The Deal
Saturday, July 4, 
8:17 pm

— Dealwatch —

Cover story

hummerSM.png

General Motors

As expected, GM filed for Chapter 11 at 8 a.m., June 1. See highlights of The Deal's coverage of how the auto giant got here and what lies ahead.

 Full Story     Share    Discussion

Community

Analysis

Off offshore

The traditional model of offshore funds, typically set up in the Cayman Islands, has recently faced unseen levels of scrutiny. As a result, the future of the so-called unregulated offshore centers has been called into question.


Industry Insight

Seller's delight

Tips on selecting the right buyer for your strategic disposition.


Judgment Call

Let bylaws be bylaws

The authors discuss how to put teeth in advance notice bylaws.


Industry Insight

Closing the tough deal

Terms and structures now used to get deals done are post-closing purchase price payments, earnouts, simultaneous acquisitions, rollups, payments in kind and joint ventures.



Table of contents

Dealwatch

Ponzi schemes, fraud and other misdeeds

Madoff, Stanford, Dreier, the N.Y. pension scandal ... Welcome to the recession rogues gallery.


Movers and Shakers

BofA Merrill Lynch exodus

Cantor Fitzgerald hires David Stith as head of leveraged finance and financial sponsor coverage. Moelis hires Merrill's former head of the semiconductors and electronics i-banking, Kevin Scheetz.


Movers and Shakers

Bear Stearns exodus

They're still moving: Broker-dealer Guggenheim Capital Markets LLC launched a financial institutions group, hiring Frank McCutchan and Scott Schondau.


Deals

Magazines

As Crain's New York tells us, 525 magazines died in 2008. What's in store for 2009? Bankruptcies and auctions amid a changing industry.


120706_deltaSM.png
Deals

Airline consolidation

Consolidation looms as Paris Air Show opens; US Airways CEO still interested in airline deals; and more.


Bankruptcy

PE-backed bankruptcies

MagnaChip Semiconductor, Berean Christian Stores are among the latest PE-backed companies to file.


planewreckSM.png
Bankruptcy

Airlines and bankruptcy

The latest headlines on airlines and bankruptcy.


040708_midmarketSM.png
Dealwatch

Middle market

'Middle-market dealmaking is in many ways a window into the soul of wider M&A activity and, in turn, the economy at large,' so writes our middle-market editor Nathaniel E. Baker.


moneySM.png
Deals

PE and VC fundraising

Kicking off June: PE firms holding $400B in dry powder. Here's some context.


carl_icahnSM.png
Dealmakers

Carl Icahn

Biogen, WCI, Tropicana ... another day, another company for activist investor Carl Icahn. Here's the latest.


041707_googleSM2.png
Dealmakers

Google

Google continues to make deal headlines. And with the Queen of Competition in the driver's seat, here comes Antitrust 2.0. May 29: A Deal scoop reveals the DOJ is probing possible tech hiring pact.


landtSM.png
Deals

Department stores

Neiman's quarterly results show recession's toll and Arcandor asks for U.S.-style prepack bankruptcy.


FuldSM.png
Movers and Shakers

Lehman Brothers exodus

Jefferies & Co. made three hires for its mortgage- and asset-backed securities sales and trading group.


CleantechSM.png
Venture Capital

Cleantech

A green-minded new administration luring cleantech 'stars,' new cleantech funds and startups landing fresh rounds of capital, all against the backdrop of a recession give TheDeal.com staff and contributors plenty to weigh in on.


yahooSM1.png
Deals

Yahoo!

The Yahoo!-Microsoft-Google saga tears on. Meanwhile, here comes Antitrust 2.0.


Cubs_logo.gif
Dealmakers

Tribune

Tribune's buyout-to-bankruptcy tale has been featured in some Deal magazine retrospects. Here's the latest.


pinkslipSM.png
Dealmakers

Pink slips on Wall Street

HSBC and Wells Fargo are among the latest firms in layoff headlines.


0909608_pfizerSM.png
Dealmakers

Pfizer

Pfizer-Wyeth, Merck-Schering Plough. 2009 has seen some big-ticket pharma deals.


110106_cvsDW.png
Deals

Pharmacies: CVS, Longs, Walgreen

Express Scripts to raise up to $1.6B: The pharmacy benefits manager will use the proceeds to help it pay cash for WellPoint's drug benefits unit, NextRx.


LinensNThings.png
Bankruptcy

Retailers and bankruptcy

New York retailer Olly's Retail USA Inc. has followed its Dutch parent Oilily BV into bankruptcy.


beerSM.png
Deals

Brewers

KKR's spending plenty on beer money.


circuitcitySM.png
Dealwatch

Activist investors' retail campaigns

Target defeats Ackman.


aollogoDW.png
Deals

AOL

It's official: Time Warner will finally spin off AOL, the New York media conglomerate said May 28.


Dealwatch

Hockey

Ten years of The Deal's coverage of NHL franchise sales, bankruptcies and more. Remember the strike?


homesaleSM.png
Bankruptcy

Homebuilders and bankruptcy

Bloomberg notes May 26 that 'housing hitting bottom by June means fewest starts since 1945.' Not good news for the homebuilding sector, where bankruptcies abound.


burgerkingSM.png
Deals

Fast food

Deal news from the fast food majors is light of late, while Smashburger, and others, ride the better-burger business model.


081208_bennigansSM.png
Deals

Restaurants in the hot seat

Kona Grill rethinks things, El Pollo Loco has a plan to cut debt and more.


082106_lonestarsteakhouseSM.png
Private Equity

Steakhouses: Buyouts and bankruptcy

Steakhouses feel the recession's pinch. In May, however, Outback's parent posted a gain. Back in April, Buffets emerged from Chapter 11.


062807_dtrump.png
Dealwatch

Donald Trump

Trump's worth is questioned.


072707_wholefoodsSM.png
Deals

Supermarkets

Whole Foods delivers a profit and Bruno's will keep some stores open.


cablevisionSM.png
Dealwatch

Cablevision

Cablevision's potential plan to spin off its Madison Square Garden unit may need a footnote for further clarification.


nardelli chryslerSM.png
Private Equity

Chrysler

June 10: After the Supreme Court clears the way, Chrysler LLC-Fiat SpA closes. Deal contributor Eric B. Fisher examines lessons learned from Chrysler in: When hedge funds go to bankruptcy court.


aigSM.png
Deals

AIG

The latest on the bailout to end all bailouts.


Cubs_logo.gif
Dealwatch

Baseball

There's lots of buzz about the Mets and Citi Field lately; the Rangers are on the block; and remember when A-Rod became the $252 million man?


Dealmakers

Bottlers: Pepsi, Coke and more

PepsiCo has proposed a $6 billion deal for its two largest bottling affiliates. It's trying to gain another edge in the noncarb drinks market.


SPACsSM.png
Deals

SPAC attack

SPACs remain a mixed bag. Dick Heckmann's China Water and Drinks deal and Hyde Park's Essex Crane deal go through, while others go bust.


052407_bceSM.png
Dealwatch

BCE

In February, Scott Stuart offered a retrospect on the busted buyout. A month later, BCE was back in dealmaking mode.


saraleeSM.png
Deals

Sara Lee

Sara Lee's divestiture program of noncore brands continues. Next up: European household and personal care products.


042808_wrigleySM.png
Dealmakers

Confectioners: Cadbury, Hershey, more

Cadbury has sold its Australian drinks business to Japan's Asahi Breweries, and an analysis of Mars-Wrigley.


010408_siruisSM.png
Dealwatch

Sirius XM

Liberty Media completed the second step in a plan to keep Sirius XM from defaulting on $172 million in convertible notes. Indeed, it seems to be part of a trend.


njnetsSM.png
Dealwatch

Basketball

The NBA plans to borrow $175 million to extend to 15 teams. The Orlando Magic plans to tap it.


Reed_logoSM.png
Dealwatch

Reed Elsevier, Reed Business Information

The sale of RBI seemed like a sure thing. That proved to be a mistake, Richard Morgan wrote in a February retrospect. Here's how it went.


Deals

A new tune for Hard Rock Cafe

Hard Rock Park plans to liquidate, but could a bidding war be on the horizon instead?


082806_birdseyeSM.png
Deals

Unilever

Unilever scrubs up with its $411.5 million TIGI deal.


Heinz Ketchup_smallerSM.png
Dealmakers

Heinz

Is Heinz a takeover target?


040306_bustedSM.png
Private Equity

Buyouts gone bust

Hexion-Huntsman is the latest buyout gone bust and comes days after the BCE deal fell apart. Here's a look at a year's worth of stalled take-privates.


Dealwatch

Starrett City

The auction for Brooklyn, N.Y.'s Starrett City, the nation's largest affordable housing complex, which has been on the block for nearly two years, is reportedly on hold.


Dealwatch

Stuyvesant Town, Peter Cooper Village

Tishman Speyer's $5.4B deal for Stuyvesant Town and Peter Cooper Village symbolized the peak of the real estate boom. Now, the company is feeling some pain as several bonds tied to the development were downgraded.


070207_testtubesSM.png
Deals

ImClone

Massachusetts' State-Boston Pension Fund has stepped in with a lawsuit to block Eli Lilly's $6.5 billion deal for ImClone.


wachoviaSM.png
Deals

Wachovia

The Fed has approved a Wells Fargo-Wachovia deal. But might the new owner abandon Wachovia's investment bank?


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.