KKR preparing up to six companies for IPOs-report
LONDON, July 31 (Reuters) – Private equity firm Kohlberg
Kravis Roberts & Co [KKR.UL] is preparing up to six companies
for initial public offerings (IPOs) in the next year, the
Financial Times reported in its Saturday edition.
U.S. economy shrinks modestly
WASHINGTON (Reuters) – The deepest U.S. recession since the Great Depression showed signs of easing in the second quarter, buttressing hopes for a second-half recovery, though it may be anemic as consumers are still strapped for cash.
Frontier deal could create risks for Southwest
NEW YORK (Reuters) – Southwest Airlines Co’s bid for bankrupt Frontier Airlines could reignite growth at the airline, but questions remain about how smoothly the famously no-frills company can integrate the two carriers.
UPDATE 2-Colonial ends TBW deal, raises going-concern doubts
* Terminates $300 mln stock purchase agreement with TBW
House panel votes to ban "pay to delay" drug deals
WASHINGTON (Reuters) – A U.S. House of Representatives committee voted on Friday to ban deals in which drug companies pay generic firms to delay bringing out a cheaper, copycat version of a drug.
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