A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Sectors
Lululemon suffer a drop in shares after customers complain about yoga pants
Following customer complaints on Groove and Wunder Under yoga pants, Canadian clothing company Lululemon’s shares drop to USD67.85.
US Attorney general confirms settlement talks with US Airways and American Airlines on merger
US Attorney General Eric Holder said his comments that confirmed talks of a settlement between American Airlines and the US Airways regarding the airline's planned merger.
Men’s Wearhouse rejects view request on books by Jos. A. Bank Clothiers
Clothing retailer Men’s Wearhouse refused the request of Jos. A. Bank Clothiers to check the former's books in lieu of the latter's buyout bid.
Justin Bieber invests USD1.1 million in seed round for social network
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Latest News
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
Pimco Total Return lost its title as the biggest mutual fund to Vanguard Total Stock Market Index. Vanguard Total Stock Market Index overtook Pimco Total Return as the world's largest mutual fund by assets.
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Morgan Stanley posted losses on seven trading days in the third quarter but losses did not go over its value-at-risk.
Hong Kong sofa supplier Man Wah Holdings lifted its owners' stocks to USD1.1 billion after it closed at its highest level in two years.
After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
School bus company Atlantic Express Transportation Corp filed for debt relief. Atlantic Express Transportation Corp sought Chapter 11 bankruptcy protection, according to a court filing.
Vista Equity partners reached its USD1.1 billion target for its second Foundation Fund. Vista Equity Partners closed USD1. 1 billion for its second Foundation Fund for small and mid-cap software entities.
