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Knott's Berry Farm parent Cedar Fair cancels buyout deal, but stock rises on speculation of other offers
Money & CompanyCedar Fair Entertainment Co., the amusement park owner whose properties include Knott’s Berry Farm in Buena Park, on Tuesday called off its buyout deal with private equity firm Apollo Global Management after major shareholders objected. But the... -
Walgreens To Buy NYC Drugstore Operator Duane Reade In $1.08B Deal
Walgreen Co. said Wednesday it has agreed to buy the drugstore operator Duane Reade in a move to expand operations in the New York City metropolitan area.
Walgreen, one of the nation's biggest drugstore operators, said it would pay about $623 million for...Tags: Manhattan (New York City), New York City, Companies and Corporations, Manhattan (Will, Illinois), New York
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Rumors of foreign buyout send Hanmi shares higher
Money & CompanyShares of Hanmi Financial Corp. have doubled in recent weeks on rumors that the Los Angeles bank, hammered by losses on commercial real estate, would be purchased by a South Korean banking firm. The company is the parent of Koreatown's...... -
Knott's Berry Farm parent Cedar Fair agrees to buyout by Apollo
Money & CompanyCedar Fair, which owns Knott’s Berry Farm in Buena Park and other amusement parks nationwide, agreed late Wednesday to a $2.4-billion buyout by private equity firm Apollo Global Management. The deal follows a poor summer for Cedar Fair as the...... -
Tribune Company Files Chapter 11 Bankruptcy
CHICAGO - The company that owns the Los Angeles Times, KTXL FOX40 and the Chicago Tribune filed for bankruptcy protection today, seeking relief from $12 billion in debt that largely stems from last year's leveraged buyout of the media firm. Tribune Co....Tags: Sports, Chicago Cubs, Baseball, Tribune Company, Companies and Corporations
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Stocks tumble as rescue of top automakers hangs in balance
NEW YORK (AP) _ Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three automakers and the economy disheartened investors. Stocks finished at their lows of the...Tags: Federal Reserve, General Motors Corp., Metal and Mineral, Companies and Corporations, Stock Broking
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French firm won't bid again
Constellation Energy Group's largest shareholder, whose higher offer to acquire the Baltimore company was rebuffed for a proposed $4.7 billion deal with Warren Buffett, said yesterday that it will not submit another bid for the firm.
The announcement...Tags: MidAmerican Energy Holdings Company , Maryland, Shareholders, Baltimore Gas and Electric Co., Companies and Corporations
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Wall St. braces for Lehman bankruptcy; BofA will buy Merrill
NEW YORK -- Transforming the face of Wall Street, two major securities firms succumbed Sunday to the country's long-running mortgage crisis as Merrill Lynch & Co. agreed to a hastily arranged, $50-billion takeover by Bank of America Corp. and Lehman Bros....Tags: Federal Reserve, Politics, Unrest, Conflicts and War, Companies and Corporations, Mortgages
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Wall Street bailout?
Thornberg and Green conclude this week's Dust-Up with a debate on the recent Bear Stearns deal. Previously, they discussed the public's reluctance to support federal assistance to borrowers, payday lender regulation and to what extent the government...Tags: Federal Reserve, Financial and Business Services, Mortgages, Citigroup Incorporated, Goldman Sachs Group, Inc.
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Take-Two expects a U-turn
Los Angeles Times Staff WriterTake-Two Interactive Software Inc., the target of an unsolicited $2-billion buyout offer, on Tuesday posted higher losses for its first quarter, but raised its full-year financial outlook because of strong demand for its upcoming "Grand Theft Auto IV"...Tags: Crimes, Theft, Companies and Corporations, Los Angeles Times, Gaming
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BofA is in talks to buy giant lender
Los Angeles Times Staff WritersIn a deal that could buttress the ailing housing market, financial titan Bank of America Corp. was deep in negotiations Thursday to buy loss-battered Countrywide Financial Corp., the biggest U.S. mortgage lender. A takeover by Bank of America would...Tags: Federal Reserve, Companies and Corporations, Mortgages, Ben Bernanke, Money and Monetary Policy
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Zell closes deal for The Times
Los Angeles Times Staff WritersFor the second time in eight years, control of the Los Angeles Times changed hands Thursday, passing from a staid Chicago conglomerate to a private company headed by an unpredictable and colorful billionaire, in a debt-heavy deal that creates tremendous...Tags: David Geffen, Management Change, Television, Randy Michaels, Hollywood (Los Angeles, California)
Apr 6, 2010
| Los Angeles Times
Feb 17, 2010
|Story| WPIX-LTV
Jan 25, 2010
| Los Angeles Times
Dec 16, 2009
| Los Angeles Times
Dec 9, 2008
|Story| KTXL-LTV
Nov 19, 2008
|Story| WXIN-LTV
Oct 16, 2008
|Story| Baltimore Sun
Sep 15, 2008
|Story| WXIN-LTV
Mar 28, 2008
|Story| Los Angeles Times
Mar 12, 2008
|Story| Los Angeles Times
Jan 11, 2008
|Story| Los Angeles Times
Dec 21, 2007
|Story| Los Angeles Times
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