David Einhorn of Greenlight Capital and Jeffrey Gundlach of DoubleLine Capital have called out Chipotle.
Consumer Electronics
Investors Back Away from Sunday People
Discussions with investors for Sunday People have bogged down without any final agreement. Talks with investors to purchase Sunday People from Trinity Mirror ended, thus shelving plans to make the British tabloid into a new look newspaper.
Baskins to be acquired by Boot Barn
Boot Barn purchases costumes and work wear. The favorite retailer of western and workwear has finalized an agreement to purchase the stores of Baskins.
CapLinked Raises US$3.7 million for Series A Capital Round
Caplinked raised US$3.7 Million for the series A capital round. CapLinked, the platform utilizing cloud based technology that allows business transactions to be done simply and securely, has announced that additional investors have been included in the latest results of its Series A financing round.
Spectrum Invests US$50M into Extreme Reach
Spectrum invests in Extreme Reach for US$50 million. In an announcement today by Extreme Reach, it disclosed the significant venture the company is undertaking with Spectrum Equity.
Latest News
Ouya console gaming gets a boost with US$15 million from venture capitalists. The maker of a US$99 video game console that utilizes Google Inc's Android operating system, Ouya Inc has raised US$15 million in venture capitalist funding in expanding its operations.
Billabong has just been in breach of debt payments as exclusivity period for bid lapsed without a formal offer.
Ashford Hospitality purchases the Pier House Resort for US$90 million cash. The Ashford Hospitality Trust, Inc. announced today that it has already inked a final contract to purchase the Pier House Resort and Caribbean Spa in Key West, Florida that has 142 rooms for an estimated amount of US$90 million cash.
Additional financing was obtained by FoodPanda for its delivery services. The Berlin based online food delivery business, Foodpanda, was able to obtain a US$20 million additional funding as reported by Reuters.
Katara Hospitality is set to acquire an unnamed hotel in London. Katara Hospitality of Qatar is nearing the completion of the acquisition of its first hotel property in London.
Qatar Petroleum would do IPO for four companies it now owns. In a statement, Executive Board Member of Qatar Holding said the state owned Qatar Petroleum would be offering shares in four of its units in the next few years.
Almarai Co is to offer nearly US$500 million debt bonds for its expansion program. Almarai Co is a Saudi Arabian food conglomerate that is currently operating a joint venture project with PepsiCo Inc.
Reconstituted tobacco leaf related companies from Norway's portfolio fund. The sovereign wealth fund of Norway, which is also the world's largest, has excluded Schweitzer-Mauduit International Inc and Huabao International Holdings Ltd from its corporate portfolio due to their involvement with tobacco production.
China Mengniu Dairy Co Ltd purchases shareholdings in China Modern Dairy Holdings. The China Mengniu Dairy Co. Ltd has recently entered into an agreement to purchase US$410 million shareholdings in the largest unpasteurized milk producer in China.
