Technology News, Tech Deals, Gadget Reviews
Reese Witherspoon’s media business, Hello Sunshine, is selling itself to a firm backed by private-equity giant Blackstone Group. The companies didn’t disclose the terms of the deal. Jennifer Aniston, Tim Cook and Reese Witherspoon shared a moment at the global premiere of “The Morning Show” at Josie Robertson Plaza and David Geffen Hall, Lincoln Center…
Posted on October 15, 2015 by Ben Taylor The average American makes $50,000 to $70,000 per year. The lowest-compensated person on this list — a breakdown of America’s 25 highest-compensated executives — made $44.3 million in 2014. To put that in context, the typical American would have to work 738 years straight to match the…
“Michael Dell kicked off the process to take Dell Inc. private. Now as other potential bidders crowd into the picture, Mr. Dell may end up losing control of his company,” Shira Ovide reports for The Wall Street Journal. “Blackstone Group LP and activist investor Carl Icahn expressed interest in the computer maker before a key…
Read More “Michael Dell could lose Dell Inc. CEO job in rival buyout bid” »
“Blackstone Group LP (BX) is weighing a bid for Dell Inc. (DELL), the computer maker seeking offers to rival the proposed $24.4 billion buyout by its founder and Silver Lake Management LLC, said people with knowledge of the matter,” Serena Saitto and David Carey report for Bloomberg News. “Blackstone may bid as part of a…
Read More “Blackstone said to mull outbidding Michael Dell, Silver Lake for Dell leveraged buyout” »
