In a statement today, ebay Inc announced that it had agreed to acquire Braintree for around USD800 million in cash.
Investors
Sofitel set to expand in the Gulf region
Sofitel would be opening hotels in Qatar and Saudi Arabia. Sofitel, the luxury hotel brand, is owned by French company Accor, was said to be in active discussion to sign new hotels located in Qatar and Saudi Arabia.
RidePal scores USD 3.2 million in Series A round
RidePal gathered USD 3.2 million for its Series A round. San Francisco-based shuttle service provider RidePal announced that it was able to score USD 3.
Ares Capital Corporation announces plan to offer 11 million shares of common stock
Ares Capital Corporation announced plan to conduct a public offering of 11 million shares of its common stock.
Landing page generator LeadPages receives USD5 million investment from Foundry Group
According to a Techcrunch report, Foundry Group pledged a USD5 million Series A investment to Minneapolis landing pages services startup LeadPages.
Latest News
On Thursday, stock exchange SecondMarket launched the first virtual money investment fund in the United States.
The major technology bourses NYSE Euronext and NASDAQ OMX Group was required by regulators to improve the technology as to back up feeds.
Lone Star Funds' Southeastern Grocers filed for a USD 500 million IPO. A regulatory filing showed Southeastern Grocers would be filing for an initial public offering (IPO) to raise up to USD 500 million.
American Industrial Partners would be acquiring Flow International Corporation in a deal worth more than USD 200 million.
In a Bloomberg report, the news agency said that Applied Materials Inc Chief Executive Officer Gary Dickerson's dedication to close his company's USD9.39 billion Tokyo Electron Ltd acquisition would lead him to, according to sources, move his family to Tokyo.
Sources told Bloomberg that Royal DSM NV was already in the second round of bidding for its caprolactam business.
Cramo Oyj experienced a 7.8% decline after its main stakeholder, the Hartwall family, sold half of its stake in the firm.
Oaktree Capital Management's Stock Spirits Group announced plans of a share sale to raise GBP 52 million.
Founders of the Eurasian Natural Resources Corp (ENRC) won 95.99% in shareholder approval on the takeover of the company.
