The worlds second largest beverage conglomerate hits a stumbling block after picking up key vodka market share, but agrees to federal government pressures.
Phalen, the former chief financial officer of the doughnuts retailer will join as an investment banking managing director.
Oaktree Capital Management is providing a $35 million DIP financing facility to support the company's business operations.
The hotel reservation company will be bought from Advent International and the companys founding partners.
Anheuser-Busch, after mounting fierce defense, agrees to sale to Belgian brewer for $52 billion.
Institutional money rarely treads across the boundaries separating traditional business from sport, though that pattern is slowly shifting.
Hicks Acquisition Co. has reached an agreement to go public with Graham Packaging Holdings in a $3.2 billion transaction with The Blackstone Group.
When JBS Swift SA unveiled three separate deals for rival packing companies, legislators began politicking regulators to block the acquisitions.
InBev made a proposal to buy Anheuser-Busch, offering $65 a share, or $46.3 billion.
General Motors initiated a strategic review of its Hummer brand, the embattled SUV that has seen sales plummet as gas prices have climbed.