Business Services Industry
Lender on the block? That's the buzz around cash-flow lender Antares as business cycle peaks.(News)(Antares Leveraged Capital Corp., a unit of Massachusetts Mutual Life Insurance Co. to be acquired by Heller Financial Inc. )
Crain's Chicago Business, August, 2005 by Ryan, Kate
Byline: KATE RYAN Just as cash-flow lending appears to be near a cyclical peak, it may be a good time for the owner of one of Chicago's biggest such lenders to cash out. The possible sale of Antares Leveraged Capital Corp., a unit of Massachusetts Mutual Life Insurance Co., could be somewhat ironic for the 12 former Heller Financial Inc.
executives who founded Antares nine years ago. GE Capital Corp. acquired Heller, a mainstay of middle-market lending in Chicago, for $5.3 billion in 2001. As first reported last week by the TheDeal.com and confirmed by industry insiders, GE Capital is now viewed as the leading contender to buy Antares. Solid business Although GE Capital is a global behemoth with $500 billion in assets, Antares and its focus on loans...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
