Monday Morning Outlook
Here are a few things to start your Monday off right…
Buyouts/Investments:
- BlackBerry to explore strategic alternatives, including a sale
- IGP sells Controls Southeast to Ametek
- Clarke Inc. has acquired 90% of Pro-Par Group
- Prospect Capital provides $80 million loan for Zicam recap
- Catterton Partners sells YoCrunch to Danone
- Go shops (sometimes) work: Steinway gets a better offer from KKR
Other Stories:
- Private equity isn’t flowing to health care
- Ben Horowitz explains why founders fail as CEOs
- Lending may not be as bright as recent surveys suggest
- Jeff Bezos’ best innovation lessons
- Why I gave up a cushy career as an investment banker to launch a startup
- The next private equity investors: mom and pop (paid)
This week in history… the Treasury Department introduces the first digital securities with the “Treasury Direct” system (1986).