Tag Archives: Private Equity

“Vulture Fund” Wreaks Havoc With Jobs

“Vulture Fund” Wreaks Havoc With Jobs
Private equity firm Cerberus Capital Management has agreed to acquire Safeway, the second largest grocery store in the US, for $9.4 billion. Albertsons, another Cerebrus-owned supermarket chain, would take over the California-based Safeway, creating an unprecedented rival to Kroger, the largest supermarket chain in the US. The deal would pay Safeway investors $40 per share, including $32.50 in cash. With estimated revenues of up to $60 ... Read more

Half of U.S. Farmland Being Eyed by Private Equity

Half of U.S. Farmland Being Eyed by Private Equity
An estimated 400 million acres of farmland in the United States will likely change hands over the coming two decades as older farmers retire, even as new evidence indicates this land is being strongly pursued by private equity investors. Mirroring a trend being experienced across the globe, this strengthening focus on agriculture-related investment by the private sector is already leading to a spike in U.S. farmland prices. Coupled with ... Read more