- Private equity firms close in on Wasserstein’s ALM
- Credit Suisse And Quattrone: Dueling Sequels
Private equity firms close in on Wasserstein’s ALM
- Reuters
At least four private equity firms are in the final round of bidding for the publisher of The American Lawyer and Corporate Counsel magazines, with a deal expected to exceed $700 million, sources said on Wednesday.
The media company, called ALM, is controlled by legendary Wall Street dealmaker Bruce Wasserstein through a private equity fund he runs. ALM put itself up for sale in March.
Sources close to the deal say James Finkelstein, a partner at buyout firm Avista Capital Partners, is among those pursuing the company. Finkelstein was formerly chief executive of the legal publishing company that Wasserstein bought and turned into ALM…..
Credit Suisse
And Quattrone: Dueling Sequels – Wall Street Journal
After star technology-industry banker Frank Quattrone left Credit Suisse First Boston under a cloud in 2003, the group he had run began losing both deals and talent. But Wall Street loves a good comeback story, and both he and his old firm are trying to mount one….
