Wealth Management

Voted #6 on Top 100 Family Business influencer on Wealth, Legacy, Finance and Investments: Jacoline Loewen My Amazon Authors' page Twitter:@ jacolineloewen Linkedin: Jacoline Loewen Profile

December 28, 2009

How Private Equity is using Social Media


Details of Simmons Bedding Co.’s bankruptcy reorganization plan have been translated into Chinese and posted on a Web site in Guanzhou to encourage Chinese bids, the Wall Street Journal reports. The move is unlikely to disrupt the company’s plans to be sold to Ares Management LLC and Ontario Teachers’ pension plan, but it does show growing interest by Chinese bidders in U.S. assets, especially at discounted prices, the WSJ writes.

1 comment:

Anonymous said...

Pretty nice post. I simply stumbled upon your blog and wanted to mention that I've really enjoyed surfing around your blog posts. After all I'll be subscribing on your
feed and I'm hoping you write again very soon!

Look at my blog post; free virtapay