Business Wire

Traders and hackers earned $100M on stocks from stealing news

A group of traders and web hackers accumulated over $100M by gaining access to corporate press releases on news websites Market Wired, PR Newswire and Business Wire before the news were published. The hackers have been trading the advance stolen news to Wall Street traders for five years, fed authorities caught on Tuesday.

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Rock Hill backs Oklahoma's Park Energy

Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.

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US Bitcoin investment fund CoinSeed invests $5M in BitFury mining hardware

After recently closing a $7.5-million funding round, US-based Bitcoin focused investment fund CoinSeed acquired BitFury's specialized Bitcoin mining hardware for $5 million to build one of the biggest cryptocurrency mining infrastructures in the world.

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Brent Williams becomes full owner of Utah's Dental Select

Brent Williams, the chief executive officer (CEO) and president of Salt Lake City, Utah-based dental administrator Dental Select, has acquired all of the remaining shareholder stock in the firm for an undisclosed amount.

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Jacobs completes merger with Sydney-based Sinclair Knight Merz

US-based professional technical services provider Jacobs Engineering Group Inc announced the completion of its merger with Australia-based firm Sinclair Knight Merz in a deal valued at AU$1.3 billion.

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New York's Rohatyn Group completes acquisition of Citi Venture Capital International

New York-based asset management firm The Rohatyn Group announced that it has completed the acquisition of private equity investment firm Citi Venture Capital International (CVCI).

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Hunt completes merger with Centerline Holding Company

Texas-based national developer and investor Hunt Companies Inc announced the successful acquisition of Centerline Holding Company in a deal that increased Hunt's assets in management to USD24.8 billion.

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Akorn grabs 3 eye drop products from Merck

Illinois-based niche pharmaceutical firm Akorn Inc acquired the US rights to three branded ophthalmic products from New Jersey-based international pharmaceutical company Merck for USD52.8 million.

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