Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors — and each other.
Continue reading Spring Is in the Air for…
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? Fa…
News that Jo-Ann Stores has agreed to be acquired by an affiliate of private-equity firm Leonard Green & Partners for about $1.6 billion has sent shares of the craft retailer soaring 33% in premarket trading.
C…
Peter Nachtwey, CFO of Carlyle Group, is leaving the private equity company as it plans an IPO.
“Pete decided to pursue a great new opportunity for him, which we understand will be announced soon,” Carlyle spokesman Christopher Ullman said, according…
Shares of J. Crew jumped 16% on Tuesday after the specialty retailer confirmed it was considering a $2.8 billion buyout offer. But some question whether J. Crew’s $2.8 billion buyout was the best possible deal for investors.
…