The Evergreen Group announced that they have acquired the Backyard Sports franchise from the video game company, Atari.

Sources said that Blackstone and Apollo are among the private equity firms that are interested in buying Spanish banks' troubled real estate business units.

Shriram Properties confirmed that it is planning to raise INR450 crore from private equity funds for an expansion project around South Asia.

Houghton Mifflin Harcourt rises from bankruptcy woes and is now set to file IPO Houghton Mifflin Harcourt announced that they are on the verge of filing for an initial public offering for shares in their company.

Private equity firm Peterson Partners names Nick Jean-Baptiste as the new investment team vice president.

Facebook Inc's revenue increase with the upsurge of users and advertisements. Facebook Inc announced a 76% improvement in mobile advertising revenue in their second quarter report, igniting a 20% share rally for the world's largest social network.

Crescent Communities adds construction and asset management experts Ford and Pierce into the team. Crescent Communities has announced earlier today that Jared Ford and Darren Pierce will be joining the Multifamily Development and Operations team as senior vice-president of construction and director of asset management, respectively.

Tradelab solidifies partnership with brand marketing leader TubeMogul. French trading desk Tradelab announced its strategic partnership with brand marketing company TubeMogul earlier today.

Sigma Labs earned US$1.2 million from a recent private placement offering. Sigma Labs, Inc. announced that it gained US$1. 2 million in a private placement offering of shares of the company's common stock last July 18, 2013.

WCI Communities finalizes IPO pricing at US$15 per share. WCI Communities, Inc. reported the final pricing of the initial public offering of 6,819,091 shares of its common stock at US$15 per share.