JC Penney shareholder Perry Corp had reduced its stake in the retailer, according to a filing showed on Monday.
Investors
Google's acquisition of Waze hurdle regulatory authorities scrutiny
Google was advised by the Federal Trade Commission that it would not object to the search engine's acquisition of mapping app firm Waze.
Qunar to undertake IPO in the NYSE
Qunar, Baidu's online travel app, would be offering American Depositary Shares for its IPO in the New York Stock Exchange.
TCW acquires Craton Equity
On Monday, TCW acquired private equity company Craton Equity Partners, according to statement from TCW's alternative products division chief.
USD450 million to be received by Warner Bros from RatPac-Dune Entertainment
Financing was released by RatPac-Dune Entertainment for about 75 films to Warner Bros. studio. Warner Bros, the studio unit of Time Warner Inc, would be receiving a USD450 million from RatPac-Dune Entertainment LLC to serve as funding for 75 films, including its summer franchise offerings.
Latest News
The bid for independence of Activision Blizzard from Vivendi is still subject to shareholder approval.
After its creditors opposing the original auction process for the assets of LightSquared Inc, the new plan was approved by the bankruptcy court.
Trail camera software solutions provider HuntForce starts off its investment round with a USD400,000 funding from three Omaha based investors.
An undisclosed amount was invested by Dundee Corp in the Urbana Corp backed Canadian National Stock Exchange Markets operator.
For an undisclosed amount, Verdesian Life Sciences acquires INTX Microbials. Paine & Partners LLC firm Verdesian Life Scicnes LLC announced the acquisition of INTX Microbials LLC.
Tesco Plc had filed for bankruptcy for its US stores last Monday and planned a sale of 167 stores to Yucaipa Cos led by billionaire Ron Burkle.
The New Zealand government along with private lenders had agreed to aid stricken coal miner Solid Energy with a multi-million bailout fund.
Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
