Corporations
Time Warner Nearing Sale of Its Headquarters
Time Warner discussed plans to sell its current headquarters in Manhattan to real estate developer, Related Cos for more than US$1.3 billion.
Tribune Buys 19 TV Station from Local TV Holdings
Monday last, Tribune Co announced acquisition of 19 TV stations from Local TV Holdings LLC for US$2.73 billion in cash.
CORRECTION: Vistria Group Launched with US$500 Million Fund
The Vistria Group was launched with a fundraising target of US$500 million. (Photo : Reuters)The image is President Barack Obama shooting a few hoops. (Correction: Removes the reference to Secretary Penny Pritzker, which was erroneously referred to as one of the founders of the Vistria Group.
Private Equity Insurance Deals Stalled by Probe
Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.