The News Review:
- Cerberus to Give Up Chrysler Auto Equity for Loans
- Activist defends his lease tactics
- Leicester University School of Management
- Harvard Endowment Managers Made $26.8 Million
- Independent Special Committee Supports Premier Management
Cerberus to Give Up Chrysler Auto Equity for Loans
Bloomberg
19 (Bloomberg) — Cerberus Capital Management LP thebuyout firm that owns Chrysler LLC plans to hand over equity inthe company?s automotive operations to workers and creditors aspart of its emergency loan lifeline from the U. ?Cerberus believes that concessions by all relevantconstituencies will be required to facilitate a fullrestructuring and recapitalization of Chrysler? the New York-based firm said in an e-mailed statement today. Cerberus bought80.
Related from Rizzicreations: Auto industry gets a short-term fix
Activist defends his lease tactics
Deseret News UT
— and continued throughout the day. DeChristopher was thrust into the public spotlight Friday for wreaking havoc during an auction for oil and gas drilling leases in Utah. At the event at the Bureau of Land Management building in downtown Salt Lake City DeChristopher saw an opportunity to become the critical activist he and others in the environmental movement had been waiting for. “I started by running up other people’s prices” said DeChristopher 27 a senior in economics at the University of Utah. “Then I realized I could have a bigger impact. During an interview Saturday with the Deseret News DeChristopher explained that his activism and involvement in environmental issues had been building for years after he first realized the need for a more critical stance from the public and their officials. DeChristopher moved to Utah three years ago for a job in wilderness therapy but he has maintained an interest in environmental issues his whole life he said.
Leicester University School of Management
Independent UK
History: Built on a greenfield site as part of the University of Leicester in 1989. Has since expanded to become one of Europe’s largest providers of postgraduate management education in the UK with more than 8000 students. Address: Located just a mile from the city centre. Ambience: The school has its own purpose-built six-storey base on the university campus the Ken Edwards Building which opened in 1995. It has up-to-date lecture theatres computer facilities and study and seminar rooms. Vital statistics: Emphasises research and teaching.
Harvard Endowment Managers Made $26.8 Million
New York Times United States
8 million for the fiscal year ended June 30. The amount included $921000 for the former chief executive Mohamed El-Erian who left in the middle of the fiscal year and returned to the Pacific Investment Management Company. The value of the endowment at the end of fiscal 2008 was $36.
Independent Special Committee Supports Premier Management
MSNBC
Geller’s resignation and threatening to conduct a solicitation process to elect directors to the Board who would support Sellers’ plans if Mr. Geller refused to resign. In an effort to avoid a “war of words” and the expense and potential disruption of Premier’s management and strategic direction that would be caused by a change in CE at this time the Board of Directors and Mr. Geller diligently sought in the weeks that followed to address Sellers’ concerns and offered to meet with Sellers for the purpose of negotiating a compromise position. Despite Premier’s efforts Sellers commenced a contest for control of Premier with the filing of a dissident’s consent solicitation statement (“Dissident’s Statement”) in which Sellers asks Premier’s shareholders to elect four (4) new directors nominated by Sellers to fill existing vacancies on the current Board with the intent of terminating Mr. Geller’s employment. Story continues below ?advertisement |.