North America
Indigo Partners proceeds with Frontier Airlines acquisition
Indigo Parners LLC said it would go ahead with its plan to acquire Frontier Airlines despite its failure to reach a labor deal with its flight attendants.
Manitoba Telecom Services Inc may sell stock for pension plan after Canada says no to Allstream sale
After regulators rejected the plan to sell its Allstream business division to Egyptian firm Accelero Capital Holdings Sarl Group, Manitoba Telecom Services Inc said it might sell its stock to fund the shortfall of its pension plan.
Espresso Logic secures USD1.6 million seed funding
Espresso Logic raised USD1.6 million today as seed funding to make mobile APIs using data logic from reactive programming.
Social B2B company Oktopost raises USD800,000 in seed round funding
Oktopost closed USD800,000 seed round to bridge social media marketing and business-to-business (B2B) masses.
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NMI Holdings raised USD 27.3 million in a share sale after selling the shares at the top end of its price range.
Marriott International Inc signed a deal to buy Cape Town-based Protea Hospitality Holdings for an undisclosed amount.
G. Cooper Equipment Rentals said it would be acquiring all the shares of City Rentals Inc for an undisclosed amount.
Salix Pharmaceuticals Ltd announced a definitive agreement to buy Santarus Inc for USD2.6 billion. Salix Pharmaceuticals Ltd agreed to purchase Santarus Inc for USD32 per share or USD2.
Jut's big data software applications was the basis for the highly successful Series B financing round at USD20 million.
Project Frog obtained USD 20 million from venture capitalists for its Series D financing round. San Francisco, California-based Project Frog was able to raise USD 20 million for its Series D round.
Private equity firm The Riverside Company invested in crew management software maker ARCOS. The Riverside Company made a major investment in crew management software maker ARCOS for the expansion of its operations.
Brookfield Renewable Energy Partners said it would buy hydroelectric assets in Maine and California from ArcLight Capital Partners.
Oil and gas company Liberty Resources II LLC raised USD350 million investment from Riverstone Holdings LLC and Oakmont Corp.
The private equity industry played a vital role in the initial public offerings that happened in the US so far for this year, according to an International Business Times report.