The federal agency claims the company’s practices amount to antitrust activity, a new salvo in the government’s scrutiny of health care consolidation that has led to higher prices.
Category: Private Equity
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Saudi Arabia Is Pouring Money in Sports. Is Tennis Next?
Despite the popularity of tennis, its business has struggled.
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Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
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Paramount Agrees to Sell Simon & Schuster to KKR, a Private Equity Firm
The deal, for $1.62 billion, will put control of a cultural touchstone in the hands of a financial buyer.
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The Risks Hidden in Public Pension Funds
Attracted by promises of high returns, many public pension funds have been loading up on private equity but may not fully appreciate the dangers, our columnist says.
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Blackstone Becomes First $1 Trillion Private Equity Manager
Passing that milestone puts the firm in the same league as mutual fund behemoths and banking giants.
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Ryan Reynolds Invests in Alpine F1 Team
The actor Ryan Reynolds, the private equity firm RedBird Capital and Otro Capital are among the investors taking a stake in Renault’s Alpine team.
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Deal for Formula 1 Team Reflects Growing U.S. Interest in the Sport
The actor Ryan Reynolds and the private equity firm RedBird Capital are among the investors taking a stake in Renault’s Alpine team.
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Michael Jordan to Sell Majority Stake in Charlotte Hornets
Jordan, the former star of the Chicago Bulls, purchased the team in 2010.
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Former CNN Chief Jeff Zucker Has a New Job at RedBird IMI. What Is It?
Mr. Zucker is C.E.O. of a $1 billion investment venture backed by RedBird Capital Partners and International Media Investments, an Emirati firm.
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Corporate Bankruptcies Are Set to Reach a Decade-Long High
New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade.