The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.

Allegis Capital stated that it has appointed Nawaf Bitar, Dr. Hossein Eslambolchi, Tom Gillis, and Jeffrey Williams as its new venture partners.

Vivint Solar stated they have gathered US$200 million in two new tax equity funds that would be used to fund solar power platforms on residential rooftops.

A report stated that Alliant Techsystems are in discussions to buy Bushnell for around US$1 billion.

EZE Trucking, with the backing of Atlantic Street Capital, acquired Rig Runners. EZE Trucking together with Atlantic Street Capital, a private equity firm, announced they have acquired Rig Runners.

Jones Lang LaSalle stated it wanted to acquire Capital Realty in an effort to expand its industrial market presence in the Kansas metropolitan area.

Sources said Neiman Marcus Group had now enrolled several banks to help it in its IPO. Sources close to Neiman Marcus Group Inc. said the luxury retailer had now hired several financial institutions to help them on an initial public shares offering.

Third Point announced they want to put up around US$322.20 million in its IPO to bolster its underwriting capacity.

According to a report by Ernst & Young, 391 merger and acquisition deals with a combined value of US$15.2 billion were recorded in the first half of 2013.

Newsweek, after announcing it would end its print edition, was sold to online news giant IB Times for an undisclosed amount.