Much as the U.S. dot-com boom brought forth new companies and their IPOs with frightening regularity, that's what China's stock market is like right now. Alisa Roth reports.
Some unusual stock-market activity reportedly occured before the announcement of Blackstone's purchase of Hilton Hotels. Kai Ryssdal talks with business professor Jim Angel about how some people snap up shares at a bargain, despite insider-trading laws.
The Blackstone Group is planning an extended stay in the hotel biz. It announced last night that it's buying Hilton Hotels for $26 billion, the latest and certainly greatest evidence of private equity's rising interest in hospitality.
It's been a robust year so far for initial public offerings. Taking a company public raises money for the corporation, and a new report says firms have already raised billions in 2007. Janet Babin reports.
A lot of the recent private-equity acquisitions have been paid for with borrowed money. But some of the people loaning the money for those kinds of deals are now saying there's too much debt involved. Amy Scott reports.
Guitar Center, which started almost a half century ago as a small appliance and organ shop in Hollywood, has been bought in a private-equity deal. How did the company get to being worth $2 billion? Rachel Dornhelm reports.
Media magnate Rupert Murdoch isn't likely to sweeten his $5 billion bid to the Bancroft family. Staci Kramer of PaidContent.org says the Wall Street Journal newspaper was headed for big changes anyway.
