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M&A Mania: Early 2011 Deals Have Already Hit a 10-Year High

by Charles Wallace on Jan.12, 2011, under Towing

More U.S. companies are merging, with the first 10 days of 2010 seeing more M&A activity since the beginning of any year since 2000.

Companies such as Duke Energy and DuPont are off and running with megamergers early this year. Even Playboy is among the dealers. And market pros say the trend is far from over. Why are so many U.S. companies tying the knot? Fast growth is hard to come by in any other strategy.

Continue reading M&A Mania: Early 2011 Deals Have Already Hit a 10-Year High

M&A Mania: Early 2011 Deals Have Already Hit a 10-Year High originally appeared on DailyFinance on Wed, 12 Jan 2011 13:00:00.

Filed Under: Energy, Company News, Economy, Investing, DuPont, Market News

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Playboy Going Private in Hefner-Backed Buyout

by Melly Alazraki on Jan.10, 2011, under Towing

For more than a year, adult entertainment company Playboy Enterprises has been looking for someone to save it, but in the end, its savior came from within. Last July, founder Hugh Hefner offered to take Playboy private, and Monday, the company finally announced that it has agreed to his offer.

Continue reading Playboy Going Private in Hefner-Backed Buyout

Playboy Going Private in Hefner-Backed Buyout originally appeared on DailyFinance on Mon, 10 Jan 2011 09:25:00.

Filed Under: Company News, People, Media, Stocks in the News

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Forbes Media Picks Its First CEO Not Named Forbes: Mike Perlis

by Dawn Kawamoto on Nov.16, 2010, under Towing

Forbes Media is reaching outside the family ranks for the first time to name a new CEO, the company announced Tuesday. Veteran venture capitalist and media executive Mike Perlis will assume his new post Dec. 1, replacing longtime CEO and former presidential candidate Steve Forbes.

Continue reading Forbes Media Picks Its First CEO Not Named Forbes: Mike Perlis

Forbes Media Picks Its First CEO Not Named Forbes: Mike Perlis originally appeared on DailyFinance on Tue, 16 Nov 2010 14:47:00.

Filed Under: Company News, People, Media