Tomkins explores potential $7 billion sale -sources

Tomkins Plc is exploring a sale that could value the private-equity owned global manufacturer of auto parts and building products at as much as $7 billion, several people familiar with the matter said on Friday.


Carlson board authorizes review of strategic options for TGI Fridays Restaurants

The Board of Directors of global hospitality and travel firm Carlson has given its approval for the evaluation of strategic alternatives for American casual bar and grill TGI Fridays Restaurants.

Time Warner's magazine unit files for spin-off

Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company.

AssuredPartners completes purchase of Stoutamire-Pavlik & Associates

Florida-based AssuredPartners closed its acquisition of Stoutamire-Pavlik & Associates Inc, an independent insurer located in Monticello Florida. No financial details were given about the deal.


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eMedia Networks International Corporation today announced a proposal by Jasvir Athwal, Darren Reiter and David Mears, all directors and officers of the Company, for the Company to go private.
A&B Properties, Inc. announced today that it has agreed to sell Maui Mall to a partnership of Denver-based Alberta Development Partners and an affiliate of Chicago-based Walton Street Capital, LLC.
My Little Paris, a French subscription service a city guide has been acquired this week by Aufeminin. Multiple sources indicate that the transaction was valued at USD 90 million (EU 66.7 million).
Niche, a startup that helps connects brands with social media celebrities has announced that it has successfully raised USD 550k in funding and at the same time, have finally opened their website to the public.
Skip Hop, founded 10 years ago by Ellen and Michael Diamant, makers of children's gears, sell its majority stake to a private equity firm, Fireman Capital Partners.
Bancbox crowdfunding API announces that it has already processed USD 4 million in transactions within its 18 crowd investing platforms. It is a payment gateway similar to Stripe that allows developers to build a whole new set of payment services.
Economic data obtained by International Business Times revealed that the USD80 billion bond-buying program of the US Federal Reserve had only benefited those who can afford to hold on to their investments.
With the midnight release of the Xbox One, the console war has finally began. Sony's Playstation 4 was released last week and now consumers would be able to tell and decide which one system would rule their living rooms.
The planned merger between Bally Technologies and SHFL Entertainment received recommendations for approval from the Gaming Control Board and the Nevada Gaming Commission without any questions.
Sift successfully raises USD 2 million in seed funding for its personalized shopping app and at the same time, releases its iPhone app. Funding is led by DN Capital and from its previous investors.