Hall raises US$5.5 million from venture capitalists

Hall revealed that it had sealed its funding round, collecting around US$5.5 million from capital venture funds.


AMRC announced the pricing of US$300 million convertible senior notes

AMRC revealed to the public the pricing of their previously announced IPO. American Realty Capital Properties, Inc. announced the pricing of their underwritten public offering for US$300 million Convertible Senior Notes which are due 2018.

SEB Venture Capital invests in computer 3D company

SEB Venture Capital stated that it had invested in Donya Labs AB. SEB Venture Capital revealed that it had invested in Donya Labs AB, an international player in the optimization of 3D graphics for video games.

Ogilvy & Mather appoints former IBM Managing Director new CEO

Former IBM Managing Director Michael Dobak has been elevated to CEO by Ogilvy & Mather. Ogilvy & Mather (O&M), one the leading marketing communications companies in the globe, announced 44-year-old Michael Dobak as CEO of California-based Ogilvy & Mather West.


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Wheelock Street Capital announced that they have acquired a six hotel portfolio located in Ohio and in Texas, Tennessee from Lingate Hospitality Group.
Time Warner Cable and CBS have yet to reach a conclusion regarding the re-transmission of CBS programming.
TPG admited that its recent purchase, Assisted Living Concepts Inc., will need a lot of work for it to succeed.
Solis Capital announced that it had sold a majority stake in Tigers to GeoPost S.A. Solis Capital Partners LLC, a Newport Beach-based private equity group, revealed that it had sold its majority interest in Tigers Ltd to GeoPost S.
Unidas announced plans for a public offering. Unidas, the Brazilian car rental company, announced plans for a public offering. The company said that they plan to use the funds from the public offering to finance potential acquisitions.
KKR revealed that it has secured an average combined interest rate of 4.8% for the funds to be used in the acquisition of Gardner Denver Inc.
Travelers Cos. reported its biggest decline since 2008 in most recent quarterly report. Insurance company Travelers Cos. (TRV) announced the largest quarterly decline in five years during the reporting of its second-quarter results.
Sources stated that CRH Plc could be acquiring the cement arm of Shriram Group. Sources have said that CRH Plc, an Ireland-headquartered cement manufacturer, wanted to acquire Sree JayaJothi Cements.
Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.
PricewaterhouseCoopers reported that Florida received around US$156 million across 14 venture capital deals in the second quarter.