Stock Market & Financial Investment News

News Breaks March 5, 2013 16:21 EDT LIFE, BX Life Technologies attracts interest from buyout group, Bloomberg reports Life Technologies (LIFE) has attracted buyout interest from a group comprised of Blackstone (BX), Carlyle Group (CG), TPG Capital, and Temasek Holdings, according to a Bloomberg report that cites people with knowledge of the matter who say the group is in talks with banks on financing a deal. Reference Link News For LIFE;BX From The Last 14 Days Check below for free stories on LIFE;BX the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 16, 2013 07:11 EDT BX Some asset managers want investors to buy their shares, Reuters reports Subscribe for More Information 06:08 EDT BX On the Fly: Periodicals Wrap-Up Subscribe for More Information May 15, 2013 17:36 EDT LIFE Paulson gives quarterly update on stakes Subscribe for More Information 16:09 EDT BX DDR Corp. acquires select prime power centers from its Blackstone JV for $1.46B DDR Corp. (DDR) announced an agreement to acquire a portfolio of prime power centers from its existing joint venture with Blackstone Real Estate Partners VII (BX). The acquisition, which is expected to close in Q4 subject to customary closing conditions, will significantly increase DDR's cash flow generated by very high quality, large format prime power centers located in top MSA's in the United States. The joint venture between Blackstone and DDR currently owns 44 shopping centers, and DDR has executed a purchase and sale agreement to acquire Blackstone's 95% common equity ownership interest in 30 of these shopping centers for $1.46B. DDR intends to fund this acquisition through a combination of the assumption of $398M in existing debt, nearly $150M from the repayment of preferred equity and mezzanine loans previously funded by DDR and proceeds from the issuance of common equity and unsecured debt. As part of the consideration, DDR has the right, subject to certain conditions, to issue common shares to Blackstone in an amount not to exceed $250M. 16:07 EDT BX DDR Corp. acquires select prime power centers from its Blackstone JV for $1.46B Subscribe for More Information 07:11 EDT BX Some buyout firms move beyond buyouts, WSJ reports Subscribe for More Information 06:08 EDT BX On the Fly: Periodicals Wrap-Up Subscribe for More Information May 14, 2013 05:44 EDT BX, LIFE Banks work deals from both sides of the field, WSJ reports Subscribe for More Information May 10, 2013 07:49 EDT BX Blackstone targets corporations rich balance sheets, Bloomberg reports Subscribe for More Information May 9, 2013 11:34 EDT LIFE Options with increasing implied volatility: BKS MMR LIFE GDI Subscribe for More Information 07:34 EDT BX Simon Graduate School of Business to hold a conference 2013 Simon NYC Conference is being held in New York on May 9. May 7, 2013 08:05 EDT BX Blackstone price target raised to $28 from $22 at Argus Argus increased its price target on Blackstone as the firm expects the company's distribution and stock price to be boosted by a better cycle of real estate exits. The firm thinks this trend is in its early innings and keeps a Buy rating on the shares. 05:50 EDT LIFE Life Technologies downgraded to Hold from Buy at Jefferies Jefferies downgraded Life Technologies citing the takeout bid by Thermo Fisher after assuming coverage of the stock. The firm raised its price target for shares to $76 from $58. May 6, 2013 12:19 EDT LIFE Options with increasing implied volatility: TWO LIFE AGNC HNZ 07:24 EDT LIFE American Association of Immunologists to hold annual meeting Annual Meeting of the AAI 2013 is being held in Honolulu, Hawaii on May 3-7. Sign up for a free trial to see the rest of the stories you've been missing.