Cerberus Capital Management related stories
All articles and analysis
Done deals, week of July 27, 2009LBOs ares disclosed deals from July 15 to July 22
- peHUB Wire: Thursday, July 23, 2009
Random Ramblings
- peHUB Wire: Thursday, July 23, 2009
Random Ramblings
- Midweek M&A Madness
Now that the weather has finally warmed up, plenty of M&A bankers are hoping the market for deals will as well. We’ve noticed a few more targets coming to market in recent weeks and have compiled a list of some of those we’ve come across. Our sources are various news reports and the Buyouts “Seeking Buyers” list. The following companies (among many others) are either formally considering “strategic alternatives,” reported to be on the block or are rumored to be in sales talks. For prior lists, see below, and send any additions my way mailto:erin.griffith@thomsonreuters.com P&G is in late stage talks with Cerberus Capital Management and Warner Chilcott to sell its prescription drug business, according to the Wall Street Journal. Yahoo is considering the sale of Yahoo Small Business and HotJobs /45262/yahoo-trying-to-sell-hotjobs-yahoo-small-business/
- peHUB Wire: Wednesday, July 22, 2009
Random Ramblings
- peHUB Wire: Wednesday, July 22, 2009
Random Ramblings
- Private Equity: The Land of Second Acts
Even if the public markets won't forgive you, it's a good bet private equity will. Take Robert Nardelli, who earned himself plenty of criticism in recent years by the egregious $210 million “golden parachute” he received upon resignation as head of Home Depot. The paycheck earned him a spot as one of the highest-paid executives with the worst-performing companies. He further solidified his public enemy creds as CEO of Chrysler—on his watch, the company’s sales fell 30% last year and 45% in the first quarter of this year, leading, as we all know, to one of the year's largest bankruptcies. Yet he still has a career, thanks to private equity. Today Cerberus Capital Management hired him as CEO /45233/bob-nardelli-returns-to-cerberus/ of its operating and advisory business.
- peHUB Wire: Monday, July 20, 2009
Breaking Down Blackstone