Private Equity Firms

Discussion in 'Wall St. News' started by S2007S, Nov 13, 2006.

  1. S2007S


  2. S2007S


    Like flipping houses these guys are flipping companies and making a ton of money doing it:

    The Hertz investors are set to reap a paper gain of nearly $4 billion on $2.3 billion they invested less than a year ago.

    The three firms will also receive a special dividend of up to $642 million from Hertz if the deal prices at the midpoint of the range and the underwriters exercise their option to sell 13 million additional shares.
  3. This does seem to be the new trend.