Oak Investment Partners News
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Oak Investment Partners and Gobi Partners filed a request for a written order with a New York state court judge in their case against VisionChina Media Inc.
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The fall of Lance Armstrong was as steep as the mountains he climbed en route to the Champs-Elysees and life as a global icon. He left a trail of destruction on the way up and on the way down.
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Venture capital firms Oak Investment Partners and Gobi Partners asked a New York state judge to award them $60 million they say they’re owed by VisionChina Media Inc. in a breach of contract lawsuit.
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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.
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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.
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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.
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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.
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GreenVolts Inc., a closely held developer of concentrating solar power systems, received about $39 million in venture capital financing.
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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.
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Axiata Group Bhd., Malaysia’s largest mobile-phone operator by market value, is in talks to buy a stake in India’s Tikona Digital Networks Ltd., said three people with knowledge of the matter.
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