Makes binding cash offer to buy League Assets Corp's interestin Partners REIT and the Lapp Global Asset Management Corp. Partners REIT Management Agreement
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Sumpto raises USD 350,000 in funding
Sumpto said it secured USD 350,000 in funding from SocialStarts.net and Nick Brien to bring more partners to its platform that measures the social influence of college students.
TinyCo lands USD20 million in funding for game development
San Francisco-based mobile gaming powerhouse TinyCo landed USD20 million in a funding round from Pinnacle Ventures and Andreessen Horowitz, to be used for the development of its iOs and Android games.
New Source Energy buys MCE for USD44 million
Oklahoma City-based exploration and production firm New Source Energy Partners LP acquired oilfield services company MCE for USD44 million in combined cash and common units.
Hedge funds tune into Pandora, discard Apple in Q3
Hedge funds including Philippe Laffont's Coatue Management and Patrick McCormack's Tiger Consumer Management both opened stakes in Pandora of about 1.1 million and 2.9 million shares, respectively, U.S Securities and Exchange Commission filings showed.
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Swiss private equity firm Partners Group AG raised USD800 million for its leveraged debt fund. The company expects the fund to yield more quickly as it anticipates a ramp-up in investments next year.
The following bids, mergers, acquisitions and disposals were reported on Thursday including Sigma Alimentos, Fastjet, Rostelecom, DNB, Caixabank, Cyfrowy Polsat, America Movil, Alitalia, Telecom Italia.
Secondary investment firm Hamilton Lane Advisor LLC is considering a buyout of private equity firm Paul Capital. The financial terms of the acquisition remains to be unknown.
African airline holding company Fastjet PLC said Lonrho Ltd, its largest shareholder, had put up for sale of its entire stake in the company. Lonrho would be raising GBP1.49 million from the exit.
New York-based wealth advisory firm Snowden Capital Advisors LLC entered into an agreement with private equity fund Estancia Capital Partners LP for a strategic growth capital investment.
Online real estate company Redfin said it has raised $50 million from investment companies Tiger Global Management and T. Rowe Price Associates, making it the latest venture capital-backed company to look to nontraditional backers for venture funding
New York-based online shop and gadget developer Quirky scooped up USD79 million in a Series D funding round to be used for building more strange connected devices.
Fairholme Capital Management announces proposal for purchase of insurance businesses from Fannie Mae and Freddie Mac
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
