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private equity

The Webber Dam, on the Grand River in Ionia County, is one of 13 hydroelectric dams Consumers Energy is seeking to sell to Confluence Hydro LLC, a subsidiary of Maryland-based private equity firm Hull Street Energy LLC. (USA TODAY Network via Reuters Connect)
Jul 13, 2026

$270M pledged to sweeten Michigan dam deal with Bethesda-based firm

Consumers Energy has sweetened the pot for the proposed sale of 13 hydroelectric dams in Michigan to a Maryland-based firm.

Lockheed Martin logo is seen in this illustration taken July 26, 2025. (REUTERS/Dado Ruvic/Illustration)
Jul 6, 2026

MD-based Lockheed Martin to buy Ultra Maritime for $3.45B

Maryland-based Lockheed Martin will buy naval defense company Ultra Maritime from private equity firm Advent for $3.45 billion.

A view of a Pizza Hut store in London on Dec. 30, 2024. (REUTERS/Mina Kim/File Photo)
Jun 16, 2026

Yum Brands to sell struggling Pizza Hut for $2.7B after prolonged demand slump

Yum Brands said it would sell Pizza Hut for $2.7 billion, as it struggles with stiff competition in the fast-food market and cautious consumer spending.

The Webber Dam, on the Grand River in Ionia County, is one of 13 hydroelectric dams Consumers Energy is seeking to sell to Confluence Hydro LLC, a subsidiary of Maryland-based private equity firm Hull Street Energy LLC. (USA TODAY Network via Reuters Connect)
Jun 16, 2026

Judge recommends Michigan PSC reject dam sales to Bethesda-based firm

A judge is recommending the Michigan Public Service Commission reject an attempt to sell 13 hydropower dams to a Maryland-based private equity firm.

People with briefcases come out of a boardroom in this file photo dated July 29, 2020. (REUTERS file photo/Axel Schmidt)
Jun 5, 2026

Law firm Morgan & Morgan explores stake sale, eyes long-term IPO, sources say

Morgan & Morgan, the largest U.S. personal injury law firm, is exploring a minority stake sale with JPMorgan to potentially prepare for a future IPO.

Carlyle signage displays at the office in Manhattan in New York City on Feb. 26, 2025. (REUTERS/Jeenah Moon)
Feb 6, 2026

Carlyle allays software fears, private-equity deals boost profit

Asset manager Carlyle Group, co-founded by Orioles owner David Rubenstein, slightly beat Wall Street estimates for fourth-quarter profit.

Ieisha Dede, left, and Cali Malatek put up a takeout sign outside a Denny's restaurant in Spring, Texas, on March 17, 2020. (AP Photo/David J. Phillip, File)
Nov 4, 2025

Denny’s to be acquired, taken private in $620M deal

Denny's said Monday that it's being acquired by a group on investors in a deal that will take the breakfast chain private.

SAIC logo
Oct 15, 2025

Maryland-based tech firm to be acquired for $205M

Science Applications International Corp. announced it will acquire Columbia-based SilverEdge Government Solutions for $205 million.

The logo for Electronic Arts is displayed during the Electronic Entertainment Expo in Los Angeles on June 12, 2013. (AP Photo/Jae C. Hong, File)
Sep 29, 2025

Electronic Arts to be acquired for $52.5B in largest-ever private equity buyout

Electronic Arts is being acquired for $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.

In this Sept 13, 2018 photo provided by the Environmental Protection Agency shows an aerial view of the Trowbridge Dam on the Kalamazoo River near Allegan, Mich., in southwestern Michigan. The aging dam will be taken down under an agreement reached between federal officials and NCR Corp., one of the companies whose paper mills polluted the river with toxic PCBs in the last century. (Paul Ruesch/Environmental Protection Agency via AP)
Sep 10, 2025

Subsidiary of MD private equity firm to buy Michigan dams for $1 apiece

Consumers Energy plans to sell its 13 aging Michigan hydropower dams to a subsidiary of a Maryland private equity firm for a dollar apiece.

gavel
Aug 11, 2025

Proposed class-action lawsuit alleges predatory lending scheme by realty company

A Maryland couple filed a proposed class-action lawsuit alleging a predatory lending scheme in which a realty company provides modest loans.

This June 25, 2019, file photo shows a sign outside a Walgreens Pharmacy in Pittsburgh. Walgreens will shutter nearly 40% of the clinics in its stores as the drugstore chain cuts costs and shifts to other businesses it believes will draw more people through its doors. (AP Photo/Gene J. Puskar, File)
Mar 7, 2025

Walgreens agrees to be acquired by private equity firm for almost $10B

Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around.