Back in April, Perini Corp. (PCR), a large general contracting company whose projects include the MGM CityCenter in Las Vegas and the Foxwoods Resort and Casino in Connecticut, announced that it was acquiring the privately-held Tutor-Saliba Corporation in an $862 million deal. One of the things that makes the deal interesting is that Perini’s Chairman, [...]

In February, when Dell (DELL) announced that it was buying MessageOne for $155 million in cash, questions were raised because one of the company’s co-founders is Adam Dell, who happens to be the brother of Dell Chairman and CEO Michael Dell. In the release announcing the deal, the company noted that it took “additional steps [...]

When TriZetto (TZIX) announced last month that it was being acquired by private equity firm Apax Partners for $22 a share, the stock, which fell sharply in March, quickly bounced back to reflect the buyout price. So investors who bought when the stock fell to around $15 were able to take advantage of a nice [...]

A short time ago, the SEC filed civil fraud charges against 8 former AOL executives, including two former CFOs. The 8 are charged with overstating AOL’s ad revenues by over $1 billion, which given the time frame this was supposedly happening — from 2000 to 2002 — seems like quite a feat. Here’s a snippet [...]

Sometimes, a disclosure in a recent filing prompts you to dig a bit deeper and look back. That’s exactly what happened when I caught the following disclosure in Brandywine’s (BDN) proxy filed yesterday:
Represents (i) $516,685 for the cost for use of a private aircraft that we provide to Mr. Prentiss as a continuing benefit under [...]