In deal-making, even deep-pocketed bargain hunters can’t always call their own tune. They need to find someone willing to sell for a song.
United Technologies’ caught Wall Street’s attention in March when Chief Executive Louis Chenevert repeatedly said he was confident the company could find some “good values” on the merger front, at a time when […]
Posted on July 21st, 2009 by
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As investor attitudes toward risk thaw, and the fear that has been keeping the dollar strong starts to ebb, the global market’s top gamblers are likely to be the ones putting down early bets. Enter Las Vegas casino company Wynn Resorts. Sources tell Clare Jim and Michael Flaherty that Wynn has submitted an application to […]
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Bank of America’s Merrill Lynch is in talks with several firms including Blackstone and Apollo Investment Management to sell management rights of its $2.65 billion Asian Real Estate Opportunity Fund, a source tells Reuters. A deal would be valued at a few hundred million dollars, the source said.
Meanwhile, China’s sovereign wealth fund has acquired 1.1 […]
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It appears as if CIT is getting a multibillion-dollar bailout. But this time, for a change, it’s not courtesy of the federal government.The
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Minimizing risk and maximizing returns: All investors try it but only few truly succeed. That’s where Jack Ablin’s new book comes into play. In this clip, Aaron talks to the Chief Investment Officer at Harris Private Bank and author of R
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