United States

Flurry of retail buyouts, mergers seen amid hedge fund closures

Retail buyouts and mergers lead by foreign exchange market broker FXCM Inc had been seen proliferating in the midst of closures of some of the biggest hedge funds in the US and European Union.


Greenland Holding co-develops New York project with Forest City Ratner

China-based property developer Greenland Holding Group would be co-developing the Atlantic Yards Apartment Project in New York with Forest City Ratners Cos.

Brockovich claims preemption status of Essure reason for fight

Erin Brockovich pointed to preemption laws in her campaign to take Essure off the market. Erin Brockovich, the consumer advocate who filed a multimillion case against Pacific Gas and Electric Co for groundwater contamination, had blamed preemption laws in her fight against birth control implant Essure.

NY City Opera open for merger - company lawyer

New York City Opera Kenneth Rosen had indicated in a court hearing that the American opera company would be open to a merger.


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Twitter Inc would reportedly pay 3.25% from its upcoming public listing as fee to its bankers, sources told Bloomberg.
The government of President Barack Obama would allow states to reopen national parks using their own funds.
Eight nationally-run parks in Utah would reopen by Saturday using state funds. Despite the ongoing US government shutdown, five national parks in Utah will reopen on Saturday.
According to a securities filing, BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin were said to have an interest in putting up an alternative bid for the smartphone maker.
Trevena, whose pharmaceutical products are on the clinical study stage, would conduct an IPO through prospectus dissemination.
For USD3.88 billion all share exchange transaction, Regency Energy acquires PVR Partners. Pipeline partnership Regency Energy Partners LP, which is controlled by Energy Transfer Equity LP, agreed to purchase PVR Partners LP for USD3.
The merger of ICE-NYSE Euronext would not be subject to EU objection, according to individuals with knowledge of the matter.
A new book by New York Times reporter Nick Bilton had claimed that Twitter Inc Chairman Jack Dorsey got co-founder Noah Glass booted out from the company in 2006.
Achates Power completed its Series C funding round with USD 35.2 million from existing investors which included Sequoia Capital Partners, RockPort Capital Partners, Madrone Capital Partners, InterWest Partners and Triangle Peak Partners.
Marlin Equity Partners bought iolo technologies and merged the acquired company with Phoenix Technologies.
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