Riverstone Holding invests in Ridgebury Tankers and the management invests in itself. Riverstone Holding has invested US$200 million in the new tanker company, Ridgebury Tankers.

Gladstone purchases a farm in Michigan and leases it out to a corporate farmer. In an announcement, Gladstone Land Corporation has acquired a farm with a land area of 119 total acres where 89 is arable land.

Concerns about money laundering and violations of the Bank Secrecy Act hold back M&T Bank's purchase of Hudson City Bancorp Inc.

Preplay raises US$4.7 million in Series B funding. At the relaunch of PrePlay Inc's MLB PrePlay v2. 0 for Android and iOS, the company announced the closure of their Series B Financing at US$4.

HD Supply is planning to hold an IPO to raise funds for the housing market. HD Supply Holdings Inc, the industrial and construction supplies distributor has filed for a US$1 billion initial public offering.

Beleaguered company J. C. Penney Co Inc has engaged the services of Blackstone Group LP's financial advisory arm for their expertise on how to best position the firm financially, according to sources.

In a push for diversification, DreamWorks Animation purchases the worldwide rights for Troll Doll Toys.

Elan shareholders approve buyback plan to avert takeover bid from Royalty Pharma. Shareholders of Irish drug maker, Elan, approved a US$1 billion or GBP651 million share buyback approval.

KKR's Asia Fund purchases Warburg Pincus shareholdings in Alliance Tire Group. KKR & Co LP has entered into an agreement to acquire a controlling stake in Alliance Tire Group.

We Are Hunted, a music streaming service on Twitter, was recently bought out by the social media network.