Petty Holdings, a portfolio company of Boston Ventures, has merged with Gillett Evernham Motorsports to form Richard Petty Motorsports. No financial terms were disclosed for the deal, which combines the Richard Petty #43 and #44 race team cars with with GEM’s team roster. The transaction does not include the Richard Petty Driving Experience, which Boston Ventures and Richard Petty will continue to own via a separate entity.
3 min read · 13 February 2009
TXCO Resources Inc. (Nasdaq: TXCO) said that it has retained Goldman Sachs to advise it on strategic options, which could include a merger or sale. The Texas-based oil and gas company currently has a market cap of approximately $64 million.
2 min read · 13 February 2009
1 min read · 13 February 2009
1 min read · 13 February 2009
1 min read · 13 February 2009
1 min read · 13 February 2009
2 min read · 13 February 2009
2 min read · 13 February 2009
2 min read · 12 February 2009
Suzanne Donohoe has joined Kohlberg Kravis Roberts & Co. as a managing director and global head of the firm’s client and partner group. She previously was head of Goldman Sachs Asset Management International.
3 min read · 12 February 2009