0
votes
USA
Sanjeev Narula to sell debt-ridden Lilliput
reply
... Bain Capital and TPG, will sell the brand and its retail assets, along with his two estranged partners. "I have no option but sell," said Narula who holds majority stake in the company. "The company can't service the debt any more,'' he added.
http://economictimes.indiatimes.com/news/news-by-industry/cons-products/garments-/-textiles/new-article/articleshow/11983235.cms
http://economictimes.indiatimes.com/news/news-by-industry/cons-products/garments-/-textiles/new-article/articleshow/11983235.cms
Posted on: February 22, 2012 at 1:07 am
0
votes
USA
Bain Capital Turned Down Chance to Invest in GM
reply
In Jaunary, CNBC reported a Bain & Company employee advised the auto task force on closing some dealerships in November 2009. (The company initially denied the report, before admitting it was true.) That is an uncomfortable fact for Romney, ...
http://www.theatlanticwire.com/politics/2012/02/bain-capital-turned-down-chance-invest-gm/48909/
http://www.theatlanticwire.com/politics/2012/02/bain-capital-turned-down-chance-invest-gm/48909/
Posted on: February 21, 2012 at 1:05 am
0
votes
USA
Petroff to assist Romney campaign
reply
When Petroff, now a state representative for Jackson, was running a Domino's Pizza location here in the late 1990s, the company was bought by Bain Capital, a venture capital firm that was run by Romney for about 15 years. The Republican said Bain built ...
http://www.jhnewsandguide.com/article.php?art_id=8263
http://www.jhnewsandguide.com/article.php?art_id=8263
Posted on: February 20, 2012 at 1:05 am
0
votes
USA
Private Equity Gears Up For PR And Lobbying Blitz
reply
"Romney and Bain upended the company and gutted the workforce," a narrator said in the video, referring to one company that Bain took over. "Now they were ready to make a handsome profit." "There's a shortage of good stories about regular private ...
http://www.huffingtonpost.com/2012/02/18/private-equity-public-relations-lobbying_n_1284604.html?ref=business
http://www.huffingtonpost.com/2012/02/18/private-equity-public-relations-lobbying_n_1284604.html?ref=business
Posted on: February 19, 2012 at 1:05 am
0
votes
USA
WBENC honors Ford as a top corporation working with women-owned businesses
reply
By Don Bain on Fri, 02/17/2012 - 17:44 for Torque News The Women's Business Enterprise Council has named Ford as one of America's top corporations thanks to its work with women-owned suppliers, a significant accomplishment as they are the first ...
http://www.torquenews.com/397/wbenc-honors-ford-top-corporation-working-women-owned-businesses
http://www.torquenews.com/397/wbenc-honors-ford-top-corporation-working-women-owned-businesses
Posted on: February 18, 2012 at 1:06 am
0
votes
USA
The changing face of luxury fashion
reply
Last year menswear spending grew 14% globally, according to consultancy firm Bain & Company. "The luxury industry has always been a little bit counter-cyclical," Arnault says. "There's no real strategy behind it, I just feel it's a time where quality ...
http://edition.cnn.com/2012/02/16/business/antoine-arnault/index.html
http://edition.cnn.com/2012/02/16/business/antoine-arnault/index.html
Posted on: February 17, 2012 at 1:05 am
0
votes
USA
Romney shines unwanted light on fund tax breaks
reply
Not only do private equity funds not want to be tarred by accusations that Bain and Romney have been destroyers of companies and jobs, they also don't like the attention that the attacks on Bain are bringing to carried interest.
http://www.reuters.com/article/2012/02/15/us-usa-taxes-bain-idUSTRE81D1Y120120215
http://www.reuters.com/article/2012/02/15/us-usa-taxes-bain-idUSTRE81D1Y120120215
Posted on: February 16, 2012 at 1:05 am
0
votes
USA
Romney shines unwanted light on fund tax breaks
reply
Not only do private equity funds not want to be tarred by accusations that Bain and Romney have been destroyers of companies and jobs, they also don't like the attention that the attacks on Bain are bringing to carried interest.
http://www.reuters.com/article/2012/02/14/us-usa-taxes-bain-idUSTRE81D1Y120120214
http://www.reuters.com/article/2012/02/14/us-usa-taxes-bain-idUSTRE81D1Y120120214
Posted on: February 15, 2012 at 1:07 am
0
votes
USA
Was Science Sidelined in Cigarette Debate?
reply
It was instructive to be reading Golden Holocaust, Robert N. Proctor's new history of the tobacco industry, during the recent debates over Mitt Romney's leadership of Bain Capital. Bain made some of its money by closing unprofitable companies that it ...
http://www.huffingtonpost.com/barron-h-lerner/cigarettes-ban_b_1273818.html?ref=books&ir=Books
http://www.huffingtonpost.com/barron-h-lerner/cigarettes-ban_b_1273818.html?ref=books&ir=Books
Posted on: February 14, 2012 at 1:06 am
0
votes
USA
John Backus: Mitt Romney's winning formula
reply
I worked at Bain & Co. and Bain Capital during Romney's tenure and will cast my vote in Virginia. From my vantage point, there continues to be confusion about the definition of private equity and venture capital, the distinction between the two, ...
http://www.washingtonpost.com/business/capitalbusiness/john-backus-mitt-romneys-winning-formula/2012/02/09/gIQANBwR9Q_story.html
http://www.washingtonpost.com/business/capitalbusiness/john-backus-mitt-romneys-winning-formula/2012/02/09/gIQANBwR9Q_story.html
Posted on: February 13, 2012 at 1:05 am
0
votes
USA
To express love or to be on to a good thing
reply
On the business front, our love for gifts has literally saved many luxury brands. A recent study quotes Bruno Lannes, head of Bain & Company's consumer products and retail practice in Greater China, as saying: "In less than five years, ...
http://www.chinadaily.com.cn/cndy/2012-02/11/content_14582190.htm
http://www.chinadaily.com.cn/cndy/2012-02/11/content_14582190.htm
Posted on: February 11, 2012 at 1:19 am
0
votes
USA
Former bank employee sentenced to 30 months for making false bank entry
reply
A former Branch Banking and Trust Company (BB&T) employee was sentenced recently to 30 months in prison by United States District Judge John T. Copenhaver, Jr. for making a false bank entry. Bonnie J. Bain, 60 years of age, previously pleaded guilty in ...
http://westmorelandtimes.com/news/2012/02/former-bank-employee-sentenced-to-30-months-for-making-false-bank-entry-09021208172501/
http://westmorelandtimes.com/news/2012/02/former-bank-employee-sentenced-to-30-months-for-making-false-bank-entry-09021208172501/
Posted on: February 10, 2012 at 1:05 am
0
votes
USA
Romney's Returns Refute His Tax Argument: David Abromowitz
reply
Simply put, all of the investments made by Bain Capital LLC, the private-equity company Romney cofounded in 1984 and ran until 1999, occurred when capital-gains rates were much higher than they are today. Yet Bain consistently attracted massive amounts ...
http://www.bloomberg.com/news/2012-02-09/romney-s-returns-refute-his-tax-argument-commentary-by-david-abromowitz.html
http://www.bloomberg.com/news/2012-02-09/romney-s-returns-refute-his-tax-argument-commentary-by-david-abromowitz.html
Posted on: February 9, 2012 at 1:06 am
0
votes
USA
A Secret Donor Revealed
reply
The new filing no longer mentions Glenbrook and instead lists two donations of $125000 each by Jesse Rogers, the co-founder of a private equity firm in Palo Alto, Calif., and a former executive at Bain & Company, and his wife, Melinda.
http://thecaucus.blogs.nytimes.com/2012/02/07/a-secret-donor-revealed/
http://thecaucus.blogs.nytimes.com/2012/02/07/a-secret-donor-revealed/
Posted on: February 8, 2012 at 1:05 am
0
votes
USA
HCA Earnings Soar on Gain
reply
The payout is a boon to private equity holders Bain Capital and KKR & Co., which combined hold roughly 40% of outstanding HCA shares following the company's initial public offering in March 2011, according to FactSet Research. HCA shares still trade at ...
http://online.wsj.com/article/SB10001424052970204369404577207022399781612.html
http://online.wsj.com/article/SB10001424052970204369404577207022399781612.html
Posted on: February 7, 2012 at 1:05 am
0
votes
USA
Bain Capital's Atlanta forays
reply
Bain Capital's local investment efforts include at least a half-dozen takeover attempts or other deals over the past two decades. During Romney's tenure as chief executive (from 1984-1991 and again from 1992-1999), a Bain-owned company tried ...
http://www.ajc.com/business/bain-capitals-atlanta-forays-1331588.html
http://www.ajc.com/business/bain-capitals-atlanta-forays-1331588.html
Posted on: February 6, 2012 at 1:05 am
0
votes
USA
Clear Channel to break into TV with Seacrest
reply
In a separate deal, Clear Channel's majority investors, Thomas H. Lee Partners and Bain Capital, are committing $300 million combined to work with Seacrest's company to identify, acquire and develop innovative media companies.
http://www.dailyherald.com/article/20120204/business/702049979/
http://www.dailyherald.com/article/20120204/business/702049979/
Posted on: February 5, 2012 at 1:06 am
0
votes
USA
Private-Equity Rallies Around Mitt Romney's Dodd-Frank Cure
reply
Then they gathered inside for a half-hour speech by Romney, whose years of buying and selling companies for Bain Capital LLC left him with a worth of as much as $250 million and a natural rapport with the crowd. “It's kind of hard for Romney to come ...
http://news.businessweek.com/article.asp?documentKey=1376-LYSLWX1A1I4H01-3TVF9UE59UDV69R71TRBDFGTDG
http://news.businessweek.com/article.asp?documentKey=1376-LYSLWX1A1I4H01-3TVF9UE59UDV69R71TRBDFGTDG
Posted on: February 4, 2012 at 1:05 am
0
votes
USA
Private Equity Partners Rally Around Romney as the Antidote to Dodd-Frank
reply
Then they gathered inside for a half-hour speech by Romney, whose years of buying and selling companies for Bain Capital LLC left him with a worth of as much as $250 million and a natural rapport with the crowd. “It's kind of hard for Romney to come ...
http://www.bloomberg.com/news/2012-02-03/private-equity-partners-rally-around-romney-as-the-antidote-to-dodd-frank.html
http://www.bloomberg.com/news/2012-02-03/private-equity-partners-rally-around-romney-as-the-antidote-to-dodd-frank.html
Posted on: February 3, 2012 at 1:05 am
0
votes
USA
Bain Capital, Romney's Former Firm, To Invest In Ryan Seacrest Media
reply
No, Romney's recent singing performance hasn't landed him a spot on the FOX talent show, but it looks like his former employer has taken a keen interest in the business dealings of Idol's host. Private-equity investment companies Bain Capital LLC, ...
http://www.huffingtonpost.com/2012/02/01/bain-capital-ryan-seacrest-media_n_1245343.html
http://www.huffingtonpost.com/2012/02/01/bain-capital-ryan-seacrest-media_n_1245343.html
Posted on: February 2, 2012 at 1:05 am
0
votes
USA
Ryan Seacrest's Company Gets $300 Million From THL Partners, Bain Capital
reply
The production company will remain independent and majority-owned by Seacrest, according to today's statement. Clear Channel Chief Executive Officer Bob Pittman, THL Managing Director Richard Bressler and Bain Capital Managing Director Ian Loring will ...
http://www.bloomberg.com/news/2012-01-31/ryan-seacrest-s-company-gets-300-million-from-thl-partners-bain-capital.html
http://www.bloomberg.com/news/2012-01-31/ryan-seacrest-s-company-gets-300-million-from-thl-partners-bain-capital.html
Posted on: February 1, 2012 at 1:06 am
0
votes
USA
AMR Workers Union Hits the Campaign Trail
reply
By Stephanie Gleason Members of the Transportation Workers Union of America have hit the campaign trail in Florida to protest the hiring of Bain & Co., the consulting arm of the private equity firm co-founded by Republican presidential candidate Mitt ...
http://blogs.wsj.com/bankruptcy/2012/01/30/amr-workers-union-hits-the-campaign-trail/?mod=google_news_blog
http://blogs.wsj.com/bankruptcy/2012/01/30/amr-workers-union-hits-the-campaign-trail/?mod=google_news_blog
Posted on: January 31, 2012 at 1:05 am
0
votes
USA
Axelrod: Solyndra loan nothing like Romney's work at Bain Capital
reply
“Where you buy a company, load it down with debt, strip it down, let it go bankrupt and then make money off of fees on the bankruptcy. That's quite different. That's a different approach.” Romney's business experience at venture-capital firm Bain ...
http://thehill.com/video/campaign/207265-axelrod-solyndra-loan-nothing-like-romneys-work-at-bain-capital
http://thehill.com/video/campaign/207265-axelrod-solyndra-loan-nothing-like-romneys-work-at-bain-capital
Posted on: January 30, 2012 at 1:05 am
0
votes
USA
Domino's delivered for Bain
reply
By Beth Healy Scott Gries/Domino's Pizza, via AP In 1998, Bain Capital, led by Mitt Romney, bought Domino's for $1.1 billion, investing $385 million in cash and borrowing the rest. Thomas Monaghan (on left) founded the company in 1960.
http://bostonglobe.com/business/2012/01/29/domino-delivered-for-bain-capital/kyMA0fIwPYvg2pa0UK1UfI/story.html
http://bostonglobe.com/business/2012/01/29/domino-delivered-for-bain-capital/kyMA0fIwPYvg2pa0UK1UfI/story.html
Posted on: January 29, 2012 at 1:05 am
0
votes
USA
Why Can't Mitt Romney Defend His Bain Tenure?
reply
A good place to start would be his rescue of Bain & Company, where he began his career, and returned as CEO in 1991 when the firm was near collapse. Looking to cash out, Bain's senior partners had sold their interest to the junior ones, ...
http://www.businessweek.com/politics-policy/joshua-green-on-politics/archives/2012/01/why_cant_mitt_romney_defend_capitalism.html
http://www.businessweek.com/politics-policy/joshua-green-on-politics/archives/2012/01/why_cant_mitt_romney_defend_capitalism.html
Posted on: January 28, 2012 at 1:06 am