http://moneyandfinance.theamericanmind.com/2006/12/qantas-goes-private/ Business and Finance News Thu, 11 Dec 2008 15:03:17 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://moneyandfinance.theamericanmind.com/2006/12/qantas-goes-private/comment-page-1/#comment-180 TAM Money and Finance » Private Equity Firms Getting Attention They Don’t Want Thu, 08 Feb 2007 02:49:33 +0000 http://moneyandfinance.theamericanmind.com/2006/12/13/qantas-goes-private/#comment-180 [...] Private equity firms would just like to raise billions, buy companies, pay off the debt, and sell the companies without the distractions from newspapers, interest groups, and–yes–weblogs. Unfortunately for them when they amass huge sums of money and buy anything from Australia’s Qantas to the Minneapolis Star Tribune to Burger King you’re going to get noticed. Even more attention will be drawn to the industry if Bain Capital founder Mitt Romney stakes a firm claim to the 2008 GOP Presidential nomination. [...] [...] Private equity firms would just like to raise billions, buy companies, pay off the debt, and sell the companies without the distractions from newspapers, interest groups, and–yes–weblogs. Unfortunately for them when they amass huge sums of money and buy anything from Australia’s Qantas to the Minneapolis Star Tribune to Burger King you’re going to get noticed. Even more attention will be drawn to the industry if Bain Capital founder Mitt Romney stakes a firm claim to the 2008 GOP Presidential nomination. [...]

]]> http://moneyandfinance.theamericanmind.com/2006/12/qantas-goes-private/comment-page-1/#comment-8 TAM Money and Finance » Texas Pacific Gets into Casino Business Wed, 20 Dec 2006 05:05:03 +0000 http://moneyandfinance.theamericanmind.com/2006/12/13/qantas-goes-private/#comment-8 [...] Texas Pacific still had a few billion burning a hole in its pocket. The private equity firm strikes again joining Apollo Management to buy Harrah’s for a deal, including debt, worth $27.8 billion. You can do big deals like buying part of Sabre, Qantas, and now Harrah’s if you raised $15 billion in the world’s second-largest buyout fund. [...] [...] Texas Pacific still had a few billion burning a hole in its pocket. The private equity firm strikes again joining Apollo Management to buy Harrah’s for a deal, including debt, worth $27.8 billion. You can do big deals like buying part of Sabre, Qantas, and now Harrah’s if you raised $15 billion in the world’s second-largest buyout fund. [...]

]]>