Topic: Steve Eder

Cerberus to acquire DynCorp for $1.5 billion

CHICAGO (Reuters) - DynCorp International Inc has accepted a $1.5 billion takeover bid, including the assumption of debt, from private equity firm Cerberus Capital Management LP CBS.UL>, the defense contractor said on Monday, sending its shares up 48 percent.Under the ...

Goldman board rejects shareholder demands on pay

NEW YORK (Reuters) - Goldman Sachs Group Inc's board has rejected demands from shareholders that the firm investigate recent compensation awards, recoup excessive compensation and reform pay practices.Goldman reported the shareholder demands last year and said at the time that its ...

Goldman caps UK partner pay at $1.6 million: source

NEW YORK (Reuters) - Goldman Sachs Group Inc < GS.N> is capping pay for partners in the UK at $1.6 million, according to a source familiar with the matter.Goldman has been at the forefront of the debate over pay because of ...

Insider trading probe ensnares 14 more

NEW YORK (Reuters) - Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal that has ensnared hedge fund managers, top Silicon Valley executives and a bevy of white-shoe advisers.In complaints that read like scripts ...