April 15, 2004 |
Blackstone Group and Evercore Partners said Wednesday that they hoped to raise a combined $1.3 billion via initial public stock offerings, bringing to three the number of private equity firms that this week said they planned to tap individual investors for new capital. Blackstone Group, which manages the world's biggest corporate buyout fund, filed to raise $850 million for a fund that would invest in debt securities, according to a regulatory filing with the Securities and Exchange Commission.
April 18, 1995 |
Hoping to avert an embarrassing bankruptcy for the District of Columbia, President Clinton signed a bill to set up an oversight board with broad powers over Mayor Marion Barry and the City Council. The law also allows the district to borrow hundreds of millions of dollars from the federal Treasury to help pay its bills, and it requires a balanced city budget in three years. The board's powers include the authority to lay off thousands of city workers.
September 23, 2008 |
American International Group Inc. investors trying to derail a U.S. takeover of the insurer might demand a shareholder vote on the $85-billion deal, a person familiar with the situation said. The investors decided at a New York meeting Monday to ask AIG for data so they could raise money and keep the federal government from taking a 79.9% stake, said the person, who declined to be identified because talks were private.
August 1, 1994 |
Treasury Secretary Lloyd Bentsen, under fire from Republicans over his department's conduct in the Whitewater affair, said Sunday an internal government review found no evidence that either he or his senior aides violated ethics rules in their contacts with the White House about a criminal investigation affecting the President and Hillary Rodham Clinton.
February 17, 1999 |
The struggling parent of two of the nation's best-known tabloids, the National Enquirer and the Star, is being acquired by a New York investment firm for $300 million. American Media Inc., the Lantana, Fla.-based publishing empire that has suffered from slipping newsstand sales, is being purchased by Evercore Partners, which is also assuming $470 million in debt under the deal announced Tuesday.
April 13, 1994 |
Steady energy costs helped offset a rise in food prices as wholesale price inflation was in check in March, the government said Tuesday. The report eased inflation worries just one day before a much-anticipated report on consumer prices, and financial markets--which have been shaken recently by expectations of rising inflation and interest rates--were stable. Wholesale prices rose 0.2% last month, and for the first quarter of 1994 they were up at an annual rate of 3.
December 4, 1993 |
Government reports issued Friday point to a healthy if not buoyant economy, with signs that solid growth will probably continue into the new year. The index of leading indicators rose for the third straight month in October, climbing 0.5%, the Commerce Department said. Orders to U.S. factories were also up in October for a third consecutive month, jumping 1.2% as aircraft and auto orders surged.
April 6, 1994 |
Treasury Secretary Lloyd Bentsen, while a senator from Texas, made inquiries with federal regulators at the Resolution Trust Corp. about the agency's handling of a real estate venture owned in part by Madison Guaranty Savings & Loan, the failed Arkansas thrift linked to the Whitewater controversy, newly released documents show. The documents, released by the RTC, show that Bentsen contacted the agency in 1991 on behalf of an Austin, Tex.
May 14, 2011
SATURDAY Good Morning America (N) 7 a.m. KABC McLaughlin Group (N) 6:30 p.m. KCET The Chris Matthews Show GOP candidates for 2012; the rising costs of college: Howard Fineman; Michael Duffy; Norah O'Donnell; Katty Kay. (N) 5:30 a.m. KNBC SUNDAY Today Author Willie Geist. (N) 6 a.m. KNBC Good Morning America (N) 6 a.m. KABC State of the Union With Candy Crowley The budget; debt limit: Sen. Mitch McConnell (R-Ky.). The budget; debt limit: Rep. Paul D. Ryan (R-Wis.)
October 20, 2005 |
Thomas Weisel Partners Group Inc., the investment bank founded by the former chief executive of Montgomery Securities, said it planned to raise as much as $65 million in an initial public offering. The San Francisco-based firm founded seven years ago by Thomas W. Weisel is managing its IPO together with Goldman Sachs Group Inc. and Keefe Bruyette & Woods Inc., a Securities and Exchange Commission filing said. The company didn't say how many shares or at what price it planned to sell stock.