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Venture Capitalist Firm to Raise Next Largest European Fund

Venture Capitalist Firm to Raise Next Largest European Fund

Venture capitalist firm Lakestar is attempting to raise the next largest European fund for startup investments. Lakestar is targeting around USD 800 Million in investments, according to three people with knowledge of the matter. There’s no cer..

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse (NYSE: CS) has agreed to pay the Justice Department and the Securities and Exchange Commission (SEC) USD 77 Million in order to settle charges of hiring relatives of influential Chinese officials in order to acquire business in the cou..

Macy's Plans to Expand Bluemercury by Adding 55 More Stores

Macy's Plans to Expand Bluemercury by Adding 55 More Stores

Bluemercury is Macy's Inc (NYSE: M) answer the competition against beauty chain stores such as Ulta and Sephora. Macy’s acquired the luxury beauty retail chain in 2015 for USD 210 Million.The Company co-founded by Marla and Barry..

AT&T Raises Prices After Time Warner Acquisition

AT&T Raises Prices After Time Warner Acquisition

Two months ago, AT&T (NYSE: T) said, in a court filing, that its TV prices would lower upon acquiring Time Warner. Despite arguments from the U.S. Department of Justice that the acquisition of Time Warner would lead to higher prices for consumer..

IPG Acquires Acxiom’s Data Marketing Division for USD 2.3 Billion

IPG Acquires Acxiom’s Data Marketing Division for USD 2.3 Billion

Interpublic Group (NYSE: IPG) announced on Monday that it has entered into an agreement with Acxiom Corporation (NASDAQ: ACXM) to acquire its marketing solutions business unit for an all cash deal valued at USD 2.3 Billion.The deal combines IPG&rsqu..

Accenture Released Better-than-Expected Results for the Third Quarter

Accenture Released Better-than-Expected Results for the Third Quarter

On Thursday, ACN Inc. (NYSE: ACN) announced its financial results for the third quarter of fiscal 2018.“We delivered outstanding financial results for the third quarter. I am particularly pleased with our record new bookings of $11.7 billion a..

U.S. Approves Disney’s Buyout of Fox

U.S. Approves Disney’s Buyout of Fox

Walt Disney Co. (NYSE: DIS) has received approval from U.S. regulators to buyout Twenty-First Century Fox (NASDAQ: FOXA) for USD 71.3 Billion, on terms that Disney will divest Fox’s 22 Regional Sports Networks, according to a statement from th..