Oak Investment Partners and Gobi Partners said a New York state judge granted their requests to attach $60 million in assets they claim they’re owed by VisionChina Media Inc. in a breach-of-contract lawsuit.
Priceline.com Inc., the most valuable online-travel agency, is buying Kayak Software Corp. for $1.8 billion, adding profitable search tools to its services that help consumers book flights and hotels online.
Lance Armstrong’s loss of support from Nike Inc. and other sponsors after the cyclist was tied to performance-enhancing drug use will cost him about $30 million in earning potential, according to a sports marketing agent.
Prescient bets against the stock market have helped endowment manager Alice Handy regularly beat the Standard & Poor’s 500 Index. Handy, who manages money for Smith, Barnard and Middlebury colleges at a firm she founded called Investure LLC, has also done something more satisfying: vanquish Harvard and Yale.
Moelis & Co. will help underwrite a $300 million bond offering for Aspect Software Inc. as the investment-banking firm seeks to diversify into capital markets from advising companies on mergers and restructurings.