Iris Dorbian
AloStar has provided a $4.4 million loan to Blue Horseshoe Acquisitions Group to support its acquisition of Atlanta-based Roswell Oak, an office complex. No financial terms were disclosed.
First Read starts the morning with news that AppDynamics is seeking to raise $100 mln for its IPO, Trump says Sprint will bring back 5,000 jobs to the U.S. and three men charged with trading on merger info hacked from law firms.
Second Opinion closes out the day with news that Facebook acquires eye tracking company The Eye Tribe, nutrition store chain GNC closes more than 4,000 stores to reset strategy and HBO's "Game of Thrones" was the most pirated show of the year--again.
Middle-market private equity firm ACON has raised over $965 million for its fourth fund, according to an SEC filing. The target was $1.07 billion.
Roper Technologies Inc has completed its previously announced acquisition of Deltek from Thoma Bravo for $2.8 billion. Based in Herndon, Virginia, Deltek is a provider of software and information solutions for government contractors and professional services firms.
Asia-based investment firm Puji Capital and Chinese conglomerate Galaxy Holdings have formed a joint venture to create a business and economic hub in Shenzhen, China. The focus will be on Western companies trying to enter the Chinese market. According to the details of the agreement, Puji and Galaxy will make investments into more than 10 small to medium-sized growth companies in mobile gaming, media technology and consumer hardware.
First Read reports Australia's Woolworths is selling a petrol station chain to BP for $1.3 bln, Japan's Prime Minister Abe visits Pearl Harbor and police seek info from Amazon Echo device.
Legal cannabis sector projected revenue at $7.9 bln Forecast for $21 bln by 2020 Trump attorney general nominee opposes legal marijuana This past November, when eight states voted to legalize recreational and medical marijuana, investors and proponents rejoiced. That group — Arkansas, California, Florida, Maine, Massachusetts, Montana, Nevada and North Dakota — brought the tally […]
In Second Opinion, Panasonic will invest over $256 million in Tesla's U.S. plant to make solar cells, Amazon Echo devices had a very green Christmas and actress Carrie Fisher of "Star Wars" fame dies at 60. May the force always be with her.
Clessidra and the Buccellati family have sold their eighty-five percent stake in Buccellati Holding Italia, an Italian jeweler. The buyer was Chinese conglomerate Gangtai Group. No financial terms were disclosed. As a result of the transaction, Clessidra and the Buccellati family will retain a 15 percent in Buccellati.