Ron Burkle might be barred from making an official $8-per-share offer for Morgans Hotel Group ( MHGC -2.8% ), sources tell the New
(Reuters) - Shares of bookseller Barnes & Noble Inc fell as much as 12 percent on Thursday after its second-largest shareholder, billionaire investor Ron Burkle 's Yucaipa Cos, said two of its funds...
time, as there is no assurance that the proposal will result in a transaction. One remaining wild card is the reaction of Ron Burkle (Yucaipa) and Aletheia, which collectively still own more than 20% of the firm. We wonder if $17 per share will be enough
itself as one entity rather than in parts, sources said. The three suitors only bid for sections of the company, whereas Ron Burkle 's Yucaipa, industrialist Len Blavatnik and private-equity firm Platinum Equity were among those that bid for the whole
kicking himself. The chairman -- and largest shareholder -- of Barnes & Noble ( BKS ) rebuffed a takeover last summer from Ron Burkle of Yucaipa Investments for a reported $20 a share. At the time, I thought any buyer of the beleaguered bookseller would
NEW YORK (Reuters) - U.S. boutique hotel operator Morgans Hotel Group on Monday named billionaire investor Ron Burkle to its board and said board member Michael Gross would become its new chief...
board has been reviewing strategic alternatives since early August, the company recently endured a messy proxy contest with Ron Burkle and Althea, the digital push is costing more than previously anticipated, and the physical bookselling business remains
bought a salt plant there and one of my cousins had a management position with Gould’s company. Gould was the Carl Icahn/ Ron Burkle of his day and ironically, his core business was the railroad business. He owned peripheral businesses which could somehow
board of directors has temporarily left the door open for future proposals. There is a chance that the team of Eli Broad and Ron Burkle might seize the window of opportunity to increase its bid for Tribune. At this point, though, we don't expect any new
directors has left the door open to other proposals, which provides an outside chance that Los Angeles businessmen Eli Broad and Ron Burkle or others could counter. We'll watch the situation closely and provide more insight into Zell's offer as we digest its