Latest buyout Stories

2014-06-04 08:30:28

WESTLAKE VILLAGE, Calif., June 4, 2014 /PRNewswire/ -- Envy Medical, Inc., a leader in professional skincare products and services, announced today that it has secured new growth capital from HCP & Company, a middle-market private equity firm headquartered in Chicago. The new funding will support sales and marketing initiatives, while also allowing the company to accelerate the development and introduction of exciting new skincare offerings designed to meet the growing demand for...

Dell Seeks $24.4B Buyback To Go Private
2013-02-05 12:55:15

Enid Burns for redOrbit.com — Your Universe Online Recovery comes at a price, and for Dell Inc. that price is $24.4 billion to finance a buyback and take the company private. The struggling computer manufacturer believes it can make a recovery but thinks in order to do so its operations and business decisions need to be free of the scrutiny of shareholders. With help from equity firm Silver Lake Partners, company founder and CEO Michael Dell will finance the $24.4 billion buyout to...

2009-08-18 12:15:40

Tribune Co. creditors asked a U.S. bankruptcy judge for permission to hire a law firm to investigate billionaire Sam Zell's leveraged buyout of the company. Having put up $315 million for stock options, Zell controls the company. However, an employee stock ownership plan owns Tribune, although it has no seat on the board that runs it, the Chicago Sun-Times reported Tuesday. The Internal Revenue Service and the U.S. Labor Department are already investigating the takeover with a focus on the...

2009-08-11 09:57:12

The former president of Kansas State University is denying he knew about a side deal on a $3.2 million buyout negotiated by head football coach Ron Prince. Jon Wefald rejected Prince's contention that Wefald and other school officials were aware of a secret buyout agreement when they fired the coach at the end of last season. Wefald told the Kansas City Star he stood by statements made in the spring in which he said no one at the university knew about the buyout deal that had been struck by...

2008-09-15 21:00:21

By Todd Gutner Voluntary buyout packages seem to be commonplace in corporate America during troubled times. Deciding whether to accept or reject that offer is never easy. There are a few things to consider as you decide. Most important is to realize that you have "some leverage in the negotiation process," says Paul Gavejian, managing director of Total Compensation Solutions in Armonk, N.Y. * Determine the financial feasibility. Work with your financial adviser to help you figure out how...

2008-07-13 03:00:20

By Shouse, Cathy Around the country, workers are facing tough decisions. If your company offers a buyout, what do you need to know before making the decision? Joyce Stone, 58, believes she made the right decision when General Motors offered her a bonus late last year to retire after 30 years employment as an electrician at its Marion, Indiana, plant: She took a lump sum, keeping full retirement and health-insurance benefits. In doing so, she rejected the buyout deal, which offered a much...

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