Last Tuesday, Hayman Capital's accumulated stake of 5.2% in struggling retailer JC Penney was disclosed in a US Securities and Exchange regulatory filing.
Sectors
News Corp sells Dow Jones to Fortress Investment
News Corp announced that it had sold Dow Jones Local Media to a unit of Fortress Investment Group without disclosing the terms of the deal.
Icahn cuts Hain Celestial stake by half
Billionaire investor Carl Icahn and his entities announced cutting their stake by almost half in Hain Celestial Group through stock sale.
AMC plans to raise USD400 million in IPO
AMC Entertainment Holdings announced to go public through an IPO as it aimed to raise USD400 million.
Series B financing for Loggly nets USD10.5 million
New and old investors came together for the series B financing for Loggly. The most popular cloud based log managemet system, Loggly, had received USD10.
Latest News
LinkedIn Corp said last Thursday that it would sell additional USD1 billion of its Class A common stock.
In its latest Series B financing round, Quantia was able to raise a total of USD10 million from major and current investors.
According to activist hedge fund Starboard Value, there had been several investors who were willing to pay more for Smithfield Foods than the offered price of China's Shuanghui International Holdings.
After filing bankruptcy protection last year, Kodak said last Tuesday that it had finally exited bankruptcy.
Nokia could boost its royalties as the Finnish phone maker gripped on its valuable patent portfolio.
Today, CouchCommerce announced that it had received a seven figure round in Euros to mobilize its e-commerce websites.
According to sources that told Reuters, mortgage software company Ellie Mae had hired Morgan Stanley to try to sell the company.
Last Tuesday, Bank of America Corp announced to sell its remaining stake in China Construction Bank Corp for USD1.5 billion.
Following the announced sale of Nokia to Microsoft Corp, BlackBerry shares jumped to as much as 3.6% last Tuesday.
