Springfield Homecare, using the Business Growth Fund, purchases Positive Life Choices. Springfield Homecare Services Ltd is a unit of Springfield Healthcare Group, which is backed by the Business Growth Fund.
Sectors
OMERS Ventures and Covington Capital Funds Fusebill
Fusebill gets much needed capital infusion from OMERS Ventures and Covington Capital. OMERS Ventures, the venture capital investment arm of OMERS, one of Canada's largest pension plans, invested $2 million to Fusebill.
Toronto Casino nearing approval for Cadillac Fairview and MGM
The approval by the mayor's executive committee pushes the casino plan forward for Cadillac Fairview and MGM.
Glass Lewis Accepts New Merger Terms
Glass Lewis has recommended the acceptance of new merger terms for T-Mobile and MetroPCS. In a 180 degree turn, proxy advisory firm Glass Lewis is now recommending to its MetroPCS Communications shareholders to approve the wireless service provider's merger with T-Mobile USA.
Bertelsmann to Sell Off RTL
Selling of RTL would allow Bertelsmann to proceed with expansion plans. Media conglomerate Bertelsmann of Germany is projecting a fund raising value of Eur1.
Latest News
ING US, the subsidiary of Dutch ING Groep NV would be offering 64.2 million shares in its IPO priced between US$21 and US$24 per share.
Cathedral Capital offered for sale by Lloyd's of London. According to reports, Lloyd's of London insurer Cathedral Capital is up on the auction block.
John Paulson says that Dish offer is more than just investment, it is also spectrum and synergy. According to hedge fund giant John Paulson, the US$25.
Fairway Market offers 13.7 million shares at US$13 per share totaling US178.1 million. Fairway Market, the high end grocery store chain, has announced the price of its initial public offer of 13.
Atlas Pipeline Partners purchases interests in Eagle Ford field in Texas and Woodford shale field in Oklahoma.
The entertainment division would carry the name 21st Century Fox and the publishing division would retain the News Corp name when Rupert Murdoch's empire would be split by the end of the year.
Stephen Feinberg, owner of Cerberus Capital Management, may bid for shareholdings of Freedom Group after his own firm is selling off the shares.
Brookfield Management spin off completed through share dividends. In an announcement today, Brookfield Asset Management Inc disclosed that the spin-off of Brookfield Property Partners L.
Energy Future Holdings has proposed a bankruptcy plan to manage the company's debt. Formerly known as TXU Corp, Energy Future Holdings has presented a pre-formatted bankruptcy case that would restructure its debt of $32 billion but no agreements have been finalized according to the company last Monday.
