Tag: Investment management
Private equity firms buy medical equipment giant Medline
BOSTON — A consortium of private equity firms has reached a deal to acquire family-run Medline, the medical supply and equipment company announced Saturday....
Private equity firms buy medical equipment giant Medline
BOSTON — A consortium of private equity firms has reached a deal to acquire family-run Medline, the medical supply and equipment company announced Saturday....
Meme stock cash out: AMC selling 8.5M shares, raises $230.5M
The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale, cashing in on the meme stock frenzy that has...
2 months in prison for dad who paid $40K in ACT cheat scheme
BOSTON — The founder of a private equity firm who paid $40,000 to have someone secretly correct his daughter's ACT exam answers was sentenced...
Alden puts its stamp on Tribune with new debt and leadership
Hedge fund Alden Global Capital closed its deal for Tribune on Monday. It wasted little time installing new leadership and saddling the newspaper chain...
Tribune shareholders to vote on hedge fund Alden’s bid
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, will vote Friday on whether to be acquired by a hedge fund that...
Angela Missoni resigns after 24 years as creative director
MILAN — Angela Missoni is leaving the role of creative director after 24 years at the Missoni fashion house founded by her parents, Ottavio...
Cyprus president unveils ‘ambitious’ economic stimulus plan
NICOSIA, Cyprus — Cyprus' president on Monday unveiled a 4.4 billion-euro ($5.34 billion) economic stimulus plan, which he described as the “most ambitious ever”...
Former investment executive gets 3 months in college scam
BOSTON — A former private equity executive who cofounded an investment fund with U2′s Bono was sentenced Wednesday to three months in prison for...
Fed warns US financial system remains vulnerable to threats
WASHINGTON — The Federal Reserve is warning that the U.S. financial system remains vulnerable to threats stemming from the global pandemic, including the possibility...
