HootSuite gained US$165 worth of Series B funds from several investors today. HootSuite, an application catering to Twitter users, announced today that it has gained more funds worth US$165 million for its Series B fundraiser.
Sectors
Pret A Manger gets funding from debt recapitalization
Pret A Manger, with the help of private equity firm Bridgepoint, acquires GBP375 million from debt recapitalization.
IAN pours undisclosed amount to IndiaCollegeSearch
Indian Angel Network invested in IndiaCollegeSearch, an online search engine dedicated for Indian educational institutions.
Fisher Communications shareholders say Sinclair's USD 373 million offer not enough
Minority shareholders of Fisher Communications said that the USD 373 million offer by Sinclair Broadcast Group to buy their television group undervalued its worth.
Viacom doubles stock buyback program to US$20 billion
Viacom doubled up its stock buyback program to US$20 billion which resulted in a surge in the company's shares.
Latest News
The Special Committe of Dell entered a revised merger deal with Silver Lake and Michael Dell. According to an announcement made by the Special Committee of the Board of Dell Incorporated, the company entered a revised definitive merger deal with Silver Lake Partners and Michael Dell.
India loosened rules for foreign direct investors on the local retail industry as part of its drive to lure more foreign firms.
Toronto-based Transition Therapeutics announced its USD 21.7 million private placement with investors.
Disa bought Primtemps, a French department store from Deutsche Bank and Murizio Borletto. Italian entrepreneur Maurizio Borletti and the Deutsche Bank successfully sold one of France's largest department store chains to Divine Investments SA (Disa).
Kazakhmys Plc and its shareholders announced that they are have approved the bid from ENRC founders for stake sale.
A source told Reuters that Dell's special committee and CEO Michael Dell's buyout consortium might finally be getting close to a deal.
Ross McEwan, the new CEO for the Royal Bank of Scotland, was tasked to start selling bank stake once he comes to office in October.
Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
Grosvenor Capital Management and Credit Suisse agreed on the latter's sale of its Customized Fund Investment Group.
