Newsvine - business - Wire
Cerberus Capital Management L.P. agreed Monday to pay United Rentals Inc. a $100 million breakup fee for dropping its $4 billion purchase of the equipment-rental company.
NYT > DealBook
Goldman Sachs on Friday agreed to buy a $260.5 million stake in First Marblehead, shoring up the troubled student-loan company and sending its stock soaring. The investment bank also agreed to extend a $1 billion credit line to First Marblehead, providing a crucial source of financing for the company. Shares of First Marblehead surged 66.4 percent [...]
washingtonpost.com - Metro Business
General Dynamics of Falls Church said last week that it has agreed to provide six portable combat operations centers to upper-level Marine Corps commands under a $38 million modification of an existing contract.