Macquarie Group (MQBKY) held talks to acquire Carlyle Group (CG) due they ended this summer, Gillian Tan and Liz Hoffman of Semafor report, citing people familiar with the matter. The talks died Carlyle CEO Harvey Schwartz’s turnaround plan caught on with investors, sources told the website. Shares of Carlyle are up 1% to $67.66 following the report.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CG: