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Posted

NEW YORK, Jan 25 (Reuters) - Tribune Co. is not

enthusiastic about three proposals bidding on some or all of the

company's assets, and has gone back to firms that did due

diligence but did not bid to see if they are willing to make an

offer, The Wall Street Journal reported on Thursday.

One of the groups the newspaper publisher and broadcaster

approached again was a consortium including private-equity firm

Madison Dearborn Partners, Providence Equity Partners Inc., and

Apollo Advisors LP, the Journal said, citing people familiar

with the matter.

Posted
But on the other hand, the Cubs would be the best team in the league when it comes to defense contracts? And isn't Hendry big on defense?
Posted
Carlyle Group is what again?

 

Google is your friend.

 

Or Wiki

 

The Carlyle Group is a Washington, D.C. based global private equity investment firm with more than $46.9 billion of equity capital under management.[1] The firm operates four fund families, focusing on leveraged buyouts, venture & growth capital, real estate and leveraged finance investments.
Posted
Carlyle Group is what again?

 

Google is your friend.

 

Or Wiki

 

The Carlyle Group is a Washington, D.C. based global private equity investment firm with more than $46.9 billion of equity capital under management.[1] The firm operates four fund families, focusing on leveraged buyouts, venture & growth capital, real estate and leveraged finance investments.

Ok, so they wouldn't have a problem with high payrolls anyway, at least it would appear...

Posted

The bulk of criticism of the Carlyle Group is actually based on a false connection resident nutjob writer Carl Unger tried to make in his book "House of Bush, House of Saud."

 

It's a large private equity firm that once owned a defense contractor that was in charge of the "crusader" missile system. Later, GHW Bush served on the board. It has as many deep connections to left-leaning organzations as right-leaning political figures, and its large instutional client base makes it more or less tied in a large degree to labor unions.

 

 

Like most financial firms, its political action committee supports generally conservative positions, so it draws some ire from many sources from that as well.

 

 

And they are msot hated because the Carlyle Group owns Dunkin Donuts. :P

Posted
Oh well that finalizes it then. Owns Dunkin Donuts? Wow, intense evil. From D.C. too----strike 2. Knows nothing about baseball? YER OUTTA THERE...
Posted (edited)
Oh well that finalizes it then. Owns Dunkin Donuts? Wow, intense evil. From D.C. too----strike 2. Knows nothing about baseball? YER OUTTA THERE...

 

Because a newspaper company would know anything about baseball? Many owners of successful sports teams come from backgrounds completely unrelated to sports.

Edited by TB_11
Posted
This would be very bad for the Cubs. Carlyle would look to maximize cash flows over a short amount of time. The easiest way to do this would be to keep one or two high profile players to keep fans in the seats, and then slash payroll drastically. Revenue stays more or less the same, expenses drop, Carlyle wins, fans lose.
Posted
Oh well that finalizes it then. Owns Dunkin Donuts? Wow, intense evil. From D.C. too----strike 2. Knows nothing about baseball? YER OUTTA THERE...

 

Because a newspaper company would know anything about baseball? Many owners of successful sports teams come from backgrounds completely unrelated to sports.

 

Oh really? Which World Series winning franchises are currently being run by a group of investors from D.C.?

 

Are they planning on at least moving to Chicago? Or would they rather run the Cubs from remote than make the extraordinary effort of entering "fly over" country to check on their investment?

Posted
http://supak.com/simpsons/images/wallpaper/Republican-Party-Headquarters-800.jpg

 

Carlyle Group HQ.

 

I thought this was funny, but George Soros is/was associated with Carlyle and he doesn't really fit the mold. There are also several former Clinton administration people who are associated with them.

 

They're DC all the way. The Cubs would be an interesting little plaything for them; they probably know less about us than the average Cardinals fan.

 

This is a disaster of epic proportions if it happens.

Posted
http://supak.com/simpsons/images/wallpaper/Republican-Party-Headquarters-800.jpg

 

Carlyle Group HQ.

 

I thought this was funny, but George Soros is/was associated with Carlyle and he doesn't really fit the mold. There are also several former Clinton administration people who are associated with them.

 

They're DC all the way. The Cubs would be an interesting little plaything for them; they probably know less about us than the average Cardinals fan.

 

This is a disaster of epic proportions if it happens.

 

From a baseball standpoint, yes, but from an investment standpoint they would make a crap load of money.

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