Leveraged Buyouts

At a special shareholders meeting, investors in WMS Industries approved the company's takeover by Scientific Games Corp. The deal, announced in January, combines the two gaming machines makers for $1.42 billion in cash and debt. That put the value...

Shareholders of EDAC Technologies, an aerospace manufacturer with operations in Farmington and Cheshire, have approved the sale of the company to a New York private equity firm and its subsidiaries after a months long buyout process involving competing...

Fast food giant Burger King Worldwide Inc. said it will lose its chief executive Bernardo Hees to H.J. Heinz Co. once billionaire financier Warren Buffett wraps up his acquisition of the ketchup company with 3G Capital. Corporate poaching this...

A group of EDAC Technologies Corp. shareholders are claiming that company's board is underselling the company. In a handful of lawsuits — filed both in Wisconsin, where the company is incorporated, and in Connecticut, where the firm has its...

Police in Spokane, Wash., completed their investigation of a fight that occurred last month and have requested that two USC basketball players be charged with two counts each of second-degree assault, a police spokeswoman said. Neither police nor USC...

Cable provider General Communication Inc. has laid out its case for purchasing three Alaska television stations, responding to a petition opposing the move from several Alaska broadcasters before the Federal Communications Commission. In a Thursday...

Dell Inc. saw its stock jump 1.26% in midday trading on Monday after the company reached an agreement to let shareholder activist Carl Icahn see its books.  Icahn Enterprises disclosed that it had signed a confidentiality agreement with Dell that will...

The “Catholic Seven” group of basketball schools will reportedly leave the Big East this summer, two years earlier than expected, and take the Big East conference name with them, according to multiple reports. The website ajerseyguy.com...

Before they began practice one recent morning in Salt Lake City, Olympic bronze medalist Lana Gehring of Glenview and four other elite speedskaters had to assemble protective pads around the walls of a municipal rink. Working in tandem, the skaters...

Warren Buffett has been very publicly casting about for a big deal – and he's found one in the Heinz ketchup company. Through his investment firm, Berkshire Hathaway, the famed investor is teaming up with a Brazilian private-equity firm to acquire...

SAN FRANCISCO -- Apple will hold an event in March to plug a new program that lets developers write apps for Apple TV, Jefferies & Co. analyst Peter Misek said. That could be a significant step for Apple TV. Steve Jobs said in late 2010 that he had...

Another large investor has lashed out against the proposed leveraged buyout of Dell Inc., saying the deal led by founder Michael Dell undervalues the computer maker. “We believe the proposed buyout does not reflect the value of Dell and we do...