VENTURE CAPITAL POST

Saks Inc Stephen Sadove was appointed to the Board of Directors of JC Penney.

Meridian Properties did not push through with its planned EUR 170 million due to adverse market conditions.

The European Union approved Aegean Airlines' takeover of Olympic Air.

Medtronic Inc and Apollo Hospitals Enterprise formed a joint venture for the development of a low-cost and portable hemodialysis treatment for developing countries.

French carmaker Peugeot-Citroen said it would be considering new cooperation agreements with various firms to fund its overseas expansion efforts.

Vestas Wind Systems sold six turbine factories to VTC Partners for EUR 1 to complete its asset disposal program.

Fujitsu unveiled a new waterproof tablet with an extractor fan that would work even underwater.

A TechCrunch report stated that the next generation iPad slated set to be launched in October would be trimmer and thinner.

Retailer John Lewis said Apple's iPad Mini would be the bestselling tablet for Christmas.

Apple would be holding an event on October 22 to launch the next-generation iPad, according to technology website All Things D.

Bloomberg reported that Walt Disney Co had planned to stop the issuance of stock certificates in its physical form and issue them in digital form instead.

US Senator John McCain angrily stated that US lawmakers should resolve differences to end the US partial shutdown that caused a halt in military death benefits, according to a Reuters report.

AT&T Inc. would reach a near agreement to sell its wireless towers to Crown Castle International Corp, said sources familiar with the matter.

Manila Electric Company (Meralco) said that its wholly owned arm would acquire a stake from GT Capital Holdings' power generation unit, according to a report from Reuters.

Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.