The Washington Post announced that Jeff Bezos had acquired the newspaper for US$250 million in cash.
Investors
LivQuik receives backing from Snow Leopard Technology Ventures
LivQuik Technology stated it had received the support of Snow Leopard Technology Ventures in an effort to expand its operations and enhance the image of their products.
Heliae collects US$28.4 million in a funding round
Heliae gathered up to US$28.4 million from new and current investors for its expansion plans. A spinoff company from the Arizona State University, Heliae, revealed it had raised US$28.
Sony says no to Loeb proposal of partial sell of entertainment unit
The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.
Allegis Capital reveals four new Venture Partners
Allegis Capital stated that it has appointed Nawaf Bitar, Dr. Hossein Eslambolchi, Tom Gillis, and Jeffrey Williams as its new venture partners.
Latest News
A report stated that Alliant Techsystems are in discussions to buy Bushnell for around US$1 billion.
Sources said the Federation of National Public Service Personnel Mutual Aid Associations in Japan is looking to consider a shift in policy that would allow them to invest more in stocks and less in government bonds.
EZE Trucking, with the backing of Atlantic Street Capital, acquired Rig Runners. EZE Trucking together with Atlantic Street Capital, a private equity firm, announced they have acquired Rig Runners.
Jones Lang LaSalle stated it wanted to acquire Capital Realty in an effort to expand its industrial market presence in the Kansas metropolitan area.
Sources said Neiman Marcus Group had now enrolled several banks to help it in its IPO. Sources close to Neiman Marcus Group Inc. said the luxury retailer had now hired several financial institutions to help them on an initial public shares offering.
Third Point announced they want to put up around US$322.20 million in its IPO to bolster its underwriting capacity.
According to a report by Ernst & Young, 391 merger and acquisition deals with a combined value of US$15.2 billion were recorded in the first half of 2013.
Shanghai Tower's top beam was recently installed and now the interiors are to be completed. The tallest building in the financial district of Shanghai and all of China is nearing completion.
HSBC's stock falls as it advises diplomatic missions to close their accounts with their bank. HSBC had reported lower than expected earnings last Monday.
