Bain Capital Fund XI, with a projected USD6 billion, is now worth USD2.3 billion. Bain Capital was able to raise about USD5 billion for its eleventh buyout fund.
United States
Halted EU-US talks complicate trading ties
The EU-US negotiations, already overshadowed by the revelations of former NSA contractor Edward Snowden, now faced even more delays due to the partial deadlock in the US government, said a Reuters report.
Forest City sells Atlantic Yards stake
According to a report from Bloomberg, Forest City Ratner Cos had sold a 70% stake in Atlantic Yards to speed up a real estate project confronted by years of delays.
Twitter 3.25% IPO fee smaller than Facebook's - sources
Twitter would pay a smaller fee to bankers at 3.25% of its IPO valuation, compared to that of Facebook's, according to sources.
Obama open to healthcare act changes - US senators
US Republican Senators said that President Barack Obama was open to changes regarding Obamacare, a possibility that the US deadlock on budget issues would be reached, reported Bloomberg.
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Taking the loss as a personal matter, CEO Jamie Dimon's JP Morgan reported a loss for the third quarter of 2013.
The IPO of CommScope Holding Co is expected to reap USD800 million. Commscope Holding Co, the telecommunications equipment firm, had set pricing terms for its IPO.
With a possible loss of USD3 billion and failure in the lower courts, telecommunications companies have gone up to the Supreme Court to decide on the legality of New York based Aereo.
Mark Zuckerberg, Facebook CEO, purchased four adjunct houses to his Palo Alto home. Facebook CEO Mark Zuckerberg was recently reported to have purchased four homes adjacent to his own home in Palo Alto, CA.
Activision regains independence after it bought back shares from Vivendi SA. A group led by Activision CEO Bobby Kotick in partnership with Activision Blizzard Inc recently completed a buyout worth USD8.
As the US partial shutdown now on its eleventh day, states were confronted into choosing between putting their own funds for federal programs or letting vital services lapse.
Consol Energy's 'all options' review help share values increase. The largest US coal production company in terms of market value, Consol Energy Inc.
Community pool operator AlphaMetrix Group LLC recently fired its CFO as it grapples with liabilities far greater than its liquid assets.
Vivus Inc. had signed a deal with Auxilium Pharmacauticals Inc to market its Stendra drug in the US market, said a Reuters report.
