Several private equity firms are making investments in wineries. Several private equity firms are making investment in wineries. These investments seemed to contradict these investors' expectation of a swift return.
North America
Employee stock sale puts Kabam's value at US$700 million
An employee stock sale placed Kabam's value at US$700 million. Kabam's employees were allowed to sell common stocks worth US$38. 5 million. The results of the private transactions placed the value of the videogame maker to US$700 million.
Share allocation of First Citizens disappoints Permell
Share allocation of First Citizens disappointed Permell. Peter Permell, a minority shareholder rights advocate, was disappointed by the government's allocation of shares of First Citizens Bank.
MB Financial acquires Taylor Capital
MB Financial, Inc. and Taylor Capital Group, Inc. announced that they have signed a definitive merger agreement for the acquisition of Taylor Capital.
Transom Capital Groups buys protective gear manufacturer
Transom Capital Group acquired One Industries, a protective gear producer based in San Diego. Transom Capital Group, a Los Angeles-based private equity company, revealed that it has bought One Industries for an undisclosed price.
Latest News
Desire2Learn Inc. decided to setup in Boston for its US operations. Desire2Learn Inc. decided to base its US operations in Boston. Desire2Learn Inc. is a Canadian company that assists schools and their teachers handle instructional material by using cloud data storage systems.
Crown Castle announced the contractual terms related to AT&T's acquisition of Leap Wireless. Crown Castle International Corp. announced contractual terms regarding leasing agreements, in light of recent AT&T acquisition of Leap Wireless International, Inc.
The San Francisco International Airport announced plans to sell US$483 million worth of bonds. The San Francisco International Airport announced plans to sell US$483 million worth of bonds.
Canadian REITs, led by Choice Properties, helped IPOs rise above SPTSX this year. Canadian real estate investment trusts (REITs) helped initial public offerings in the country to rise above the benchmark index.
EMC Corporation said it would acquire data storage developer ScaleIO for US$200 million. ScaleIO founders are expected to earn around US$60 million from a deal that will see the company being acquired by EMC Corporation.
JP Morgan set on exploring sales for their metal warehouse business. JP Morgan Chase & Co. explored options to sell its metal warehouse business. U.
According to a report, Florida received up to US$17 billion in private equity funding in 2012 while Orlando got a mere US$310 million
GLG assumes loss due to fund manager's actions. Sibanthracite Plc pulled out its initial offering (IPO) causing losses for GLG Partners Inc. this was after its former fund manager Greg Coffey blew a bet with Sibanthracite.
Florida's 'Stand Your Ground' law under fire for its role in the Trayvon Martin murder trial.
