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Tag Archives: blackstone group

Boeing Splits Chairman, CEO Roles; David Calhoun Named Non-Executive Chairman

David Calhoun, independent lead director at Boeing (NYSE: BA), has been elected to serve as non-executive chairman after the aerospace and defense company’s board decided to separate the chairman and CEO roles in an effort to strengthen the firm’s safety management practices and governance.

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David Calhoun Named Boeing Lead Director, Kenneth Duberstein Nominated for Re-election to Board

David Calhoun, a board member at Boeing (NYSE: BA) since 2009, has been elected to succeed Kenneth Duberstein as lead director of the Chicago, Illinois-based defense and aerospace contractor’s board in a move that takes effect April 30. “Dave is a tremendous asset to Boeing, bringing invaluable skills and experience …

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Howard Lance Joins MDA as President, CEO; Bob Phillips Comments

Howard Lance, former chairman and CEO of Harris Corp. (NYSE: HRS),  has been selected to succeed Daniel Friedmann as president and CEO of MacDonald, Dettwiler and Associates, effective May 16. MDA said Thursday Lance is expected to join MDA’s board of directors, while Friedman will continue to serve as a …

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NY Post: Blackstone Eyes New NCR Corp. Bid

A consortium that includes Blackstone Group is considering a bid to acquire self-service technology developer NCR Corp. (NYSE: NCR), the New York Post reported Friday. Josh Kosmon writes Duluth, Georgia-based NCR reopened an auction sale nearly two months after the company did not close a deal with several potential acquirers. …

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Bloomberg: Investment Firms Bid on Airbus’ Defense Electronics Business

Airbus Group has received initial acquisition bids for its defense sensor and border security technology assets from private equity companies Blackstone, Carlyle Group and KKR & Co., Bloomberg reported Tuesday. Military technology firms Thales and Rheinmetall are also interested in acquiring the portfolio that generated approximately $1.2 billion in revenue during Airbus’ …

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Report: Dell Committee Examining Blackstone, Icahn Takeover Bids

A special committee within Dell‘s (NASDAQ: DELL) board of directors is looking at alternative takeover proposals nearly a month after the company agreed to $24.4 billion buyout deal with Silver Lake. The company is evaluating the proposals from Blackstone Group and Carl Icahn during a 45-day go-shop period, Reuters reports. …

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