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Crest Files Proxy Statement

Crest Financial files a proxy statement contesting the Sprint Nextel-Clearwire merger. The biggest minority shareholder in Clearwire Corp, Crest Financial Ltd, has filed a proxy statement with federal regulators.


Buyout Consortium Falls Short for Life Tech

Thermo Fisher's bid for Life Technologies remained the best offer compared to an effort of buyout firms to put together a bid proposal.

Google Glass Gets Venture Capital Backing

Google Glass gets backing from venture capital firms. A number of venture capital firms have teamed up to provide funding for companies working on Google Glass.

MetroPCS Shareholders Await Management's Moves

Before the MetroPCS shareholder meeting, the shareholders that had filed suit are now wondering the next move the merging firms.


Latest News

The Carlyle Group establishes its Indonesian office and taps a former UBS banker to head it. In a clear sign of expansionist motives, the Carlyle Group LP has launced an Indonesia office and has tapped a former banker of UBS to head the firm's operations in the country.
Pramerica rates and structure allows for newer and better collateralized loan obligations to be utilized in the market.
Luxembourg joins the many other members of the EU in allowing the relaxation of bank secrecy laws on deposits made in their country.
Australian surfwear firm Billabong announced that it has entered into a 10-day exclusive takeover talks with its former head Paul Naude and private equity firm Sycamore Partners.
The U.S. Securities and Exchange Commission has adopted new rules that require stock brokerages, mutual funds and investment advisers to establish programs to help detect identity theft.
The Canadian government has announced a government investment that allows Toronto-based startup ThoughtWire access to close to $2 million financing from southern Ontario angel investors to accelerate the development of its innovative software platform.
Carlyle Group purchases Central Plaza for US$267 million from Forterra Trust. Private equity giant the Carlyle Group has announced the acquisition of the Central Plaza for US$267 million.
Cortland Fund Services has been chosen to provide fund administration services to four new private equity real estate funds managed by real estate management firm BainbridgeZKS.
Options City receives financing from Edison Ventures. Edison Ventures announced its capital investment in OptionsCity Software, a provider of electronic trading platforms.
The recent decline of an offer and its sudden stop in its search for a partner has put Gleacher in deeper issues moving forward.