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Two Ratings Agencies Cut GlobalTranz Debt Further Into 'Junk' Territory
Tuesday, June 16, 2020 - 11:39am | 1475Read More...A just-issued report on the economic health of 3PL GlobalTranz echoes a similar summary issued a few months earlier: The acquisitive company has a troubling debt load. But from the perspective of GlobalTranz, part of the reason for a recent downgrade and that debt burden was that it did something...
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Here's Why Callaway Golf Spiked 5%
Tuesday, February 23, 2016 - 2:07pm | 167Read More...Shares of Callaway Golf Co (NYSE: ELY) traded higher by more than 5 percent on Tuesday. The company disclosed that Topgolf Entertainment Group - a company in which it owns an 18.5 percent stake - has received a significant minority preferred stock investment from Providence Equity Partners....
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Ancestry.com Rumored on the Verge of a Buyout
Wednesday, July 25, 2012 - 12:53pm | 345Read More...Ancestry.com (NASDAQ: ACOM), the online family history resource, is said to be in buyout discussions with private equity firm Providence Equity Partners. Benzinga reported Tuesday that an Ancestry.com spokesperson had no comment on the New York Times report regarding possible private equity talks...
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Comcast-NBC Merger: The Good, The Bad, The Ugly (CMCSA)
Thursday, December 30, 2010 - 2:30pm | 703Read More...In just a few short weeks, Comcast (NASDAQ: CMCSA) and NBC could be united as one. Whether you like or loathe this idea, there's little doubt that the merger will result in massive changes for both companies. Let's take a look at what some of those changes might be, from the good and the bad to the...
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How to Play Hasbro’s Potential Buy-Out (HAS)
Thursday, June 24, 2010 - 9:17am | 239Read More...Shares of Hasbro Inc. (NYSE: HAS) are higher in the pre-market by 4.00%, currently trading at $42.75. The stock was trading as high as $46.00 earlier in the session on news that the company is being shopped by private-equity firm Providence Equity Partners. The Wall Street Journal has confirmed...
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MGM Seeks "Prepackaged" Bankruptcy
Friday, January 22, 2010 - 10:00am | 163Read More...Although Metro-Goldwyn-Mayer has received takeover bids from several investors, the company may have to arrange a "prepackaged" bankruptcy in order to appease its creditors. MGM is currently owned by a group of investors including Sony (NYSE: SNE), Comcast and Providence Equity Partners. The film...
