ICE chief executive officer Jeffrey Sprecher said divestments of some of NYSE's assets was detrimental to its goal of reducing expenses of its newly-combined company.
Investors
New Frontier Foods nets USD1.7 million in first seed funding
California-based seaweed chip company New Frontier Foods Inc. bagged USD1.7 million in its first seed funding round from executives at top corporations and other investors.
Private equity firm, bank surpasses Hong Kong government in Philippine aid
An article pointed out how the donation of the state of Hong Kong paled in comparison to donations and efforts by HSBC Group and KGLI Asia.
Trustwave acquires Application Security
Chicago-based tech company Trustwave Holdings Inc signed a deal to acquire New York-based data security software provider Application Security Inc for an unconfirmed amount yesterday.
Goldpoly teams up with Kunlun for joint acquisition of 500MW solar power plants
Goldpoly New Energy Holdings Limited entered into a framework agreement with Kunlun Trust Co., Ltd for a joint acquisition of 500MW of solar energy plants in China and Mongolia.
Latest News
San Francisco-based payment and open currency startup Ripple Labs raised USD3.5 million in a funding round to be used for the development of its digital currency network.
Textbook rentals and academic services company Chegg priced its IPO at USD12.50 per share. The startup exceeded expectations after initially pricing its share at USD9.50 to USD11.50 per share.
The chief executive officers of Men's Wearhouse and Jos A Bank had discussed encouraging points as to the further exploration of merger talks between the two clothing firms.
Netherlands-based LED lighting solutions developer Ledzworld recently received USD5 million in funding to be used for the acceleration of its sales, manufacturing, and global expansion.
Brand Energy & Infrastructures Services Inc. proposed terms on a debt backing its leveraged buyout by Clayton, Dubilier & Rice. Western Refining, on the other hand, sought a loan for its Northern Tier acquisition.
New York-based consumer and retail-focused investment bank Financo announced its intention to raise USD75 million to USD100 million for the launching its private equity fund in 2014.
A source told Reuters that Washington-based lobbying firm Patton Boggs' merger discussions with Dallas-based law firm Locke Lord included a due diligence review of a possible merger suitor.
In a moment of candor, Canadian Finance Minister confirmed that the federal government would be open to options as to how to best utilize its 8.5% stake in the Hibernia offshore oil project.
San Diego-based specialty pharmaceutical company Zogenix Inc planned to raise USD56 million by selling its common stock after suffering through losses and lack of capital.
