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Last updated on April 23, 2014 at 12:16 EDT

Latest Cerberus Capital Management L.P. Stories

2013-06-25 08:22:14

Refinancing significantly enhances liquidity and financial flexibility for Partnership COLUMBUS, Ohio, June 25, 2013 /PRNewswire/ -- Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford") today announced that it has successfully completed a refinancing of its credit facilities that significantly enhances the Partnership's financial flexibility and puts it in a stronger position to participate in a coal market rebound. The Partnership has closed on $175 million of...

2013-06-21 16:20:47

NEW YORK, June 21, 2013 /PRNewswire/ -- An affiliate of Cerberus Capital Management, L.P., one of the world's leading private investment firms, has completed the sale of North American Bus Industries, Inc. ("NABI"), the manufacturer of the world's widest range of transit buses, to New Flyer, the leading manufacturer of heavy-duty buses in the U.S. and Canada. The transaction closed today and had a total purchase price of $80 million, substantially all for the satisfaction of...

2012-06-07 10:20:16

NEW YORK, June 7, 2012 /PRNewswire/ -- An affiliate of Cerberus Capital Management, L.P., one of the world's leading private investment firms, has completed the sale of Guilford Mills, a global leader in automotive and specialty fabrics, to Lear Corporation, a leading global supplier of automotive seating and electrical power management systems, for a total purchase price of $257 million. The transaction closed on May 31, 2012. An affiliate of Cerberus acquired Guilford Mills in 2004....

2012-05-09 10:25:35

TUCKER, Ga., May 9, 2012 /PRNewswire/ -- YP Holdings LLC ("YP"), which combines the assets of AT&T Advertising Solutions and AT&T Interactive into North America's largest local search, media and advertising company, launched today with the closing of the acquisition of a controlling interest in YP by an affiliate of Cerberus Capital Management, L.P. ("Cerberus"). As a standalone company, YP had $3.3 billion in revenues in 2011. Approximately 30 percent, or nearly $1 billion, of YP's...

2012-04-11 10:21:10

SOUTHFIELD, Mich., April 11, 2012 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical power management systems, today announced that it has signed an agreement to acquire Guilford Mills, a privately-held portfolio company of Cerberus Capital Management, L.P. that manufactures fabrics for the automotive and specialty markets. Guilford, which is headquartered in Wilmington, North Carolina, has been a supplier of fabrics to...

2011-12-22 06:17:00

ZUG, Switzerland, Dec. 22, 2011 /PRNewswire/ -- Covis Pharma Sarl ("Covis Pharma"), a Switzerland-based specialty pharmaceutical company owned by affiliates of Cerberus Capital Management, L.P., today announced an agreement with GlaxoSmithKline to acquire full commercial rights for Fortaz® (ceftazidime), Zinacef® (cefuroxime), Lanoxin® (digoxin), Parnate® (tranylcypromine sulfate), and Zantac® Injection (ranitidine hydrochloride) in the United States and Puerto...

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...

2010-09-22 16:58:00

DULLES, Va., Sept. 22 /PRNewswire-FirstCall/ -- GeoEye, Inc. (Nasdaq: GEOY), a premier provider of superior satellite and aerial-based geospatial information and services, announced today that it completed the previously announced private placement of 80,000 shares of the Company's Series A Convertible Preferred Stock to Cerberus Satellite LLC, an affiliate of Cerberus Capital Management, L.P. (together with its affiliates, funds and managed accounts, "Cerberus"). Gross proceeds to the...