- What to Look For When Buying a Business
There are basically two types of deals when purchasing a business: a purchase of the assets of the business or the purchase of the stock of the company.
- Merger outlook: Continued slowdown. (Global
M&A).
In an interview, Credit Suisse First Boston executive Steven Koch talks about the impact of the recession on worldwide M&A activity and his outlook for investment banking in the near term. The investment banking and brokerage industries have been particularly hard-hit over the last several quarters, with a few firms ......
- Kent's Cequel Buys 81,000 More Subs
Cequel III, the St. Louis-based telecom management and investment firm headed by former Charter Communications Inc. CEO Jerry Kent, and Classic Holdco LLC announced an agreement to acquire and assume management of 81,000 subscribers in nine states from Alliance Communications Partners for $81 million. With this deal, three-year-old Cequel is ......
- Enron's collapse means potential conflicts for banks
Bankers had a long list of legal and regulatory issues that they wanted to deal with in 2002. Privacy, deposit insurance, bankruptcy reform, to name a few. Then came the implosion of Enron Corp. Once the nation's seventhlargest company, Houston-based Enron declared bankruptcy last year after revealing massive debts that ......
- Best Banks 2000: Best global banks
HEADNOTE As globalization continues, the financial services industry is consolidating, and a group of premier institutions is emerging with the scale, the technology and the products required to meet the needs of customers anywhere at anytime. In the new world of global banking, customer service is still the key to ......
- Bank Mergers Impact Commercial Real Estate
Hartford?The latest round of bank mergers put the commercial real estate market at a reduced advantage. It causes the number of sources fighting to serve borrowers to shrink, with each competitor by its larger size made better able to withstand competition.
- Merger mania: major deals for mortgage companies are being announced every month. Consolidation is the name of the game, and it's happening at breakneck speed.
Has the shopping season arrived early in the mortgage business? It seems so, given the number of deals announced recently. Each week seems to bring news of another mortgage company acquisition or one more company being offered for sale. [??] Two trends have been visible: Subprime mortgage companies, in particular, ......