Private equity firm buys 4 newspapers in Midwest

LIMA, Ohio (AP) — An affiliate of a Philadelphia-based private equity firm is buying four newspapers in the Midwest, including one in northwest Ohio. Freedom Communications is selling the newspapers to an affiliate of Versa Capital Management LLC. Irvine, Calif.-based Freedom announced the sale Thursday. The papers in the sale are The Lima News in Ohio; The Telegraph in Alton, Ill.; The Journal ...

Asia Private Equity Weekly News, May 14, 2012

HONG KONG, May 14 (Reuters) - News and developments in Asiaprivate equity from Reuters News for the week ending May 11. MAY 11 FORMULA ONE'S commercial rights holders CVC need toreach an agreement with ...

Romney backer, Tom Stemberg, defends Bain’s private-equity role of making money

A top surrogate to Mitt Romney said making money -- rather than creating jobs -- was the primary goal of the presumed Republican Party presidential nominee when he was running Bain Capital LLC, saying he “acted responsibly” as chief executive officer of the Boston-based private-equity firm. “The role of private equity as fiduciaries is certainly to make money,” said Tom Stemberg, the founder of ...

Change in Board of Directors of Private Equity Holding AG

News ReleaseZug, May 11, 2012 Change in Board of Directors of Private Equity Holding AG Dr. Hans Baumgartner, Chairman of Private Equity Holding AG, Dr. Chris Tanner, Martin Eberhard and Bernhard Schürmann ...

Private equity firm buys Alton Telegraph, 3 other papers in Midwest

LIMA, Ohio (AP) -- An affiliate of a Philadelphia-based private equity firm is buying four newspapers in the Midwest, including the Alton Telegraph. Freedom Communications is selling the newspapers to an affiliate of Versa Capital Management LLC. Irvine, Calif.-based Freedom announced the sale Thursday. The papers in the sale are The Lima News in Ohio; The Telegraph in Alton, Ill.; The Journal ...