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Latest Cerberus Capital Management L.P. Stories

2014-05-02 08:20:36

- Represents second transaction in three-phase exit strategy; 90 percent of interiors business now under contract, offer or sold VAN BUREN TOWNSHIP, Mich., May 2, 2014 /PRNewswire/ -- Visteon Corporation (NYSE: VC) today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31,...

2010-12-21 06:30:00

TD to gain North American organic growth platform Transaction gives TD access to top talent, systems and technology Transaction allows TD to expand in large market with significant potential upside Note: All figures in US$ unless otherwise noted. TORONTO, Dec. 21 /PRNewswire-FirstCall/ - TD Bank Group (TD) (TSX and NYSE: TD), and Cerberus Capital Management, L.P. (Cerberus), today announced an agreement under which Chrysler Financial will be sold to TD for cash consideration of...

2010-12-17 16:07:00

DULLES, Va., Dec. 17, 2010 /PRNewswire/ -- GeoEye, Inc. (Nasdaq: GEOY), a premier provider of superior satellite and aerial-based geospatial information and services, filed a shelf registration today to register the common stock that is issuable upon the conversion of the Series A convertible preferred stock that was issued by GeoEye in the previously announced private placement on Sept. 22, 2010, to Cerberus Satellite LLC, a limited liability corporation controlled by Cerberus Capital...

2010-11-01 08:00:00

DULLES, Va., Nov. 1, 2010 /PRNewswire-FirstCall/ -- GeoEye, Inc. (Nasdaq: GEOY), a premier provider of superior satellite and aerial-based geospatial information and services, announced today that it has appointed Dr. William L. Ballhaus to serve on GeoEye's board of directors. He joins nine other board members. (Logo: http://photos.prnewswire.com/prnh/20080625/LAW528LOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20080625/LAW528LOGO) Ballhaus' appointment follows the closing of...


Word of the Day
callithump
  • A somewhat riotous parade, accompanied with the blowing of tin horns, and other discordant noises; also, a burlesque serenade; a charivari.
'Callithump' is a back-formation of 'callithumpian,' a 'fanciful formation' according to the Oxford English Dictionary. However, the English Dialect Dictionary, says 'Gallithumpians' is a Dorset and Devon word from the 1790s that refers to 'a society of radical social reformers' or 'noisy disturbers of elections and meetings.'
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