How 2 Make Business

Chiquita Brands International sells many bananas - and other products too - as evidenced by their sales data. Their approximate annual revenue is .5B. Trading on the NYSE, the company is part of the Farm Products industry and has their headquarters in Cincinnati, Ohio. They are a marketer and distributor of bananas, other fruits, and [...]

Last week Citigroup told us on Page 17 of their 10-Q about the fate of their 0mn purchase of Old Lane Partners.  Vikram Pandit, now the CEO of Citigroup, was the founder of Old Lane.  Citigroup may have gotten Pandit and his top lieutenant, John Havens, but it would be an understatement to say that [...]

So the private equity firms, Clear Channel, and the syndicate have reached an agreement. It also looks like the large shareholders are going to swallow a revised offer of per share rather than .50. If the agreement goes official, the banks are the obvious big winners since they had the most to [...]