Independent Bank Group, Inc., the holding company for Independent Bank, today announced that Independent Bank Group has entered into a definitive agreement to acquire BOH Holdings, Inc. and its subsidiary, Bank of Houston, Houston, Texas.
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Federal judge approves Jefferson County plan to end bankruptcy
Judge Thomas Bennett of the US Bankruptcy Court in Birmingham, Alabama approved Jefferson County's debt restructuring plan to exit bankruptcy after a 14-hour hearing on Thursday, November 21.
Half of angel investors regret 2013 investments -survey
A recent survey by analytics company Worthworm found that 46% of Angel investors regretted the investments they made in 2013 because of overly optimistic financial projection and unrealistic pre-money valuations.
Party City gearing up for early 2014 IPO: sources
US-based party goods retailer Party City Holdings Inc is preparing for a potential initial public offering (IPO) in early 2014, according to anonymous sources familiar with the matter.
Jefferson County, Wall Street creditors agree on revised terms to end bankruptcy
Officials of Jefferson County in Alabama said it had arrived at a new agreement with its Wall Street creditors that would pave the way for its exit from its USD 4.2 billion bankruptcy.
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The following bids, mergers, acquisitions and disposals were reported on Thursday including Omnicom, General Motors, Deutsche Telekom, Devon Energy and others
Harvard University has resorted to suing Chime Master Systems over a dispute over a cracked church bell a few months after the installation of a new clapper unit.
Sources name the Carlyle Group LP and a combined group from Danaher Corp and Blackstone Group LP to have successfully advanced to the final stage of sale negotiations for J&J's diagnostics unit
Deutsche Telekom announced on Thursday that it would be selling its 70 percent stake of Scout24 to the SF-based Hellman & Friendman group while still retaining a 30 percent stake. The deal is worth 2 billion EU.
Spanish telecom group, Telefonica, announced on Thursday that it was open to talks about mergers, acquisitions and deals to share its networks in Mexico in order to streamline its operations.
SF-based mobile payment and carrier billing provider, Boku, acquires India's largest carrier Billing company, Quebecell. Providing them with a centralized hub in penetrating Middle East and Asian markets.
Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, will increase the size of its initial public offering to about $2.25 billion, according to a source familiar with the matter.
Blackstone Group LP said Thursday it had hired David Calhoun, chief executive of television ratings company Nielsen Holdings NV, to work with the bosses of the private equity firm's companies in order to deliver more value.
Catalyst maker Johnson Matthey beat its own expectations with a 13-percent rise in profit, lifted by tighter European rules on emissions due to come into force in January.
