1 min read · 16 April 2010
1 min read · 16 April 2010
Three Rivers Operating Co., an Austin, Texas-based upstream oil and gas company, has raised an undisclosed amount of private equity funding from the Riverstone/Carlyle Energy and Power Funds. Three Rivers also announced that it would purchase certain assets of Chesapeake Energy in the Permian Basin of West Texas and Southeast New Mexico.
2 min read · 16 April 2010
Lone Star Funds has received shareholder approval to acquire hotel owner and operator Lodgian Inc. (NYSE: LGN) for approximately $270 million (including assumed debt). Under terms of the agreement, Lodgian stockholders would receive $2.50 per share.
2 min read · 16 April 2010
Welsh, Carson, Anderson & Stowe has agreed to acquire a majority stake in GlobalCollect, an Amsterdam-based provider of local e-payment solutions for international customer not-present channels. The seller is General Atlantic. No financial terms were disclosed.
2 min read · 16 April 2010
1 min read · 16 April 2010
1 min read · 16 April 2010
2 min read · 16 April 2010
Phil Burkhardt has joined First Reserve Corp. as an infrastructure asset manager. He has spent the past 30 years with General Electric.
2 min read · 15 April 2010
1 min read · 15 April 2010