Marketplace PM for July 27, 2007
Posted In: Investing, Wall Street
Until this week, private equity was all the buzz on Wall Street, with the Blackstone Group the hottest. But now it's one of the weakest IPOs of the year, and other private-equity firms are having second thoughts about going public. Jeff Tyler reports.
Art from a collection owned by the Golden State Mutual Life Insurance Company is set to be auctioned in coming weeks. The collection has been open to the public. What will happen to it after the hammer falls? Adolfo Guzman-Lopez reports.
In the $100 billion bidding war for the Dutch banking group ABN AMRO, Britain's Barclays has found a deep-pocket partner: the Chinese government. Stephen Beard reports on what each party can gain from the other.
Posted In: Canada, Entrepreneurship
A social networking site for children run by a little Canadian start-up company is said to have captured the attention of big media companies who might be willing to pay as much as half a billion dollars for it. Lisa Napoli reports.