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Knight: Disappointed by USA Truck's rejection, raised stake to 11%
2013-09-30 15:36:29| Trucking - Topix.net
Knight Transportation Inc. reiterated Monday that it's disappointed in Van Buren-based USA Truck Inc.'s rejection of a $242 million buyout proposal that Knight made public last week and said it has increased its stake in USA Truck to 11.3 percent of the trucker's outstanding shares.
Harvest Natural may sell Gabon stake for $137M
2013-09-30 15:31:22| Energy - Topix.net
The Houston-based energy company said Monday that its subsidiary, HNR Global Holding BV, is in negotiations with Vitol SA regarding its approximately 66.7 percent interest in the Dussafu Marine Permit PSC.
Tags: sell
natural
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Beats gets investment from Carlyle, HTC sells stake
2013-09-27 17:37:00| Telecompaper Headlines
(Telecompaper) Audio brand Beats Electronics has announced that the Carlyle Group has agreed to make a minority investment in the company. Carlyle will work with the Beats management team to continue expanding the brand and building the business both domestically and internationally. Additional terms of the transaction were not disclosed. It is expected to close in Q4 2013. Beats also announced that it has entered into a definitive agreement to reacquire a minority stake in Beats held by HTC. As a result, HTC will no longer have any ownership in Beats. HTC said it sold a 24.84 percent stake in Beats for a total USD 256 million. It also received USD 150 million from beats to pay off a promissory note.
Tags: investment
sells
beats
stake
Beats Electronics buys back HTC's stake for $265m
2013-09-27 02:00:00| Total Telecom industry news
Taiwanese smartphone company spent $300 million on U.S. headphone maker in 2011.
Tags: back
electronics
beats
buys
UK: LVMH takes stake in JW Anderson
2013-09-26 14:09:00| Daily apparel & textile news and comment - from just-style.com
Luxury group Moët Hennessy Louis Vuitton LVMH has agreed to take a minority stake in UK fahion brand JW Anderson.
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anderson
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lvmh
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