“American Idol” is not heading into the hands of private equity after all. The owner of the hit entertainment TV show, CKX, said Wednesday that it had broken off talks to sell itself after not finding a satisfactory deal. The announcement comes seven months after CKX confirmed reports that it was entertaining buyout offers. Since [...]
Six weeks ago the tableau was a beautiful one. Secretary of State Hillary Rodham Clinton, flanked by the president of the Palestinian Authority, Mahmoud Abbas, and Prime Minister Benjamin Netanyahu of Israel, joined by King Abdullah II of Jordan and President Hosni Mubarak of Egypt for days of feasting, toasting, and promises from 1600 Pennsylvania [...]
9:28 a.m. | Updated Merger talks between Kenneth Cole Productions and the Iconix Brand Group, the licensing company run by Mr. Cole’s brother Neil, have stalled and are unlikely to resume soon, people involved in the talks have told DealBook. It is not clear what caused the snag. One of the hurdles to reaching a [...]
9:28 a.m. | Updated Merger talks between Kenneth Cole Productions and the Iconix Brand Group, the licensing company run by Mr. Cole’s brother Neil, have stalled and are unlikely to resume soon, people involved in the talks have told DealBook. It is not clear what caused the snag. One of the hurdles to reaching a [...]
Shares in CommScope, the telecommunications equipment maker, jumped about 30 percent on Monday after the company confirmed a DealBook report that it was in talks to sell itself to the Carlyle Group. CommScope’s shares hovered at about $30 as of midmorning, quickly approaching the $31.50 a share in cash that Carlyle has proposed. A deal [...]
Blacks Leisure, the British outdoor goods retailer, said on Tuesday that it was in takeover talks — reportedly with two or more private equity firms — and its shares climbed more than 25 percent. “The board confirms that it is in preliminary discussions with several parties regarding either a possible offer for the company or [...]
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