Leonard Green is exploring sale of Brickman, which is valued at about USD1.5 billion. Los Angeles private equity company, Leonard Green & Partners LP had asked Barclays and Morgan Stanley to handle an auction for Brickman Group Holdings Inc.
Sectors
Nimble Storage to set an IPO later this year - sources
Sources said Nimble Storage would go public later this year and chose Goldman Sachs Group Inc to lead the company's IPO.
Lenovo mobile sales drives rise in profit
Lenovo Group said the corporation is currently evolving as a wireless computing supplier due to the booming sales of smartphones and tablets.
Former Vitesse execs plead guilty in backdating-related lawsuit
Two former executives of Vitesse Semiconductor Corp pleaded guilty for inflating the earnings of the corporation and backdating stock options.
Google blocks Microsoft's YouTube app for Windows Phone
Google blocked videos from playing on the Windows Phone YouTube app made by Microsoft. The videos from the YouTube app installed in every Windows Phone were blocked by Google for infringing the terms of use.
Latest News
David Blitzer and Joshua Harris just purchased the New Jersey Devils hockey team. David Blitzer, Senior Managing Director of Blackstone Group and Joshua Harris, co-Founder of Apollo Global Management just bought the New Jersey Devils hockey team from former Lehman Brothers executive, Jeffrey Vanderbeek's ownership controlled group.
Kelso in advance talks to sell Custom Building Products in what could be a multi-million dollar buyout.
It was announced that Parthenon acquired Bracket from Express Scripts Holding Company. Bracket announced via Press Release that it is no longer under the wing of Express Scripts Holding Company.
Facebook confirmed testing on a new payments product that may take other mobile payment platforms like Paypal.
Skylanders action figures sales surpass all action-figure sales in the US and Europe, according to Activision Publishing.
Fulcrum Equity Partners lead growth capital investments for outcome-based preventive health company, RivalHealth.
Cumberland Advisors' David Kotok isn't convinced about Apple's rally in share price yet.
Security firm Trusteer was acquired by IBM to expand their business in cybersecurity. IBM announced Thursday that it had agreed to purchase Israel startup Trusteer.
Retail company Macy's blamed shoppers' current spending habits for its second quarter sales.
