Notable Mergers and Acquisitions of the Day 4/7: DISK, AIG Apr 7, 2009 09:39AM

Image Entertainment, Inc. (NASDAQ: DISK) announced that representatives of Image Entertainment and Nyx Acquisitions, Inc., an affiliate of Q-Black, LLC, agreed in principle to a third amendment to the amended merger agreement. Under the latest amendment, Image will receive a $1 million payment into its operating account on April 7, 2009 from Nyx. The $1 million payment will not form part of the merger consideration, and will be immediately available ...


AIG (AIG) Unit Draws Bidders, But Offers Are Low Apr 7, 2009 08:26AM

According to reports from the Wall Street Journal, a half-dozen or so bidders have emerged for AIG's (NYSE: AIG) asset-management business, but the sale could become complicated by client withdrawals and declines in asset ...


Goldman Sachs (GS), Among Others, Eyeing Barclays (BCS) iShares Unit Mar 24, 2009 08:34AM

According to a Reuters report, Barclays (NYSE: BCS) is currently in talks with numerous firms, including Goldman Sachs (NYSE: GS), related to the sale of the British ...


Private Equity Council members adopt guidelines for responsible investment Feb 10, 2009 04:00AM

WASHINGTON--(BUSINESS WIRE)-- The Private Equity Council today announced that its members have adopted a set of comprehensive responsible investment guidelines that they will apply prior to investing in companies and during their period of ownership. The guidelines cover environmental, health, safety, labor, governance and social issues. The guidelines grew out of a dialogue between PEC members and a group of the world's major institutional investors, which took place under the umbrella of the United Nations-backed Principles for Responsible Investment (PRI). ...


Top 15 For 2008 (No. 14): M&A Wreckage Jan 2, 2009 02:21PM

StreetInsider.com has put together its 'Top 15 For 2008' which chronicles our view of the most significant news on Wall Street during the tumultuous year.

Number 14: M&A Wreckage

With the turmoil in the credit markets, 2008 was a horrible year for mergers and acquisitions. Not only were new deals not getting done, deals that were already announced were falling apart left and right. Dealogic said global deal volume was down 29% from a record 2007. Of the deals that did get done, some were fire-sales including Bank of America's (NYSE: BAC) buyout of Merrill Lynch (NYSE: MER) and Wells Fargo's (NYSE: WFC) buyout of Wachovia (NYSE: WB).

Some of the biggest M&A blow-ups in 2008

- The mega-takeover of BCE Inc. (NYSE: BCE) was cancelled.
- The most famous deal that didn't get done in 2008 was from laughingstock Yahoo! (Nasdaq: YHOO). Yahoo! turned down a $31 per share deal ...




Dec 4, 2008 09:43AM Notable Mergers and Acquisitions of the Day 12/04: PRU/WFC, COF, ITWO/JDAS
Dec 3, 2008 05:34PM Neuberger to Be Acquired by Management
Sep 15, 2008 01:47PM Lehman (LEH) to Sell 100% of Investment-Management Branch; Narrows Private Equity List to 3 Buyers
Aug 27, 2008 01:08PM KKR, Hellman & Friedman, Bain Capital Top Bidders for Lehman's (LEH) Asset Management Arm -FT
Jul 2, 2008 01:14PM Getty Images (GYI) Acquired by Private Equity Firm, Stock Ceases Trading After Market Close
Jun 30, 2008 05:21PM S&P Announces Changes to U.S. Indices (IDXX for GYI, BCPC for IDXX)
Feb 25, 2008 01:51PM Unusual 11 Mid-Day Movers 2/25: TTWO, GTXI, CRME, GYI Higher; IMM, SMSI, ANAD Lower
Feb 25, 2008 10:10AM Notable Mergers and Acquisitions of the Day 2/25 (ERTS/TTWO, GYI, DAL/NWA, CAL/UAUA)
Feb 25, 2008 09:29AM Pre-Open Movers 2/25: Take-Two (TTWO) Soars On Offer from EA, Getty Images (GYI) Up on Buyout
Feb 25, 2008 08:04AM Getty Images (GYI) To Be Acquired By Hellman & Friedman for $34/Share