Private equity firms in India prefer to be minority stakeholders in their target companies as a study showed only 4% of total deals in last four years were for acquiring a controlling stake. …
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Traders, Not Investors, Fueling This Stock Rally: NYSE Chief
Posted on: April 18th 2009 in Press Releases.
Wall Street’s stunning six-week rally has been fed more by traders looking to take advantage of quick swings in the market than investors with a long-term view, NYSE Euronext (NYSE:NYX – News) CEO Duncan Niederauer told …
Second largest US mall owner General Growth files bankruptcy
Posted on: April 17th 2009 in Press Releases.
NEW YORK: General Growth Properties Inc, the second-largest U.S. mall owner, declared bankruptcy on Thursday in the biggest real estate failure in U.S. history. Ending months of speculation, General Growth, along with 158 of its 200-plus US malls, filed Chapter 11 while it tries to refin…
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