Quantcast

Latest Ripplewood Holdings Stories

2008-09-12 18:00:26

Interstate Bakeries Corporation (IBC) (OTC:IBCIQ) announced today that it has received plan funding commitments from an affiliate of Ripplewood Holdings L.L.C. and from Silver Point Finance, LLC, Monarch Alternative Capital L.P. and McDonnell Investment Management LLC, lenders holding approximately 53% of IBC's pre-petition secured debt, that form a basis for IBC to emerge from Chapter 11 as a stand-alone company. National representatives of IBC's two major labor unions, which, together,...

2005-07-18 13:33:15

By Karen Jacobs ATLANTA (Reuters) - Appliance maker Maytag Corp. on Monday said it would weigh a higher, unsolicited takeover offer from its larger rival Whirlpool Corp. , even though it had agreed to be acquired by a group led by Ripplewood Holdings LLC. Maytag's shares soared more than 13 percent, or $2.08, to $17.53 in afternoon New York Stock Exchange trading, while Whirlpool gained nearly 5 percent. Whirlpool on Sunday offered to buy Maytag, the maker of Hoover vacuum cleaners and...

2005-07-18 07:38:20

PHILADELPHIA (Reuters) - Household appliance-maker Maytag Corp. , which had agreed to be acquired by a buyout group led by Ripplewood Holdings LLC, said it would weigh an unsolicited takeover offer from Whirlpool Corp. . Whirlpool on Sunday offered to buy Maytag, the maker of Hoover vacuum cleaners and Amana appliances, for $1.3 billion, topping the $1.125 billion pact with private equity firm Ripplewood. Whirlpool marks the third suitor for Maytag, which also has held talks in recent...

2005-07-18 04:10:56

By Karen Jacobs ATLANTA (Reuters) - U.S. appliance maker Whirlpool Corp. on Sunday proposed to buy smaller rival Maytag Corp. for more than $1.3 billion, topping an existing buyout offer for the maker of Hoover vacuums and possibly sparking a bidding war. The Whirlpool offer of $17 a share beats a $14-a-share bid by an investor group led by New York private equity firm Ripplewood Holdings and represents a 10 percent premium over Maytag's closing stock price of $15.45 on Friday. The...

2005-07-17 22:35:24

By Karen Jacobs ATLANTA (Reuters) - U.S. appliance maker Whirlpool Corp. on Sunday proposed to buy smaller rival Maytag Corp. for more than $1.3 billion, topping an existing buyout offer for the maker of Hoover vacuums and possibly sparking a bidding war. The Whirlpool offer of $17 a share beats a $14 a share bid by an investor group led by New York private equity firm Ripplewood Holdings. The offer represents a 10 percent premium over Maytag's closing stock price of $15.45 on Friday....


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
Related