http://news.myspace.com/business/privateequity The latest news brought to you by MySpace! Sat, 05 Jul 2008 23:30:49 GMT http://newscdn.myspace.com/web.2.24/content/springwidget/privateequity.xml http://news.myspace.com/business/privateequity/item/19047392 Dealscape Home Hedge Clipper International M&A Private Equity Bankruptcy Regulatory The Deal Career Center Merrill Lynch & Co. The report says that Merrill could help Bloomberg fund a buyback of that 20% stake from the New York investment bank. Merrill DealScape Sat, 05 Jul 2008 12:12:55 GMT http://news.myspace.com/business/privateequity/item/19047392 http://news.myspace.com/business/privateequity/item/19011792 Morgan Chase CEO Jamie Dimon went to the Aspen Ideas festival this week. The festival, hosted by Atlantic magazine and the Aspen Institute, featured an interview between Charlie Rose and Dimon. Dimon, whose firm caught, flayed and ate Bear Stearns, had WSJ.com: Deal Journal Thu, 03 Jul 2008 19:03:31 GMT http://news.myspace.com/business/privateequity/item/19011792 http://news.myspace.com/business/privateequity/item/19022858 The $6.1bn private equity takeover of Penn National Gaming - one of the last remaining buy-out deals negotiated before the credit crisis – had been aborted, the company said Thursday, because of market conditions and the risk of spiralling legal costs. FT.com Alphaville: M&A Fri, 04 Jul 2008 04:30:45 GMT http://news.myspace.com/business/privateequity/item/19022858 http://news.myspace.com/business/privateequity/item/19025325 (i) the substantial deterioration in the bank’s asset quality so far in 2008 as well as the expectation that this will weaken further during the rest of the year; (ii) the continuing obligation until 2009 to acquire mortgages from GMAC RFC (”GMAC”, unrated) of up to GBP 350 FT.com Alphaville: Private Equity Fri, 04 Jul 2008 07:37:05 GMT http://news.myspace.com/business/privateequity/item/19025325 http://news.myspace.com/business/privateequity/item/19029048 The below chart compiled by Covalance - an ethical research outfit. Last year major positive issues regarding the Banking industry have been: Climate Change, Energy, Diversity, CSR awards & rankings, Student grants, research & education, and Project FT.com Alphaville: Today Fri, 04 Jul 2008 13:02:15 GMT http://news.myspace.com/business/privateequity/item/19029048 http://news.myspace.com/business/privateequity/item/19020355 He said that pageviews were much higher than expected not only in the first quarter but also in the second quarter: given the pageviews which attached in Q1 to big stories surrounding Tom Cruise, Heath Ledger, and Eliot Spitzer, he'd anticipated a significant Portfolio: Market Movers Fri, 04 Jul 2008 01:25:00 GMT http://news.myspace.com/business/privateequity/item/19020355 http://news.myspace.com/business/privateequity/item/19032019 This is not the first time in our adult life that we are proud of our country. Accordingly, we are pleased to wish you a Happy Fourth of July. DealBreaker won't be publishing today in observance of Independence Day. We'll leave the comments section open so those of you stuck at your desks can chat. DealBreaker.com Fri, 04 Jul 2008 15:40:04 GMT http://news.myspace.com/business/privateequity/item/19032019 http://news.myspace.com/business/privateequity/item/19009563 Greetings for the last time in a long time, as I窶冦 heading off for a two-week vacation. 窶廩eading窶�might actually be a bit of a stretch, since my primary plan is to become better acquainted with my couch. peHUB will continue to be updated in my absence, with Erin Griffith and Connie Loizos doing PEHUB Thu, 03 Jul 2008 18:59:45 GMT http://news.myspace.com/business/privateequity/item/19009563 http://news.myspace.com/business/privateequity/item/19008129 Dealscape Home Hedge Clipper International M&A Private Equity Bankruptcy Regulatory The Deal Career Center Shareholders of battered Lehman Brothers Inc. Lehman's slow stock recovery began Tuesday after an analyst at Morgan Stanley raised the price target for DealScape Thu, 03 Jul 2008 17:56:23 GMT http://news.myspace.com/business/privateequity/item/19008129 http://news.myspace.com/business/privateequity/item/19009638 Our earlier post on Penn national and the failure rate of leverage buyouts got us to thinking: What are the largest announced LBOs from 2007 that ultimately ended up on the scrap heap? So our friends at FactSet MergerMetrics put together this list of 15 WSJ.com: Deal Journal Thu, 03 Jul 2008 18:03:26 GMT http://news.myspace.com/business/privateequity/item/19009638 http://news.myspace.com/business/privateequity/item/19022968 US buyout firm KKR is still considering floating on the New York Stock Exchange, one year on from first declaring its interest, reports the Wall Street Journal. The Daily Telegraph follows up, saying that KKR recently announced plans for its first foray into FT.com Alphaville: Private Equity Fri, 04 Jul 2008 04:26:13 GMT http://news.myspace.com/business/privateequity/item/19022968 http://news.myspace.com/business/privateequity/item/19029046 This entry was posted by Paul Murphy on Friday, July 4th, 2008 at 14:10 and is filed under Uncategorised. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site FT.com Alphaville: Today Fri, 04 Jul 2008 13:10:40 GMT http://news.myspace.com/business/privateequity/item/19029046 http://news.myspace.com/business/privateequity/item/19022857 Bradford & Bingley’s largest shareholders on Thursday night stepped in to rescue the ailing mortgage lender after TPG Capital, the US private equity group, pulled out of a £400m capital increase. The emergency rescue was triggered shortly after Moody’s informed B&B it planned to cut the FT.com Alphaville: M&A Fri, 04 Jul 2008 04:36:34 GMT http://news.myspace.com/business/privateequity/item/19022857 http://news.myspace.com/business/privateequity/item/19027004 Fitch Ratings has today assigned Barclays Bank Plc’s (Barclays - ‘AA’/Outlook Stable/’F1+’) first two benchmark mortgage covered bond issues of GBP1bn each, with a maturity of three and three and a half years, ‘AAA’ ratings. The ratings are based on FT.com Alphaville: Today Fri, 04 Jul 2008 10:33:12 GMT http://news.myspace.com/business/privateequity/item/19027004 http://news.myspace.com/business/privateequity/item/19011793 1. Patriotism and the financials: Shortly after mocking the futility of picking market bottoms, I went ahead on Tuesday and bought XLF, the financial sector exchange traded fund. The thinking went like this: Canadian fertilizer company Potash has a market cap WSJ.com: Deal Journal Thu, 03 Jul 2008 19:03:31 GMT http://news.myspace.com/business/privateequity/item/19011793 http://news.myspace.com/business/privateequity/item/19022861 Sir Martin Sorrell’s WPP on Thursday launched a third attempt to persuade shareholders of Taylor Nelson Sofres to accept WPP’s approach rather than its agreed nil-premium merger with German research group GfK, but was rejected by the UK market research group. The indicative approach is made up of FT.com Alphaville: M&A Fri, 04 Jul 2008 04:22:36 GMT http://news.myspace.com/business/privateequity/item/19022861 http://news.myspace.com/business/privateequity/item/19012350 Dealscape Home Hedge Clipper International M&A Private Equity Bankruptcy Regulatory The Deal Career Center Elsewhere in the issue, Terry Brennan looks at the family feud behind copper miner Asarco LLC, which believes it is in bankruptcy because of its parent, DealScape Thu, 03 Jul 2008 20:00:59 GMT http://news.myspace.com/business/privateequity/item/19012350 http://news.myspace.com/business/privateequity/item/19027006 We know there’s a lot going on in other key markets of the world, but just to focus on Japan, briefly, as one of the equity markets cited this week (along with Canada) among the tiny handful that have done admirably well amid the gloom, doom and FT.com Alphaville: Today Fri, 04 Jul 2008 10:18:35 GMT http://news.myspace.com/business/privateequity/item/19027006 http://news.myspace.com/business/privateequity/item/19011794 Microsoft tried to open formal negotiations with Yahoo in the spring of 2007, but Yahoo stalled until their annual meeting past and Microsoft’s interest presumably died. His speculated that Yahoo instituted a plan of Olympic foot-dragging (in the WSJ.com: Deal Journal Thu, 03 Jul 2008 19:03:31 GMT http://news.myspace.com/business/privateequity/item/19011794 http://news.myspace.com/business/privateequity/item/19022860 HBOS led a rebound for the London market Thursday when the UK bank closed above the underwriting price on its rights issue for the first time in three days. The stock rose 7% to 279¼p amid speculation that HBOS could sell Bank West, its Australian division. FT.com Alphaville: M&A Fri, 04 Jul 2008 04:28:15 GMT http://news.myspace.com/business/privateequity/item/19022860