North America

Ecotality Inc. files for bankruptcy

On Monday night, Ecotality Inc. filed for bankruptcy protection in the US bankruptcy court in Phoenix and said it would auction its assets.


Jana Partners acquires Safeway stake

Last Tuesday, Jana Partners LLC disclosed its acquisition of 6.2% stake in Safeway Inc. through a regulatory filing.

Revenues from nontraded REITs for 2013 surpass previous highs

The transactions involving nontraded REITs have amounted to USD12 billion in 2013, surpassing the previous USD11.5 billion in 2007.

Twitter IPO: Bust or Boon

The IPO of Twitter would determine if the microblogging site is Groupon, a bust or Google, a success.


Latest News

According to a report by Reuters, sources said that Hilton Worldwide came up with its pricing terms on its USD5.85 billion refinancing credit that would be used to finance debt that would arise from its public offer.
Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.
Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.
Sensor machine maker Lively Inc announced that it had raised an additional USD4.8 million from the closing of its Series A funding round.
Former Chief Customer Officer of Yammer David Obrand has been appointed by FuzeBox as its new Chief Executive Officer, replacing founder and former CEO Jeff Cavins.
Analysts believed that Grand Theft Auto 5 would become a billion dollar hit. Now that Grand Theft Auto 5 (GTA 5) has finally and officially hit stores, analysts said the game was poised to become a very big hit.
The Board of Directors of Microsoft Corp approved a new share repurchase program worth USD 40 billion.
Online communication and collaboration tools provider FuzeBox had raised USD26 in its recent funding round.
In an announcement made today, BDC Venture Capital would be investing an additional USD135 million to support Canadian companies in the healthcare sector.
The 'grey market' is a good gauge of the market's interest in an IPO and Twitter is gaining 'high interest'.
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