Private Equity
UPDATE 1-Canadian union accepts GM Canada labor deal
MONTREAL, May 16 (Reuters) - Canadian Auto Workers union members at three General Motors of Canada locations have voted in favor of a new three-year labor agreement with the company, the union said late on Friday. Full Article
UPDATE 3-Carlyle buying Booz Allen unit stake for $2.54 bln
NEW YORK, May 16 (Reuters) - Washington-based private equity firm Carlyle Group [CYL.UL] is buying a majority stake in the U.S. government business of management consulting technology firm Booz Allen Hamilton Inc for $2.54 billion, the companies said on Friday. 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
The mist is beginning to clear. I am beginning to see a golden dollar sign.
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
