Confidence in ad tech partners jumped, hoping that riding on the social microblogging platform company Twitter Inc's IPO would provide them additional opportunities for ad placement.
Deals
Sale of MSG's Fuse was more common sense than strategic - report
According to a report by Forbes news magazine, the sale of Madison Square Garden Company (MSG)'s Fuse cable TV music channel was a more tactical rather than strategic move to exit from a floundering business unit.
HGST's recent buy Virident expects to soar in growth - report
According to a Forbes news magazine report by contributor Peter Cohan, Western Digital's subsidiary HGST bought Virident, a flash storage supplier, for USD685 million in cash.
Edison Ventures sells last of Tangoe shares
Edison Ventures announced that it has exited from Communications Lifecycle Management software firm Tango by selling the last of its shares.
Equity issuance presents optimistic economic growth- Reuters
A Reuters report said the growing number of equity issuance this year was a sign of positive growth.
Latest News
Qatari telecommunications firm Ooredoo would be one of the major sponsors for the Paris-St.Germain football team in the 2012/2013 French Ligue 1.
Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.
Austrian insurer Uniqa said it would selling its private equity fund portfolio worth EUR 400 million to various investors.
Fiat SpA chief executive officer Sergio Marchionne told reportersthat the merger between Italian automaker Fiat SpA and US automaker Chrysler Group LLC might be delayed because of a disagreement over the valuation of shares a retiree trust holds in Chrysler.
According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.
Serbian Deputy Prime Minister Vucic confirms on television that he had asked his friend UAE Crown Prince Mohammed Bin Zayed for a loan.
Media reports said US private equity firm KKR was considering an alliance with a Japanese government-backed investment fund for its bid of the healthcare unit of Panasonic.
A source told Bloomberg that Goldman Sachs Group snatched a lead role in the upcoming IPO of Twitter.
New York Times' Dealbook reviewed several prominent private equity deals during the buyout boom, and gave an update how the companies had been faring.
