Sam Zell

NEW YORK--(BUSINESS WIRE)-- The Blackstone Group (NYSE: BX) today announced that Peter Cohen has agreed to join the firm effective September 8, 2009 as a Senior Managing Director in its Corporate Advisory Group and as Head of its Global Media Practice. Mr. Cohen was formerly a Managing Director in the Media Group at JP Morgan. Commenting on the appointment, John Studzinski, Global Head of Blackstone's Advisory Group, said: "The media sector today is undergoing its most profound transformation since the invention of the printing ...

CHICAGO, Aug. 21 /PRNewswire/ -- The Ricketts family has signed a definitive agreement with Tribune Company to acquire a 95 percent interest in the Chicago Cubs National League Baseball Club, Wrigley Field and Tribune's approximately 25 percent interest in Comcast SportsNet (CSN) in a transaction valued at $845 million. The Ricketts family will have management control of the joint venture as its 95 percent owner. Tribune will retain a five-percent ownership interest. "Our family is thrilled to have reached an agreement to acquire a controlling interest in the Chicago Cubs, one ...

CHICAGO--(BUSINESS WIRE)-- Equity International (EI), the privately held investment company focused on real estate-related businesses operating outside of the United States, announced today the sale of approximately 82 million shares of Parque Arauco (SNSE: PARAUCO), a leading publicly traded retail property company in Chile. The Said Somavia and Said Yarur families acquired EI's stake, making the Said family the largest shareholder in the Company. ...

StreetInsider.com Morning Movers:
Toreador Resources (Nasdaq: TRGL) 9% LOWER; Said Buyer of South Akcakoca Project Notified Them Of Material Adverse Changes

General Motors (NYSE: GM) 9% HIGHER; Receives first $4B in loans ...

In an amended 13D filing on Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Sam Zell's Equity ...