Topic: Private Equity
Summary Box: CKE Restaurants buyout deal
AP News
Summary Box: Private equity firm bids $619 million for owner for Carl's Jr. and Hardee'sTHE DEAL: Thomas H. Lee Partners, a private equity firm, said Friday it will buy CKE Restaurants Inc. The regional fast food chain owns Carl's Jr. and Hardee's restaurants. THE TERMS: Under ...
Blackstone nails down some commitments to China fund
Reuters US Online Report Business News
HONG KONG/NEW YORK (Reuters) - Buyout giant Blackstone has nailed down three commitments so far to its landmark yuan-denominated fund for China, with the country's national pension fund expected to be a major investor. Blackstone Group LP announced plans in August to launch a 5-billion-yuan ($732 million) fund to ...
Hollywood and hedge funds: Bank crisis CEOs return
Reuters US Online Report Business News
LONDON (Reuters) - From moviemaking to architecture, the shamed and banished CEOs of the 2008 credit crisis have opted for some unusual career paths, either by choice or necessity. Whether turning to Hollywood, like the former president of Bear Stearns, or advising a Scottish architecture firm, like RBS' ex-boss, or more ...
Intel announces jobs, venture capital plan
Reuters US Online Report Technology News
WASHINGTON (Reuters) - Giant U.S. technology company Intel Corp <INTC.O> is working with a range of venture capital firms to organize $3.5 billion in investment in promising technology, $200 million of which will come from Intel itself, Intel President Paul Otellini said on Tuesday. Intel also ...
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