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Stock Market & Financial Investment News

News Breaks
April 13, 2013
14:56 EDTDELL, BXSoutheastern hires proxy firm to fight 'go private' proposal
DELL (DELL) investor, Southeastern Asset Management, said in a regulatory filing late Friday that it has hired a proxy solicitation firm in its fight against the proposed offer by Michael Dell and other investors to take Dell private. Southeastern said it is hiring the proxy firm in the event the other two potential bidders, the Blackstone Group (BX) and Carl Icahn,do not make a competing offer. Southeastern said, "We are pleased that thus far our efforts have highlighted the opportunities at Dell and the potential for a better outcome as evidenced by the deal opposition others have voiced as well as the Icahn and Blackstone proposals. The momentum is strong, and we will continue to diligently pursue a more equitable outcome for our clients."
News For DELL;BX From The Last 14 Days
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September 29, 2014
15:50 EDTBXCSC contacts PE firms on leveraged buyout interest, Bloomberg reports
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15:46 EDTBXCSC explores LBO, contacts Blackstone, Bain to gauge interest, Bloomberg says
07:25 EDTDELLOracle to hold a conference
Open World 2014 to be held in San Francisco on September 28-October 2.
September 23, 2014
13:53 EDTBXBlackstone COO says company was 'never in Russia,' CNBC reports
Blacksone COO Tony James disputed a Financial Times report that said the group was "giving up on Russia," reports CNBC. In an interview with CNBC's "Squawk Box," James said "We were never in Russia. We've never had an office, employee or investment in Russia." James added that Blackstone has a consultant in Russia but has not determined whether or not to renew the contract. Reference Link
September 21, 2014
14:43 EDTBXBlackstone does not renew contracts to its consultants in Russia, FT says
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September 17, 2014
07:37 EDTBXMorningstar to hold a conference
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September 16, 2014
07:38 EDTBXBlackstone looks to raise $16B for new buyout fund, WSJ reports
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