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CA-BUSINESS Summary
Published December 4, 2008, 7:35 pm, The Globe and Mail
NEW YORK/TORONTO (Reuters) - Some of the private equity buyers of BCE Inc , Canada's biggest telecom company, are floating an alternative deal to the C$34.8 billion ($28.3 billion) leveraged buyout that was put in jeopardy a week ago, a source familiar with the situation said.
BCE’s Buyers Said to Propose Alternative to Takeover (Update1)
Published December 4, 2008, 4:11 pm, Bloomberg
Dec. 4 (Bloomberg) -- The private-equity firms that agreed to buy BCE Inc. for C$52 billion ($42 billion) may instead seek to acquire a minority stake in the Canadian phone company, according to two people with knowledge of the plan.
Carlyle Cuts 10% of Workers, Including U.S. LBO Jobs (Update1)
Published December 3, 2008, 1:42 pm, Bloomberg
Dec. 3 (Bloomberg) -- Carlyle Group, the world’s second- biggest private-equity firm, is cutting 100 jobs, or 10 percent of its workforce, as the leveraged-buyout business remains stalled.
Harvard-Led Sale of Private-Equity Stakes Hits Values (Update1)
Published December 1, 2008, 8:51 am, Bloomberg
Dec. 1 (Bloomberg) -- A push by the richest U.S. universities to unload their stakes in private-equity funds is flooding the market, driving down prices for the world’s best- known buyout firms.
Solvency Issues May Jeopardize Bell Canada Deal
Published November 30, 2008, 6:07 pm, The Gainesville Sun
Bell Canada, the largest phone company in Canada, said the economic slump might prevent its takeover from closing on time, signaling the buyout might collapse.
State's future Moore's passion
Published November 29, 2008, 9:56 pm, The Post and Courier
Editor's note: This is the first of two stories on one of the most influential women in South Carolina. The pragmatic Grande Dame of South Carolina receives her guests by the Steinway & Sons grand piano, nestled in a front parlor niche of her luxurious South of Broad home. She introduces her husband, Richard Rainwater, as "Dr. Doom." He is holding a can of soda, chatting and a little ...
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