Private equity management

FILE - In this June 10, 2020 file photo, Jovita Carranza, Administrator of the Small Business Administration, testifies during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, on Capitol Hill in Washington. The Treasury Department said it is releasing on Monday, July 6 the names of more than 700,000 companies that received funds from the government’s small business lending program, a massive effort intended to support the economy as states shut down in April to contain the viral outbreak. (Kevin Dietsch/Pool via AP, File)
July 06, 2020 - 1:00 pm
NEW YORK (AP) — The Latest on the Treasury decision to identify hundreds of thousands of businesses that received funding through the Paycheck Protection Program, created to preserve jobs at smaller businesses during the coronavirus pandemic: ___ More than 4,100 oil and gas companies, including...
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FILE - This Feb. 16, 2010 file photo shows the headquarters of the Simon Property Group in downtown Indianapolis. Simon Properties said Wednesday, June 10, 2020, that it is pulling out of its $3.6 billion to buy rival Taubman, citing the coronavirus pandemic which has forced many malls to temporarily close their doors. It is the second major retail deal to fall apart due to the pandemic. (Danese Kenon/The Indianapolis Star via AP, File)
June 10, 2020 - 7:49 am
NEW YORK (AP) — The nation's largest owner of malls is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail economy. It is the second major retail deal that was signed just before the pandemic hit the U.S. to crumble. The sale of Victoria's Secret to...
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A shop vendor wearing a face mask to help curb the spread of the coronavirus waits for customer outside headscarves shop in Kuala Lumpur, Malaysia, on Monday, May 11, 2020. Despite a sharp drop in infections, Malaysia's leader said restrictions to fight the coronavirus will be extended by four more weeks until June 9. The government has already let most businesses reopen with strict conditions to help revive a hard-hit economy. But mass gatherings are still barred, with schools, cinemas and houses of worship staying shut, group sports prohibited and interstate travel banned. (AP Photo/Vincent Thian)
May 11, 2020 - 1:23 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to national and global response, the work place and the spread of the virus. ________________________ EARNINGS SEASON: The damage from the pandemic is playing...
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Peter Tschentscher, behind the speaker's desk, first Mayor of Hamburg, speaks at a government declaration on the topic "Current Coronalage - First Steps into a Normal Life" at a meeting of the Hamburg Parliament in the city hall in Hamburg, Germany, Wednesday, April 22, 2020. To avoid contagion among the members of parliament, the citizens' meeting will take place in the Great Festival Hall of the City Hall, spectators are not allowed. (Christian Charisius/dpa via AP)
April 22, 2020 - 10:24 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus. ________________________ THE HEALTH BIZ: In this era of dire medical need, hospitals and...
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FILE - In this Jan. 24, 2020 file photo, Cory Doctorow, right, walks in front of other protestors in Los Angeles outside the headquarters of the regulatory body for domain names, the Internet Corporation for Assigned Names and Numbers. A private equity firm announced Friday, Feb. 21, what it calls legally binding commitments designed to ease concerns that its proposed $1.1 billion private takeover of the dot-org domain-setting registry would lead to price gouging and censorship. (AP Photo/Mark J. Terrill)
February 21, 2020 - 5:06 pm
LOS ANGELES (AP) — A private equity firm seeking to buy rights to operate the internet's .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community. Ethos Capital has offered $1.1 billion to buy the Public Interest...
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FILE- In this Nov. 8, 2018, file photo model Devon Windsor walks the runway during the 2018 Victoria's Secret Fashion Show at Pier 94 in New York. Victoria's Secret's owner, L Brands, said that the private-equity firm Sycamore Brands will buy 55% of Victoria's Secret for about $525 million. Victoria's Secret will become a private company. (Photo by Evan Agostini/Invision/AP, File)
Associated Press
February 20, 2020 - 1:54 pm
NEW YORK (AP) — Victoria's Secret, which once defined sexy with its leggy supermodels in their lacy bras and oversized angel wings, has a new owner. Now, the big question is whether the once sought after but now struggling brand can be reinvented for a new generation of women demanding more...
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FILE - In this Oct, 29, 2018 file photo James Murren, CEO of MGM Resorts International, participates in a news conference in New York. Murren the head of casino giant MGM Resorts International says he'll step down as company chairman and chief executive as soon as the company leaders find his successor. Murren was praised in a company statement Wednesday, Feb. 12, 2020, saying he informed the corporate board he intends to leave before his contract expires, at the end of 2021. (AP Photo/Seth Wenig,File)
Associated Press
February 12, 2020 - 4:35 pm
LAS VEGAS (AP) — Jim Murren, the head of casino giant MGM Resorts International, says he’ll step down as chairman and chief executive as soon as the company finds a successor. Murren has led the company since 2008. A corporate statement Wednesday said he intends to leave before his contract expires...
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FILE- In this June 13, 2012, file photo, Rod Beckstrom, president of the Internet Corporation for Assigned Names and Numbers (ICANN), points from behind a podium during a speech in London on expanding the number of domain name suffixes. The company that controls the dot-org online universe is putting the registry of domain names up for sale. (AP Photo/Tim Hales, File)
January 24, 2020 - 10:38 am
LOS ANGELES (AP) — The company that controls the dot-org online universe is putting the registry of domain names up for sale, and the nonprofits that often use the suffix in their websites are raising concerns about the move. About 15 people protested Friday outside the Los Angeles headquarters of...
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December 08, 2019 - 8:52 am
NEW YORK (AP) — In November, newspaper publisher GateHouse completed its acquisition of USA Today owner Gannett, creating the largest newspaper publisher in the U.S. Executives behind the merger, which was funded in part by a high-interest, $1.8 billion loan from a private equity firm, have pledged...
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In this April 25, 2016 file photo, workers walk past the front entrance of the Hartford Courant building in Hartford, Conn. Hedge fund Alden Global Capital is now the largest shareholder of Tribune Publishing, the company that owns the Hartford Courant, the Chicago Tribune, Baltimore Sun and New York Daily News. Tribune says Alden, a hedge fund known for layoffs and slashing costs at newspapers it acquires, purchased the 25% stake from former Tribune chairman Michael Ferro. (AP Photo/Charles Krupa, File)
November 20, 2019 - 12:09 pm
NEW YORK (AP) — Hedge fund Alden Global Capital is now the largest shareholder of Tribune Publishing, the company that owns the Chicago Tribune, Baltimore Sun and New York Daily News. Alden, a hedge fund known for layoffs and slashing costs at newspapers it acquires, bought the 25% stake from...
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