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WWD: eBay in $2.4B Deal for GSI Commerce

WWD: eBay in $2.4B Deal for GSI Commerce

  • News
  • March 28, 2011

By Alexandra Steigrad EBay Inc. on Monday ratched up its battle with e-tailing behemoth Amazon.com with a $2.4 billion deal to buy e-commerce and marketing service provider GSI Commerce, owner of designer and luxury goods flash sale site Rue La La. The deal will take eBay one step further away from its decelerating auction model ... Read More

BLOOMBERG: HCA Returning Three Times Cost Shows Timing Trumps Overhauls

BLOOMBERG: HCA Returning Three Times Cost Shows Timing Trumps Overhauls

  • News
  • March 4, 2011

By Sree Bhaktavatsalam, Cristina Alesci and Pat Wechsler What a difference 10 months have made for HCA Inc. and its private-equity owners, KKR & Co., Bain Capital LLC and Bank of America Corp. When the hospital operator, which went private in a record leveraged buyout in 2006, filed in May to go public, U.S. initial offerings were st... Read More

THE DEAL: Regis Increases Provalliance Stake

THE DEAL: Regis Increases Provalliance Stake

  • News
  • February 2, 2011

By Demitri Diakantonis Regis Corp., operator of the Supercuts hair salon chain, announced late Tuesday, Feb. 1, that it acquired an additional 17% stake in European counterpart Provalliance SAS for $56 million. Regis now owns a 46% stake in the operator of Jean Louis David, Franck Provost and Saint Algue hair salons. The tran... Read More

Investment Dealer’s Digest (IDD): Fashioning a Solid Transaction

Investment Dealer’s Digest (IDD): Fashioning a Solid Transaction

  • News
  • January 28, 2011

Phillips-Van Heusen's $3 billion-plus purchase brought Calvin Klein and Tommy Hilfiger under the same roof By Danielle Fugazy Buying Tommy Hilfiger from Apax Partners for $3.1 billion made Phillips-Van Heusen, or PVH, one of the world’s largest apparel companies. Shares of PVH, owner of the Calvin Klein brand, have appreciated over ... Read More

WSJ: PJ Solomon's New Restructuring Head Counsels Bankruptcy Avoidance

WSJ: PJ Solomon's New Restructuring Head Counsels Bankruptcy Avoidance

  • News
  • November 15, 2010

It may come as a surprise that Durc Savini, the new head of the restructuring and recapitalization group at investment bank Peter J. Solomon Co., sees part of his job as helping companies avoid bankruptcy. But Savini, who came over from Miller Buckfire, puts that view in the context of broader shifts in the bankruptcy and restructuring b... Read More