Tags: Public offering
Marathon Oil plans to sell shares through public offering
Marathon Oil announced its intention to sell 135 million of common shares through a public offering. The ongoing slump in the global oil industry has led many oil firms to undertake the cost-cutting strategy to keep hold of their cash level.
Vista Equity Partners acquires Active Network for USD1 billion
Private equity firm Vista Equity Partners has acquired event software company Active Network. The deal amounted to around USD1 billion with Active Network selling 57 million shares priced at USD14.50 apiece.
Twitter's IPO drops 7.24% on second day
Micro-blogging site Twitter closed at USD41.65 today, dropping by 7.24% from its IPO debut. Social media site Twitter closed its second day of trading at USD41.
Ares Capital Corporation announces plan to offer 11 million shares of common stock
Ares Capital Corporation announced plan to conduct a public offering of 11 million shares of its common stock.