Energy Future Holdings has proposed a bankruptcy plan to manage the company's debt. Formerly known as TXU Corp, Energy Future Holdings has presented a pre-formatted bankruptcy case that would restructure its debt of $32 billion but no agreements have been finalized according to the company last Monday.
North America
Paulson Votes for Dish deal for Sprint-Nextel
John Paulson says that Dish offer is more than just investment, it is also spectrum and synergy. According to hedge fund giant John Paulson, the US$25.
Fairway Market Raises US$178.1 million in IPO
Fairway Market offers 13.7 million shares at US$13 per share totaling US178.1 million. Fairway Market, the high end grocery store chain, has announced the price of its initial public offer of 13.
Atlas Pipeline Partners in Acquisition Mode
Atlas Pipeline Partners purchases interests in Eagle Ford field in Texas and Woodford shale field in Oklahoma.
21st Century Fox and News Corp Names Emerge from Split Murdoch Empire
The entertainment division would carry the name 21st Century Fox and the publishing division would retain the News Corp name when Rupert Murdoch's empire would be split by the end of the year.
Latest News
Dr Stella M. Sung has been appointed as the new COO for Tauriga Sciences. In an announcement, biotechnology company Tauriga Sciences has named Stella M.
Pine Tree raises nearly US$100 million in new capital funding. The Miami, Florida based private equity firm Pine Tree Equity III, LP disclosed to the public that it was able to close a US$100 million third private investment fund in April 2013.
Booker has raised US$27.5 million in series financing. The former GramercyOne firm now called Booker is the leading service management platform which helps small and medium sized multi-location enterprises that unifies operations into a single cloud based system.
Prospect Partners invests in Velocity Aerospace Group. A leading private equity firm focused on smaller lower to middle market companies, Prospect Partners, had announced that it has placed an investment with Velocity Aerospace Group Inc.
Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.
Agila Biotech and Pfenex Inc enter into a joint venture for development of multiple sclerosis drug development.
Vintage Capital prices Anaren shares at US$23 per share in its purchase offer. Vintage Capital Group LLC, the investment firm has offered to purchase Anaren Inc for the price of US$23 per share.
AMR Corp, the parent of American Airlines, is nearing bankruptcy exit and with that, merger of the two air carriers is near.
Bain Capital LLC's Capital Fund XI is in the process of finalizing its subscriptions from investors.
