DealBook Blog: Harman Says Its Buyers Want to Call Off Deal
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The maker of car speakers and high-end audio gear said Kohlberg Kravis Roberts and Goldman Sachs Capital Partners are trying to break off their $8 billion buyout.
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Landry's founder wants to take his company private.
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The private equity buyers of Harman International Industries Inc  are worried about financial conditions inside the audio equipment maker, concerns that could threaten the $8 billion deal, a source familiar with the matter said on Friday.
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Beleaguered British Energy has applied to delist its shares as it tries to stop shareholders from blocking a restructuring plan to keep the company in business.
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Sport: Football: Club pulls the plug on potential takeover deal with Hong Kong businessman
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The Securities and Exchange Commission  has issued a cease-and-desist order to pension consulting firm  Callan Associates, citing incomplete disclosure of a conflict  of interest, according to a document on the agency&#39;s Website.
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Disastrous service can turn off customers and investors.
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Private equity groups KKR and Goldman Sachs pull out of their $8bn deal to buy US hi-fi firm Harman.
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The Financial Times claims that Paramount will use a "get-out clause" in its exclusivity agreement with HD DVD, but it remains a rumor.
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A third of first-time home buyers may cut their offer for a property at the last minute, a survey finds.
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Media & professional: Â· Radical shakeup proposed to limit bar on payouts  Â· ABI insists changes would not help consumer
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Johannesburg - Harmony on Monday accused Gold Fields Limited of diverting attention from its own shortcomings by trying to stop a hostile take-over bid in the United States courts.
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Business & money: Â· Buyers renegotiate deal in face of tighter creditÂ· Housing sales fall for five successive months.
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Business & money: Government criticised over handling of crisis as one of two remaining bidders threatened to pull out
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Sallie Maeâs would be buyers say the merger contract allows it to terminate the deal due to recent changes in student lending, which have reduced its potential for future earnings.
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The $8 billion buyout of audio-equipment maker Harman International Industries collapsed yesterday, the first major private-equity deal to unravel since the current credit turmoil began and a sobering sign for other big takeovers in the works.
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The company talks down a recent inexplicable stock run-up.