TORONTO, Canada, December 21, 2010 – TD Bank Group (TD) (TSX and NYSE: TD), and Cerberus Capital Management, L.P. (Cerberus), today announced an agreement under which Chrysler Financial will be sold to TD for cash consideration of approximately $6.3 billion. The purchase is comprised of net assets of $5.9 billion and approximately $400 million in … Read more
TD Bank Group to Acquire Chrysler Financial
Drago and Cerberus Acquire 97 Bank Branches from Caja Madrid
MADRID, Spain, November 19, 2010 – Drago Capital (“Drago”) and an affiliate of Cerberus Capital Management, L.P. (“Cerberus”) announced today the completion of the acquisition process of a real estate portfolio consisting of 97 bank branches from Caja Madrid in a sale and 25-year lease back transaction. Caja Madrid is the fourth largest Spanish financial … Read more
DynCorp International Announces Completion of Acquisition by Affiliates of Cerberus Capital Management
FALLS CHURCH, VA, July 7, 2010 –- DynCorp International Inc. (“DynCorp International”) today announced the completion of its acquisition by entities created by certain affiliates of Cerberus Capital Management, L.P. (“Cerberus”). “With this announcement, DynCorp International enters an exciting new chapter,” said Bill Ballhaus, DynCorp International’s President and Chief Executive Officer. “Built on six decades … Read more
Caritas Christi Health Care System to be Acquired by Cerberus Capital Management, L.P.
BOSTON, Mass., March 25, 2010 – Caritas Christi Health Care (“CCHC”) today announced that it has signed an agreement to be acquired by Steward Healthcare System LLC, a newly formed affiliate of Cerberus Capital Management, L.P. (“Cerberus”). This agreement marks the successful completion by CCHC of an extensive process to identify, evaluate and select a … Read more
GeoEye Signs Commitment Letter with Cerberus Capital Management for Preferred Stock Issuance and Debt Financing
DULLES, Va., March 10, 2010 – GeoEye, Inc. (Nasdaq: GEOY), a premier provider of superior satellite and aerial-based geospatial information and services, announced today that on March 4 it entered into a binding commitment letter (the “Commitment Letter”) with Cerberus Capital Management, L.P. (together with its affiliates, funds and managed accounts, “Cerberus”), pursuant to which … Read more