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"They offload Apple's tax burden onto other taxpayers – in particular, onto working families and small businesses. The lost tax revenue feeds a budget deficit that has reached troubling proportions, and has helped lead to round after round of budget slashing and the ill-advised sequestration now threatening our economic recovery."-- Sen. Carl Levin (D-Mich.)"Tell me one of these politicians up here that doesn't minimize their taxes. Tell me a chief financial officer that you would hire if he didn't try to minimize your taxes legally. Tell me what Apple has done that is illegal."I am offended by a government that uses the IRS to bully groups such as the Tea Party but I am also offended by a government that convenes a hearing to bully one of American's success stories."I am offended by the 'spectacle' of dragging in here executives from an American company that is not doing anything illegal. If anyone should be on trial here, it should be Congress."I frankly think the Committee should ap...
After backing off from a potential bidding war over Dell (NASDAQ:DELL), billionaire investor Carl Icahn reportedly plans to join forces with the PC maker's largest o...
Energy Future Holdings Corp.'s first-quarter loss widened as the privately held power giant was hurt by an increase in natural-gas hedging losses.The company, former...
Apax Partners Ltd. has purchased more than $800 million in debt of Cengage Learning Inc., which it owns, putting it in a position to potentially maintain control of ...
Private equity firm KKR & Co LP said on Thursday it will share 40 percent of profits from its own investments with shareholders and reported quarterly earnings that ...
Italy's iconic fashion brand Gucci said Tuesday it might enter the luxury tableware market next year, after acquiring historic tableware brand Richard Ginori and sav...
Blackstone Group (BX) said it will acquire Credit Suisse's (CS) secondary private-equity business that was put up for sale at the end of last year partly due to guid...
Carl Icahn is unlikely to follow through on a preliminary offer he made last month to take control of Dell Inc. (DELL), and will instead consider a potential hostile...
The three-way bidding war over Dell (NASDAQ:DELL) appears to be all but dead.After private-equity giant Blackstone Group (NYSE:BX) revealed plans to abandon a bid to...
Blackstone Group LP has ended its efforts to acquire Dell Inc. less than a month after saying it would try to top a rival leveraged buyout bid, according to a report...
Japan's Softbank has kicked Barclays (NYSE:BCS) off its Sprint Nextel (NYSE:S) financing team, just days after it was revealed the U.K. bank has signed up as the lea...
Billionaire investor Carl Icahn has agreed to limit his investment in Dell Inc and in return can team up with other shareholders on a potential bid for the personal ...
Texas power company Energy Future Holdings, formerly known as TXU Corp, has proposed a prepackaged bankruptcy that would restructure $32 billion of debt, but no deal...
For the second time in a week, the special committee running Dell's (NASDAQ:DELL) buyout process fired off a letter to billionaire Carl Icahn on Monday that requeste...
The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion...
Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a...
Private equity firm Warburg Pincus raised $11.2 billion for its latest fund, one of the largest private equity funds since the global financial crisis.The New York-b...
Carlyle Group LP and China-focused private-equity firm FountainVest Partners are set to be the two biggest shareholders in Focus Media Holding Ltd. after the adverti...
Southeastern Asset Management Inc. and investor Carl Icahn are talking about teaming up to nominate directors to the Dell Inc. board as part of an effort to derail t...
In one of the largest leveraged buyouts of the year, a group of private-equity firms unveiled on Monday a $6.9 billion takeover of IT management solutions company BM...
