After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
Sectors
Koos Bekker becomes billionaire with China media
Koos Bekker became a billionaire earlier this year after he transformed Naspers Ltd. from an old-print business into the largest media firm.
Carlyle Group welcomes new power team co-head
Carlyle Group LP welcomed its new member Matthew O'Connor, an executive from GE Capital, who was hired as managing director for the company's energy team.
Ally seeks to repay USD$1 billion bailout
Ally Financial Inc. said through a statement that it had sought to repay a bailout debt valued USD1 billion.
BRE sale inevitable due to the company’s lagging value
BRE Properties Inc. declined a takeover deal priced USD4.6 billion as the valuation of the company was severely discounted.
Latest News
Champion Medical Technologies won a "multi-million dollar investment" from Jump Capital, a private equity firm based in Chicago.
Leonard Riggio suspended his planned bid for Barnes & Noble Inc.'s retail businesses amid the firm's accelerating losses.
SmartyPants partnered with crowdfunding platform CircleUp to score USD 2.59 million in financing from new and current investors.
J.C. Penney announced the company's performance in the last quarter showed a severe drop in sales.
H.I.G. Capital-backed Harrison Gypsum acquired the Eagle Ford Division of Pinnacle Materials. Global private equity investment company H. I. G. Capital announced the acquisition of the Eagle Ford Division of Pinnacle Materials.
A Reuters report stated that Amazon Inc invested a massive USD13.9 million on warehouse facilities to strengthen its expansion.
BHP Billiton finally makes a major investment after declaring last year that the mining company will not partake in any big expenditures.
Home Deport benefited from the recovery of the US housing market. The revitalization of the U. S. housing market helped Home Depot Inc. top the quarterly profit and sales assessments made by analysts on Tuesday.
KKR inked a definitive agreement to buy RigNet Inc from Cubera. Leading investment company Kohlberg Kravis Roberts & Co (KKR) signed a definitive agreement to acquire RigNet Inc.
