First Data Reports First Profit In Seven Years

First Data Reports First Profit In Seven Years

It’s taken seven years, but a buyout bid, which had been unsuccessful and considered a dud in the eyes of many analysts, is finally making a comeback as one of the top business stories of the new year. First Data Corp. recently reported its first profit in seven...
KKR Meets with Ringier Execs, Creates Joint Venture

KKR Meets with Ringier Execs, Creates Joint Venture

KKR, the private-equity firm headed by George R. Roberts and Henry R. Kravis, has confirmed a digital joint venture with Ringier AG, a prominent Swiss media company. It seems the deal was finalized with personal persuasion from Henry Kravis, aligning his company with...
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