Saturday, 20 September 2014
Last updated 1 day ago
Jan 30 2013 | 2:39pm ET
A pair of private equity firms is set to buy some of Hostess Brands' most iconic snack cakes out of bankruptcy.
Apollo Global Management and Metropoulos & Co. will be named the stalking-horse bidders for the brand yesterday. A deal could be announced at any time.
Among the brands the two firms are to buy are Twinkies, Hostess cupcakes, Dolly Madison bread and Donettes.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.