private equity
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.
NYC money big trolls estranged wife by text in nasty divorce -- including over Trump win
John H. Foster, an elderly private-equity honcho, has been trolling his estranged wife Stephanie Foster so much by text — including over Donald Trump’s election win — that it helped...
Hudson Yards skyscraper Spiral lands private equity giant in major relocation deal
TPG will move from 888 Seventh Ave. and 245 Park Ave.
Estranged wife of ‘destitute’ private-equity bigshot gripes about initial $10K monthly allowance
The estranged wife of an elderly financier griped in Manhattan court Tuesday that he gave her a measly allowance of $10,000 a month — then slashed it in half when she...
Elderly NYC private equity bigwig jetted around for Botox, dye jobs -- while wife wildly shopped: divorce case
An accused philandering elderly Manhattan business titan who once owned a menagerie of exotic animals is telling his soon-to-be ex-wife that he is now totally destitute, according to court hearings.
Nation's largest for-profit hospital chain paid private equity giant $700M dividend before bankruptcy filing years later
Steward Health Care System, the Boston-based network of 30 hospitals that operate in rural and low-income areas, recently declared bankruptcy.
NFL set to allow private equity firms to buy up to 10% of clubs: report
The NFL was the only major North American sports league that prohibited private equity ownership in a franchise.
Billionaire's daughter quits Alaska wealth fund over cronyism claims
David Rubenstein is the billionaire co-founder of the Carlyle Group investment firm who recently purchased the Baltimore Orioles baseball team.
Fisher Investments sells stake to Advent, Abu Dhabi: report
The firm's founder and executive chairman, who is worth an estimated $5 billion, said the agreement would guarantee the firm's 'independence' if he ever decides to stand down.
Firm co-founded by Milwaukee Bucks' billionaire co-owner wants to save Red Lobster from bankruptcy
Fortress Investment Group is the most likely company that is expected to take charge of the struggling casual dining chain, according to Bloomberg.
Appeals court rejects SEC fee rule in win for private equity, hedge fund industry
The rule overturned on Wednesday required fund managers to issue quarterly performance and fee reports and perform annual audits.
Embattled Peloton shares soar as private equity firms reportedly consider buyout
Last week, Peloton CEO Barry McCarthy quit and the company announced job cuts to reduce costs after posting weak results.
Lawmakers want to ban Wall Street from buying up more single-family homes across the US
Democrats in the Senate and House have reportedly sponsored legislation which would force large owners of single-family residences to sell their swath of homes to family buyers.
Paramount CEO expected to resign after clashing with Shari Redstone: reports
Bob Bakish is expected to step down Monday amid contentious talks to merge with Skydance Media and ahead of Paramount's quarterly earnings later that afternoon.
Paramount mulls removing CEO over turmoil as sale talks with Skydance inch forward
Paramount Global is reportedly considering dumping longtime CEO Bob Bakish and replacing him with a group of executives as the entertainment giant inches closer to a deal with Skydance Media....
Kim Kardashian's private equity firm SKKY raises fraction of $1B goal
Kim Kardashian's private equity firm SKKY Partners has struggled to land funding -- raising just a fraction of its $2 billion goal, according to a federal securities filings.
Paramount not expected to reach deal with Skydance by 30-day deadline: report
The two companies will not likely strike a deal by May 3, which is when the exclusive window expires, CNBC's David Faber said Wednesday.
Paramount investor rips Shari Redstone's deal to sell media giant to Skydance: 'Detrimental to the company’s value '
A Paramount Global investor slammed Shari Redstone over her deal to sell the company to Skydance Media, claiming the heiress is attempting to enrich herself at the expense of regular...
Junior bankers say they'll quit after bonuses fall — but top 0.1% celebrate soaring market and plunging private jet costs
Low-level bankers didn't get the 100% bonuses they expected but the biggest bosses are smiling: stocks and Bitcoin are up and jet charters are down.
Shari Redstone reaches tentative deal to sell her Paramount stake to Skydance: report
Paramount's board chose merging with Skydance – owned by tech heir David Ellison, son of billionaire Oracle co-founder Larry Ellison – over a recent $26 billion all-cash offer from private-equity...