Sunday Sep 14
Oil Refiner Bound to Goldman, Deutsche Fee Agreements - NY Judge
CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled. The banks had each sued CVR in 2012, claiming CVR had hired them to provide financial advice on Icahn's ultimately successful tender offer for its stock, and agreed to the fees based on the size of the transaction.
BGC Partners Announces Intent To Commence All Cash Tender Offer To...
BGC currently owns approximately 13.5% of GFI Group's common stock. BGC notified the GFI Group Board of Directors by letter earlier yesterday of its intention to commence a tender offer.
Paine & Partners' founding partner becomes head of Freshfields' Us M&a
Global law firm Freshfields Bruckhaus Deringer has appointed two head of department attorneys to the firm's New York office.
Freshfields Hires Two Practice Heads to Boost U.S. Presence
Summary: International law firm Freshfields Bruckhaus Deringer has hired two leading US-based-attorneys, Mitchell Presser and James Douglas to act as heads of the law firm's US M&A Practice and US Leveraged Finance Practice, respectively.
Exclusive: Amid investor pressure, PetSmart says to explore sale
PetSmart Inc said on Tuesday it will explore a potential sale of the company, bowing to mounting pressure from several shareholders led by activist investor Jana Partners LLC. Reuters reported earlier on Tuesday that the pet supply retailer, which has a market capitalization of nearly $7 billion, has decided to review strategic alternatives and ... (more)
PetSmart Release Shows Definitive Deal to Pet360, No Terms Disclosed
PetSmart, Inc. , the world's largest specialty retailer of pet supplies and the foremost authority for pet parents seeking services and solutions for the lifetime needs of their pets, today announced that based on a thorough business review that began last spring, the Board of Directors has determined that it will explore strategic alternatives for ... (more)