North America
William Franke to resign as chairman of Spirit Airlines
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
Penda Corp acquires The Fabri-From Co.
Private equity firm owned Penda Corp. announced that it had acquired The Fabri-Form Co. expanding it reach in the heavy truck and material handling markets.
Hunt Realty Investments and Bridge Development Partners receive US$26 million for their expansion plans
The joint venture between Hunt Realty Investments and Bridge Development Partners revealed that they have received US$26 million from Mesa West Capital to fund their acquisition of 26th & Western in Chicago.
Total market capitalization of the top 30 cloud firms now greater than US$100 billion
Bessemer Venture Partners released an index of top 30 cloud companies revealing their combined worth of more than US$100 billion.
Latest News
Fox Network's Twentieth Television said that they are expecting revenues of US$1 billion from new "The Simpson" licensing deal.
Arthur Samberg and Mario Gabelli revealed that they have donated a total of US$40 million to the Columbia Business School for its new business school campus.
Teck Resources Ltd was tagged as one of the remaining interested companies set to acquire the Rio Tinto Group's 59% stake claim in Iron Ore Co.
Foundation had filed its official IPO documents with the Securities and Exchange Commission as it plans to raise US$86.25 million in equity funding.
MVC Capital revealed that it had appointed Scott J. Schuenke as chief financial officer replacing Peter Seidenberg.
Global Analytics Holding announced that they have gathered an additional US$30 million in debt financing from Crystal Financial LLC.
RoundTable Healthcare Partner stated that it had acquired Santa Cruz Nutritionals from Levine Leichtman Capital Partners.
Richard Baker, CEO for Hudson's Bay, said that he is doubling his efforts for the Saks Inc bid.
Summer Street Capital revealed that it had appointed Amy Standing as the firm's chief financial officer as current CFO, Ron Fleissner, retires.
Plains All American Pipeline affiliate, Plains GP Holdings LP, said that they plain to raise US$1 billion through an initial public offering.