Garage-door maker employees get cash reward in takeover as private equity tests ownership model

In the otherwise-sleepy town of Arthur, Illinois, this week brought a life-changing surprise for hundreds of workers at locally based garage-door maker, C.H.I. Overhead Doors.   C.H.I.’s private...

Private equity sports investments neared $2 billion in 2021, NBA hot

Ballboys wear gloves while handling warmup basketballs as a precautionary measure prior to an NBA game between the Charlotte Hornets and Atlanta Hawks at State Farm Arena on March 9, 2020 in Atlanta, ...