Leveraged Buyouts

A group of EDAC Technologies Corp. shareholders are claiming that company's board is underselling the company. In a handful of lawsuits — filed both in Wisconsin, where the company is incorporated, and in Connecticut, where the firm has its...

Fast food giant Burger King Worldwide Inc. said it will lose its chief executive Bernardo Hees to H.J. Heinz Co. once billionaire financier Warren Buffett wraps up his acquisition of the ketchup company with 3G Capital. Corporate poaching this...

Cable provider General Communication Inc. has laid out its case for purchasing three Alaska television stations, responding to a petition opposing the move from several Alaska broadcasters before the Federal Communications Commission. In a Thursday...

Dell Inc. saw its stock jump 1.26% in midday trading on Monday after the company reached an agreement to let shareholder activist Carl Icahn see its books.  Icahn Enterprises disclosed that it had signed a confidentiality agreement with Dell that will...

The “Catholic Seven” group of basketball schools will reportedly leave the Big East this summer, two years earlier than expected, and take the Big East conference name with them, according to multiple reports. The website ajerseyguy.com...

Warren Buffett has been very publicly casting about for a big deal – and he's found one in the Heinz ketchup company. Through his investment firm, Berkshire Hathaway, the famed investor is teaming up with a Brazilian private-equity firm to acquire...

SAN FRANCISCO -- Apple will hold an event in March to plug a new program that lets developers write apps for Apple TV, Jefferies & Co. analyst Peter Misek said. That could be a significant step for Apple TV. Steve Jobs said in late 2010 that he had...

Another large investor has lashed out against the proposed leveraged buyout of Dell Inc., saying the deal led by founder Michael Dell undervalues the computer maker. “We believe the proposed buyout does not reflect the value of Dell and we do...

After turning squeamish early in the week, investors returned to the stock market and sent the Standard & Poor's 500 index to 1,517 Friday, the highest level since November 2007. It hasn't hit the all-time high of 1,565 of October 2007, but it was an...

SAN FRANCISCO (AP) — Slumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since the Great Recession dried up the financing for such risky maneuvers. The...

NEW YORK (AP) — It's easy to forget now, but Michael Dell was the Mark Zuckerberg of his day. Hailed as a young genius, he created the inexpensive, made-to-order personal computer in his University of Texas dorm room and sold it straight to the...

Apple Inc. reported flat fiscal first-quarter earnings, sending shares plummeting 5% in after-hours trading. Apple said revenue increased 18% to $54.5 billion in the first quarter, which ended in December. Profit rose only slightly to $13.08 billion, or...