Hints and tips:
...In particular, it has pioneered the practice of creative debt investing using life insurance premiums as a base....
...“It is costlier than ever to be a jerk,” says Steven Kaplan, an expert on private equity who teaches at the University of Chicago....
...If it were to price its offering at a premium to the private funding round, Citadel Securities could approach the $30bn valuations both Goldman and Blackstone fetched during their own IPOs....
...Chicago-based Thoma Bravo, which specialises in technology deals, has been snapping up bigger software companies in recent months....
...It already owned a third of Tribune Publishing, whose titles include the Chicago Tribune and the New York Daily News....
...The Chicago-based group will pay $88.75 a share for RealPage’s stock, a 30.8 per cent premium to its closing price of $67.83 on Friday, the software provider said in a statement on Monday....
...Its American roots are still widespread and you can find New York-style or even Chicago deep-dish pizza in Tokyo....
...FT premium subscribers can click here to receive Due Diligence every day by email....
...Chicago-based Thoma Bravo is a savvy investor. It was the world’s best-performing buyout fund between 2005 and 2014, one study found....
...The price represents a 15.7 premium to McDermott’s closing level on Friday....
...Apple is expected to launch lower-cost iPads and a new software platform aimed at the education market at a Chicago high school on Tuesday....
...single store in Austin, Texas, in the 1980s, Whole Foods helped create the market for organic and natural produce in the US, expanding through more than a dozen acquisitions to become the nation’s biggest premium...
...The $65.50-a-share offer is at a 19.1 per cent premium to Cabela’s closing price on Friday, and a 39.7 per cent premium to the stock’s value before the company said in December — under pressure from activist...
...Trilogy Capital Management, holding $9.4m of unsecured notes, on Monday appealed against a Chicago bankruptcy court’s ruling on October 5 that blocked Trilogy from seeking damages resulting from a terminated...
...He instead has pushed another strategy to improve the fortunes of its ailing portfolio of newspapers, which includes the Los Angeles Times and Chicago Tribune: by changing its name to tronc....
...In February, it sold a 16 per cent stake to Chicago businessman Michael Ferro at $8.50 a share and the stock has since traded below $8....
...Five years earlier, Mr Sprecher launched an audacious bid for the Chicago Board of Trade — which was in talks with the Chicago Mercantile Exchange — by slipping an envelope with his offer under the hotel...
...Chicago-based Vistria, which launched in 2013, is headed by friends and former staffers of Mr Obama....
...for premium beers in the region is expanding....
...In The Simpsons, Duff Beer’s premium brand went by the name of “Duff Adequate”. Big Beer needs to do a great deal better than that. jonathanford@ft.com...
...AbbVie offered $261.25 a share, a bid that valued Pharmacyclics at $21bn — a 60 per cent premium to the level the company was trading at in early February....
...In distance terms, Mr Zhao’s journey from Tianjin to the capital of Ningxia province was the equivalent of driving from New York to Chicago....
...San Francisco-based Vista and Chicago rival Thoma Bravo have been among the most acquisitive of the technology-focused financial sponsors....
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