MC Shipping Inc. (AMEX: MCX) and Bear Stearns Merchant Banking (“BSMB”) announced today the signing of a merger agreement providing for the Company to be acquired by a newly-formed entity controlled by BSMB. Under the terms of the merger agreement, MC Shipping shareholders will receive $14.25 per share in cash, representing a total transaction value […]
Bear Stearns Merchant Banking (“BSMB”), a leading private equity firm focused on middle-market investments, together with founder Peter Koral and company management, has reached an agreement to sell Seven For All Mankind, LLC (“Seven For All Mankind”) to VF Corporation (NYSE: VFC) for $775 million in cash at closing. Seven For All Mankind is a […]
Doral Financial Corporation (NYSE:DRL) (“Doral” or the “Company”) announced today that it had closed the sale of 968,263,968 shares of its common stock, $0.01 par value per share, to Doral Holdings Delaware, LLC (“Doral Holdings”), a newly formed entity in which Bear Stearns Merchant Banking and other investors, including funds managed by Marathon Asset Management, […]