Swordfish Financial merger with iPoint expected to generate huge profits Swordfish Financial Inc announced that their merger with iPoint are expected generate huge profits for both companies.

Maxim magazine was said to be fetching bids of only US$20 million, less than a 10th of the cost its investors paid about six years ago.

LVMH Moet Hennessy Louis Vuitton SA bought 80% of Loro Piana SpA making the brothers who led the company billionaires.

Vivus Inc signed an impotence drug deal with Italy's Menarini Group for Eur95 million. Vivus Inc announced that it signed a contract with Italy's Menarini Group worth Eur95 million or US$121.

Yacktman Asset Management expressed its support for Carl Icahn's buyout offer for Dell. Yacktman Asset Management, Dell Inc's stockholder gave its support for Carl Icahn and Southeastern Asset Management's buyout offer for the PC manufacturer.

LBO France sought to sell Groupe Poult by sending marketing materials to potential buyers and waiting for bids until the end of the month.

US government's Fannie Mae considered selling about US$1 billion of home-loan bonds. The mortgage financier regulated by the US government, Fannie Mae, planned to sell around US$1 billion of home-loan bonds.

The sale of Woori Finance Holdings Co. was expected to succeed and earn about US$10.2 billion after four attempts.

The Florida based firm executes a Letter of Intent to relay its aim of purchasing the North Carolina based company.

Telecommunications company Tech Valley obtains new debt facility from GE Capital along with Webster Bank.

Enstar Group pays US $692 million in order to control the reins Torus Insurance Holdings Ltd. Enstar Group, a management and consultancy firm specializing in insurance, announced the completion of the agreement that allows it to control management of Torus Insurance Holdings Ltd.

European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.

Boathouse Capital and Tamarix Capital each shelled out US $5 million to und Convene. Convene, New York City's largest conference center, completed the fourth funding round by raising additional US$10 million which will be used to fund its expansion plans.

Scanbio Marine Group buys Biokraft; a deal that will allows them to boost their operational efficiency and enhance their service to the largest aquaculture companies in the world.

MTN Group Ltd. stalled its talks with Reliance Communications Ltd. due to India's current revision of rules on mergers and acquisitions.

US based Go Green Global Technologies Corp acquired patent portfolio from Water Treatment Systems over their Sonical product line

Carlyle Group planned to put Applus+ in a stock market listing to take advantage of the stock market's improvement.

Diamond Resorts expected to raise up to US$279 million from IPO. Diamond Resorts International Inc. said that it expected to raise up to US$279 million from its initial public offering.

Rexford estimated IPO terms revealed. Rexford Industrial Realty Inc. 's revealed the estimated terms of its planned initial public offering. The initial public offering aimed to raise funds for mortgage debt repayment and other purposes.

Deutsche Annington revived its initial public offering from Eur1.2 billion to just Eur575 million to Eur592 million.

United Arab Emirates would grant Egypt US$3 billion to help the country recover from its devastated economy.

intergenia buys internet24 GmbH to secure its spot as Germany's leader among Cologne based intergenia purchased internet24 GmbH, a German host services provider, in a bid to strengthen its post as one of Germany's top providers of managed hosting.

Odyssey Investment Partners LLC was exploring its options on selling One Call Care Management Inc for more than US$1.5 billion.

BCI Broadband completed the acquisition of James Cable as the next-generation broadband company makes its presence felt in four key cities.

The 1330-year old company said it will purchase Harris Teeter and will assume its US $100 million debts.

As part of India's ongoing campaign to attract investors, the Oil Minister approved the raising of natural gas prices.

Jason Valdina was named as Movable Ink's new vice president. Electronic mail marketing technology provider Movable Ink announced today that Jason Valdina is its new Vice President of Product.

MidOcean buys Water Pik Inc together with Vulcan Capital and other investors. MidOcean Partners along with other investors including Vulcan Capital has acquired Water Pik, Inc.

Intergenia buys Germany's web hosting firm internet 24 GmbH Web hosting and server solutions provider Intergenia announced today that it has bought internet 24 GmbH, a hosting services provider based in Germany.

TA Associate's Cosentry announced that Brad Hokamp is its new chief executive officer. Cosentry, a portfolio company of TA Associates based in Omaha, Nebraska, announced on Tuesday that Brad Hokamp will lead the company as its new chief executive officer.