Monday last, Tribune Co announced acquisition of 19 TV stations from Local TV Holdings LLC for US$2.73 billion in cash.
Sectors
OGF Gets Takeover Bids
France’s leading funeral services firm OGF got three takeover bids from private equity firms including Lion Capital, TDR Capital and Pamplona.
Ex-Dow Officer Involved In Insider Trading Charged
Mark Murrel and two others charged with insider trading for Dow Chemical Co's acquisition of Rohm & Haas Co in 2008.
Rothschild To Study Possible Split for RBS
Rothschild to be named as the adviser for the Royal Bank of Scotland split. (Photo : Reuters)The corporate logo of Rothschild is shown on its building.
Novartis and Pfizer, Added Potential Bidders for Onyx
Pharmaceutical companies Novartis and Pfizer showing interest in Onyx (Photo : Reuters)Onyx Pharmaceuticals Inc Logo Pharmaceutical companies Novartis and Pfizer join the bandwagon as potential bidders for Onyx Pharmaceuticals Inc, sources close to the situation conferred on Monday.
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BoxCast's technology has become important, making one venture capital take notice and provide finances for its further development.
The Vistria Group was launched with a fundraising target of US$500 million. (Photo : Reuters)The image is President Barack Obama shooting a few hoops. (Correction: Removes the reference to Secretary Penny Pritzker, which was erroneously referred to as one of the founders of the Vistria Group.
Sprint Nextel face lawsuit for tax fraud in the state of New York (Photo : Reuters)The image is the facade of a Sprint store. Sprint Nextel is currently facing a lawsuit in the State of New York for charges that the telecoms company did not collect or pay millions of dollars worth of taxes for its cellular phone service.
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.
Ritz-Carlton San Francisco was acquired by Thayer Lodging Group. The hotel investment firm Thayer Lodging Group acquired Host Hotels and Resorts' Ritz-Carlton San Francisco.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
Delivery Hero raised $30 million from series D financing. Berlin-based Delivery Hero announced receipt of $30 million worth of Series D financing. The Series D financing was led by Phenomen Ventures and included its other existing investors.
Altair Semiconductors raised $25 million from its recent fundraising activity. Israel's Altair Semiconductor, provider of LTE chipsets, closed $25 million in funding.
