Leveraged Buyouts

Thornberg and Green conclude this week's Dust-Up with a debate on the recent Bear Stearns deal. Previously, they discussed the public's reluctance to support federal assistance to borrowers, payday lender regulation and to what extent the government...

Take-Two Interactive Software Inc., the target of an unsolicited $2-billion buyout offer, on Tuesday posted higher losses for its first quarter, but raised its full-year financial outlook because of strong demand for its upcoming "Grand Theft Auto IV"...

THE DOW JONES industrial average closed above 14,000 for the first time Thursday, a historic, if puzzling, milestone. Most finance experts agree that stock markets thrive during periods of steady economic growth and political stability. But today's...

This story contains corrected material, published April 7, 2007. The deal to take Tribune Co. private would end the Robert R. McCormick Tribune Foundation's long standing as a major shareholder of the company, but other ties between the Chicago-based...

First, the 2016 Olympics; now, Tribune Co. It has come down to Chicago versus Los Angeles in a battle of billionaires. Los Angeles billionaires Eli Broad and Ron Burkle late Thursday submitted a revised version of their dismissed bid for the media...

Tribune Co. Chairman and Chief Executive Dennis J. FitzSimons is expected to announce his resignation as early as today, a person close to the company said Tuesday. The resignation would be the first departure of a top Tribune executive as the company...

For the second time in eight years, control of the Los Angeles Times changed hands Thursday, passing from a staid Chicago conglomerate to a private company headed by an unpredictable and colorful billionaire, in a debt-heavy deal that creates tremendous...

In the final hours of Tribune Co.'s six-month strategic review, one thing was clear: Tribune is going to end up with a new employee stock ownership plan. The question of whose plan would prevail was also coming into sharper focus. On Saturday, Tribune's...

CHICAGO - The company that owns the Los Angeles Times, KTXL FOX40 and the Chicago Tribune filed for bankruptcy protection today, seeking relief from $12 billion in debt that largely stems from last year's leveraged buyout of the media firm. Tribune Co....

NEW YORK (AP) _ Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three automakers and the economy disheartened investors. Stocks finished at their lows of the...

NEW YORK -- Transforming the face of Wall Street, two major securities firms succumbed Sunday to the country's long-running mortgage crisis as Merrill Lynch & Co. agreed to a hastily arranged, $50-billion takeover by Bank of America Corp. and Lehman Bros....

A summer sell-off in the volatile semiconductor group has raised an interesting question for investors: If the chips are down this much, is it time to buy? Although semiconductor stocks have underperformed the broader market since May, in recent weeks...