I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
In Second Opinion, Yahoo acquires Zofari, Apple releases its diversity stats and a study of venture outcomes reveals that nearly 65% of financings fail to return 1x capital. And, the new danger to smoking e-cigarettes.
1 min read · 12 August 2014
Bain Capital Ventures is investing $10 million in Hireology, which helps franchised organizations hire people.
2 min read · 12 August 2014
Apax Partners is buying Answers Corp., parent of Answers.com, from Summit Partners and TA Associates.
2 min read · 12 August 2014
In Second Opinion, Twitter paid $134 mln for Gnip, you can get a robotic toy dog, Poochie, in Japan and Amazon is blocking pre-orders of Walt Disney DVDs. Also, R.I.P. Robin Williams.
1 min read · 12 August 2014
In Second Opinion, to succeed as a startup raise as little VC money as possible, Facebook is in talks with Hollywood about designing films specifically for Oculus Rift andTwitter removes Bing's translation engine. Happy World Cat Day!
1 min read · 08 August 2014
Advent International has agreed to buy roughly half of Founder Dennis "Chip" Wilson’s stake in lululemon athletica for about $845 million.
1 min read · 08 August 2014
In Second Opinion, buyout shops can't even agree on how to resolve the collusion case, why HBO and Netflix are so obsessed with each other and what it's like raising money as a woman in Silicon Valley.
1 min read · 07 August 2014
Investcorp has sold SourceMedia to Observer Capital. Financial terms weren’t announced. New York-based SourceMedia is a B2B media company that publishes such titles as American Banker, The Bond Buyer as well as Mergers & Acquisitions. Investcorp put SourceMedia up for sale in late 2012 but couldn’t find a buyer, peHUB has reported.
3 min read · 07 August 2014
Platinum Equity, which is looking to sell BWAY Corp., has already more than recouped its investment in the maker of aerosol cans.
2 min read · 06 August 2014
Sterigenics International said Wednesday it has closed its $826 million buy of Nordion. Ottawa-based Nordion provides products and services for the health science sector. Jefferies advised Nordion, while Goldman, Sachs & Co. served as financial advisor to Sterigenics. Sterigenics is a portfolio company of GTCR.
2 min read · 06 August 2014
