firma

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Latest blogosphere posts tagged “firma”

• When Does The New Year Start On The International Space Station?

  
  autotechie.com — Authority: 161
  If you’re on terra firma, it’s pretty obvious when you need to grab your make-out partner. But how, Slate’s Explainer asks, do you know when to celebrate “when you’re hurtling through time zones at 17,500 miles [28,164km] per hour?” (more…) Continued here:  When Does The New Year Start On The ...
  3 days ago

• Guy Hands Calls for Break-up of Big Banks

  
  DealBook — Authority: 754
  Guy Hands, the founder of private equity firm Terra Firma Capital Partners, called for reinstating the Glass-Steagall Act, arguing that separating utility banking operations from high-risk investment banking is beneficial to society.
  6 days ago

• Guy Hands blasts bankers for earning wheelbarrows of money

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Private equity tycoon Guy Hands has launched a remarkable attack on the banking sector.
  1 week ago

• As the World Churns

  
  International Space Fellowship — Authority: 587
  “Terra firma.” It’s Latin for “solid Earth.” Most of the time, at least from our perspective here on the ground, Earth seems to be just that: solid. Yet the Earth beneath our feet is actually in constant motion. It moves through time and space, of course, along with the other objects in the universe, but ...
  1 week ago

• Citibank lining up suitors for EMI

  
  No Rock And Roll Fun — Authority: 149
  Its a scene that will be played out many times this week - single people finding themselves suddenly being forced to meet others, chosen by their mothers or friends. Others who would "be perfect for you", who "has so much in common with you". Others who, clearly, they want you to hook up with. Whether you want to or ...
  2 weeks ago

• EMI COULD SELL RECORDED MUSIC BUSINESS

  
  L.A. RECORD — Authority: 453
  Via: WiredThe smallest major record label, EMI, was acquired by Terra Firma earlier this year, and according to a document the company sent to potential investors, Terra Firma may be looking to get out of the recorded music business in 5 years.Terra Firma is in the process of selling 15 percent of its interest in [...]
  2 weeks ago

• EMIs future may depend on Christmas music sales

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Christmas album sales could hold the key to music publisher EMI meeting its banking covenants and avoiding a forced takeover by its lender, Citigroup.
  2 weeks ago

• EMI owner Hands injects millions to keep control

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Terra Firma, headed by Guy Hands, is set to inject millions of pounds into the music group to avoid losing control to Citigroup.
  2 weeks ago

• Battle over EMI turns personal

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  Billionaire entrepreneur Guy Hands goes to war with his old banker friend David Wormsley over struggling music group EMI.
  2 weeks ago

• Citigroup & Terra Firma in numbers

  
  Daily Telegraph | Telegraph.co.uk — Authority: 955
  
  2 weeks ago

• Citi ‘tried to take control’ of EMI

  
  FT Alphaville — Authority: 703
  Citigroup tried to take control of EMI before Terra Firma, the music group’s private equity owner, launched its legal attack against the bank, say people familiar with the negotiations. The stand-off began with Citi’s proposal in September for a debt-for-equity swap that would have given it a majority of EMI’s ...
  2 weeks ago

• The Worm In the Apple – Terra Firma’s EMI Purchase looks Increasingly Sour

  
  RouteNote Blog — Authority: 129
  As you may have read here on our blog Terra Firma are suing their advisors/lenders Citibank for perpetrating a fraud against them – essentially Terra are saying that Citibank mislead them about the amount of competition there was for the record label’s purchase, the benefit to Citibank being more than £92 ...
  2 weeks ago

• Bidders dispute Hands’ EMI suit

  
  FT Alphaville — Authority: 703
  Participants in the auction that led to Terra Firma’s disastrous £4bn acquisition of EMI are challenging the account of events set out in a lawsuit filed last Friday by the buy-out firm against Citigroup. Guy Hands, Terra Firma’s chairman, alleged that Citi fraudulently misrepresented the position of other ...
  3 weeks ago

• Terra Firma Sues Citigroup Over Deal to Acquire EMI

  
  Digital Media Wire - connecting people & knowledge — Authority: 523
  London - Terra Firma, the private equity firm that acquired major record label EMI in2007, has filed suit against Citigroup, accusing the bank of fraud and costingit billions in lost equity on the deal, the Financial Times reported. Specifically, Terra Firma accuses Citigroup of failing to mention that anotherbidder ...
  3 weeks ago

• Terra Firma Suing Citigroup Over EMI Group Bid

  
  Pulse2 - Technology News And Reviews — Authority: 547
  Private equity firm Terra Firma Capital Partners acquired The EMI Group for $4.9 billion in 2007. However Terra Firma feels that Citigroup Inc. (NYSE:C) duped them by saying that there is a bidding war happening for the music company. Terra Firma believes that all potential bidders had dropped out including Cerberus ...
  3 weeks ago

• Beatles Boost EMI. (But About That Debt…)

  
  MediaMemo — Authority: 747
  First, some good news for EMI Music Group, the big music label that’s troubled even by the music industry’s troubled standards: They still have the Beatles. And it turns out that people still care about John, Paul, et al. EMI says it has sold a staggering 10 million copies of the bands’ remastered albums since ...
  3 weeks ago

• TERRA FIRMA HAS SUED CITIGROUP OVER EMI DEAL

  
  L.A. RECORD — Authority: 453
  Via: Daily SwarmBritish equity firm Terra Firma Investments has sued Citigroup Inc., claiming it paid a “fraudulently inflated price” of 4 billion pounds for EMI‘s label and music publishing interests in 2007 as a result of misrepresentations made by the lender. In the action, filed Friday in New York Supreme ...
  3 weeks ago

• Terra Firma suing Citigroup over EMI acquisition

  
  Sell Off Music — Authority: 155
  Private equity firm Terra Firma has launched a lawsuit against Citigroup, the bank that financed its acquisition of EMI in 2007. It’s accusing the bank of misrepresenting “fundamental facts” about the process leading up to the sale – including the existence of other bidders and how much they would have ...
  3 weeks ago

• Terra Firma suing Citigroup over EMI acquisition

  
  Music Ally — Authority: 613
  Private equity firm Terra Firma has launched a lawsuit against Citigroup, the bank that financed its acquisition of EMI in 2007. It’s accusing the bank of misrepresenting “fundamental facts” about the process leading up to the sale – including the existence of other bidders and how much they would have ...
  3 weeks ago

• Terra Firma Said to Seek Investors in EMI

  
  DealBook — Authority: 754
  British private equity group Terra Firma wants to bring in outside investors to help prop up music company EMI Group, which is struggling with $4.2 billion of debt, The Observer reported.
  3 weeks ago

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