Scale mattered in recent TV deals. On Monday, the fresh-out of bankruptcy Tribune Company, bought 19 stations from Local TV Holdings. This deal amounted to US$2.
Sectors
Avnet Inc To Acquire MSC Group
Avnet Inc expressed their interest in acquiring MSC Investoren GmbH Avnet Inc announced that they have entered an agreement to acquire MSC Investoren GmbH (MSC Group).
Teralys Captial to Invest $50 Million in Cleantech
Teralys Captial announced its plan to invest $50 million through Cycle Capital and EnerTech. Teralys Capital Management had announced a Can$50 million investment in the clean technology sector of Québec.
McAfee Acquires Stonesoft
McAfee announced the completion of acquisition of Stonesoft via tender offer McAfee announced the acquisition of Stonesoft via the completion of the tender offer that was announced last May 6.
Africa, a profitable place for academic endowments
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
Latest News
Macquaire fund agreed to purchase Theolia The Macquaire fund, owned by Australian bank, Macquaire, agreed to purchase Theolia, a French wind power group.
Fed's reduced bond buying threat resulted in fund withdrawals from several investors. After the Federal Reserve announced that it may slow down the pace of its asset purchases this year, several investors reacted by withdrawing their investments in mutual funds.
Shazam announced that they were able to secure a US$40 million funding from America Mobil Shazam announced that they were able to raise US$40 million for funding from America Movil.
Global venture capital financing increased globally last quarter according to a report by Preqin. Global venture capital had reached late 2012 levels of financing, increasing the numbers to US$10.
S&P lowered SoftBank's rating after winning the bid on Sprint. According to a statement by Standard & Poor, SoftBank ratings were lowered from BBB to the highest non-investment grade of BB+, with a stable outlook.
Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.
A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million A leading Chinese insurance company agreed to buy the Lloyd's Building in London.
Yahoo's top lawyer, Michael Callahan, was now at Auction.com. Michael Callahan, Yahoo's top lawyer since 1999, now works at Auction. com as its Executive Vice President and Chief Legal Officer.
TransAlta Corp planned to spin off its wind and hydroelectric power plants through an initial public offering to increase the company’s value.
