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The proposed acquisition of Global Crossing (GLBC) by Level 3 Communications (LVLT) is big news in the networking world, and beyond. Among those with plenty of reason to be thrilled with the deal: Global Crossing Chief Executive John J. Legere and his immediate lieutenants. Top executives typically make out well when it comes to dealmaking, but [...]
Proxy season is still in full bloom, and one of the filings we’re always eager to read is the one filed by footnoted perennial Martha Stewart Living Omnimedia, Inc. (MSO). In the past, Martha’s proxies and other filings have made for some pretty unforgettable reading. There was this post (about the company’s agreement to pay [...]
Krispy Kreme Doughnuts (KKD) holds a special place here at footnoted, and not just because of their signature melt-in-the-mouth-sugary glazed doughnuts (sickeningly delicious as those are). The Winston-Salem, N.C., purveyor of fried dough was an early subject of these pages, and has popped up regularly since — it looks like this post will take its [...]
Theoretically, J. Crew Group, Inc. (JCG) is entertaining takeover offers from other suitors until 11:59 p.m. on Jan. 15, 2011; a minute later, and it agrees to tie the knot with private equity fund TPG Group Holdings Advisors, Inc. and affiliates of private equity firm Leonard Green. But that doesn’t mean that all suitors are equally [...]
News that Megamind was the #1 movie this past weekend with ticket sales of $47.7 million may ameliorate shareholders’ reaction to the disclosure that DreamWorks Animation SKG, Inc. (DWA) just handed out bonuses worth $17.55 million. Of course, in this case, we’re not talking about Megamind and Metro Man, but characters better known as Jeffrey [...]
