From ClusterStock.com, Oct. 14, 2008: We like the new bailout. We think it will ease the credit crisis and get banks lending to each other again (if not to consumers). The Treasury is finally focusing on the equity side of the balance sheet: The tax
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Posted on October 15th, 2008 by
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When it comes to newspapers, there’s nothing like the thrill of defeat. Scott Sperling, co-president of private equity firm Thomas H. Lee Partners, sounded anything but disappointed on stage Tuesday at the Dow Jones Media and Money conference when he told Wall Street Journal reporter Peter Lattman about dropping out of the bid for the […]
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H.J. Heinz makes no secret of the fact that acquisitions are part of its strategy, especially in areas like emerging markets and health and wellness.
Most recently, the company said earlier this month that it would buy Australian canned fruit and juice maker Golden Circle Ltd for about $220 million.
The company is still looking at “strategic […]
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From Clusterstock, Oct. 13, 2008 Well, now we know why the heads of the nine families were summoned to Washington today: To have capital shoved down their throats. The Treasury will be taking preferred equity stakes in the nation’s biggest banks, th
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