New York Times DealBook Digest 6/21/2006
Stocks: (MS)(UVN)(MIR)(GS)(KPN)(IBAS)
According to New York Times DealBook, Morgan Stanley's numbers were well received on the one year anniversary of CEO John Mack. The stock was up as much as 5%. Net income more than doubled to $1.96 billion.
DealBook also reports that the two key bidders for Univision missed the deadline for bidding driving the stock of the broadcaster down.
DealBook writes that Madison Dearborn, the private equity outfit, may be buying turnaround firm AlixPartners. Alix has worked with bankrupt companies including KMart and Worldcom.
DealBook reports that Pirate Capital, which owns over 1% of energy firm Mirant, has written a letter to the board calling for the sale of "non-core" assets and a share buyback.
DealBook also writes that Goldman Sach Asset Management has become the number one hedge fund in terms of assets according to Alpha magazine with $21 billion under management. D.E.Shaw moved from No.7 last year to No. 3 this year.
DealBook reports that dental and medical supply company Henry Schein is buying three companies in related businesses from Darby Group for $51.5 million.
DealBooks writes that Dutch telecom company KPN is merging its international wholesale voice business with iBasis and pay $55 million for a majority stake in the combined company.
Douglas A. McIntyre
According to New York Times DealBook, Morgan Stanley's numbers were well received on the one year anniversary of CEO John Mack. The stock was up as much as 5%. Net income more than doubled to $1.96 billion.
DealBook also reports that the two key bidders for Univision missed the deadline for bidding driving the stock of the broadcaster down.
DealBook writes that Madison Dearborn, the private equity outfit, may be buying turnaround firm AlixPartners. Alix has worked with bankrupt companies including KMart and Worldcom.
DealBook reports that Pirate Capital, which owns over 1% of energy firm Mirant, has written a letter to the board calling for the sale of "non-core" assets and a share buyback.
DealBook also writes that Goldman Sach Asset Management has become the number one hedge fund in terms of assets according to Alpha magazine with $21 billion under management. D.E.Shaw moved from No.7 last year to No. 3 this year.
DealBook reports that dental and medical supply company Henry Schein is buying three companies in related businesses from Darby Group for $51.5 million.
DealBooks writes that Dutch telecom company KPN is merging its international wholesale voice business with iBasis and pay $55 million for a majority stake in the combined company.
Douglas A. McIntyre
posted by douglas mcintyre at 3:38 PM
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