The CIT Group loaned from Odyssey Investment Partners an undisclosed amount to support the former's acquisition of Cross Country Pipeline Supply Co.

Startup ReelGenie closed USD 850,000 in seed funding. Maryland-based startup ReelGenie secured seed funds amounting to USD 850,000. The round was led by CNF Investments, the Maryland Venture Fund, Wharton School faculty members, and angel investors.

Today, Independence Realty Trust Inc has announced commencing a public offering of its 4,000,000 shares of common stock listed on the New York Stock Exchange.

Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million. Rockwood Holdings Inc. agreed to part with its Clay-Based Additives operations in favor of the ALTANA Group for US $635 million.

Washington's Papa Murphy is in the process of selecting banks to lead the company's initial public offering set later this year.

Hudson's Bay Co said last Monday that they would acquire Saks Inc. for US$16 per share piece in cash including debt.

California-based GridGain Systems gets US $10 million in series B funding from Almaz Capital. GridGain Systems acquired US $10 million from a series B venture funding led by global venture capital firm Almaz Capital.

Lenovo PCs proved to be risky for intelligence and security networks across the world, reports said.

Marlin Equity Partners infused SigmaCare with fresh equity funding. Marlin Equity Partners recently backed SigmaCare with fresh equity funding. No financial details were disclosed, but SigmaCare CEO Steve Pacicco said the funds will be used for expansion.

Two distinct reports from the IDC and Strategy Analytics suggested smaller firms absorbing the top two companies' market share.

Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh. The man responsible for setting up Russia's largest search engine website died today after losing a long battle with cancer.

Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).

Analysts think that Microsoft can regain the throne, but only if restructuring and community policies were employed.

Mozilla released their open source operating system for the mobile called Firefox OS. Mozilla released their offering for the mobile smartphone industry with the Firefox OS.

A leaked photo of Apple's low-cost "iPhone 5C" seem to hint the possibility of rumors.

There are currently four ways to advertise on Twitter. Like Facebook, Twitter was focused on in-stream ads and leveraged organic social activity in the social media site.

A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.

Valeant Pharmaceuticals said it expected to save more than USD 800 million when it buys Bausch & Lomb.

HBC and Saks Inc. made a definitive merger agreement worth US $2.9 billion. Saks Inc. and Hudson's Bay Company (HBC) announced that they made a definitive merger agreement.

A recent filing with the US SEC showed that Frank's International N.V. raised the size of its IPO to USD 724.5 million.

PPG announced last Monday that it has agreed to sell all of its controlling stake worth US$1.73 billion in Transitions Optical.

Amazon's hiring spree aimed to fill up more than 5,000 full-time jobs before Obama's visit on Tuesday.

The top four smartphone manufacturers were announced in the latest quarter report by the IDC. Global market share during the latest quarter decreased for Samsung amid reports of increased shipments of their products per year.

Despite posting strong results, Facebook was not able to carry Zynga's stocks due to massive player loss.

Amazon seemed like it was becoming a search engine for jobs in America. It seemed that Amazon was becoming a search engine for jobs in America. Recently, the company announced that it will be having a hiring spree to fill in more than 5,000 full-time jobs in several of its fulfillment centers across 10 states.

Yahoo managed to acquire 18 startups within the first half of the year while Google only bought 15. Tech titans Yahoo and Google have been acquiring startups in the past few weeks.

If Verizon stops offering two-year plans on their iPhone units, analysts believe that Apple will net more sales due to customer panic.

UK-based PolyTherics Limited merges with Antitope Limited to create a better group that can develop better pharmaceuticals.

The mobile shift left mixed results for the search engine giant, Google. Internet industry observers saw consumers shift from using web to mobile devices in accessing the internet.

Zynga's profits were massively reduced due to an exodus of players, but CEO Don Mattrick remained optimistic.