Float to net buyout chief $440m
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The boss of private equity firm Blackstone is to receive about $450m by selling off some of his stake, it emerges.
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Will the proposed $44.6 billion buyout be a marriage of dunces or the birth of a Net overlord? Either way, a new, ad-centered era is booting up
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Morgan Stanley, the investment bank, gave its chief executive, John J. Mack, $40 million in stock and options for 2006, the largest bonus ever awarded to a Wall Street chief.
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Under the terms of the agreement, Cisco will pay approximately $200 million in cash and options. The acquisition of P-Cube is subject to various standard closing conditions and is
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Report: News Corp. chief agrees to buy a Fifth Avenue penthouse apartment for a record price. NEW YORK (CNN/Money) - Rupert Murdoch, chairman and CEO of media giant News Corp.
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The company wants to swallow its largest customer acquisition yet.
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By Stephen Foley  John Mack, the chief executive of Morgan Stanley, has been handed a $40m ([pound]20.5m) Christmas bonus, the largest ever awarded to a Wall Street boss.
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Confirming that his company had indeed been in discussions with Yahoo's senior management about a possible takeover throughout the last 18 months, Microsoft CEO Steve Ballmer revealed this morning he has personally placed an offer to Yahoo's board of directors, proposing a takeover whose value it estimates at $44.6 billion.
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Citigroup Inc  awarded Chief  Executive Vikram Pandit $26.7 million of shares and 3 million  stock options, six weeks after he took over the largest U.S.  bank, and a week after reporting a record $9.83 billion  quarterly loss.
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The top executive at Navistar International Corp.  signaled on Friday that the company, which has been struggling to get its finances in order, was open to buyout offers.
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Goldman Sachs Group  Chairman and Chief Executive Lloyd Blankfein received more than $54.3 million in cash, stock and options last year, setting a record for Wall Street CEO remuneration after leading the most profitable investment bank for just six months.
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The giant student lender whose $25 billion buyout has run aground said on Friday that its executive chairman would again take up the role of chief executive.
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Morgan Stanley has agreed to buy a real estate investor, the Investa Property Group of Australia, for 4.7 billion Australian dollars ($3.9 billion) in cash. Including debt, the offer values Australiaâs biggest publicly traded owner of office buildings at 6.6 billion Australian dollars. The bid is subject to an independent expertâs report confirming that the offer is in the best interests of shareholders.
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LONDON  - British fire and safety product manufacturer Kidde said it had agreed to a 1.44-billion-pound (2.09-billion-euro, 2.80-billion-dollar) takeover offer from US group United Technologies Corp.
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NEW YORK -- Rupert Murdoch, the billionaire CEO of News Corp., has reportedly offered to buy a three-story penthouse for $44 million, which would be the highest price ever paid for a Manhattan by about $1.75 million if the deal goes through.
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NEW YORK/BOSTON  - Nuveen Investments Inc. , the biggest manager of closed-end mutual funds, agreed on Wednesday to be acquired for $5.75 billion by investors led by private equity firm Madison Dearborn Partners LLC in the largest buyout of an asset manager.
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THE billionaire media mogul Rupert Murdoch has offered to buy a three-storey penthouse in Manhattan for a record $44 million (Â£21.6 million).