Hints and tips:
...Retired US partners of Grant Thornton have stepped up their fight for a bigger share of the proceeds from the sale of the accounting firm, hiring lawyers to challenge management over the terms of the deal...
...The sale of a majority stake to New Mountain represents the biggest private equity deal in the sector....
...It “provides a significantly better data point around management’s commitment to deliver cost savings over the next few years”, Erickson added....
...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...“It’s on the sponsor to defend their portfolio,” said John Kline, managing director of New Mountain Capital....
...The new management team are heading into the Norwegian hills on Wednesday to flesh out the strategy at a mountain cabin....
...Few, except for private equity with its mountains of “dry powder”, were thinking about acquisitions. But it was nothing a bit of financial stimulus couldn’t fix....
...As the world’s debt mountain grows, and credit risk with it, one of the big lessons that should have been learnt from the financial crisis has been ignored....
...Laurene Powell Jobs, the widow of late Apple co-founder Steve Jobs, has also organised her “social change organisation” Emerson Collective as an LLC....
...fund Cerberus Capital Management's acquisition of Cyanco, also in February....
...High-profile investors including Apollo, Brigade Capital and Blue Mountain are among those who having been buying tranches with a maturity of two to three years....
...Elliott Management, a New York hedge fund and the largest creditor, would consider launching a rival bid if it was unsatisfied with the offer it receives, according to people familiar with its thinking....
...Sports Authority and Vestis Retail Group, which operates Eastern Mountain Sports and Bob’s Stores, both filed for Chapter 11 bankruptcy protection this year....
...This is particularly the case for the brand of activism with which Mr Loeb and rivals such as Bill Ackman and Carl Icahn have terrorised corporate managements for years....
...The example of Oliver Wyman, the management consultancy, highlights some of these challenges....
...“Management didn’t think they had a balance-sheet problem.” Even if management did not recognise the debt issue, they could see the rout in commodities markets....
...First, the country’s debt mountain is growing fast. China’s total debt has nearly quadrupled since 2007 to 282 per cent of GDP, according to recent data from McKinsey....
...Mr Darby has hived off half the Hovis bread business to Los Angeles-based Gores Group and reduced the food group’s debt mountain, promising a bright future for the grocery business....
..., to find investment opportunities in ETFs and asset management....
...These are some mountains in Carinthia, Austria. Bucolic....
...ValueAct is likely to have pushed the company on management succession, as well as using more of its cash mountain to reward shareholders with a higher dividend or share buybacks, he added....
...On top of this everything will get a chip and be interconnected, which also needs a mountain of code to manage it....
...Blackstone, the largest private equity group by assets, is under pressure from investors in its buyout funds to invest a mountain of unspent capital, or dry powder....
...previous Chinese banking crisis: Back then, the state-owned financial institutions, under orders from the party to avoid a traditional crisis at all costs, were busy rolling over, forgiving and hiding the mountains...
...Mr Malone, Liberty’s chairman and America’s largest landowner, owns much of the land between the statue and the Rocky Mountains in the distance....
International Edition