Acer CEO and Chairman J.T. Wang announced his resignation today amidst a better third quarter results report.
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BlackBerry's funds slowly bleeding out
BlackBerry's cash reserves may only last until 2014. Beleaguered smartphone maker BlackBerry had planned to issue convertible notes worth USD1 billion after the collapse of its Fairfax Financial Holdings bid.
ICE CEO optimistic that NYSE takeover will conclude in days
IntercontinentalExchange Inc Chief Executive Jeff Sprecher said on Tuesday that he expected the consolidation between his company and NYSE Euronext be completed within days.
3i buys out Allianz in Scandlines
3i pays EUR165 million for the 49% stake of Allianz Capital Partners in Scandlines. 3i, the private equity investor, had bought out the co-owner of its ferry group Scandlines.
Confie Seguros acquires two insurance brokerages
Confie Seguros acquired DeFranco Insurance Agency and Insurance Group of America. One of the fastest growing national providers of personal lines insurance, Confie Seguros, announced today its acquisition of two insurance brokerages, namely DeFranco Insurance Agency Inc of Niagara Falls, NY and Insurance Group of American Inc dba City Insurance of Palm Springs FL.
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Sidley Austin LLC had announced Timothy Spangler joining the firm as its new partner for its Global Investment Funds unit.
The two banks for middle market advisory services have merged to provide a wider range of portfolio services to its clientele.
E-commerce company Linio's USD50 million new investment would go towards company expansion. According to a VentureBeat report, e-commerce company Linio received an additional USD50 million in investment.
The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.
Midatech's unique biocompatible gold-nanoparticles raised GBP10 million from investors. One of the global leaders in nanomedicine design, synthesis and manufacturing, Midatech Ltd, announced the completion of the issuance of its new equity.
According to a source, Troy Carter apparently had been busy not managing Lady Gaga's music career, causing the music artist to sever ties with her long-term manager.
Etisalat and Vivendi formalize agreement as to the sale of Maroc shareholdings from Vivendi to Etisalat.
Online wedding registry website Zola received USD3.25 million in funding led by Thrive Capital, with participation from investors including Gilt Groupe founder Kevin Ryan.
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp expanded its existing joint venture to effective save production costs.
