AT&T said Monday it agreed to sell a majority stake in its Yellow Pages business to the private-equity firm Cerberus Capital for $950 million. Read More
In its bid to shave costs, Sears is reported to be shopping its Land’s End brand, but there’s a catch, the retailer wants to still sell Land’s End items in its stores. Read More
If you think that private equity fund managers are under-taxed because carried interest is considered a capital gain rather than income, you should probably also advocate higher taxes for the founders of companies. Read More
As venture capital and private equity continue to make news headlines, some entrepreneurs may find it challenging to distinguish fact from fiction. Read More
San Francisco’s Warren Hellman, a pioneer of private equity and co-founder of Hellman & Friedman, died on Sunday night. A man who came from wealth and gave much of it away, Hellman did not take himself too seriously. Read More