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MPT Transaction Aligns Steward with New Capital Partner to Support Growth, Increases Local Ownership Stake, Strengthens Company Finances, and Returns Initial Investment BOSTON, Sept. 26, 2016 — Steward Health Care System (“Steward”) announced today that Medical Properties Trust, Inc. (“MPT”) (NYSE: MPW) will invest $1.25 billion in Steward through a real estate sale-leaseback transaction and … Read more

Accomplished Digital Marketing Executive to Lead Next Phase of Company’s Growth ATLANTA, August 18, 2016 — YP℠, the leading local marketing solutions provider, today announced that Jared Rowe has joined the company as Chief Executive Officer, effective September 1, 2016. Mr. Rowe joins YP from Cox Enterprises, where he most recently served as President of … Read more

Transaction Will Enhance and Accelerate ABC Group’s Strategic Growth Plans Toronto, Ontario and New York, N.Y. – July 1, 2016 – ABC Group, Inc. (“ABC Group” or the “Company”), one of the world’s leading automotive suppliers of thermoplastic components and systems, today announced that it has been acquired by an affiliate of Cerberus Capital Management, … Read more

New Avon CEO Scott White Joins Board of Managers NEW YORK, June 1, 2016 — New Avon LLC today announced that Jack Stahl has been appointed Chairman of the company’s Board of Managers, effective June 1, 2016. He succeeds Chan Galbato, Chief Executive Officer, Cerberus Operations and Advisory Company LLC, who had been serving as … Read more

FORT VALLEY, GA, May 27, 2016 — Blue Bird Corporation (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today that an affiliate of American Securities LLC has agreed to purchase from Traxis Group B.V (Traxis), an affiliate of Cerberus Capital Management, L.P. (Cerberus), its entire equity stake in Blue Bird, which … Read more

NEW YORK, April 18, 2016 — New Avon LLC today announced the appointment of J. Scott White as Chief Executive Officer. Mr. White will join the company effective April 25, 2016. Mr. White joins New Avon following its recent separation from Avon Products, Inc. and sale of majority ownership to Cerberus Capital Management, L.P. He … Read more

WASHINGTON and REDWOOD CITY, CA, March 31, 2016 — PaxVax Inc., a fully integrated specialty vaccine company committed to developing and commercializing innovative vaccines against infectious diseases, today announced that it was named Best Early-Stage Vaccine Biotech company at the 9th annual Vaccine Industry Excellence (ViE) Awards. Winners were announced at a ceremony held during … Read more

NEW YORK, March 1, 2016 — Avon Products, Inc. (“Avon”) and Cerberus Capital Management, L.P. (“Cerberus”) today announced the close of their strategic partnership transaction (previously announced on December 17, 2015). This partnership includes the separation of Avon’s North America business into a privately-held company that is majority-owned and managed by an affiliate of Cerberus. … Read more