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.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CG:
