School bus company Atlantic Express Transportation Corp filed for debt relief. Atlantic Express Transportation Corp sought Chapter 11 bankruptcy protection, according to a court filing.
North America
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.
Brentwood Associates affiliate acquires Allen Edmonds Corp
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Cooper Tire & Rubber, Apollo Tyres go to trial today over buyout deal
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
Pimco loses fund crown to Vanguard
Pimco Total Return lost its title as the biggest mutual fund to Vanguard Total Stock Market Index. Vanguard Total Stock Market Index overtook Pimco Total Return as the world's largest mutual fund by assets.
Latest News
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.
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
SAC Capital pleaded guilty to five counts of criminal charges amounting to USD1.2 billion in penalty.
YRC Worldwide Inc sought new labor contract terms from its union employees to get lenders' approval to refinance the trucking company's borrowings.
TheSkimm received USD1.1 million in seed funding for the development of its newsletter for busy professionals.
