According to sources, Giant Tiger Stores had been exploring the option to exit the company through a sale that could fetch USD800 million.
Investors
Doctor, hospital search tools remains unavailable in California's insurance exchange
The doctor and hospital insurance exchange tools were still not available on California's new insurance exchange marketplace.
Travellers International slashes IPO price by almost half
Travellers International Hotel Group would be reducing the price of its IPO from PHP 23.38 per share to PHP 11.88.
Carpetright CEO Shapland quits
Carpetright's Chief Executive Officer Darren Shapland has left his post. Carpetright Chief Executive Officer Darren Shapland had quit his post as the UK retailer's sales continued to deteriorate.
Maryland winner wins USD 189 Mega Millions ticket
The winning ticket for the Mega Millions jackpot of USD 189 million was bought in Maryland. A ticket holder from Maryland won the Mega Millions jackpot worth USD 189 million.
Latest News
Air New Zealand said on Friday it would increase its stake in Virgin Australia Holdings Ltd. On Friday, Air New Zealand said it would increase its stake in Virgin Australia Holdings Ltd.
SAC Capital Advisors, led by billionaire Steve A. Cohen, had been in discussion with potential buyers to sell its reinsurance business, according to sources.
Co-founding chairman Bill Gates and CEO Steve Ballmer had sought for re-election in Microsoft's board of directors, said a Reuters report.
Oracle Corp Chief Executive Officer Larry Ellison had agreed to give up a possible payout. Larry Ellison, Oracle Corp's CEO, had agreed to give up potential payout valued approximately USD500 million.
RadioShack had received several new financing offers from Bank of America and Wells Fargo, said a Reuters report.
Potbelly gained USD105 million in its IPO, which would be used for dividend and debt payouts. Potbelly Corp, the company that sells made to order toasted sandwiches, had raised nearly USD105 million in its IPO in the United States.
After AngelList was allowed to list companies and their backers to publicly solicit funds last week, venture capitalists flock to syndicate the site for venture capital.
Solar Senior Capital had announced its acquisition of Gemino Healthcare Finance following a definitive agreement last September 30, 2013.
Ascent's solar powered chargers for iPhones and Galaxy 4 would now be available in Wal-Mart stores after an agreement was signed between the two companies.
