MichaelFlaherty
Stories by MichaelFlaherty
Dell software deal flexes Elliott’s newly developed buyout muscle
Elliott Management Corp's deal to acquire Dell Inc's software assets shows how the U.S. hedge fund and prominent activist investor is stepping up its
Warren Buffett, Quicken Loans founder join race for Yahoo’s internet assets
The consortium's participation in the sale process also represents a challenge to U.S. telecommunications carrier Verizon Communications Inc, whose de
Yieldcos enabled SunEdison’s debt-fueled acquisition spree
The resulting acquisition spree would drive SunEdison deeply into debt - and ultimately into bankruptcy. SunEdison's Chapter 11 filing last week has b
Honeywell International drops $90b bid to buy rival United Tech
The move comes after United Tech rejected Honeywell's offer last week, saying any synergies from combining the companies would be outweighed by regula
China: Tsinghua unit Unisplendour scraps $3.78b investment plan in US-based Western Digital
Unisplendour dropped its plan to buy a 15% in Western Digital after the U.S. Committee on Foreign Investment said it would investigate the transaction
Activists investors, once trusted allies, are now rivals to private equity
Stagnant leveraged buyout volumes are in sharp contrast to a surge in activist campaigns, which are increasingly towards forcing the kind of operation
PE firm Cerberus in talks to acquire Avon’s North American arm
Avon has a market capitalization of close to $1.6 billion and long-term debt of around $2.2 billion