Tag Archives: Goldman Sachs

Dropbox Raises A Few Million Ahead Of Reported IPO

Dropbox conducts private placement; raises cash ahead of purported IPO. Dropbox has been one of the more anticipated IPO candidates for a while.  Rumor has it that rival Box beat it to the punch with a confidential IPO filing after … Continue reading

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Warren Buffett Exercises TARP-Era Warrants For Shares Of Goldman Sachs

How to make billions out of nothing. Back in April, we told you how Warren Buffett’s crisis-era deal with Goldman Sachs included warrants to purchase $5 billion worth of shares, and those warrants were amended to provide for net exercise.  … Continue reading

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Relational Investors Gets Results v.2.0: Timken Announces Spinoff

Spinoffs and retirements to follow. We have been following the Timken saga since late last year. As you recall, Underdisclosed.com favorite Relational Investors, along with CalSTRS, has been harassing Timken Co. to separate its steel and ball bearing business.  They … Continue reading

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Aramark Files for IPO

Aramark does more than give you a burger and soda at the game or hospital cafeteria, its mission is to “Deliver experiences that enrich and nourish lives.” In January 2007, ARAMARK Corp. completed its merger, pursuant to which GS Capital … Continue reading

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Facebook Consolidates Its Credit Arrangements, Gets Flexible In Use Of Funds

Showing the opposite trajectory of Zynga, Facebook amended its credit arrangements with its bankers to provide additional flexibility in its use of the proceeds of the loans. The updated credit agreement provides for up to $6.5 billion in loans, and … Continue reading

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Zynga Downsizing Includes Its Credit Facility

As Zynga downsizes its workforce and operations, it also downsizes its credit facility with Morgan Stanley, Goldman Sachs and JPMorgan. As Zynga has faced some problems in its business, it had to make some changes, including “substantial cost reductions, including … Continue reading

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Relational Investors Gets Results: Timken Hires Goldman Sachs To Review Whether Timken Should Break Off Business Units

Breaking up is hard to do, but Timken will take a look anyway. We have followed the saga of Relational Investors’ and CalSTRS’ attempt to get Timken Co. to separate its steel and ball bearing businesses. There are now reports … Continue reading

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How to Get $1.2 Billion of Goldman Sachs Shares Without Really Trying (err, Paying)

Warren Buffett’s Berkshire Hathaway and Goldman Sachs revise terms of warrants to provide for cashless exercise. When everyone thought the financial world was crumbling and threatening to suck Goldman Sachs down along with it, Warren Buffett stepped up to the … Continue reading

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