On Monday, TCW acquired private equity company Craton Equity Partners, according to statement from TCW's alternative products division chief.
North America
Blackberry to pay for a rare breakup fee
According to a Bloomberg report, BlackBerry became so desperate to find a possible buyer for the struggling smartphone maker which resulted to an agreement to pay its biggest shareholder a rare breakup fee.
Dish Network reaches extension to avoid blackout
Dish Network Corp and Walt Disney Co. had reached an extension agreement while both parties were still in discussions over a long term deal.
Berkshire's Buffet to get more Goldman stake
Berkshire Hathaway Inc's founder and CEO Warren Buffet would get more than USD2 billion stock in Goldman Sachs Group, said a Bloomberg report.
SAC Energy manager to retire after 12 years of service
SAC Energy portfolio manager Nick Tiller would retire from his post after 12 years of service, said a Bloomberg report.
Latest News
Financing was released by RatPac-Dune Entertainment for about 75 films to Warner Bros. studio. Warner Bros, the studio unit of Time Warner Inc, would be receiving a USD450 million from RatPac-Dune Entertainment LLC to serve as funding for 75 films, including its summer franchise offerings.
Johnson & Johnson received numerous preliminary offers from hedge funds interested in acquiring its Ortho Clinical Diagnostics unit, said a Reuters report.
Warner Bros Pictures announced on Monday that it had entered a co-financing deal with RatPac Dune Entertainment to finance as many as 75 movies, said a Reuters report.
JC Penney shareholder Perry Corp had reduced its stake in the retailer, according to a filing showed on Monday.
The bid for independence of Activision Blizzard from Vivendi is still subject to shareholder approval.
After its creditors opposing the original auction process for the assets of LightSquared Inc, the new plan was approved by the bankruptcy court.
Trail camera software solutions provider HuntForce starts off its investment round with a USD400,000 funding from three Omaha based investors.
An undisclosed amount was invested by Dundee Corp in the Urbana Corp backed Canadian National Stock Exchange Markets operator.
Tesco Plc had filed for bankruptcy for its US stores last Monday and planned a sale of 167 stores to Yucaipa Cos led by billionaire Ron Burkle.
