Net News search results for: carlyle group lp
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June 11, 2009
MusicFIRST Filing: No Names, Legally Challenged
MUSICFIRST's petition to the FCC, asking that it investigate radio for allegedly boycotting records by artists who support a performance royalty, will likely fall on deaf ears, according to an attorney who specializes in FCC issues. What's more, a … more »
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December 28, 2006
Private Equity Council Formed, Doug Lowenstein Is Pres./CEO
You'll recall that the recent CLEAR CHANNEL $26.7 billion deal was put together by private equity firms THOMAS H. LEE PARTNERS and BAIN CAPITAL, (NET NEWS 11/16), and now this growing sector of private equity firms has a unified face on CAPITOL HILL with … more »
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December 18, 2006
VNU Announces Layoff Plan, Sells European Trade Mags
VNU GROUP, owner of BILLBOARD, RADIO AND RECORDS, NIELSEN, ADWEEK-MEDIAWEEK-BRANDWEEK, and the HOLLYWOOD REPORTER, among other companies, announced MONDAY that it plans to cut 4,000 jobs from its payroll, about a 10% reduction, and is selling its … more »
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November 13, 2006
Clear Channel Bids Expected Today
THE NEW YORK TIMES reports that two consortiums of private equity firms are expected to submit final bids today for CLEAR CHANNEL COMMUNICATIONS. Bidders were making last-minute adjustments to their offers last night, according to reports, after the … more »
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November 10, 2006
Bids For Clear Channel Due Soon
REUTERS is reporting that bids are due in the coming days for CLEAR CHANNEL COMMUNICATIONS, which said last month in response to reports that it was considering offers to be taken private that it had hired investment bank GOLDMAN SACHS & CO. to … more »
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October 27, 2006
Tribune Takeover Offers Expected Today
Initial offers for a takeover of TRIBUNE CO. are expected to be submitted by investment firms today (10/27). The nonbinding proposals are not expected to result in formal bids, with analysts considering separate sales of certain assets and a subsequent … more »
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October 25, 2006
Tribune Retirement Plan Changes Arouse NY Post Suspicion Of Pending Sale
Does TRIBUNE management know something they're not saying publicly yet? That's the NEW YORK POST's inference from TRIBUNE's changes to its retirement and bonus plans to grant some executives payouts if the company changes owners, a procedure the POST … more »
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June 23, 2006
Televisa Gets Bid In On Univision
GRUPO TELEVISA's bid for UNIVISION was finally submitted early TODAY (6/23), and it's reportedly higher than the bid submitted before the WEDNESDAY deadline by a rival group headed by HAIM SABAN. SABAN's group bid about $35. per share for the … more »
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June 21, 2006
Televisa Misses Univision Bid Deadline
In a last-minute surprise, the most prominent bidder for UNIVISION failed to make a bid before the company's deadline for submissions. The NEW YORK TIMES reports that GRUPO TELEVISA missed the deadline after THE CARLYLE GROUP, one of several equity … more »
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June 16, 2006
Cisneros/Venevision Joins Televisa Bid For Univision
The CISNEROS GROUP's VENEVISION INVESTMENTS LLC has joined GRUPO TELEVISA's potential bid for UNIVISION. CISNEROS is a major media company in VENEZUELA and will join five private equity firms- BAIN CAPITAL PARTNERS, BLACKSTONE MANAGEMENT ASSOCIATES, … more »