The proposed share buyback of Activision Blizzard Inc. of its Vivendi SA's shares was blocked by a judge in Delaware Chancery Court in Wilmington.
Institutional investors
Dexia to sell asset management arm
Belgian financial group Dexia said it would enter into exclusive talks with New York Life Investment as it planned to sell the company's asset management unit.
NZ government provides novel approach to Meridian Energy IPO float
In a bid to expand sales and revenues for its sale of shares, the NZ government allowed a two part installment payment plan for the purchase of the shares from Meridian Energy.
Groupon loses dismissal bid for the class action suit it is facing in court
In a ruling by Judge Norgle, Groupon was ordered to face the class action suit filed against it for securities fraud.
Empire State Building REIT files IPO
The Empire State Realty Trust Inc. whose properties include the Empire State Building had filed to raise a hefty USD1.07 billion in proceeds, according to a regulatory filing today.
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Goldman Sachs Investment Partners started a new Asian fund named Oryza Capital early this month, according to sources.
According to sources, NewStar Financial Inc. had been looking on a possible sale and hired Credit Suisse Group to solicit offers.
The case against SAC Capital and Michael Steinberg was bolstered with the testimony of former analyst Ron Dennis as an uncharged co-conspirator.
The Hutchins Family Foundation is donating USD15 million for the establishment of the Hutchins Center for African and African American Research.
On Wednesday, Vale SA said it had planned to sell control of VLI SA to Brookfield Asset Management Inc, Mitsui Co and FGTS valued BRL4 billion.
The launch of Lift Labs was done recently to unveil its latest product the Liftware, which is a product that used grant money for its design and creation.
Investment initiative Benu Bioventures would provide funding for the human testing stage drug trials.
The case filed by Lincolnshire Management Inc led to an arbitration award against it for its former CEO.
Kiosked said it gathered a total of USD 6.9 million in its latest funding round. Kiosked announced that it received USD 6. 9 million from private investors.
