Cerberus Capital Management

• BlackBerry calls off sale, spurring doubts and stock plunge

  After a two-month review of strategic options and talks with potential buyers that included Facebook, Lenovo and private equity firms such as Cerberus Capital Management LP, BlackBerry said it will abandon a sale. Instead, it will raise $1 billion by issuing convertible notes to a group of long-term investors including its largest shareholder, Fair...

• Shares of gun makers slump after Connecticut massacre

  Investors shunned some of the nation's largest gun makers Tuesday, putting up for sale the manufacturer of the Bushmaster semiautomatic rifle used in the Connecticut school shooting and worrying that the attack could soon bring stricter gun laws.

• 3i Infotech Ltd - 3i Infotech Financial Software Inc. Signs Agreement for Sale of US-based Billing and Payments Unit to Cerberus Capital Management, L

  3i Infotech Ltd has informed BSE regarding a Press Release dated May 16, 2011, titled, "3i Infotech Financial Software Inc. Signs Agreement for Sale of US-based Billing and Payments Unit to Cerberus Capital Management, L.P. for USD 137 Million".

• 3i Infotech subsidiary to sell US-based unit for $137 mn

  IT firm 3i Infotech today said its subsidiary, 3i Infotech Financial Software, has signed an agreement with Cerberus Capital Management to sell its US-based Global Billing and Payment unit for $137 million (nearly Rs 617 crore). The transaction is expected to close within two months, subject to customary closing conditions and any regulator...