Tags: Sales

Maxim Magazine Fetches Bids of About US$20 Million

Maxim magazine was said to be fetching bids of only US$20 million, less than a 10th of the cost its investors paid about six years ago.


Prada sells well in Asia, to open more stores

Prada is opening at least 80 more stores after having an increase in profit driven by strong sales of its items in Asia.

McDonald's Sales Increase with "Aggressive" Menu

McDonald's gained better than expected figures with aggressive advertising focused on its breakfast and Dollar menu.

NZ Government Divesting Interests in Private Companies

The New Zealand government is divesting its interests in private companies in order to curb costs and trim debt.


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Biodesix raises fund through preferred shares sales. The molecular diagnostic company, Biodesix Inc, has added US$8. 8 million funding through another round of sales of its preferred shares in Series D funding round.
CEDC's creditors voted approval for the Chapter 11 financial plan of the bankrupt company. According to a recent statement from the Central European Distribution Corporation, the creditors of the vodka maker are said to be supportive of the company's restructuring plan.
The IPO market is growing again in North America and Europe. Globally, initial public offerings raised US$20 billion in the first quarter of 2013. The growth of this financial area was buoyed by rallies in different stock markets to sell businesses.
TPG purchases Assisted Living shares for US$278 million Investment firm TPG has reached an agreement with Assisted Living Concepts Inc for the sale of its senior living residence operations for US$278 million.
Time Warner Inc is considering selling its New York headquarters and has asked real estate brokers to evaluate the building's value
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