Squeezing Out Value in Any Way They Can: What happens when companies that earned their PE backers dividend recaps end up in bankruptcy? The creditors are suing. (WSJ) The case of SemGroup and Carlyle/Riverstone is one notable example. (WSJ)
Dubai World: Bankers met today to begin sorting out the conglomerate’s debt. (Reuters)
Sharia Compliant PE: Glacial movement in the private equity (PE) sphere of Islamic finance could finally be showing signs of a thaw. (Westlaw)
Consolidation Time for Mobile Operators: The biggest threat to mobile-service providers isn’t the Internet, but overcapacity and low-margin customers. (BusinessWeek)
Who Knew: Wal-Mart earned more than half of its income on grocery sales last year. (WSJ)
Just For Fun: The funniest newspaper corrections ever. (HuffPo)
Barbs: M&A Journal doesn’t think Buyouts’ “Best New Firm” winner is very new. And maybe that that says something about that supposed “shakeout” we have yet to see. (M&A)Get your FREE trial or subscribe now to Buyouts to find new deal opportunities, super-charge your fundraising efforts and track top managers.