KKR partners with Associated Partners, chips in USD100 million to build wireless infrastructure

Sources told the Wall Street Journal that KKR & Co would be pouring in an initial USD100 million in a wireless communications infrastructure project with investment firm Associated Partners LP.


Payfone scores USD 10 million from Early Warning Services

Payfone was able to gather a USD 10 million investment from Early Warning Services. Payfone Inc said it was able to raise USD 10 million from Early Warning Services.

Blackstone president won't leave Blackstone despite third share sale

Blackstone Group President Tony James said he won't leave Blackstone despite share sale. Blackstone President Tony James said he was not looking for a career outside of the private equity industry.

Green Field Energy seeks bankruptcy protection

Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.


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Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
After accepting Yue Xiu Group's takeover bid, shares of Chong Hing Bank dropped the most in five weeks.
Guy Carpenter said the global pension fund industry has invested USD 10 billion worth of funds in insurance.
Nexon Co would be doing more deals to enhance market share and increase revenues in North America. Japanese online games maker Nexon Co said it would be looking more deals to increase its revenues in the US.
The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.
Livonia Partners would be investing in three Baltic economies with a private equity fund valued at USD 117 million.
Vancouver would be the first city in the world to host a bitcoin ATM. The first bitcoin automated teller machine would be installed in Vancouver, Canada.
An estimated USD 28 million worth of bitcoins was confiscated by authorities from the computer hardware of Ross William Ulbricht.
The construction of a fire escape led to the fire at Yuengling Brewery's Tampa, Florida plant. The fire that razed the storage building of Yuengling Brewery in Tampa, Florida was caused by the construction of a fire escape.
Yuengling Brewery would resume operations on Monday after Saturday's fire. The fire that hit Yuengling Brewery in its facility in Tampa, Florida would not affect the company's operations.
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