February 2, 2009 |
Past Issues |
Sanders Morris Harris Group will sell SMH Capital Markets to Siwanoy Capital.
Amid increasing pressure from activist investors, retailer Charlotte Russe Holding has indicated that it will seek out strategic alternatives.
With credit nearly non-existent, the traditional playbook of activist investors has been rendered almost obsolete, but activism is far from dead.
Citigroup split itself in two this month and has now reshuffled senior managers to oversee the company's various business lines.
Portfolio companies owned by buyout firms of all sizes are facing the possibility of restructuring or bankruptcy.
Some of the nation's most prominent bankers have been forced to eat their words early in what is expected to be another painful year as they attempt to deflect blame in the face of mounting losses.