Inmarsat (ISA.L) said it had received an overdue $56.25 million payment from LightSquared, the U.S. group attempting to build a mobile network using the British satellite firm's spectrum, and in return it would suspend further payments until 2014.
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Archstone Raises $350 Million for Strategic Acquisition Fund
Fund invests capital in apartment communities located in Archstone’s core markets Archstone, a leader in apartment investment and operations, announced today that it has closed a $350 million acquisition fund to purchase apartment communities in strategic markets where it has a significant operating presence.
KKR to Invest in Yorktown Center
This is an investment in Yorktown and the Lombard community. Through a combination of proactive management, a focus on leasing, cosmetic and other improvements, we aim to add value to the Center with the hope of offering a more pleasant and practical shopping experience for residents
Cloud-based Contact Center Software Provider Five9 Raises an Additional $12M in Funding
Five9 continues rapid revenue and customer growth Five9 Inc. , the leading provider of cloud-based contact center software, has announced the successful completion of an additional round of equity financing, raising $12 million.
Reichhold Industries, Inc. Announces Extension of Expiration Date of Exchange Offer for its 9% Senior Notes due 2014
Exchange Offer Extended for an Additional Five Business Days Reichhold Industries, Inc. today announced the extension of the previously announced exchange offer and consent solicitation described in its February 16, 2012 press release.
Latest News
China is poised to boost quotas on outbound investment schemes to $100 billion and cut barriers to moving foreign currency in and out of the country in a series of swift but small steps to crank open its tightly controlled capital account.
Truveris, Inc. announced it closed a $10M oversubscribed Series B round of venture funding In its mission to simplify the complex payment and bidding process that plagues the prescription drug benefits industry, today Truveris, Inc.
Investment will be Used for B5M Website Development, Marketing and Ongoing Innovation B5M, a next-generation social shopping search engine in China, today announced a $7.
Proteus Energy Corporation, today announced the closing of a $10 million secured line of credit with Platinum Partners Credit Opportunities Fund, a private investment fund managed by New York based Platinum Partners.
United Rentals, Inc. today announced that its subsidiary, UR Financing Escrow Corporation (“UR Financing”) has priced offerings of $1,325 million aggregate principal amount of its 7.625% senior unsecured notes due 2022, $750 million aggregate principal amount of its 7.375% senior unsecured notes due 2020 and $750 million aggregate principal amount of its 5.75% senior secured notes due 2018.
JPMorgan Chase [NYSE: JPM] Friday pledged to further expand its investment to support new jobs and service in low-income communities after receiving the U.S. Treasury Department’s largest allocation of tax credits.
Transgenomic, Inc. announced that it has entered into definitive agreements with institutional and other accredited investors to raise approximately $22.0 million in a private placement financing
Investor Group Led by Centerbridge Completes Debt-for-Equity Exchange and Invests Additional $80 Million in Aquilex
On the heels of major news, mobeam adds another $1.5 million from new and existing investors Mobeam inc. (www. mobeam. com) announced today the company has added another $1.
