Hints and tips:
...Private lenders extracted a large concession from one of the best-known leveraged buyout firms active in the technology industry this week when they demanded it stump up $1bn to help a portfolio company’...
...DeSantis has specifically faced criticism for being too wooden on the stump, for focusing too much on his anti-woke agenda as opposed to kitchen-table economic issues, for moving too far to the right on...
...Musk’s $44bn buyout of Twitter closed on Thursday with the banks having to stump up the $12.7bn themselves — $200mn more than the $12.5bn they had agreed to lend in April....
...As global financial markets nosedived this year, banks have been forced to stump up $12.5bn themselves to help finance Musk’s acquisition, part of more than $35bn worth of debt from a string of mega-takeovers...
...The debt financing is separate from the roughly $33bn in cash Musk will need to stump up himself, some of which he has raised from outside investors....
...However, it may yet fall apart if Musk does not stump up the equity portion, or if the transaction is blocked by regulators....
...Finding friends flush with cash Musk would not have to stump up the entirety of the multibillion-dollar cheque himself....
...Though lenders are being asked to stump $15bn to finance the takeover, that cash isn’t quite enough....
...Thoma Bravo’s private equity funds will stump up $4bn for ownership of Stamps.com, a mailing and shipping business with $758m in revenue last year....
...As I turn to leave, I encounter Phyllida Barlow’s “untitled: hostage” (2022): two stumps — bearing a scarlet gash — suffocated in a threatening black hood....
...On the stump, DeSantis sometimes reads like Eve Harrington to Trump’s Margo Channing, an alluring understudy lacking the crackling presence of a star....
...It will pay a coupon of 5.75 per cent, half of what it had to stump up to raise debt last April....
...carmaker Ford, cruise line operator Carnival and aerospace and defence group Boeing were among the fundraisings that provided multimillion-dollar paydays for Wall Street banks that found investors willing to stump...
...The question usually stumps her students. What, she probes, is so special about the oldness of a document as opposed to its usefulness? Clear answers are rarely forthcoming....
...Regional allies in Abu Dhabi and Kuwait were asked to stump up and buy big chunks of shares. After all that effort, Saudi Aramco managed to sell only 1.5 per cent of the shares in the company....
...Eric Schwartz, president of Refugees International, said turning Guatemala into a refuge for asylum seekers would put thousands at risk....
...You can watch Eric Trump give a guided tour here. If you can bear it....
...US private equity group Carlyle has also agreed to stump up a $1bn minority equity investment as part of CommScope’s financing of the transaction, which will give the buyout group a 16 per cent stake....
...In a traditional leveraged buyout, a private equity fund would stump up some equity to buy a company and finance the rest with debt. But Tesla’s meagre cash flows make that a challenge....
...In November, former Google chair Eric Schmidt gave a keynote address at the Center for a New American Security’s AI and Global Security Summit, in which he detailed his own consulting work around cyber issues...
...They will only need to find $1bn from the market — CEFC China Energy has already said it will stump up $500m....
...At the same event, Russell Napier of Eric, an online research platform, reminded us that public sector debt remains at near-historic highs (in peace time!)...
...Mr Trump’s protectionist rhetoric on the stump may also translate into tougher scrutiny of foreign-led takeovers of US assets....
...But Quid notes that, while Mr Sanders often mentions Walmart in his stump speeches, this is much less reported by the press....
...In the case of Mr Trump and Mr Sanders, the key question is whether their excitement and appeal on the stump will translate into caucusgoers....
International Edition