| Dec 3, 2011
| 7:23 PM
Shortly after Mitt Romney resigned from Bain Capital in 1999 to run the Olympics in Salt Lake City, potential investors received a prospectus touting the extraordinary profits earned by the private equity firm that Romney controlled for 15 years....
| Dec 14, 2011
| 8:01 PM
John Rowe made no secret of the fact that he badly wanted a signature merger to top off his career as the chief executive of Exelon Corp. How badly can be seen in the settlement he just agreed to in Exelon's bid to purchase Baltimore's Constellation...
| Dec 28, 2011
| 3:00 AM
We’re back. Hope everyone enjoyed their holiday and is getting ready for another one at week’s end.
While I was taking a few days off, the Associated Press released its final payrolls for each Major League Baseball team’s 40-man roster....
| Jan 8, 2012
| 6:49 PM
So Newt Gingrich is borrowing from the Democrats' oppo-reserach book with his attacks on Mitt Romney's legacy as a leveraged buyout artist. Suddenly leveraged buyouts are "predatory" and "paper shuffling," Gingrich says, according to the NYT. Financed...
| Jan 18, 2012
| 3:00 AM
It's one thing to criticize Mitt Romney for being a businessman with the wrong values. It's quite another to accuse him and his former company, Bain Capital, of doing bad things. If what Bain Capital did under Mr. Romney was bad for America, the burden...
| Nov 27, 2011
On Nov. 8, a two-page letter appeared on Tribune Co.'s bankruptcy court docket, wedged between the usual stream of motions and lawyer fee applications.
It was written to the judge by an angry and bewildered Colorado investor named Mark Lies, who had...
| Oct 12, 2011
| 5:36 PM
Despite continuing challenges to Constellation Energy Group's plans to sell itself to Exelon Corp., analysts say the $7.9 billion deal is likely to overcome major regulatory obstacles, including those in Maryland, where critics are seeking concessions...
| Oct 11, 2011
| 10:13 AM
99 Cents Only Stores Inc. has agreed to be taken private in a deal valued at about $1.6 billion, the City of Commerce deep-discount retailer said Tuesday, after months of talks with several groups interested in buying the company.
The chain said it had...
| Oct 12, 2011
| 7:14 AM
Constellation Energy Group and Exelon Corp. shareholders will have their say on the companies' proposed merger at separate meetings on Nov. 17, according to regulatory documents filed Wednesday.
Along with state and federal regulatory approval, investors...
| Oct 18, 2011
| 5:13 AM
TOKYO, Oct 18 (Reuters) - Japan's Olympus came under more pressure to disclose details of payments made in a series of acquisitions as its shares plunged for a third straight day following the unexpected dismissal of its chief executive last week....
| Nov 21, 2011
Ted Forstmann, a longtime Wall Street financier and philanthropist who was a major player during the wave of corporate takeovers in the 1980s, including the battle for RJR Nabisco in 1988, died Sunday. He was 71.
The cause was brain cancer, according...