ReelGenie secures USD 850,000 seed funds

Startup ReelGenie closed USD 850,000 in seed funding. Maryland-based startup ReelGenie secured seed funds amounting to USD 850,000. The round was led by CNF Investments, the Maryland Venture Fund, Wharton School faculty members, and angel investors.


Independence Realty Trust Inc launches public offering

Today, Independence Realty Trust Inc has announced commencing a public offering of its 4,000,000 shares of common stock listed on the New York Stock Exchange.

Rockwood sells profitable additives segment to ALTANA Group

Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million. Rockwood Holdings Inc. agreed to part with its Clay-Based Additives operations in favor of the ALTANA Group for US $635 million.

Papa Murphy pizza chain, to pursue IPO in late 2013

Washington's Papa Murphy is in the process of selecting banks to lead the company's initial public offering set later this year.


Latest News

Marlin Equity Partners infused SigmaCare with fresh equity funding. Marlin Equity Partners recently backed SigmaCare with fresh equity funding. No financial details were disclosed, but SigmaCare CEO Steve Pacicco said the funds will be used for expansion.
Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).
A leaked photo of Apple's low-cost "iPhone 5C" seem to hint the possibility of rumors.
There are currently four ways to advertise on Twitter. Like Facebook, Twitter was focused on in-stream ads and leveraged organic social activity in the social media site.
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
Valeant Pharmaceuticals said it expected to save more than USD 800 million when it buys Bausch & Lomb.
HBC and Saks Inc. made a definitive merger agreement worth US $2.9 billion. Saks Inc. and Hudson's Bay Company (HBC) announced that they made a definitive merger agreement.
A recent filing with the US SEC showed that Frank's International N.V. raised the size of its IPO to USD 724.5 million.
PPG announced last Monday that it has agreed to sell all of its controlling stake worth US$1.73 billion in Transitions Optical.
Amazon's hiring spree aimed to fill up more than 5,000 full-time jobs before Obama's visit on Tuesday.