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The Mays’ family-run media company Clear Channel Communications has reached a settlement with the banks it sued in March for hindering its proposed merger with CC Media Holdings.

Cablevision Systems Corporation, owned by New York's Dolan family, has teamed up with Tribune Company to purchase Newsday Media Group, owners of one of the America's largest daily newspapers.

PAI Partners, one of the oldest private equity firms in Europe, is targeting family-owned companies for its new €5.4 billion fund.

The shareholders of family-controlled Aflac Inc have overwhelmingly approved the company's pay-for-performance compensation policies.

The Fisher family – founders of the GAP retail empire – are bidding to purchase a bankrupted US forestry firm.

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