The financing strategy is straightforward: By carving out a portion of the business into a joint venture (JV) and selling a minority interest, a company receives an immediate equity infusion ...

Big U.S. banks for years talked freely and frequently about their diversity, equity ... interest rate environment made it more difficult to attract and retain some deposits. But at the end of June 30, ...

Financial aspects of the deal were not disclosed, but Variety has confirmed Coral Tree's minority stake in Innovative Artists is a "significant investment" of more than 40% of the company. Founded ...

Innovative Artists has sold a minority stake in the company to Los Angeles-based private equity firm Coral Tree Partners. As part of the deal, the agency has rebranded all of its existing ...