For an undisclosed amount, Vance Street Capital purchases Lark Engineering to complement an earlier acquisition.
Investors
Nvidia names new finance chief
Nvidia Corp.announced naming Colette Kress as its new chief financial officer after David White vacated the post last March 2011.
IMF completes first review of Cyprus bailout program
After completion of the Cyprus review, IMF released another USD113 million for the bailout of the country.
Packaging Corp of America acquires Boise
In a USD12.55 per share purchase, Boise Inc would serve to increase the capacity of the Packaging Corp of America.
Deerfield provides financing to Imris
Deerfield announced today funding of a credit facility for Imris Inc. valued USD25 million. Deerfield operates as a leading investment management firm.
Latest News
Today, Quintiles said it had completed its purchase of Novella Clinical as stated in the previously announced agreement.
Today, Splunk Inc. announced entering into a definitive agreement to acquire BugSense Inc, a leading analytics solution provider for machine data generated by mobile devices.
USMD Holdings announced today its acquisition of 17.96% ownership interest in USMD Hospital at Arlington that increased the ownership of the physician-led integrated healthcare system to 45.4%.
An endowment fund was established for the Eric B. Chandler Health Center through the assistance of the Robert Wood Johnson Foundation and the New Jersey Health Foundation.
The bankruptcy Chapter 11 plan for KV Pharmaceuticals sufficiently reduced its debt and opened a USD375 million recapitalization facility.
Aside from paying USD605 million for the tungsten business of Allegheny Tech, Kennametal gains tax savings as well as large revenues of the business.
Perion Network's share prices declined as the promised premium for the merger was lost. The share price for the Perion Network Ltd had its largest decline in more than three years as its investors were disappointed with the lack of a premium for its merger with Conduit Ltd's Client Connect business.
The cancellation of the Telecom Italia board meeting buys the firm more time to plan out ways to revitalize its flagging business.
Blue Victory Holdings Inc extend a USD 1 million credit facility to American Restaurant Concepts. American Restaurant Concepts Inc announced it was able to close a credit facility worth USD 1 million from Blue Victory Holdings Inc.
