Firm Management

Lufkin Investigation Reveals No Breach of Fiduciary Duty

After due investigation, the special committee finds no breach of fiduciary duty conducted by the board of directors of Lufkin Industries for the GE deal.


More complicated anti trust issues arise if Liberty Global wins bid for Kabel

According to the German antitrust regulatory authority, the ownership of other service providers would delay and hamper Liberty Global's purchase of Kabel Deutschland.

Virgin Money Returns to Profitability

Virgin Money recently returned to profitability after its acquisition of Northern Rock last January 2012.

Odgers Berndston names new head

Simon Havers was named as Odgers Berndston's new head. (Photo : Reuters)This is an image of executives based in London. Odgers Berndston, a United Kingdom-based private equity firm, named Simon Havers as its new executive to head its new private equity sector team.


Latest News

Lyceum Capital promoted two executives into its investment team. (Photo : Reuters)Access Group is one of Lyceum Capital's known portfolio companies.
Goldman Sachs Group Inc and BNP Paribas SA recommended investors to look for profit as Sony Corp increased in bond risk after the latter announced consideration of Loeb's spin off proposal.
First Manhattan Company stated undergoing advanced discussions to replace the current CEO of Vivus Inc. once it prevails to gain control in the company's board.
Greylock announced on its blog that Jerry Chen is joining the company as partner. (Photo : Reuters)This is a design for Greylock Partners. Through its online publication, Greylock Partners announced today that Jerry Chen is joining the company's roster of partners.
Karen Eliadis is named as Lux Capital's new CFO. (Photo : Reuters)This is the logo of Lux Capital. Lux Capital announced that Karen Eliadis is its new Chief Financial Offier.
Cerberus planned to increase its stake in Seibu Holdings Inc. by recommending people to the company's board however shareholders rejected said plan.
Millennium had done four exits of companies it had invested in just for the first half of 2013. (Photo : Reuters)The image is the acquisition by Yahoo of Tumblr.
Clarabridge announced Karl Knoll as its new general counsel. (Photo : Reuters)This is Clarabridge's logo. Clarabridge, a customer service and experience management solutions provider, recently announced Karl Koll as its general counsel.
Rio Tinto decided not to sell its diamonds arm with the company's CEO stating that the firm is well positioned to capitalize its unit on the positive market outlook.
Barclays is under investigation by German tax authorities for possible tax evasion according to German newspaper.