Michael Brown

Battery Ventures XI Closes Pair of Funds Raising $950 Million

Battery Ventures X has been closed in February 2013 with a fund of $900 million. Now, the Battery Ventures XI is going to be closed at $950 million, surpassing the predecessor funds. A large number of venture firms are expecting to receive funds in 2016, which may be good or bad news for some institutional investors.

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Come spring, 'For Sale' signs expected in U.S. riot-hit town

Realty brokers in battered Ferguson, Missouri, are predicting many homes could go up for sale early next year after rioting over the August police shooting of a black teenager appeared to put a chill on the number of active listings.

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Symantec to split into security and storage software companies

Norton antivirus maker Symantec Corp (SYMC.O) will split into two publicly traded companies, one selling security software and the other providing data management, potentially making itself more attractive to suitors.

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