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Stock Market & Financial Investment News

News Breaks
April 6, 2013
14:41 EDTDELL, BXIcahn won't rule out proxy fight for Dell, WSJ says
Carl Icahn is not agreeing to Dell's (DELL) committee request of dropping his right to a proxy fight in return for reimbursement by Dell of discovery expense, a deal that bidding groups led by Silver Lake Partners and Blackstone (BX) have both been granted. In an interview with the Wall Street Journal, Icahn said he is exploring his earlier proposal for a dividend, which would require a proxy fight. Icahn has made a preliminary bid to buy up to 58% of Dell but as of yet has not engaged in talks with Michael Dell, notes WSJ. Reference Link
News For DELL;BX From The Last 14 Days
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February 11, 2016
09:05 EDTBXBlackstone forms partnership for offshore oil & gas drilling services
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February 8, 2016
07:23 EDTBXCredit Suisse to hold a forum
17th Annual Credit Suisse Financial Services Forum is being held in New York where on February 8, some of the companies will be hosting dinners, followed by company presentations on February 9-10.
February 5, 2016
06:53 EDTBXBlackstone, Onex advance in Philips Lighting auction, Bloomberg reports
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February 4, 2016
12:25 EDTBXBidders preparing bids for Blackstone's Meerwind offshore park, Reuters says
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February 1, 2016
08:34 EDTBXBlackstone outlook positive, says JMP Securities
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06:49 EDTBXBlackstone reduces stake in ChemChina unit to less than 10%, Reuters says
Blackstone has cut down its stake in a unit of ChemChina by more than half to below 10%, Reuters reports, citing two people with knowledge of the situation. The company spent roughly $600M to purchase a 20% interest in China National Bluestar in 2008, the report says. Reference Link
06:46 EDTBXBlackstone shops IT outsourcing firm in China, WSJ reports
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