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Business | 2007 | Jun | 28


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GM spokesman Melisa Tezanos said human resources matters are still under discussion
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
47
Lawrence Dewey, president of GM's Allison operation, will stay with the new owner as the chief executive of the business
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
41
The equity investment of approximately $1.5 billion will be split equally between Onex and The Carlyle Group
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
39
Wonga, the UK-based small lending site, has announced its first round of investment for $6 million, led by Balderton Capital (formerly Benchmark Capital Europe)
Jun 28 '07 -Business- www.mashable.com -capital,funding,wonga
38
General Motors expects to complete the sale by October
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
37
Onex Corp.of Toronto and Carlyle Group of Washington, D.C., agreed today to buy the 3,400-employee business from General Motors for $5.575 billion
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
34
The companies did not disclose who would be responsible for pension obligations
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
33
Allison Transmission's new owners say they intend to keep the head office in Indianapolis, hire more salaried employees and increase exports
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
32
The company's production facility in Baltimore will remain with GM. The company, headquartered in Speedway, employs 3,400 and generates revenues of $2 billion annually through sales of transmissions in North America, South America, Europe, Africa and Asia
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
32
Industry analysts expects the pension plan bankrupt auto-parts maker Delphi works out with the United Auto Workers union and General Motors will be the model for the plan at Allison
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
29
The transaction is subject to regulatory approvals and closing is anticipated in the third quarter of this year
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
28
Blackstone Chief Executive Stephen Schwarzman reaped $667 million in the IPO and retains 23% ownership of the management company--the largest individual holding
Jun 28 '07 -Business- www.forbes.com -ipo,offering,headed
28
But four months later, shares had climbed out of a hole, rising above the $25 offering price
Jun 28 '07 -Business- www.forbes.com -ipo,offering,headed
28
Another winner is Senior Chairman Pete Peterson, who cashed out $1.88 billion and plans to retire from the firm by the end of next year.
Jun 28 '07 -Business- www.forbes.com -ipo,offering,headed
25
Shares of the company, which is arguably the most anticipated IPO of this year, are down 13% from their $35.06 close on the first day of trading June 22, and are now below the $31 offering price
Jun 28 '07 -Business- www.forbes.com -ipo,offering,headed
25
Two years ago, Lazard went public in a highly anticipated stock offering that went stale the minute it started trading
Jun 28 '07 -Business- www.forbes.com -ipo,offering,headed
25
That's what Wall Street calls a busted IPO, though clearly there must have been winners who got in at $31 and sold at $35 before the stock headed down
Jun 28 '07 -Business- www.forbes.com -ipo,offering,headed
25
The sale agreement covers substantially all of Allison, including multiple manufacturing facilities in the Indianapolis area and distribution network and sales offices
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
25
Onex and Carlyle officials said they will add more engineers, lawyers, finance and administrative employees
Jun 28 '07 -Business- www.indystar.com -allison,gm,carlyle
24
Is Blackstone Group's (nyse: BX - news - people ) IPO headed for the same fairy tale ending
Jun 28 '07 -Business- www.forbes.com -ipo,offering,headed
21
Other services related to finance include Geezo, Obopay, Prosper and Fygo.
Jun 28 '07 -Business- www.mashable.com -capital,funding,wonga
13
Also participating in this round is Betfair and Setanta, and the Accelerator Group, which specializes in early stage technology funding
Jun 28 '07 -Business- www.mashable.com -capital,funding,wonga
12
Your web site is helpful, very nicely done
Jun 28 '07 -Business- www.findproducthere.info -nicely,helpful,web

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