Carlyle Puts Off Sale of Cable Company
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The Carlyle Group has indefinitely postponed the sale of a cable communications company because bidders did not meet the District private-equity firm's price, sources said yesterday.
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The California network-equipment maker says the $2.2 billion deal to be acquired by a Chinese telecom won't proceed, because federal authorities reviewing the proposed sale said security issues can't be resolved.
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The cable pay-per-view company iN DEMAND has backed away from a plan to show a three-hour election eve special with filmmaker Michael Moore that included the first television showing of his documentary "Fahrenheit 9/11."
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A federal judge late on Friday  rejected a request for an injunction against the McClatchy Co.   sale of three San Francisco Bay-area papers it acquired  when it bought Knight Ridder Inc. this year.
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Carlyle Capital Corporation Ltd (CCC) has cut the price of a planned initial public offering, its chief executive said on Thursday, blaming market "headwinds".
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Global news and information provider Reuters Group PLC said Friday that it is not in talks to sell off its part-owned stock-trading network Instinet Group Inc.
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French bank BNP declines to rule out a bid for rival Societe Generale, which is struggling after a trading scandal.
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Rupert Murdoch's News Corp. Ltd. moved  on Monday to prevent a hostile bid from U.S. cable company  Liberty Media Corp., launching a plan to issue stock options  that would dilute the stake of any predator.
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VANCOUVER, British Columbia  - A judge refused on Thursday to overturn the sale of the National Hockey League's Vancouver Canucks, dismissing the claims of two men that they were unfairly frozen out of the deal.
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Nortel Networks Corp. said the Toronto Stock Exchange and the New York Stock Exchange won&#39;t commence suspension or delisting actions because of the company&#39;s delay in filing certain financial reports.
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Shareholders of Cablevision Systems Corp. rejected on Wednesday a $10.6 billion bid by the company's controlling shareholders, the Dolan family, to take the New York-area cable TV provider private.
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Carlyle's cash could come in handy Analysis: Private equity group Carlyle is bidding to take over Virgin Media, the UK's cable monopoly formerly known as NTL. We reckon Branson should take the money. He could get shot of the debt-burdened albatross, and put the money to good use elsewhere in the Virgin telco empire.â¦
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WMC, the Australian mining firm, turns down a $5.5bn bid from Swiss company Xstrata but says it is willing to hold talks on a deal.
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Facing public outcry and strong investor pressure, a US media conglomerate has backed down from its plan to air what was billed as a lengthy expose of John Kerry's role in the Vietnam War -- less than two weeks before the November 2 vote.
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Rupert Murdoch&#39;s News Corp. Ltd. moved to ward off any hostile bid from US cable company Liberty Media Corp. with a plan to issue stock options to dilute the stake of any predator.
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In the largest rejection of a buyout ever, shareholders blocked the Dolan familyâs two-year, $10.6 billion effort to take Cablevision private.
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Rupert Murdoch made clear that he would not accept a sale proposal that would keep The Wall Street Journal out of his editorial control.