Private Equity News, Private Equity Pictures
Bain Capital, the private equity firm founded by Republican presidential nominee Mitt Romney, has been subpoenaed in an investigation into tax avoidance schemes by the New York Attorney General.
Just because a company died on Bain Capital’s watch doesn’t mean Mitt Romney and his partners didn’t still profit.
Mitt Romney makes a personal profit based on purchases made by the Chinese government to monitor the lives of its citizens, according to a New York Times report today.
Multimillionaire corporate raiders are set to defend Mitt Romney from attacks about his time at Bain Capital.
“Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in assets, and has no plans to make new private equity investments, a company spokesman said on Tuesday.” READ MORE
Several private equity groups, including Apollo Global Management, Bain Capital and TPG Capital have submitted a takeover offer for Sara Lee. Sara Lee is currently valued at about $12.5 billion. READ MORE
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