Net News search results for: banker
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August 30, 2011
Spanish Broadcasting System Shareholder Wants Spinoff Of Mega TV And Films
A Schedule 13D filed with the SEC by ATTIVA CAPITAL regarding its stake in SPANISH BROADCASTING SYSTEM says that the investor is discussing its idea that SBS should spin off its MEGA TV and MEGA FILNS divisions, selling them to a "bigger media … more »
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August 5, 2011
Augme Technologies To Buy Hipcricket
AUGME TECHNOLOGIES has signed a definitive agreement to purchase substantially all the assets and the business of HIPCRICKET, INC., a leading mobile marketing and advertising firm headquartered near SEATTLE. The acquisition, which is subject to … more »
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July 26, 2011
Analysts Are Mixed On Pandora's Stock
With the passing YESTERDAY (7/25) of the period where analysts from MORGAN STANLEY, J.P. MORGAN and CITIGROUP could comment on the PANDORA stock they helped take public, comes mixed word on what investors should do. THE WALL STREET JOURNAL reports, … more »
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January 24, 2011
Report: Thomas H. Lee Looking To Sell Its Warner Stock
On FRIDAY (NET NEWS 1/14), ALL ACCESS reported WARNER MUSIC GROUP hired investment bank GOLDMAN SACHS to seek out potential buyers for the company, a process that will play out while WARNER continues to explore buying . The decision to hire GOLDMAN SACHS … more »
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January 21, 2011
Warner Music Group Puts Itself On The Block
THE NEW YORK TIMES reports WARNER MUSIC GROUP "has hired the investment bank GOLDMAN SACHS to seek out potential buyers for the company, a process that will play out while WARNER continues to explore buying the beleaguered British music giant EMI. … more »
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January 6, 2011
Goodbye Radio, Hello Banking Says WJR GM Mike Fezzey
CITADEL Talk WJR-A/DETROIT Pres./GM MIKE FEZZEY has decided -- at age 53 -- to dump radio and become a banker as the new President of HUNTINGTON BANCSHARES' SOUTHEASTERN MICHIGAN region. THE DETROIT NEWS reports the "DETROIT native and veteran radio … more »
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November 4, 2010
Citigroup Beats Fraud Rap In EMI Case
CITIGROUP was exonerated on fraud charges in a NEW YORK DISTRICT COURT earlier TODAY. The WALL STREET JOURNAL reports that a jury of five men and three women found the company didn't commit fraud against TERRA FIRMA CAPITAL PARTNERS over the EMI … more »
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November 4, 2010
Terra Firma Vs. Citigroup Trial Over EMI Goes To The Jury
The jury in MANHATTAN has begun deliberating whether CITIGROUP tricked TERRA FIRMA into buying EMI in 2007 at an inflated price. CITIGROUP lawyer TED WELLS told the jury in the EMI trial between TERRA FIRMA CEO GUY HANDS and CITIGROUP YESTERDAY … more »
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November 3, 2010
Juror With Ties To Michael Moore Excused From EMI Trial Jury
The latest surprise in the court trial over EMI between TERRA FIRMA CAPITAL PARTNERS and CITIGROUP didn't involve either GUY HANDS nor CITIGROUP banker DAVID WORMSLEY. Instead, in a wild twist, a juror with ties to filmmaker MICHAEL MOORE was tossed from … more »
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October 29, 2010
Judge's Ruling Could Cost EMI Owner If Lawsuit Is Won
In a setback, GUY HANDS would reportedly get no more than 25% of the $8 billion in damages he initially sought in his case against CITIGROUP over the 2007 acquisition of EMI, a judge has ruled. THE FINANCIAL TIMES reports "in an evening conference … more »