Jonathan Marino
Could it Be? Sanofi-Genzyme, for $74 per share Madoff Speaks: The Ponzi schemer insists banks had to know of fraud, the Wilpons knew nothing. Reportedly, this is the tip of the iceberg of stuff the Wilpons knew nothing about. NPMD: The billionaire offers a multi-billion dollar buyout to listed Family Dollar Advertising: Clickable CEO David Kidder talks shop
Back on Track: U.S. stocks pointing up, foreign markets generally perform well Talking Big: New Jersey Gov. Chris Christie is bringing his blunt style to Washington D.C. Breaking Up: Fosters Group will split its wine and beer businesses Breaking Up, Pt. II: Marriott will divide itself between its hotel assets and its timeshares
Zynga’s not for everyone. There are plenty of VCs out there with less than a quarter-billion to gamble. Some of them will do well to look into Digital Chocolate, which is reaching out to new potential investors for its Series D fundraising, sources at multiple VC firms told peHUB.com. Its’ A, B, and C rounds netted it in excess of $40 million (less than one-tenth of the haul Zynga already has raised, never mind its reported $250 million ongoing fundraising effort) and, should the company succeed in its ongoing attempts, it’s safe to say...
Signs of a Bubble: JPMorgan launches social media fund Dealing: Echostar Corp. plans Hughes Communications buy Shares: U.S. futures mixed Looting: Egyptian Museum of Cairo artifacts, including a statue of King Tut, go missing
Biotech and pharma specialist Sanderling Ventures plans to raise a seventh fund, its first in seven years, coming on the heels of some recent exits, sources intimately familiar with the VC’s strategy told peHUB.com. Sanderling, which did not use a placement agent for its 2004 $421 million fund, may take one on as it looks […]
Chimerix, the North Carolina-based antiviral drug maker, secured a Series F funding for about $45 million, peHUB has learned from multiple sources. Management and directors at the company met today at the company’s headquarters and the fundraise is expected to be announced next week. Several of Chimerix’s prior investors joined in the latest funding round, […]
So Nice, they Bought it Twice: Exile on Wall St. pays a visit to Centre Partners, which has twice bought and sold Bumblebee Tuna Best App Ever? You can now hit your friends on iPhone, probably for the things they say and post via iPhone Dealing: Maybe Google will get across the finish line, for once: The search titan is in talks with Next New Networks (say THAT three times fast) Quadrupling Down: TechStars Boston raises $2 million to support start-ups through 2014, according to a regulatory filing
Luca Technologies, a Golden, Colo.-based producer of sustainable nature gas, is eyeing its next fundraise after deploying much of the $100 million it has previously amassed from investors. Speaking at VC in the Rockies on Wednesday, Luca Technologies’ CFO Brian Cree said the company has spent $60 million on various acquisitions, mostly buying natural gas wells […]
Could Twitter Sell? If so, that secondary stake play was a great move… Deals: Visa targets PlaySpan, Deutsche Börse/NYSE Euronext Un-Stimulus: GOP proposes a wave of federal budget cuts Smooth it Out: Nestle/L’Oreal venture Galderma ups Q-Med bid
Monitor Clipper, the Massachusetts-based private equity firm, will acquire Arizona-based ScriptSave, sources confirm to peHUB.com. It is expected the transaction will be announced soon. Without disclosing specifics, one source who spoke with peHUB.com said that Monitor Clipper typically puts $50 million to $100 million in equity into transactions. The purchase price was not disclosed. ScriptSave has no institutional investors, a source confirmed.