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New Source Energy buys MCE for USD44 million

Oklahoma City-based exploration and production firm New Source Energy Partners LP acquired oilfield services company MCE for USD44 million in combined cash and common units.


Twitter launches self-serve ads for small businesses outside the US

Social media giant Twitter Inc announced it will introduce self-service advertisements for small- and medium-sized businesses (SMBs) in Canada, Ireland and the United Kingdom starting this week.

Liberty Hall acquires Precise Machining

Private equity firm Liberty Hall Capital Partners announced today its acquisition of Tulsa-based aerospace engineered parts supplier Precise Machining & Manufacturing for an undisclosed amount.

Judge sides with Google on book-scanning case

Judge Denny Chin of the US Circuit Court in New York ruled that the scanning can be classified as fair use since it was "highly transformative." Chin also said that the scanning was not detrimental to the marketing for the author's work.


Latest News

Shunfeng Photovoltaic International said provisional liquidators of Suntech Power Holdings Co had not approved its planned acquisition of Wuxi Suntech, the main unit of Suntech which went into bankruptcy.
Baltimore-based sportswear retailer Under Armour Inc bought Texas-based fitness tech company MapMyFitness for USD150 million to achieve a better position in the digital sports product market.
Warren Buffet's Berkshire Hathaway Inc has purchased 40.1 million shares in the world's largest publicly traded oil company Exxon Mobil Corp in a deal worth USD 3.45 billion.
Friday is the first day of sales for Sony's PlayStation 4 interactive gaming console. GE holds an meeting for investors and analysts focused on its GE Capital business. The Federal Reserve releases its report on U.S. industrial production.
Singapore beverage and property conglomerate Fraser and Neave Ltd said investors in some of its notes voted against amending the terms of the debt, which would complicate the company's plan to spin off its core property unit.
A Financial Times report said private equity firm Motion Equity Partners was talking with Boston-based investment firm HarbourVest Partners to get new capital and end its status as a "zombie" buyout firm.
Formation 8 led the Series B round for preschool-focused digital learning company Kidaptive which raised USD 10.1 million to further develop its first product, Leo's Pad: Preschool Kids Learning Series for iPad.
Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.
Cornerstone OnDemand announced the launch of the Cornerstone Innovation Fund that will invest in cloud startups to develop innovative solutions for organizations seeking to enhance their talent management strategies.
Multinational hospitality company Hilton Worldwide was expected to begin marketing a USD3.5 billion collateralized mortgage-backed security this week. This is the biggest CMBS offering since the global crisis.