Customers said the breakup between McDonald's and Heinz Ketchup was stupid, according to a report on The Windsor Star.
United States
Cliffwater LLC and Virtus Investments form new advisory firm
The new venture of Cliffwater LLC and Virtus Investments would be called Cliffwater Investments. Multi manager asset management business operator Virtus Investment Partners together with leading advisory firm Cliffwater LLC announced the establishment of Cliffwater Investments LLC.
Video advertisements make Rockabox highly enticing
With the projected growth of video advertising, Rockabox opens a Series A funding round worth GBP3 million.
Intellectual Ventures insists on high royalties for patent licenses from Symantec, Trend Micro
Intellectual Ventures (IV) wanted to collect a combined USD310 million in patent licensing fees from security firms Symantec and Trend Micro.
Judge approves tentative deal for Countrywide
Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.
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McDonald's broke up with Heinz after 40 years due to management changes in the condiment company.
Brixmor Property Group would be raising up to USD 905.6 million when it goes public, helping make 2013 the biggest year for IPOs in the US real estate market.
Consol Energy would be selling some of its assets to Murray Energy Corp in a deal worth USD 850 million.
IfOnly was able to raise USD 12 million from investors in a round led by New Enterprise Associates. San Francisco-based startup IfOnly gathered USD 12 million in capital commitments from various investors.
Private equity company KKR purchased minority stakes in rural wireless infrastructure-focused companies run by Associated Partners.
Chrysler amended some of the statements it made for its initial public offering filing. Chrysler Group made changes to its registration statement for its initial public offering.
A source told Bloomberg that Lone Star Funds closed its third real estate fund with investor commitments reaching USD 6.6 billion.
CVSL Inc offered to buy Blyth Inc for USD 268 million, according to sources interviewed by Bloomberg.
A stockholder of NQ Mobile Inc filed a case against the Chinese firm for incurring losses after a research report said NQ had inflated its revenues.
