Mass. Secretary Galvin launched an investigation on complex investment options to seniors. An investigation on higher risk investments was initiated by Massachusetts Secretary William Galvin today.
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Glenn Dubin of Highbridge is stepping down as CEO
Highbridge's CEO Dubin decided to step down from his position. Highbridge Capital Management executive Glenn Dubin is stepping down as CEO but will remain chairman of the firm worth around US$30 billion, according to Dubin himself.
Icahn to raise bid for Dell Inc.
Billionaire investor Carl Icahn said in an interview with Bloomberg TV his planned sweetening of his takeover bid for Dell Inc with an additional warrant offer.
Three shareholders at Dell Inc plan to vote against founder's buyout proposal
Three shareholders at Dell Inc said that they would vote against Michael Dell and Silver Lake’s proposed buyout offer valued at US$24.4 billion.
Gladstone hires new Chicago director
The investment company employs Peter Kotz, who has over 18 years of solid work experience. Gladstone Investment Corporation employed a new Managing Director for its Chicago office.
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Michael Hession was appointed as new CEO of InterOil, effective July 1, 2013. InterOil Corporation announced today that Dr. Michael Hession will be its new Chief Executive Officer.
C. Larry Pope said that there would not be any change in management following the US$4.7 billion takeover deal of Smithfield Foods Inc by Shuanghui International.
Lawrence Ho invested in two Russian gambling resorts valued at US$630 million as a means of overseas business expansion.
According to analysts, the Ackman hedge fund and FedEx rumors are false. Rumors of Bill Ackman, a hedge fund operator, supposedly raising money to buy shares in FedEx were false, say analysts.
Troy Resources announced that it would proceed with Azimuth compulsory acquisition. Troy Resources Limited announced on a press release that its interest in Azimuth Resources Limited now amounted to 93.
Steven Koinis was named as Maine Pointe's new vice president for private equity. In an announcement made by Maine Pointe today, the operations management provider named Steven Koinis as its new Executive Vice President of Private Equity.
Mayfield named Ursheet Parikh as its new partner. Mayfield Fund, an early stage venture capital firm from Menlo Park, California, said on Wednesday that Ursheet Parikh will be its newest partner.
Asian REITs improved. REITs or real estate investment trusts in Asia are improving. In Hong Kong, the New Century REIT debut with a gain of 0. 6%. This REIT was backed by the Carlyle Group.
Warner Brothers' last minute bid for Thomas Tull failed to lure the producer; NBCUniversal succeeded.
