Fairholme Capital Management announces proposal for purchase of insurance businesses from Fannie Mae and Freddie Mac
Investors
Redfin raises $50 million from Tiger Global, T. Rowe Price
Online real estate company Redfin said it has raised $50 million from investment companies Tiger Global Management and T. Rowe Price Associates, making it the latest venture capital-backed company to look to nontraditional backers for venture funding
Quirky raises USD79 million to build more weird connected devices
New York-based online shop and gadget developer Quirky scooped up USD79 million in a Series D funding round to be used for building more strange connected devices.
Textbook publisher Houghton Mifflin Harcourt prices IPO at $12 a share
Houghton Mifflin Harcourt Co, the textbook publisher that emerged from bankruptcy last year, priced its initial public offering at $12 per share, below the range it guided towards earlier this month.
Snapchat rejects USD3 billion bid from Facebook
Popular photo sharing service Snapchat turned down a USD3 billion acquisition bid from social media giant Facebook, saying the company will not start considering offers until next year.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
Crocs Inc, known for its colorful clogs, has hired investment bank Moelis & Co to explore strategic alternatives, including a leveraged buyout, two people familiar with the matter said on Wednesday.
A total of USD3.9 million was raised in a Series A funding round for Scoopshot by lead investors Conor Venture Partners and the Finnish Industry Investment and the startup's existing investors.
Mustbin allows users to store photos of importance like pictures of documents, forms and receipts on the cloud via a smartphone, and the startup who created the app planned to use the seed investment to create an app version for Android and the iPad.
Synaptics Inc reported in its Form 8-K that on November 7, 2013, Synaptics Incorporated, completed its acquisition of Validity Sensors, Inc., pursuant to the terms of an Agreement and Plan of Reorganization, dated as of October 9, 201
Ezoic's automated website layout and ad improvement software was central to the closure of USD5.6 million Series A funding round through the efforts of Balderton Capital and other investors.
Although it has plans to spin off its power plants, Canadian Solar Inc otherwise had a best-performing third quarter after incurring losses successively in its last eight quarters.
Co-founder and CEO Dan Robichaud of Password manager applicaton PasswordBox believed that Apple Inc's new TouchID system for its smartphones and iPads would be a great opportunity for the app maker to capitalize on.
The Additional Securities were acquired by ILJIN for investment purposes. Such investment will be reviewed by ILJIN on a continuing basis and such holdings may be increased or decreased in the future. ILJIN may acquire additional ordinary shares of Aurinia, privately or otherwise, as the circumstances or market conditions warrant.
