VENTURE CAPITAL POST

According to a securities filing, BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin were said to have an interest in putting up an alternative bid for the smartphone maker.

GTCR announced that it had approved a deal to sell portfolio firm Six3 Systems to CACI International.

Should Vodafone buy out its minority shareholders in its Indian subsidiary, it would be the first foreign telecommunications firm to do so after the new rules were implemented.

Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.

A source said Vodafone Group Plc was not interested in bidding for Telecom Italia's Tim Participacoes SA.

Digital Generation (DG) announced its recent acquisition of Republic Project for USD1.4 million in cash and target-based earn-out payments.

A Techcrunch report talked about the necessity of top mobile gaming companies and rivals Gamevil and Com2uS consolidating into one gaming empire.

Aerospace manufacturing and energy-focused product and service provider Curtiss-Wright Corp announced that it had closed its acquisition of Arens Controls, LLC, a vehicle control and power management solutions company.

OpenGate Capital, LLC got support from Backbone Capital Advisors, a financial advisory services firm, to follow through the completion of its buyout of PennySaver USA.

Moody's Investors Services advised IOI Corp Bhd about the financial implications of its planned acquisition of a 39.55% stake in Unico-Desa Plantation Bhd.

Apollo Tyres Ltd and Cooper Tire & Rubber Co could not seem to agree on the initial price of its buyout deal.

Rosneft CEO Igor Sechin said the price offer for minority shareholders of TNK-BP Holding was fair.

Peruvian miner IRL confirmed on Friday that the company was in discussions with LionGold Corp for an acquisition transaction, said a Reuters report.

Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.

Oracle Corp founder Larry Ellison agreed to give up 95% of his USD575 million payout from terms of a buyout agreement with Pillar Data Systems Inc in order to appease the software company's investors.