Rob Marcus, the incoming Chief Executive Officer of Time Warner Cable Inc, said he is the perfect guy to manage cable company's mergers and acquisitions component.
Regions
Meditor Capital to shutdown, blames European rules against short selling
Talal Shakerchi-backed hedge fund Meditor Capital Management is shutting down its equity fund, citing European rules that require hedge fund firms to disclose their bearish bets against companies.
Malaysia's HELP International gets USD111 million buyout bid
Private equity group Southern Capital Partners offered to buy Malaysian tertiary education provider HELP International Corp Bhd for USD111.3 million (MYR359.3 million) and plans to delist the firm should the deal be successful.
Sources say The Rubicon Project Inc hires Morgan Stanley, Goldman Sachs Group Inc for IPO
Morgan Stanley and Goldman Sachs Group Inc were hired by The Rubicon Project Inc to lead its IPO next year.
Odyssey exploring sale of aircraft parts manufacturer Wencor
New York-based private equity firm Odyssey Investment Partners is reportedly looking to sell its portfolio company Wencor Group. Wencor manufactures aircraft parts and is based in Springville, Utah.
Latest News
More investors discouraged by the declining fortunes of ESL Investment's stake in Sears Holdings Corp. are heading for the exit. American billionaire Edward Lampert owns ESL Investments and leads Sears Holdings.
Philadelphia-based company Monetate has raised USD8 million for the development of its platform that helps other companies drive their sales through analysis of data from various sources.
Although Nelson Mandela was best known for his role in ending apartheid in South Africa, a report from Businessweek highlighted the economic legacy left by the late leader.
San Francisco-based online web development school Bloc has raised USD2 million in seed funding which will be used to hire additional staff and establish new online courses.
Singapore's Temasek Holdings is not like any other sovereign wealth fund. This was according to a Chairman Lim Boon Heng in a conference held in Singapore.
US-based cloud storage firm Box confirmed it closed USD100 million in fresh capital to catalyze its global expansion as it sealed commercial transactions with Japanese firms.
A report from the Business Standard said retail investors of mutual funds in India were not timing their redemptions properly and as a result, are getting poor returns.
US-based messaging app Snapchat is raising another USD55 million just six month after it raised USD60 million in its Series B round, pushing the app's valuation to around USD2 billion.
An unnamed Boston-based investment advisor led the USD 30 million financing round for Mozido Inc. The Texas-based mobile payment, shopping and marketing solutions provider also named Ric Duques as Chairman of the Board.
