Two unusual sector start-ups drew the interest of venture capitalists during the second quarter. New England venture capitalist invested in home building and telecommunications during the second quarter.
Deals
Bill Foley gets majority stake in Touring & Tasting Marketing & Media
Bill Foley acquired the majority stake in Touring & Tasting Marketing & Media. Bill Foley announced Friday his acquisition of a controlling stake in Touring & Tasting Marketing and Media.
Advertising changes lowers target price on Google stocks
Advertising changes lowered target price on Google stocks. Google made changes to its advertising system in the hope that this would increase the revenue coming in from mobile users.
Qihoo 360 begins talks to purchase Sohu.com’s search engine
Qihoo 360 is in the early stage of negotiations to purchase Sogou, Sohu.com’s search engine. Beijing-based Qihoo 360 Technology Co. is in the early stage of negotiations to purchase Sohu.
Fertilizer industry booming, “risks can be handled”
The fertilizer industry was booming and “risks can be handled”, said local officials. Argus FMB North American Fertilizer, a trade publication, tracked around 20 proposals for fertilizer projects in North America in the past two years, according to the publication's editor, Lauren Williamson.
Latest News
San Miguel Corporation announced that they were able to raise US$400 million from the Meralco stake sale
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Puerto Rico's PREPA announced that they are set to announce the pricing for their mid-August bond deal.
Woodall Nicholson stated that a group of three investors have acquired the coach-building company. Woodall Nicholson Group has been acquired by a partnership of three Manchester-based investors.
Yelp acquired SeatMe for US$12.7 million. Yelp acquired SeatMe, an online reservation service, for US$12. 7 million. SeatMe will compete with OpenTable in the restaurant reservation scene.
Enel Green revealed plans to expand its geothermal technology while global market for it is still young.
ECWA mergers to pay debt caused WNY water bills increase. Mergers with Erie County Water Authority (ECWA) were mostly done to pay off debt. These debts were mostly caused by the localities' mismanagement.
Charter Communications is set to work with Goldham Sachs Group for the Time Warner bid. Charter Communications Inc. announced that they will be working with Goldman Sachs Group Inc for the Time Warner Cable Inc bid.
Rural/Metro Corp. stated that it was in a position that made them miss a critical bond payment, hinting at the company's financial troubles.
