Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Investors
Men’s Wearhouse rejects view request on books by Jos. A. Bank Clothiers
Clothing retailer Men’s Wearhouse refused the request of Jos. A. Bank Clothiers to check the former's books in lieu of the latter's buyout bid.
Justin Bieber invests USD1.1 million in seed round for social network
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Garantia Data changes name to RedisDB – acquires USD9 million in funds
Garantia Data had renamed itself to RedisDB, following a USD9 million investment round. Aside from acquiring USD9 million in funds, Garantia Data had changed its name to RedisDB.
Supercell Oyj agrees to USD1.53 billion buyout by SoftBank for “Clash of Clans”
Supercell Oyj and SoftBank had agreed on a USD1.53 billion deal in the hopes of gaining a significant market share in mobile gaming
Latest News
Morgan Stanley posted losses on seven trading days in the third quarter but losses did not go over its value-at-risk.
Hong Kong sofa supplier Man Wah Holdings lifted its owners' stocks to USD1.1 billion after it closed at its highest level in two years.
After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
Vista Equity partners reached its USD1.1 billion target for its second Foundation Fund. Vista Equity Partners closed USD1. 1 billion for its second Foundation Fund for small and mid-cap software entities.
Dallas-based TI and 7-Eleven executives attended a forum in the Southern Methodist University where corporate venture capital was discussed.
Velocity Venture Capital accepted 10 technology startups into the third level of its Business Accelerator program.
BlackBerry Interim CEO John Chen stressed his experience to be able to turn around the firm. in light of the pull out of Fairfax Financial Holdings and the removal of their CEO, BlackBerry did damage control in appointing John Chen as its interim CEO and executive chairman.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
