Ronald Perelman News
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Ted Forstmann, the Wall Street dealmaker who sounded the alarm in the 1980s when junk bonds reshaped the leveraged-buyout industry he had helped create, has died. He was 71.
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In 1988, the world's major cosmetics companies were run by men. Ronald Perelman was in the middle of turning around Revlon Inc.; Leonard Lauder headed the company named for his mother, Estee; Lindsay Owen-Jones was appointed chairman and CEO of L'Oreal SA.
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The 50 state attorneys general probing U.S. foreclosure practices will first settle with the five largest loan servicers, including Bank of America Corp. and JPMorgan Chase & Co. , Iowa Attorney General Tom Miller said.
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Billionaire Ronald Perelman and his former wife, actress Ellen Barkin , settled their dueling claims involving her film production company, Applehead Pictures LLC.
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A deal to sell the Philadelphia Inquirer newspaper fell apart, prompting the bankrupt owner of the paper to organize a new auction at which Raymond Perelman , father of billionaire Ronald Perelman , may bid.
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Siga Technologies Inc. must share with PharmAthene Inc. profit from sales of a smallpox drug that may total more than $400 million, a judge ruled. Siga plunged as much as 38 percent in Nasdaq trading.
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Raymond Perelman , father of billionaire Ronald Perelman , was outbid in a bankruptcy court auction for the Philadelphia Inquirer and its sister publication by lenders for the newspaper who offered $105 million.
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David Rockefeller, Ronald Perelman , Larry Ellison , Sanford Weill , Ted Turner and Paul Allen joined a pledge started by Warren Buffett for billionaires to give more than half their wealth to charity.
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JPMorgan Chase & Co. , Bernard Madoff’s “primary banker,” was sued for $6.4 billion by the trustee liquidating the imprisoned con man’s former firm.
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Billionaire Ronald Perelman must pay $4.3 million to his ex-wife Ellen Barkin’s Applehead Pictures LLC after reneging on a agreement to invest in the film production company, a New York appeals court ruled.
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