KKR & Co., the buyout firm run by Henry Kravis and George Roberts, filed to raise as much as $500 million in capital by selling shares to the public when it moves its listing to the New York Stock Exchange.
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Archive for May, 2010
KKR Files to Raise $500 Million to Expand Business (Update1)
Tuesday, May 11th, 2010Unemployment Is Here To Stay
Tuesday, May 11th, 2010How job hopping and just-in-time employment have changed the U.S. economy.
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Judge appoints Tribune bankruptcy examiner
Tuesday, May 11th, 2010The judge in the Tribune Co.’s Chapter 11 case appointed an independent examiner on Monday to review the 2007 leveraged buyout of the media conglomerate and the potential claims arising from it that might be brought on behalf of the bankruptcy estate.
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Dueling tax proposals unveiled in Trenton
Tuesday, May 11th, 2010TRENTON, N.J. (AP) — As New Jersey Gov. Chris Christie on Monday unveiled a package of 33 bills to cap state spending in order to reduce property taxes, Democratic lawmakers laid out their proposal to raise income taxes on millionaires for one year to give relief to seniors.
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David Weidner’s Writing on the Wall: Don’t blame the glitch on machines
Tuesday, May 11th, 2010So, what happened to the market last week?
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KKR Files to Raise $500 Million to Expand Business (Update2)
Monday, May 10th, 2010KKR & Co., the buyout firm run by Henry Kravis and George Roberts, filed to raise as much as $500 million by selling shares to the public when it moves its listing to the New York Stock Exchange.
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Federal program will help struggling homeowners
Monday, May 10th, 2010Struggling California homeowners will have another source of assistance later this year from a federal program giving the state $700 million to devise its own foreclosure-prevention solutions. While that sounds like a windfall, it’s minuscule compared with… California - Real estate - United States - Business - Foreclosure
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Mum prostituted girl to pay off home loan
Monday, May 10th, 2010A WOMAN sold her daughter for sex to pay off a loan and buy a couple of cars, a court hears.
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$12M upgrade for tech school
Monday, May 10th, 2010A $12 million update of North Montco Technical Career Center should be under way by the beginning of June.
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Don’t bail out on stocks, experts say
Monday, May 10th, 2010Dave Rolfe, who helps manage $700 million of other people’s money, says the investors he meets are fed up. He doesn’t blame them. “If I want a casino, I’ll go to Vegas,” they tell him. And some of them are ready to cash out.
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