Hudson Insurance Group announced today its acquisition of the Surety Team from American Safety Insurance Holdings Ltd.
Deals
Potbelly IPO proceeds to pay off debts and expansion plans
Potbelly gained USD105 million in its IPO, which would be used for dividend and debt payouts. Potbelly Corp, the company that sells made to order toasted sandwiches, had raised nearly USD105 million in its IPO in the United States.
Angel investors flock to syndicate site for venture capital
After AngelList was allowed to list companies and their backers to publicly solicit funds last week, venture capitalists flock to syndicate the site for venture capital.
Solar Senior Capital announces acquisition of Gemino Healthcare
Solar Senior Capital had announced its acquisition of Gemino Healthcare Finance following a definitive agreement last September 30, 2013.
Ascent products to be sold in Wal-Mart stores
Ascent's solar powered chargers for iPhones and Galaxy 4 would now be available in Wal-Mart stores after an agreement was signed between the two companies.
Latest News
Twitter disclosed its financial information to potential investors after filing its IPO documents, said a Reuters report.
The shareholders of Harris Teeter Supermarkets Inc. voted in favor of a previously announced merger agreement with The Kroger Co. during a special shareholder meeting held today.
Google Inc confirmed through a spokesperson that it had acquired Flutter, a startup company in development of a hand gesture interface technology.
Industry sources told Reuters that several private firms and companies like Bloomberg News would face heavy competition in acquiring financial news provider Mergermarket.
Greenline Financial Technologies specialized in Financial Information Exchange was acquired by CameronTec through a buyout.
In an interview fresh from its acquisition of Investors Capital Holdings Ltd, RCS Capital Corp Executive Chairman of the Board Nicholas Schorsch said his company would still be on the lookout for more potential buyouts.
The Wall Street Journal cited a source who said the Robinsons Retail Group of the Philippines had started testing investor demand in the company's planned USD800 million initial public offering.
Activist investor William Ackman told investors through a letter dated October 2 that he had reduced over 40% of his USD1 billion investment with nutritional supplements company Herbalife.
The ownership structure of the new merged firm between Oi SA and Portugal Telecom would be simple, compared to the previous structure.
