Downsizing in the publishing space has occasionally created an opening for opportunistic real estate buyers, as demonstrated by the asset sales materializing out of Tribune.
Citi analysts conclude sale of BlackRock stake could help Merrill's balance sheet.
The Mexican satellite operator has announced that it will use Perella Weinberg Partners as the financial advisor.
WCI president and chief executive Jerry Starkey said the company experienced a dramatic drop in new orders in the Northeast and Mid-Atlantic states.
Swiss bank may wish to separate wealth management and investment banking business lines.
General Motors initiated a strategic review of its Hummer brand, the embattled SUV that has seen sales plummet as gas prices have climbed.
Nasdaq-listed Learning Tree International retained RBC Capital Markets to pursue a possible sale of the company.
NexCen Brands, alongside news that it would delay its first-quarter earnings statement, said it exploring 'all strategic alternatives,' including the possible sale of one or more of its businesses. The company also disclosed that it is in discussions its lender and intends on taking immediate steps to trim its operating budget.
After some initial wariness and pressure from a shareholder, Circuit City Stores has allowed Blockbuster, along with famed investor Carl Icahn, to conduct due diligence for a possible takeover, and seperately hired Goldman Sachs to explore other strategic alternatives.
Fresh off of its $1.75 billion acquisition of CNET, CBS Corp. could be closing in on the acquisition of Landmark Communications' The Weather Channel. It will have to fend off NBC Universal, according to a source familiar with the auction, who notes that the bidding has largely been whittled down to the two TV giants.