Private equity management

June 10, 2019 - 5:19 pm
SAN FRANCISCO (AP) — Private equity firm Apollo Global Management Photo is buying online photo publishing company Shutterfly for $51 per share. Apollo will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But...
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In this April 3, 2019, photo, former Nissan Chairman Carlos Ghosn, center, returns to his residence in Tokyo. Japanese prosecutors said Monday, April 22, 2019, they have indicted Nissan’s former chairman Ghosn with additional charges of breach of trust, with his alleged misconduct expanding outside Japan. (Mizuki Ikari/Kyodo News via AP)
April 22, 2019 - 5:49 am
TOKYO (AP) — Japanese prosecutors said Monday they have indicted Nissan's former chairman Carlos Ghosn with fresh breach of trust charges that expand their allegations of financial misconduct outside Japan. After the indictment, Ghosn's lawyers filed a request for his release on bail, the Tokyo...
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FILE - This Thursday, Feb. 26, 2015 file photo shows Italian designer Roberto Cavalli speaking to reporters, prior to the start of his Just Cavalli women's fall-winter 2015-16 collection, as part of the Milan Fashion Week, Milan, Italy. The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain. (AP Photo/Luca Bruno, File)
November 28, 2018 - 12:25 pm
MILAN (AP) — The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain. CEO Gian Giacomo Ferraris said Wednesday that revenues from home furnishings sales have increased to 8 percent...
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July 23, 2018 - 8:20 am
Private equity firm Apollo Global Management will spend about $5.6 billion to buy the rural hospital chain LifePoint and combine it with health system operator RCCH HealthCare Partners. LifePoint shareholders will receive $65 in cash for each share in a deal that's worth about $2.7 billion not...
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Harvey Weinstein is escorted in handcuffs to a courtroom in New York, Monday, July 9, 2018. Weinstein, who was previously indicted on charges involving two women, was due in court for arraignment on charges alleging he committed a sex crime against a third woman. (AP Photo/Richard Drew)
July 11, 2018 - 2:36 pm
WILMINGTON, Del. (AP) — A Delaware judge on Wednesday approved a revised plan for the sale of the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein. The revised plan calls for Dallas-based private equity firm Lantern...
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July 02, 2018 - 9:49 pm
CHARLOTTE AMALIE, US Virgin Islands (AP) — The U.S. Virgin Islands announced Monday that it reached a $1.4 billion deal to reopen one of the world's largest oil refineries in a move expected to boost the U.S. territory's economy. Gov. Kenneth Mapp said private equity firm ArcLight Capital Partners...
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Sony Corp. President Kenichiro Yoshida speaks as characters from Peanuts are shown at a press conference at the company's headquarters Tuesday, May 22, 2018, in Tokyo. Electronics and entertainment company Sony Corp. is investing 1 trillion yen ($9 billion) mostly in image sensors over the next three years. Sony Corp. said last week that it is buying a stake in Peanuts Holdings, the company behind Snoopy and Charlie Brown. (AP Photo/Eugene Hoshiko)
May 22, 2018 - 6:09 am
TOKYO (AP) — Electronics and entertainment company Sony Corp. said Tuesday it plans to spend $2.3 billion acquiring an additional 60 percent stake in EMI Music Publishing, home to the Motown catalog and contemporary artists like Kanye West, Alicia Keys and Pharrell Williams. Sony already owns 30...
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May 17, 2018 - 8:38 am
TOKYO (AP) — Japanese electronics company Toshiba Corp. says the sale of its computer memory chip business to a consortium led by Bain Capital Private Equity has cleared all anti-trust regulatory approval, including a final one it was awaiting from China. Toshiba said Thursday that means the deal,...
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FILE - In this Feb. 10, 2016, file photo, Harvey Weinstein attends amfAR's New York Gala honoring him in New York. A private equity firm has emerged as the winning bidder for the Weinstein Co., the film and TV studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein. (Photo by Charles Sykes/Invision/AP, File)
May 02, 2018 - 2:08 am
NEW YORK (AP) — A private equity firm emerged Tuesday as the winning bidder for the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein. The Weinstein Co. announced in a statement that no other bidder made a better...
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March 31, 2018 - 11:52 am
ABINGTON, Pa. (AP) — A Philadelphia-area high school won't be renamed after an alumnus who made a $25 million donation after all. The Philadelphia Inquirer reports that Superintendent Amy Sichel of the Abington School District said in a letter Saturday that the district had reversed its plan to...
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