School bus company Atlantic Express Transportation Corp filed for debt relief. Atlantic Express Transportation Corp sought Chapter 11 bankruptcy protection, according to a court filing.
Deals
Brentwood Associates affiliate acquires Allen Edmonds Corp
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Cooper Tire & Rubber, Apollo Tyres go to trial today over buyout deal
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
Spire Capital to make full exit of Just Marketing International for USD 76 million
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Hong Kong's Man Wah Holdings closes at two-year high
Hong Kong sofa supplier Man Wah Holdings lifted its owners' stocks to USD1.1 billion after it closed at its highest level in two years.
Latest News
Vista Equity partners reached its USD1.1 billion target for its second Foundation Fund. Vista Equity Partners closed USD1. 1 billion for its second Foundation Fund for small and mid-cap software entities.
Dallas-based TI and 7-Eleven executives attended a forum in the Southern Methodist University where corporate venture capital was discussed.
Velocity Venture Capital accepted 10 technology startups into the third level of its Business Accelerator program.
BlackBerry Interim CEO John Chen stressed his experience to be able to turn around the firm. in light of the pull out of Fairfax Financial Holdings and the removal of their CEO, BlackBerry did damage control in appointing John Chen as its interim CEO and executive chairman.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
YRC Worldwide Inc sought new labor contract terms from its union employees to get lenders' approval to refinance the trucking company's borrowings.
TheSkimm received USD1.1 million in seed funding for the development of its newsletter for busy professionals.
Environment-friendly home furnishing company Bambeco Inc gathered USD 4.5 million in its first institutional fundraising round.
Following the strong demand, Twitter raised its IPO price from USD23 to USD25. The social networking site has felt more optimistic than ever about its IPO for potential investor's reports The New York Time's the Deal Book.
