Natalie Gordon, a shareholder at Verizon Communications filed a lawsuit against the company claiming that the deal with Vodafone Group Plc was overpriced.
Deals
Malkin Holdings to proceed Empire State Building IPO
Malkin Holdings, who manages the Empire State Building and its investors, to proceed with an initial public offering (IPO) of the building into a real estate investment trust (REIT).
Onyx undervalued during buyout, according to its shareholders
The buyout of Onyx Pharmaceuticals was tainted with conflicts of interest and undervaluation, according to its shareholders.
BoostCTR raises USD8 million, hires new CTO
Startup firm BoostCTR had announced it had raised USD8 million in Series B funding and hired a new CTO for the firm.
Sources say WestView Capital Partners got oversubscribed USD430 million fund
WestView Capital Partners had wrapped up a total of USD430 million which sources referred to as an oversubscribed fund.
Latest News
Protein Bar had reached late stages talks with private equity firm Catterton Partners over a deal priced USD22 million.
Carlyle Group LP and Hellman & Friedman LLC were among other private equity companies that had been vying to acquire One Call Care Management Inc. for a deal valued USD1.5 billion.
Chicago Mayor Rahm Emanuel had cancelled the bidding for the lease of the Midway Airport. Mayor Rahm Emanuel of Chicago last Thursday cancelled a deal to lease the Midway Airport.
Private equity firms Headway Capital Partners and Committed Advisors issued a statement that they would be backing the spin-off of Loudwater Trust's portfolio.
Deutsche Telekom had applied for a sports betting license and is currently reviewed by the Interior Ministry of the German state of Hesse.
European retailers had been looking to get more profit through online food businesses as the grocery segment make up around 40% of retail sales.
Creative ad platform operator Boost Media Inc. raised USD8 million in seed funding to improve its creative ad platform BoostCTR.
Analysts said that General Electric Co would be eyeing Dresser-Rand Group Inc. and Dril-Equip Inc as potential takeovers.
Finnish modern design house Artek sold its business to Swiss design firm Vitra. Alvar Aalto-founded Finnish modern design house was sold to Swiss firm Vitra.
