PE Firms’ Role in Toys ‘R’ Us Collapse Questioned
Democratic lawmakers have asked KKR and Bain Capital whether they had "a deliberate policy" to load the defunct retailer with debt.
iHeartMedia Issues ‘Going Concern’ Warning
The parent of iHeartRadio is in talks with lenders on a plan to relieve its $20 billion debt burden from a 2008 leveraged buyout.
Loews Buys Packaging Company for $1.2 Billion
The acquisition of Consolidated Container puts Loews in an industry that "we believe is unlikely to be subject to major technological disruption."
Sealed Air Sells Cleaning Businesses for $3.2B
The sale to private-equity firm Bain Capital will allow Sealed Air to focus on its food, product and medical packaging businesses.
Allstate Buys Warranty Seller SquareTrade
The $1.4 billion acquisition of the provider of protection plans for electronics continues Allstate's push to serve connected consumers.
Symantec Expands to Cloud With Blue Coat Buy
The $4.65 billion deal combines Symantec's antivirus software for PCs with Blue Coat's cloud-based cybersecurity offerings.