Time Warner Cable and CBS have yet to reach a conclusion regarding the re-transmission of CBS programming.
North America
Hall raises US$5.5 million from venture capitalists
Hall revealed that it had sealed its funding round, collecting around US$5.5 million from capital venture funds.
AMRC announced the pricing of US$300 million convertible senior notes
AMRC revealed to the public the pricing of their previously announced IPO. American Realty Capital Properties, Inc. announced the pricing of their underwritten public offering for US$300 million Convertible Senior Notes which are due 2018.
Ogilvy & Mather appoints former IBM Managing Director new CEO
Former IBM Managing Director Michael Dobak has been elevated to CEO by Ogilvy & Mather. Ogilvy & Mather (O&M), one the leading marketing communications companies in the globe, announced 44-year-old Michael Dobak as CEO of California-based Ogilvy & Mather West.
Flagstar reports net gain of $44 million in second quarter
Flagstar Bancorp Inc gains USD 44 million in second quarter 2013 Flagstar Bancorp, Inc. , Flagstar Bank's holding company, announced its second quarter net income for 2013 of USD 65.
Latest News
TPG admited that its recent purchase, Assisted Living Concepts Inc., will need a lot of work for it to succeed.
KKR revealed that it has secured an average combined interest rate of 4.8% for the funds to be used in the acquisition of Gardner Denver Inc.
Travelers Cos. reported its biggest decline since 2008 in most recent quarterly report. Insurance company Travelers Cos. (TRV) announced the largest quarterly decline in five years during the reporting of its second-quarter results.
Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.
PricewaterhouseCoopers reported that Florida received around US$156 million across 14 venture capital deals in the second quarter.
TwinFocus stated that it had established a Private Equity unit and brought in Orlando Mendoza to lead the newly formed unit.
Investel Capital agreed to purchase British Columbia-based Coastline Broadcasting. Investel Capital Corp. , an investment fund with offices in Toronto and Vancouver, agreed to purchase British Columbia-based cable television provider Coastline Broadcasting of Black Creek for an unspecified amount.
Colonial Savings puts a financial services veteran as new DFW Commercial Bank President. Colonial Savings has named veteran financial services professional Brent Davis as the new DFW Commercial Bank President.
Summerhill joins several investors in bringing up C2FO's total to USD 18 million, Canada-based Summerhil; Venture Partners has joined investment firm Mithril in raising C2FO growth funding to a total of USD 18 million.
