Search: del monte

Del Monte Decision Grows Roots

April 12, 2011

I’ve posted  about the investment bankers’ double payout in the Del Monte merger.  Shareholders are now trying to seize on that decision for a beneficial result in the Bank of America/Merrill Lynch merger litigation. Shareholders and their attorneys are creative, and will cite the Del Monte decision often from now on.  Delaware courts, however, usually […]

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Del Monte Merger Update

March 25, 2011

After posting a couple times about the Del Monte deal, the Delaware Corporate and Commercial Litigation Blog noticed and wrote a great article about how the merger was briefly halted because of the shenanigans involving the investment bankers, as explained here.

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Del Monte Buyout Financed with Cheap Debt

March 7, 2011

I’ve posted before about the Del Monte buyout by KKR, but Bloomberg’s recent story about how the deal was financed is nearly as interesting.  KKR’s hostile takeover artist Henry Kravis bragged about how easy it was to fund the buyout: “It’s probably the most attractive financing that we’ve ever done,” Kravis said in a speech […]

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Why is a Lawsuit Filed for Every Deal? See Below. Part II

February 18, 2011

Earlier, I posted about how lawsuits are filed for every public deal, and that evidence showed that companies that went private filed for IPOs that eventually reaped large benefits for management.  Now, if mergers are marriages, then the matchmakers are the large investment banks.  The investment banks are constantly trolling for possible deals (or in […]

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