The Balitmore Sun – Dollar Tree/Family Dollar merger could create Wal-Mart rival but hurt consumers – quote by Jerry Reisman
July 28, 2014July 28, 2014 By Lorraine Mirabella An $8.5 billion merger creating North America’s biggest dollar store chain could mean increased competition for mass discounters such as Wal-Mart Stores Inc. but less choice for shoppers. In the Baltimore area and elsewhere, retail experts said, Dollar Tree Inc.’s planned purchase of Family Dollar Stores Inc., announced Monday, […]
Bloomberg News – Amazon E-Books Proposal Puts Authors in a Tough Bind – quote by Joseph Capobianco
July 10, 2014July 10, 2014 By Jing Cao Amazon.com Inc. (AMZN)’s proposal to give writers all of the proceeds from digital-book sales leaves authors like Jeff Deaver in a bind. Deaver is caught in a tug of war between his publisher, Hachette Book Group, and Amazon. The disagreement focuses on how to divvy up revenue generated from […]
Los Angeles Times – American Apparel lender Lion Capital demands $10-million loan be paid – quote by Jerry Reisman
July 8, 2014July 8, 2014 By Shan Li, Andrea Chang The wealthy playboy behind American Apparel Inc.’s latest crisis isn’t ousted Chief Executive Dov Charney. It’s a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea’s private equity firm, Lion Capital, has formally demanded repayment of the nearly $10 million it lent to […]