Hudson's Bay Co said last Monday that they would acquire Saks Inc. for US$16 per share piece in cash including debt.
Investors
Telegraph Hill Partners raises USD 310 million for THP III
Telegraph Hill Partners raised USD 310 million in capital commitments for their new fund. Telegraph Hill Partners (THP) garnered capital commitments worth USD 310 million to finance the THP III.
Odyssey Investment Partners gets loan from CIT Group to support Cross Country Pipeline Supply Co. buy
The CIT Group loaned from Odyssey Investment Partners an undisclosed amount to support the former's acquisition of Cross Country Pipeline Supply Co.
ReelGenie secures USD 850,000 seed funds
Startup ReelGenie closed USD 850,000 in seed funding. Maryland-based startup ReelGenie secured seed funds amounting to USD 850,000. The round was led by CNF Investments, the Maryland Venture Fund, Wharton School faculty members, and angel investors.
Independence Realty Trust Inc launches public offering
Today, Independence Realty Trust Inc has announced commencing a public offering of its 4,000,000 shares of common stock listed on the New York Stock Exchange.
Latest News
California-based GridGain Systems gets US $10 million in series B funding from Almaz Capital. GridGain Systems acquired US $10 million from a series B venture funding led by global venture capital firm Almaz Capital.
Marlin Equity Partners infused SigmaCare with fresh equity funding. Marlin Equity Partners recently backed SigmaCare with fresh equity funding. No financial details were disclosed, but SigmaCare CEO Steve Pacicco said the funds will be used for expansion.
Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).
A leaked photo of Apple's low-cost "iPhone 5C" seem to hint the possibility of rumors.
There are currently four ways to advertise on Twitter. Like Facebook, Twitter was focused on in-stream ads and leveraged organic social activity in the social media site.
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
Valeant Pharmaceuticals said it expected to save more than USD 800 million when it buys Bausch & Lomb.
HBC and Saks Inc. made a definitive merger agreement worth US $2.9 billion. Saks Inc. and Hudson's Bay Company (HBC) announced that they made a definitive merger agreement.
A recent filing with the US SEC showed that Frank's International N.V. raised the size of its IPO to USD 724.5 million.
