Topic
Cerberus
46 published works
M & A Law Prof Blog
TPG (Is Not) Big in Japan
Texas Pacific Group's $560 million offer for a controlling interest in JVC, the Japanese consumer electronics company, is struggling to obtain the necessary debt financing from banks. But don't take…
Securities Law Prof Blog
Perspectives on the Past Week’s News
The big news this week is Cerberus's winning bid to take Chrysler off the hands of Daimler Chrysler by purchasing a 80.1% interest. Daimler Chrysler is so relieved to undo…
M & A Law Prof Blog
DaimlerChrysler’s Information Gap
DaimlerChrysler AG, is a German company, and though it is listed on the New York Stock Exchange it is governed by more-relaxed SEC rules governing "foreign private issuers". We are…
Labor Law Prof Blog
Chrysler and the UAW
The New York Times has a story on the UAW's interesting stance on the proposed purchase of Chrysler by Cerberus, a private equity firm. Ron Gettelfinger, the UAW president, had…
Securities Law Prof Blog
More on Chrysler-Cerberus Deal
Cerberus' acquisition of an 80.1% interest in Chrysler is being called a "watershed" event. It provides further evidence that there is no limit to private equity's power to take over…
Securities Law Prof Blog
Daimler Will Meet with Some Bidders for Chrysler
A DaimlerChrysler executive will meet this week in New York with three groups that are bidding for Chrysler -- Blackstone Group, Cerberus, and Magna International. He is apparently not meeting…