Private Equity
KKR hires Lazard exec to boost infrastructure biz
NEW YORK, May 16 (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co [KKR.UL] said on Friday it hired Lazard banker George Bilicic to lead a team that will focus on investing in infrastructure assets worldwide. Full Article
UPDATE 3-TietoEnator owners with blocking stake oppose bid
HELSINKI, May 16 (Reuters) - Finnish shareholders with a total holding of more than 10 percent in TietoEnator said on Friday they would not accept a 1.08 billion euro ($1.67 billion) takeover offer from Sweden's Nordic Capital. Full Article
Cox Enterprises is buying online advertising firm Adify for at least $300 million -- not a bad multiple on expected 2008 revenues of $35 million. Go to Blog
It is clear to me that the board of directors of Yahoo has acted irrationally and lost the faith of shareholders and Microsoft.
Execs defend humans in high-tech markets
NEW YORK (Reuters) - The heads of the world's biggest stock exchanges agree there is still room for the "human element" in a high-speed trading environment that has aggressively gone electronic. Full Article
