DealBook

The billionaire financier Carl C. Icahn is not exactly thrilled that a former chief executive is considering a bid for Yahoo.
Indeed, Mr. Icahn told CNBC on Wednesday that he would be opposed to a...

It looks like equity analysts may have more power these days over the fate of chief executives following the adoption of rules instituted to assure analysts’ independence.
An academic study found ...

From Sewell Chan at City Room:
Eliot Spitzer, disgraced former governor of New York, has a new calling: online commentator.
At 5:59 p.m. today, Slate, the online magazine, published the first of w...

The Carlyle Group, the big private equity firm, said Wednesday that it was cutting about 100 jobs, or 10 percent of its work force, citing “extraordinary market conditions.”
The Washington-based f...

Management and senior employees of Lehman Brothers’s Neuberger Berman unit was selected as the winning bidder of the money manager after an all-day auction, a person briefed on the matter told Dea...

Bally Total Fitness, the gym operator controlled by the hedge fund Harbinger Capital Partners, filed for bankruptcy protection on Wednesday for the second time in less than two years, hindered by ...

The lead outside director at the General Motors Corporation said Wednesday that bankruptcy was not a “viable approach” to saving the troubled auto giant, and pinned G.M.’s hopes for survival on ge...

Fortress Investment Group is closing the gates on investors seeking to pull billions of dollars out of one of its flagship hedge funds.
Fortress, a private equity and hedge fund firm led by Wesley...

The private equity firms Bain Capital Partners and Hellman & Friedman are facing competition after all in their bid for Lehman Brothers’ investment management business.
Two other bidders have emer...

Here’s yet another ripple effect of the deal bust: Demand for many kinds of deal toys — otherwise known as Lucites or tombstones — is taking a hit.
Investment Dealers’ Digest takes advantage of th...