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Divestment

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Tuesday, December 2, 2008

Redstone dumps Midway Games

Business | By Claudia Eller and Alex Pham | December 2, 2008
Sumner Redstone and his holding companies have sold their shares in Midway Games Inc. Read more
 

Tuesday, November 18, 2008

GM will sell stake in Suzuki to raise capital

Business | November 18, 2008
Cash-strapped General Motors Corp. Read more
 

Tuesday, November 4, 2008

Redstone’s theater chain may be next

Business | By Meg James | November 4, 2008
Sumner Redstone hinted Monday that he might sell his family’s movie theaters to fix his pressing debt problems. Read more
 

Thursday, October 30, 2008

Target investor seeks real estate spinoff

Business | October 30, 2008
A major shareholder in Target Corp. Read more
 

Wednesday, October 22, 2008

Kerkorian sells Ford shares, plans to unload entire stake

Business | By Ken Bensinger | October 22, 2008
In an apparent vote of no confidence, billionaire Kirk Kerkorian has sold part of his 6.49% stake in Ford Motor Co. Read more
 

Tuesday, October 14, 2008

Redstone sale raises $233 million

Business | By Meg James | October 14, 2008
Billionaire Sumner Redstone’s National Amusements Inc. Read more
 

Saturday, October 11, 2008

Redstone hit by credit troubles

Business | By Meg James | October 11, 2008
Billionaire Sumner Redstone got caught in the credit crunch Friday. Read more
 

Saturday, October 4, 2008

AIG plans to sell assets to pay debt

Business | October 4, 2008
The insurer American International Group Inc. Read more
 

Tuesday, September 30, 2008

Lehman sheds asset management operations

Business | September 30, 2008
Lehman Bros. Read more
 

Thursday, September 18, 2008

Some AIG units in state could see eager buyers

Business | By Marc Lifsher and Peter Pae | September 18, 2008
Bargain hunters could snag some good deals by buying parts of troubled American International Group Inc.’s profitable subsidiaries in California and around the world, market analysts predicted Wednesday. Read more
 

Saturday, September 13, 2008

Lehman bailout by U.S. deemed unlikely

Business | By Walter Hamilton and Peter G. Gosselin | September 13, 2008
The stage was set Friday for America’s rattled financial system to face a possibility that Washington has so far sought to avoid: that one of the nation’s big investment houses would collapse without government aid to soften the blow. Read more
 

Thursday, August 28, 2008

Quiksilver to sell Rossignol ski unit

Business | By Andrea Chang | August 28, 2008
Orange County surf-wear giant Quiksilver Inc. Read more
 

ConocoPhillips unhooks from gas station business

Business | By Martin Zimmerman | August 28, 2008
Houston-based ConocoPhillips became the latest big oil company to get out of the filling station business, agreeing Wednesday to sell its last 600 U.S. gasoline stations to PetroSun Fuel of Seattle. Read more
 

Tuesday, August 26, 2008

MGM Studios ‘not for sale’ despite high debt

Business | By M The Associated Press | August 26, 2008
Metro-Goldwyn-Mayer Studios Inc. Read more
 

Friday, August 22, 2008

Napster investors seek board seats to push for sale

Business | By Michelle Quinn | August 22, 2008
Three investors are launching a fight to be elected to the board of Napster Inc. Read more
 

Friday, August 15, 2008

Sale of Anaheim hospital halted

Business | By Kim Christensen | August 15, 2008
The latest deal to sell Anaheim Memorial Medical Center collapsed Thursday when state officials nixed its $57-million purchase by Pacific Health Corp., which faces allegations that it defrauded Medicare and Medi-Cal. Read more
 

Wednesday, August 6, 2008

Cablevision may spin off holdings

Business | August 6, 2008
Nine months after shareholders rejected the Dolan family’s latest bid to take Cablevision Systems Corp. Read more
 

Friday, July 25, 2008

Bidding for Cubs proceeds

Sports | July 25, 2008
NEW YORK – Tribune Co. Read more
 

Thursday, July 17, 2008

Merrill to sell Bloomberg, not BlackRock

Business | July 17, 2008
Merrill Lynch & Co., the nation’s third-largest securities firm, dropped efforts to sell a stake in BlackRock Inc. Read more
 

Thursday, May 22, 2008

Time Warner to part ways with Time Warner Cable

Business | May 22, 2008
Time Warner Inc. Read more
 
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