Wasserstein sells American Lawyer unit
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Incisive Media, a British business news provider, said Thursday it will pay about $630 million to buy the publisher of The American Lawyer and other titles as it seeks to boost its product range and strengthen its foothold in North America.
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Bruce Wasserstein, head of Lazard LLC, filed today to sell $850 million of shares of the largest closely held investment banking partnership, moving toward a resolution of a feud between two powers of the financial world.
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One of Boston's oldest and largest law firms, Ropes &amp; Gray, is acquiring the New York intellectual property firm Fish &amp; Neave, joining what is shaping up to be a record number of consolidations in the legal community in 2004.
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Federal-Mogul, the engineering company whose bankruptcy in the US is threatening the pensions of thousands of workers at its subsidiary Turner &amp; Newall, is sizing up a sale of its UK businesses.
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The travel reservation company agreed Monday night to be sold to Silver Lake Partners and the Texas Pacific Group.
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The bond-trading firm is selling its privately held BGC Partners brokerage unit to eSpeed, in a deal valued at $1.3 billion.
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ROME  - Tiscali SpA, Europe's second-largest Internet service provider, said Monday it has sold its Austrian unit for nearly &#36;15 million US.
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UK general insurer Royal & Sun Alliance   Insurance Group Plc RSA.L said on Thursday it was selling its   U.S. arm to Arrowpoint Capital, providing the company with a   long-awaited exit from its U.S. unit.
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The home improvement chain sold its supply unit to a group of private equity firms for more than $10.3 billion.
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A private equity firm buys its medical-imaging division.
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Theodore Forstmann, a pioneer in the  leveraged buyout frenzy of the 1980s and 1990s, plans to leave  the business in 2006, the New York Times said on Sunday.
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Two major New York law firms announced yesterday that they had agreed to merge, creating what will be one of the nationâs largest law firms, with broad international reach.
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The Securities and Exchange Commission announced today the settlement of charges against American International Group revolving around the marketing of transactions that would remove possible volatile assets from the balance sheets of companies.
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THE HAGUE, Netherlands -- ABN Amro's sale of its U.S. arm LaSalle to Bank of America was lawful, the Dutch Supreme Court ruled Friday _ overturning a lower court's move blocking the sale and making the $21 billion sale virtually certain to succeed.
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Germany's fifth-largest bank, WestLB, said Sunday it is selling its majority stake in steel distributor Kloeckner &amp; Co. AG to a U.S. investment firm as part of efforts to unload noncore assets.
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ABB, the Swiss engineering company, will sell an oil and gas production plant, Lummus Global, to the Chicago Bridge and Iron Company for $950 million, ABB said. The buyout, subject to approval by regulators and Chicago Bridge shareholders, is expected to close in the fourth quarter, ABB said. ABBâs chief executive, Fred Kindle, said the sale was the final step in his companyâs strategy to focus on power and automation technology. Lummus Global provides proprietary process technologies, project management, engineering and procurement services to the oil and gas industry. It has 2,400 employees and reported sales of $988 million last year. Chicago Bridge is based in the Netherlands.
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A federal bankruptcy judge approved a plan Monday to sell roughly 60,000 accounts of the troubled credit counseling firm AmeriDebt to a Houston nonprofit, allowing for the dissolution of the company accused of bilking customers with hidden fees.