Deals wrap: Investing in Kraft
Billionaire investor Nelson Peltz bought 12.2 million shares in Kraft Foods during the first quarter, his investment firm reported this week.
“Morgan Stanley, Bank of America Merrill Lynch, J.P. Morgan and UBS were among bankers leading LinkedIn’s massively hyped — perhaps overhyped — IPO last month. And today — surprise!!! — all four banks told investors to buy, buy buy LinkedIn stock,” reports the NYT’s DealBook.
Bernard L. Madoff, the convicted fraudster, doesn’t think he deserved a 150-year sentence, the NYT reports.
Blackstone Group (BX.N) was recently asked by the SEC to provide extra information about how it remunerates its executives, according to regulatory filings.
Interested in Pandora? Seeking Alpha contributor Spencer Osborne lists some metrics to watch for this Internet radio company.