Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
Investors
JPMorgan Chase's private equity unit goes independent
One Equity Partners, JPMorgan Chase's private equity arm, will raise funds from an external group of partners.
Son: T-Mobile Deal Is Plan B
Softbank Corp's CEO, Masayoshi Son said that a deal with T-Mobile will be his Plan B if he fails to acquire Sprint Nextel.
Tunisia obtains loans from banks and multilateral agencies
Tunisia finalizes loan package from Islamic Development Bank and the International Monetary Fund. (Photo : Reuters)The image is the former Tunisian first lady in a file photo.
India Postpones Jet Airways Stake Sale to Etihad
The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.
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Delta Rigging & Tools bought Morgan City Rentals to form one of USA's leading offshore rigging companies.
Since February, top executives of Elan and Royalty Pharma have been vying to control over Elan. (Photo : Reuters )Irish drugmaker Elan will be giving back $1 billion to shareholders as a boost from the sale of its stake in multiple sclerosis treatment Tysabri to partner Biogen Idec.
Three firms are setting its sights on Allstate Cor's Lincoln Benefit Life. (Photo : TPG Capital)TPG Headquarters at 101 Collins Street Private equity firms J.
INPRS chose the Carlyle Group and AlpInvest as managers of a combined $305 million worth of investment fund.
Elan Pharmaceuticals has decided to sell itself after the many tendered offers it has received. (Photo : Reuters)The image is the logo of Elan Pharmaceuticals.
Capital voted to increase the number of the Board of Directors to 9, prompting an election for the new vacant position which Nestegard won.
A US$10 billion worth of initial public offerings are being threatened with the continuing decrease in Asia's Stock Market.
Interoll Group acquired Colorado company Portec Group International. (Photo : Reuters)This airport uses oonveyer technology. Incline Equity Partners confirms the sale of Canon City, Colorado-based specialty conveyors company Portec Group International to Interoll Group.
Antero filed its documents for an IPO worth $1 billion. (Photo : Reuters)The image is a gas meter commonly found in natural gas field processing plants.
