A group of traders and web hackers accumulated over $100M by gaining access to corporate press releases on news websites Market Wired, PR Newswire and Business Wire before the news were published. The hackers have been trading the advance stolen news to Wall Street traders for five years, fed authorities caught on Tuesday.
Business Wire
- Tesla Shareholder Asks Judge to Prevent Elon Musk From Moving Pay Fight to Texas to Evade Delaware Ruling
- Global Chocolate Supply Crisis Looms as 'Swollen Shoot' Virus Menaces Cacao Trees
- Biden Administration Announces New Federal Rules: Airlines Required to Automatically Give Refunds for Delayed, Canceled Flights
Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.
After recently closing a $7.5-million funding round, US-based Bitcoin focused investment fund CoinSeed acquired BitFury's specialized Bitcoin mining hardware for $5 million to build one of the biggest cryptocurrency mining infrastructures in the world.
Brent Williams, the chief executive officer (CEO) and president of Salt Lake City, Utah-based dental administrator Dental Select, has acquired all of the remaining shareholder stock in the firm for an undisclosed amount.
US-based professional technical services provider Jacobs Engineering Group Inc announced the completion of its merger with Australia-based firm Sinclair Knight Merz in a deal valued at AU$1.3 billion.
New York-based asset management firm The Rohatyn Group announced that it has completed the acquisition of private equity investment firm Citi Venture Capital International (CVCI).
Texas-based national developer and investor Hunt Companies Inc announced the successful acquisition of Centerline Holding Company in a deal that increased Hunt's assets in management to USD24.8 billion.
Illinois-based niche pharmaceutical firm Akorn Inc acquired the US rights to three branded ophthalmic products from New Jersey-based international pharmaceutical company Merck for USD52.8 million.
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