private equity

Wall Street bankers will get bonus bonanza for second straight year

Johnson Associate predicted chunkier pay-outs last year after the US economy began to roar back into life after three years of COVID-inspired, debt-laden economic malaise

Denny's shares jump 50% after it agrees to go private in $322M deal

Denny’s board of directors has unanimously approved the deal, which is expected to close in the first quarter of 2026.

Trump clears way for alternate assets like private equity, crypto in 401(k)s

The directive smoothes the way for private equity and other fund managers to tap into trillions of dollars of Americans' retirement savings.

Trump to allow 401(k)s to invest in private equity: report

President Donald Trump is expected to sign the directive soon, though the details are still under discussion.

Goldman Sachs to demand new requirement from junior bankers in pledge of loyalty: report

Goldman Sachs is getting ready to impose a new requirement that junior bankers regularly pledge their loyalty to the Wall Street giant -- a clampdown designed to reduce defections to...

JPMorgan threatens to fire job-hopping junior bankers as battle for Wall Street talent heats up

A leaked letter sent to its newly recruited analysts warns them that if they already have a lucrative gig lined up elsewhere, they will be booted out of the bank.

Private equity bigwig shocks courtroom with Alzheimer's diagnosis during bombshell NYC divorce trial: 'I’m a lowly business man'

John Foster, 83, managing partner of the $800 million private equity firm HealthPointCapital, made the stunning, unprompted admission in divorce court.

Skechers shares jump 25% after striking $9.4B deal to go private

Investment firm 3G Capital, controlled by Brazilian billionaire financier Jorge Paulo Lemann, agreed to buy the company.

US senators probe Wall Street over soaring prices for fire trucks and equipment, delivery wait times

Senators Elizabeth Warren (D-Mass.) and Jim Banks (R-Ind.) have launched an investigation into rising prices and extended wait times for fire engines.

Concert promoter Boiler Room bans Israel shows after being acquired by KKR-owned firm: 'It's insane'

"It feels less like a principled stand, and more like a symbolic move to show they’re 'clean' in the eyes of their audience," the 44-year-old producer told The Post. "It...

Dollar Tree to sell Family Dollar to private equity firms for $1B

The acquisition by a consortium that includes Brigade Capital Management and Macellum Capital Management confirms Wall Street Journal report.

How Bill Chisholm shocked even partners at his own firm with Boston Celtics bid -- as speculation swirls over whether he can pay

Chisholm would need to plunk down at least $450 million in cash now, and the rest later – no small chunk of change for anyone who’s not a billionaire several...

Wall Street banker arrested in Midtown rape case loses job offer from top firm

Harris signed the deal to join the firm on March 4 -- just two days before his arrest over the accusations, Global Atlantic insiders said.

Walgreens on verge of being sold to private-equity firm for $10B: report

Negotiations are in advanced stages, with both sides aiming to seal the agreement as soon as Thursday, according to the Wall Street Journal.

Hospital network with 182 clinics nationwide files for bankruptcy

Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy filing.

Kathy Hochul proposes new rules to curb NY home purchases by hedge funds and buyout firms

New York Gov. Kathy Hochul wants to make it more difficult for private equity firms and hedge funds to buy up residential real estate properties in the Empire State.

Bills, Dolphins make history by selling minority stakes to private equity firms

Buffalo sold a stake to Arctos Partners, while Ares Management is acquiring a piece of the Dolphins.

Walgreens shares soar 20% on reported talks to sell itself to Sycamore Partners

Sycamore would likely sell off pieces of the business or work with partners, according to the report.

Simon & Schuster staffers slam 'Scrooge'-like owner KKR for canceling Christmas party: 'They are being cheap'

The century-old American publishing house was snapped up by New York private equity firm KKR, once dubbed 'the Barbarians at the Gate'

How CNN might find its way to the auction block

Analysts believe CNN makes what looks like a decent amount of money, around $750 million this year. Sounds good until you realize that's down from over $1 billion in 2020.

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