Live-Blogging the Huntsman Trial
Today marks the opening arguments of Huntsman’s lawsuit against Credit Suisse and Deutsche Bank, one of the few major conflicts from the busted buyout boom that remain unresolved. The Deal Professor is...
View ArticleThe Debt Commitment Conundrum
Many lenders are being sued by takeover targets when deals go bad. In response, banks are rethinking how they craft debt commitment letters, The Deal Professor says.
View ArticleHuntsman Reaches $1.7 Billion Settlement With Banks
Huntsman Corporation said that two banks it was suing over a failed takeover deal had agreed to pay more that $1.7 billion in cash and notes to settle the litigation.
View ArticleA Huntsman Victory in More Ways Than One
The Deal Professor says the Huntsman settlement appears to be a good deal for the chemical company, both in its suit against Credit Suisse and Deutsche Bank and in its dealings with Apollo Management.
View ArticleA Win-Win Settlement After Huntsman Battle?
The decision by Deutsche Bank and Credit Suisse to settle over the failed buyout of Huntsman is sensible, Breakingviews says.
View ArticleThe Week in Deal Litigation
With NRG Energy suing Exelon and a PepsiCo proposal inspiring a shareholder suit, it was a busy week for deal-related litigation. The Deal Professor has a rundown of these cases and more.
View ArticleHunstman Sets Baseline Bid for Tronox
Huntsman said it had made a $415 million "stalking horse" offer for Tronox, setting the stage for a bankruptcy auction for the producer of titanium dioxide.
View ArticleWall Street’s Deal Factory Hits the Reset Button
DealBook presents an excerpt from the Deal Professor's forthcoming book, “Gods at War: Shotgun Takeovers, Government by Deal and the Private Equity Implosion.”
View ArticleThe Deal Professor’s 2009 in Review, Part I: No Exit
In part one of his 2009 year in review, the Deal Professor examines the general trends of what he predicts will be a flatter deal-making landscape for some time to come.
View ArticleThe Deal Professor’s 2009 in Review, Part II: The Deals
In part II of his 2009 in review, the Deal Professor takes a look at the biggest domestic deals of the year and what they show about the new normal in mergers and acquisitions.
View ArticleApollo to Win Fight for Lyondell?
Lyondell Chemical creditors led by Apollo Management are set to reject a $14.5 billion bid from India's Reliance Industries, setting the stage for a merger between the bankrupt chemical maker and...
View ArticleHere Come the L.B.O.’s
Public companies have quickly become leveraged-buyout targets again, suggesting a marked change from the acrimony that surrounded the last round of private equity deals, Reuters Breakingviews says.
View ArticleThe Contractual Structure of Private Equity
The Deal Professor examines the various structures of deals that private equity firms are negotiating in the wake of the financial crisis.
View ArticleCompanies May Fail, but Directors Are in Demand
Many who served on boards of companies that failed or nearly did in the financial crisis avoided blame and joined other boards.
View ArticleWill Buffett Deal Create a Chemical Reaction?
Analysts see potential buyout candidates, but only one surges on news of the deal.
View ArticleCitadel Shuts Down Its Special Situations Group
Another day brings more news of the downsizing taking place at the Citadel Investment Group, Kenneth C. Griffin’s giant hedge fund firm. Citadel, based in Chicago, shut down its special situations...
View ArticleRevisiting Huntsman-Hexion: Did Wachtell Blow It?
Did Wachtell blow its representation of Hexion Specialty Chemicals and Apollo Management in their litigation with Huntsman? In the last few weeks, the debate on Wachtell’s performance has resurfaced....
View ArticleGetting Back to the M.&A. Grindstone
The Deal Professor returns and takes a look at the mergers and acquisitions landscape over the past 10 days.
View ArticleCitadel Shuts Down Its Special Situations Group
Another day brings more news of the downsizing taking place at the Citadel Investment Group, Kenneth C. Griffin’s giant hedge fund firm. Citadel, based in Chicago, shut down its special situations...
View ArticleRevisiting Huntsman-Hexion: Did Wachtell Blow It?
Did Wachtell blow its representation of Hexion Specialty Chemicals and Apollo Management in their litigation with Huntsman? In the last few weeks, the debate on Wachtell’s performance has resurfaced....
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