Latest Cerberus Capital Management Stories

2012-09-06 23:02:32

Company Experts to Help Develop Best Practices for Reference Data, Regulations and Settlements Gaithersburg, MD (PRWEB) September 05, 2012 GXS, a leading provider of B2B integration services, today announced it has joined three working groups of the International Securities Association for Institutional Trade Communication (ISITC). GXS representatives will participate in the Regulatory, Reference Data and Standards and Settlements working groups. The groups will meet at the upcoming...

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...

2010-11-01 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...

2010-10-01 10:32:00

MINNEAPOLIS, Oct. 1 /PRNewswire/ -- Ally Financial Inc. (Ally) today announced that its mortgage subsidiary, Residential Capital, LLC (ResCap), has completed the sales of its European mortgage assets and operations to affiliates of certain funds managed by affiliates of Fortress Investment Group LLC (NYSE: FIG). "The completion of these sales is another milestone toward our objective of reducing exposure in the legacy mortgage operation," said Ally Chief Executive Officer Michael A....

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.