Dell Inc. (NASDAQ: DELL) announced on Tuesday that it has reached a deal to make itself private, in a $24.4 billion leveraged buyout—the biggest buyout transaction since the financial crisis.
Continue reading Dell to go Private in Deal Worth $24.4 Billion (DELL)
Shares of Transocean Ltd. (NYSE: RIG) gained on Monday after the world’s largest offshore rig contractor revealed that billionaire investor, Carl Icahn has acquired a 1.56 percent stake in the company and is considering to expand his holding in the company.
Continue reading Transocean Gains as Noted Investor Carl Icahn Buys Stake (RIG)
Duff & Phelps Corp. (NYSE: DUF), a New York City-based provider of independent financial advisory and investment banking services, announced over the weekend that it signed a definitive merger agreement under which a private investor consortium will acquire the company for $15.55 per share in cash.
Continue reading Duff & Phelps to be Acquired by Private Investor Consortium (DUF)
Ken Griffin’s Citadel LLC raised its stake in clothing retailer Abercrombie & Fitch Co. (NYSE: ANF), according to a recent regulatory filing.
Continue reading Major Fund Buying; Citadel Boosts Stake in Abercrombie & Fitch (ANF)
Shares of daily deals site Groupon Inc. (NASDAQ: GRPN) rallied in trading today after New York City-based hedge fund Tiger Global Management LLC disclosed in a filing that it acquired a 9.9% stake in the Chicago-based company.
Continue reading Groupon Shares Rally After Hedge Fund Acquires 9.9% Stake (GRPN)
Billionaire investor Carl Icahn has acquired 10% stake in Netflix Inc. (NASDAQ: NFLX), according to a regulatory filing made on Wednesday.
Continue reading Carl Icahn Acquires Stake in Netflix (NFLX)
Activist hedge fund Starboard Value LP, today, disclosed that it has taken a 13.3% ownership stake in Office Depot Inc. (NYSE: ODP). Starboard is now ODP’s largest shareholder.
Continue reading Starboard Discloses Stake in Office Depot (ODP)
Hedge fund manager David Einhorn has raised his stake in BioFuel Energy Corp. (NASDAQ: BIOF), a producer and seller of ethanol and its co-products.
Continue reading Einhorn Raises Stake in BioFuel Energy (BIOF)
General Growth Properties Inc. (NYSE: GGP) shares surged on Thursday after Pershing Square Capital Management’s Bill Ackman urged the company to consider a sale. Ackman’s Pershing Square owns approximately 10.2% of GGP.
FPA Capital Fund has an excellent long-term track record. The fund has always invested conservatively. As of June 30, 2012, the fund had 30% of its assets in cash.