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  • CHICAGO, Oct 8- Caesars Entertainment Corp's bankrupt casino unit struggled on Thursday to keep its complex debt-cutting plan on track, saying it had sweetened the payout to its creditors whose position was strengthened by a key court victory. Soon after the company unveiled the modified plan, a U.S. judge in Chicago ruled that creditor lawsuits could proceed...

  • CHICAGO, Oct 2- Creditors of Caesars Entertainment Corp's casino business are heading to court on Monday to argue that the company has been bankrupt for three days longer than it acknowledges, and $468 million hangs on the outcome. Bankruptcy Judge Benjamin Goldgar in Chicago that the process began on Jan. 12 in Delaware. Three days later, the operating unit of...

  • Sept 25- Kraton Performance Polymers Inc, which makes rubbers used in adhesives, coatings and personal care products, has offered to acquire pine chemicals producer Arizona Chemical Company LLC, in a deal that could exceed $1.2 billion, including debt, according to people familiar with the matter. Buyout firms Bain Capital LLC and Apollo Global Management LLC...

  • Sept 11- KKR& Co and Apollo Global Management are seeking to acquire General Electric Co's inventory finance arm, Bloomberg reported on Friday. Bloomberg said GE could select a buyer for the unit by the end of the month. GE said in April it would seek to sell some $200 billion of its GE Capital assets as it moves away from financial services and focuses more on...

  • Sept 11- KKR& Co and Apollo Global Management are seeking to acquire General Electric Co's inventory finance arm, Bloomberg reported on Friday. Bloomberg said GE could select a buyer for the unit by the end of the month. GE said in April it would seek to sell some $200 billion of its GE Capital assets as it moves away from financial services and focuses more on...

  • UPDATE 1-McGraw-Hill Education files to go public Friday, 4 Sep 2015 | 3:39 PM ET

    The company, owned by private equity firm Apollo Global Management LLC, did not name the underwriters for the IPO in its filing with the U.S. Securities and Exchange Commission. Reuters reported earlier this week that McGraw-Hill Education has hired Credit Suisse Group AG and Morgan Stanley to lead the IPO, expected to value the company at between $5 billion and...

  • The company, owned by private equity firm Apollo Global Management LLC, did not name the underwriters for the IPO in its filing with the U.S. Securities and Exchange Commission. Reuters reported earlier this week that McGraw-Hill Education had hired Credit Suisse Group AG and Morgan Stanley to lead the IPO, which was expected to value the company between $5...

  • LISBON, Sept 1- The Bank of Portugal is to start negotiations with U.S. fund Apollo Global Management on the sale of state-rescued Novo Banco after exclusive talks with China's Anbang Insurance Group Co were unsuccessful, two sources familiar with the talks said. The Bank of Portugal said in a statement: "As no agreement has been reached, the Bank of Portugal...

  • Twinkies maker Hostess Brands shelves sale for IPO Tuesday, 7 Jul 2015 | 9:32 AM ET
    Hostess Cupcakes and Twinkies

    Hostess Brands has pulled itself from the auction block and will instead pursue an initial public offering, sources said.

  • GE close to selling lender to top pension fund Monday, 8 Jun 2015 | 7:24 AM ET
    GE General Electric

    GE is near a deal to sell its private equity lending unit to the Canada Pension Plan Investment Board, a person familiar with the matter said.

  • Hostess died 3 years ago... now it's worth $2B Thursday, 28 May 2015 | 11:54 AM ET

    Hostess was all but dead after filing for bankruptcy, but now could be worth $2 billion according to the New York Post.

  • Who bought the $179 million Picasso? Thursday, 21 May 2015 | 12:18 PM ET
    Pablo Picasso's “Les femmes d’Alger (Version O)”

    Buyer still at large

  • Black: Icahn 'the brilliant investor of our age' Wednesday, 20 May 2015 | 12:47 PM ET
    Leon Black, chairman and chief executive officer of Apollo Global Management

    Carl Icahn was feted by friend and fellow billionaire Leon Black at a charity event for skin cancer.

  • Value investor: Bet on an eBay dividend Wednesday, 20 May 2015 | 7:28 AM ET

    Susan Byrne, founder and chairman of Westwood Holdings, is making a bet that eBay will likely issue a dividend following the spin off of PayPal.

  • What matters to markets this week Monday, 4 May 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Jobs report is big but watch out for Europe Friday, 1 May 2015 | 7:21 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Billionaire investors reveal their best ideas Tuesday, 28 Apr 2015 | 8:22 AM ET
    Leon Black

    Major private equity managers, including several billionaires, gave their best investment idea at the Milken conference.

  • Wall Street jets west for 'Davos with palm trees' Friday, 24 Apr 2015 | 11:54 AM ET
    Ken Griffin speaks at the 2013 Milken Institute Global Conference.

    The financial community—including Steve Schwarzman, Ken Griffin and Steve Cohen—will once again figure prominently at Milken.

  • Why activist investing is not a fad: Meister Monday, 13 Apr 2015 | 1:48 PM ET
    Keith Meister, CEO of Corvex Capital.

    Activism will change over time, but the general idea of investors expressing ideas and helping to create value is not a fad, Keith Meister tells CNBC.

  • Someone's getting rich on your kids' test scores Wednesday, 11 Mar 2015 | 2:45 PM ET
    Student Allison Ramirez asks for help in a fourth-grade math class at Piney Branch Elementary School in Takoma Park, Md., where teachers are training themselves to teach students in a new style of learning math to prepare them for more rigorous education standards under Common Core.

    Controversy around Common Core hasn't stopped companies like Pearson, McGraw-Hill and Apple from cashing in on huge education contracts.