Spirit Realty will merge with Cole Credit Property Trust II to create a commercial real estate firm with a combined value of $7.1 billion.
North America
US securities fraud class actions tumble
Fewer investors are taking corporate America to court for fraud. Fewer investors are taking corporate America to court for fraud. The number of new federal securities fraud lawsuits seeking class-action status fell to a 7-year low in 2012, according to a study by Stanford Law School and Cornerstone Research released on Wednesday.
Deals of The Day — Mergers and Acquisitions
Bids, mergers, acquisitions and disposals on Wednesday The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: - Cisco Systems Inc said it will buy Israeli software maker Intucell for about $475 million in cash to expand its mobile network management offerings.
New York banker Gordian Group to advise Hostess' bakery union
The union and pension fund for Hostess Brands Inc has hired Gordian Group to help preserve jobs and workers' benefits at the bankrupt maker of Twinkies snack cakes.
Ribbit Capital Closes $100M Venture Capital Fund
Ribbit Capital Launches Inaugural Fund with Four Initial Investments Ribbit Capital, a new Silicon Valley-based venture capital firm, has set its sights on changing this by raising a significant amount of venture funding that will be aimed singularly at driving innovation around the world in lending, payments, insurance, accounting, tax preparation and personal financial management.
Latest News
Prosper said on Tuesday it raised $20 million from venture capital firms stepping up competition with rival Lending Club.
Fixmo today announced that it has received a strategic investment from Samsung Venture, the venture capital arm of the Samsung Group
Education Holdings 1 Inc filed for bankruptcy protection a month after it agreed to settle allegations that it had made claims for tutoring services that it had not provided
Vision Critical today announced the acquisition of DiscoverText, a robust cloud based text analytics solution
Verizon on Tuesday posted weaker-than-expected wireless operating profit margin due to hefty costs from the sale of smartphones like Apple's iPhone
TD Ameritrade gathered record net new client assets of $16 billion - up more than 50 percent from the same quarter a year ago.
A Montreal-based transportation and logistics company, TransForce Inc., is set to acquire Texas-based Velocity Express and its subsidiaries for approximately $35 million.
A report submitted by the U.S. House of Representatives Committee on Energy and Commerce found out that U.S. subsidiaries of foreign corporations have received around one-quarter of $16 billion from Section 1603 grant program.
CSi Complete, a provider of credible service and call center services to the automotive and insurance industries has merged with TenPoint Insurance Solutions.
