St George University is now on sale. St George's University in Grenada is up for sale according to anonymous sources. The school came to prominence when then US President Ronald Reagan ordered troops to evacuate American students in the island country following a military coup back in 1983.
Archives
Beitz to Blame for ThyssenKrupp's Decline
ThyssenKrupp founder's nephew blames Beitz for decline of steelmaker. According to the nephew of ThyssenKrupp's former owner, Alfried Krupp von Bohlen und Halbach, the only person to blame for the decline of the company is Honorary Chairman Berthold Beitz.
Domestic Debt over Global Bonds for Philippines
The Philippines is moving from foreign debt dependence to local debt raising through auctions. The Philippines' Bureau of Treasury would boost domestic bond sales to raise nearly all of its debt requirements in the wake of record low interest rates and an increasing value of the peso.
New Oriental Shares Jump on Ambow Bid
Ambow speculative bid for New Oriental spikes shareholder values. The share value of New Oriental Education and Technology Group Inc jumped the largest since July 2012 as a speculative bid by Ambow Education Holding Ltd was said to be on the table.
Paulson & Co Seeking Suit Dismissal
Paulson moves for suit dismissal alleging lack of obligation. Paulson and Co has sought the dismissal of the lawsuit that alleged the firm conspired with Goldman Sachs Group Inc to entrap the bond insurer to guarantee payments for an investment scheme that is designed fail.
Latest News
Liberty purchases 25% Charter Communications. The Wall Street Journal recently reported, citing anonymous sources, that Liberty Media Corp will be purchasing 25% stake in Charter Communications.
Cynosure purchases Palomar's light based technology for US$294 million. Cynosure Inc has purchased Palomar Medical Technologies for US$294 million.
The two refineries of Valero are not for sale according to CEO. In a statement, the head of Valero Energy Corp would not be selling off its two refineries located in California.
The partnership between the NFL and Providence Equity would focus on sports and entertainment assets.
Agrium gets backing from two major stockholders against Jana Partners proposals. Agrium Inc, the Canadian agricultural company received additional support in its proxy fight with Jana Partners, the hedge fund firm.
Bahri's purchase of Aramco's Vela fleet now needs to be paid through sukuk bond issue. Saudi Arabia's National Shipping Co's acquisition of Saudi Aramco's marine subsidiary placed it in debt.
Sunac Greentown venture purchases land in Shanghai's Huangpu District for US$1.45 billion. Greentown China Holdings Ltd and Sunac China Holdings Ltd forged deeper bonds when it purchased a Hong Kong holdings company that has central Shanghai land assets in its portfolio.
Ratos and Bonnier to merge cinema interests in Nordic region. Ratos, the private equity firm and Bonnier the publishing giant has agreed to the merger of their cinema chains Finnkino and SF Bio respectively.
Rate cuts instituted to entice investors to capitalize with Fidelity China. Fidelity, the fund manager, announced that management charges paid annually on Anthony Bolton's Fidelity China Special Situations Investment Trust by investors will have a price discount.
