September 30, 1995 |
Corporate marriages, propelled by high stock prices, ready financing and rising economies, are poised to shatter the record for mergers set last year. Global mergers and acquisitions totaled $564 billion in the first nine months of the year, a 43% increase from a year earlier and just shy of the $575 billion in 1994, the full-year record, according to preliminary information from Securities Data Co., a Newark, N.J., company that tracks mergers.
December 19, 1986 |
A Chicago manufacturer alleged Thursday that Wall Street speculator Ivan F. Boesky made $20 million more in illegal profits in its stock than the government has charged. FMC Corp. sued Boesky, several of his associates and its own investment banking firm for $260 million in the affair. It is the first lawsuit filed by a corporation claiming that it was victimized by Boesky's trades. The suit was filed in U.S. District Court in Chicago. The Securities and Exchange Commission on Nov.
October 6, 2007 |
Most investors probably are hoping that the market turmoil of the last few months is blowing over. But if it's just a prelude to a much more serious financial shakeout, Howard Marks and Bruce Karsh are ready to pick up the pieces. Marks, Karsh and their team at Los Angeles-based Oaktree Capital Management have built a $47-billion investment portfolio in large part by stepping into situations other investors are fleeing.