Advantage Rent a Car was hived off by Hertz to comply with regulatory authorities. Advantage Rent A Car would be filing for bankruptcy after Hertz had terminated lease agreements over vehicles that Advantage was able to use in its operations.

Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.

The Delaware Chancery Court is the venue for the hearing between Cooper Tire and Rubber Co against Apollo Tyres Ltd.

American Realty is set to have a total of USD15 billion in acquisitions in the near future, Currently, Nicholas Schorsch has his hands full, as his firm American Realty Capital Properties Inc, had nearly USD5 billion in takeovers and his share price declining by 20%.

Twitter's share price increase shows the divestiture of the conservative approach to IPO management.

BlackBerry's cash reserves may only last until 2014. Beleaguered smartphone maker BlackBerry had planned to issue convertible notes worth USD1 billion after the collapse of its Fairfax Financial Holdings bid.

IntercontinentalExchange Inc Chief Executive Jeff Sprecher said on Tuesday that he expected the consolidation between his company and NYSE Euronext be completed within days.

3i pays EUR165 million for the 49% stake of Allianz Capital Partners in Scandlines. 3i, the private equity investor, had bought out the co-owner of its ferry group Scandlines.

Confie Seguros acquired DeFranco Insurance Agency and Insurance Group of America. One of the fastest growing national providers of personal lines insurance, Confie Seguros, announced today its acquisition of two insurance brokerages, namely DeFranco Insurance Agency Inc of Niagara Falls, NY and Insurance Group of American Inc dba City Insurance of Palm Springs FL.

G4S Chief Executive Ashley Almanza had launched several company restructuring moves, including a divestment of its 35 business units.