I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
In Second Opinion, Twitter now lets you mute people, AT&T's takeover of DirecTV could come within two week, BuzzFeed's COO and president steps down and Antarctica is melting past the point of no return.
1 min read · 12 May 2014
Authentic Brands Group is buying the rest of Marilyn Monroe’s estate that it didn’t own, said Chairman and CEO James Salter. ABG is also issuing a dividend to its owns, including Leonard Green & Partners.
2 min read · 09 May 2014
In Second Opinion, Sheryl Sandberg pledges to give away half of her fortune, why Apple is supposedly buying Beats Electronics, the new interim CEO of the L.A. Clippers and execs sells Twitter shares. Happy Mother's Day everyone!
1 min read · 09 May 2014
Akorn said Friday it is buying VersaPharm for $440 million in cash. The seller is Tailwind Capital which acquired VersaPharm in 2007. Marietta, Georgia-based VersaPharm develops generic products designed to treat tuberculosis and other infectious diseases. Akorn said it plans to fund the deal through about $445 million in term loan borrowings. JPMorgan Chase Bank is providing financing. J.P. Morgan Securities provided financial advice to Akorn, while BMO Capital Markets advised VersaPharm/Tailwind.
5 min read · 09 May 2014
In Second Opinion, Barclays is cutting 7,000 IB jobs, female CEOs are more likely to be sacked than men, Dish Network's Chairman says the company can't afford a bid for DirecTV and will all the media attention actually help bring back the 200 girls kidnapped in Nigeria.
1 min read · 08 May 2014
In Second Opinion, Don Sterling could make a 63-fold return on the L.A. Clippers, a new app lets desperate users buy a parking spot from someone for up to $20 and AOL's stock tumbles after first quarter results disappoint.
1 min read · 07 May 2014
Radian Group said Tuesday it agreed to buy Clayton Holdings for $305 million in cash, which includes repayment of Clayton's debt. The seller is Greenfield Partners, which acquired Clayton in 2008 for about $134 million. Shelton, Conn.-based Clayton provides outsourced mortgage services, like loan review and diligence, to financial institutions, investors and government entities. Raymond James' Technology Services group advised Clayton/Greenfield on the transaction. Goldman Sachs advised Radian.
8 min read · 06 May 2014
In Second Opinion, Alibaba finally files for an IPO, Target's interim CEO doesn't want the job permanently and the success of "Frozen" helps Disney fly past quarterly earnings expectations.
1 min read · 06 May 2014
PayLease, which is backed by Mainsail Partners, is up for sale, while FolioDynamix, which is backed by Edison Ventures and ABS Capital Partners, is also on the block, sources told peHUB.
2 min read · 06 May 2014
Today in Second Opinion, Automattic raises $160 million from investors, Target ousts CEO Gregg Steinhafel and Oculus denies that CTO John Carmack stole intellectual property. Happy Cinco de Mayo!
1 min read · 05 May 2014
