KenLevine posts
FeedPosted Jul 7th 2008 10:50AM by Laurie Pasternack (RSS feed)
Filed under: Newspapers, Magazines, General Electric (GE), Citigroup Inc. (C), Goldman Sachs Group (GS), Electronic Arts (ERTS), Blackstone Group L.P (BX)
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MAJOR PAPERS:
- The Financial Times reported that Bain Capital, The Blackstone Group LP (NYSE: BX) and General Electric Company's (NYSE: GE) NBC universal will acquire The Weather Channel properties from Landmark Communications for approximately $3.2B in a leveraged buy-out. The Weather Channel will be run separately.
- A top Goldman Sachs Group Inc (NYSE: GS) trader is defecting to GLG Partners Inc (NYSE: GLG), the UK's second-largest hedge fund. Goldman's Driss Ben-Brahim, a partner in the firm and the head of its emerging market trading business, will take over GLG's $1.2B emerging markets special situations fund, the Financial Times reported.
OTHER PAPERS:
WEB SITES:
Why is gold making a new high, trading at $1,118.00 per ounce?
Chasing Value: Ten stocks for 2010 -- Part 1 
Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM)
