus managing director is a board member at NESST, a nonprofit that provides grants to social enterprises.

Social entrepreneurs: Peter Werner

Full Circle Fund, the so-called engaged philanthropy organization, believes the practices of venture capital can be applied to philanthropy.

Social entrepreneurs: Gary Hattem and Asad Mahmood

Mahmood and Hattem, managing directors at Deutsche Bank, are involved in the Eye Fund, a social investment project that provides low-cost loans to eye-care hospitals.

Deal diary: Dec. 12, 2011

Jones Day moves fast for Weir, and everyone gets a piece of Samson.

Pacific Crest Securities' Scott Sandbo and Terry Schallich

The tech investment bank has underwritten IPOs this year for Ubiquiti Networks, Imperva and Brightcove.

George Osborne talks up infrastructure investment

But the government pledge is puny, and pension funds won't sign on so fast.

Year in review: 2012

A look ahead at the next 12 months.

Features

2011: The year in review

This year, despite the insistence of dreamers, anarchists, technocrats and wizards, reality won hands down.

Delaware's Chancery grapples with multijurisdictional litigation

Shareholders are now suing to challenge virtually every merger or acquisition, exacerbating the issue.

China's hand in risk arb spreads

Beijing's Ministry of Commerce has joined the ranks of key antitrust reviews. The resulting uncertainties can affect more than just such spreads.

The labor pains of the airline industry

The sector continues to fly the unfriendly skies with AMR's bankruptcy filing, as labor and management just can't seem to get along.

Dealmaking among emerging markets

The old M&A paradigm of north buying south, or vice versa, is being altered. The new model: south and south.

Shale game

Despite market volatility, dealmaking driven by prospects for abundant natural gas and oil from fracking abounds.

Biotech milestones, blockbusters and orphans

In 2011, risk sharing returned to dealmaking in the sector as overconfidence left the market.

Some clarity on regulatory guidelines

After years of losses and few challenges, the antitrust agencies return to court.

The lighter hand of activist investors

Legendary activists like Carl Icahn often engage in very aggressive, very public tactics. The younger generation tries consensus, not conflict.

The secondary market's secret order

As fundraising for primary private equity investments has become more difficult, the secondary market is thriving — but notoriously less than transparent.

GPs giveth, and LPs taketh away

The financial crisis and its aftermath have shifted power between LPs and GPs. The result, at least for now: better terms for investor.

CLECs' last stand?

An industry created by the Telecommunications Act of 1996 now finds itself facing larger, acquisitive rivals. Competitive local exchange carrier may be on their way out.

U.K. journalism's fantasy world

Britain's phone-hacking scandal was ugly enough. Now the Leveson Inquiry reveals a world of fiction masquerading as fact.

Netflix, HP: What have we wrought?

Ill-advised moves by executives at the companies resulted in their fall, and left the industry leaders trying to repair the damage.

Panic, volatility cloud PE's prospects

Buyout shops made some progress recovering from the boom and subsequent bust. But they're not in the clear yet.

Derivatives risks still loom large

New derivatives rules aimed at wiping away risk could lead to a whole new batch of problems.

The price of Solyndra, Open Range

How two bankruptcies created an overreaction to the way the government tries to fund technologies.

Commentary

Transactions: Dec. 12, 2011

Democracy remains the default political choice around the globe. It's a sign of our troubled times that this persistent impulse now sees the enemy in the ambitions and dreams of the technocrats.

Bill Keller for dummies

The former executive editor of The New York Times joins the ranks of those who think it's time he learned some economics. What did he discover? What a rotten subject.

Verizon Wireless, cable companies: What's the fuss?

The cablers and the wireless telecom were locked in seemingly endless competition. Then the two groups realized the merits of collective action.

Rakoff's takes aim at the settlement process

In rejecting the SEC's deal with Citigroup, the judge offers some new guidelines.

The Deal magazine's Barrel Awardees

Our annual award for dubious achievements in buyout-land.

Agricultural-equipment dealmaking's bountiful harvest

Based on current global trends, prospects for continued growth in the sector remain good.

Telecom's final frontier

For 2012 and beyond, the theme in the satellite business is delivering broader, faster mobile communications to an insatiable global consumer.

Federal tax aspects of PE oil and gas investments

Understanding the variation in the federal income tax consequences of different forms of U.S. oil and gas investments is critical.