IMDS, the leading company in the manufacture of orthopaedic implants and instruments, recently was acquired by Golden Equity Investments.
North America
KV Pharmaceuticals declares reorganization plan successful
The bankruptcy Chapter 11 plan for KV Pharmaceuticals sufficiently reduced its debt and opened a USD375 million recapitalization facility.
Kennametal purchases tungsten unit of Allegheny Technologies
Aside from paying USD605 million for the tungsten business of Allegheny Tech, Kennametal gains tax savings as well as large revenues of the business.
American Restaurant Concepts gets USD 1 million credit facility from Blue Victory Holdings
Blue Victory Holdings Inc extend a USD 1 million credit facility to American Restaurant Concepts. American Restaurant Concepts Inc announced it was able to close a credit facility worth USD 1 million from Blue Victory Holdings Inc.
Bill Cosby says African American graduates, women needed as leaders
Comedian Bill Cosby said African American leaders need to come from women and university graduates. Comedian Bill Cosby said African American leaders in the US need to come from the universities and women.
Latest News
In its latest funding round, Okta raised USD27 million from investors headed by Sequoia Capital. In an announcement, Okta said it had completed a Series D funding round where it raised a total of USD27 million.
TV actor and comedian Bob Newhart was emotional after he received his first Emmy trophy. Bob Newhart was emotional when he received his first Emmy win after five decades in show business.
Chrysler CEO Sergio Marchionne told the Financial Times that Chrysler would be ready to file for an IPO this week.
The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
Sunshine Oilsands Ltd announced the grant of the approval from the Alberta Energy Regulator. Sunshine Oilsands Ltd recently announced the receipt pf the final Alberta Energy Regulator approval and received Commercial Scheme Number 12010 for the Thickwood Project.
According to Bloomberg data, investor sentiment still had not returned to the US financial industry.
In a tech conference in San Francisco, Pebble Technology founder Eric Migicovsky expressed his confidence on their smartwatch product against similar products of tech giants such as Samsung and Apple.
The new WWE 2K14 would soon be released with superstar the Rock returning on the ring with vintage buddies including Hulk Hogan, Andre the Giant, Ultimate Warrior, said a mirror.co report.
HTC Corp. had cut the number of its US based workers, a move which the company referred a streamline on its operations after a period of growth.
