United States

Delaware court issues ruling on Cooper-Apollo case

According to Judge Sam Glasscock, it found Cooper's allegations to be without merit as against the actions of Apollo in its buyout negotiations.


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.

Symbion prepares for sale

Symbion, which was privatized in 2007, is preparing for its sale. Surgical facilities operator Symbion Inc, which was privatized back in 2007, is now up for sale.

Box, the data storage company, prepares for its own IPO

In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut. Another one of Silicon Valley's highly anticipated IPO issues is data storage company Box.


Latest News

Leap wireless revealed that it had lost 196,000 customers as it was poised to merge with telecom giant AT&T.
Many private equity firms and partnerships are in the process of formulating their bids for diagnostic unit of Johnson&Johnson.
Three new members would join the existing members of Crowdit's Board of Advisors. The first firm to interact business networking and support services in to the crowdfunding experience, Crowdit, announced the appointments of three new members of its Board of Advisors.
A total of USD6 million in capital was provided by Guggenheim Partners for CardCash for growth financing purposes.
Choose Energy's newly minted CEO Kerry Cooper would lead the company to new markets with new capital infusion from its latest Series B funding round.
Vornado Realty Trust announced its intention to sell its Manhattan office building for USD200 million.
A rise in the growth of independent mobile apps was seen flourishing amid stiff competition. Analytics firm Flurry released new data today indicating a growing market of independent applications.
Under US GAAP rules, a twice over value increase per share between the third quarters of 2012 and 2013 for Apollo Global Management LLC.
Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.
Roozt.com, an online marketplace for indie brands, announced its seed investment round to raise USD750,000.
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