US-based party goods retailer Party City Holdings Inc is preparing for a potential initial public offering (IPO) in early 2014, according to anonymous sources familiar with the matter.
Games/Entertainment
Owner sues seller, media companies over misinterpretation of Houston Astros value
Drayton McLane Jr, Comcast and NBC Universal said that Jim Crane's claim that they cheated him out of the acquisition deal of US professional baseball team the Houston Astros was ludicrous.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
Xbox One release officially starts new console war
With the midnight release of the Xbox One, the console war has finally began. Sony's Playstation 4 was released last week and now consumers would be able to tell and decide which one system would rule their living rooms.
Nevada regulators approve Bally Technologies-SHFL Entertainment merger in just over an hour
The planned merger between Bally Technologies and SHFL Entertainment received recommendations for approval from the Gaming Control Board and the Nevada Gaming Commission without any questions.
Latest News
Online game developer Changyou.com Ltd. announced that it will buy a 62.5% stake in social communication software provider Raidcall for USD50 million. The majority equity interest in Raidcall is currently held by Kalends Inc.
Massachussetts-based TV advertising platform Clypd raised USD7.2 million in Series A-1 funding from Atlas Ventures, Freestyle Capital, Boston Seed Capital, and angel investors John Battelle and Brightcove.
According to the joint statement by MTR Gaming Group, Inc and Eldorado HoldCo LLC, the amendments of the merger agreement included increases in cash consideration, payment per share to MTR, of which will be funded by Eldorado.
Sony Entertainment sought the advice of consultancy firm Bain & Company to help identify more than USD100 million in cost cuts. The Japanese conglomerate reportedly suffered a USD181 million operating loss in the second quarter.
Galaxy Entertainment Group Ltd, the second-largest casino operator in Macau, announced its intention to invest USD5 billion in Japan and China if the gambling markets open in those countries.
Combined Japan-US app maker Gree Inc planned to acquire several undisclosed businesses in order to expand its product portfolio beyond the social gaming arena amid plummeting revenue.
According to tech giant Sony, the company sold over 1 million PlayStation 4 game consoles, its first game system in seven years, just 24 hours it went on sale last Friday.
Hundreds of PlayStation fans braved the chilly weather in New York to line up and wait for Sony's midnight launch of the long-awaited PlayStation 4 game console.
IPO candidate British game maker King revealed its Candy Crush Saga title has been downloaded over half a billion times and played over 150 billion times to date.
