Industry News

Hercules Capital, Inc., the leading specialty finance company to innovative, venture growth, pre-IPO and M&A stage companies backed by leading venture capital firms, is pleased to announce the latest liquidity events for eight of its portfolio companies: TPI Composites,..."/>
Hercules’ Leading Originations Platform Continues to Finance Some of the Most Promising Innovative and Disruptive Venture-Backed Companies in the Market
Lithia Motors, the firm said. Lithia Motors is fifth largest automotive retailer in the US. The transaction, which represents the 27th dealership sale managed by Kerrigan Advisors since July 2015, was completed on September 12, 2016.."/>
Lithia Motors Buys Carbone New York Dealership Group
SKECHERS USA Inc, a leader in lifestyle and performance footwear, announced on Wednesday the signing of a new joint venture partnership for Israel with its current regional distributor, MGS Sport Trading Ltd.. The JV, Skechers Footwear Ltd, is expected to enable SKECHERS to use its proven sales strategies and global infrastructure to aggressively expand the brand. According to the company, as its distribution partner for 15 years, MGS Sport Trading has played a key role in its..."/>
SKECHERS announces new JV in Israel
Detroit Free Press Susan Tompor column [Detroit Free Press]
Detroit Free Press Mark Phelan column [Detroit Free Press]
Toll Brothers' Regency at Summerlin opening, the sales team had hundreds of individuals on their waiting list. Toll Brothers Group President Gary Mayo says that 45 homes were sold within the first four months after the models were open, and the waiting list has..."/>
Active Adult 55+ Communities Continue to Experience Strong Demand in Las Vegas Offering New Home Designs and Enhanced Amenities
News Corporation by Seven West Media. "The ACCC received a significant amount of feedback about diversity and quality of news from consumers in Western Australia. We also listened carefully to concerns raised by businesses who advertise in West Australian newspapers, "ACCC Chairman Rod Sims said."/>
ACCC will not oppose Seven West Media's proposed acquisition of The Sunday Times and
Tesla Motors Inc., which is working to expand electric vehicle charging..."/>
Sacramento hotel christens electric vehicle charging hub [The Sacramento Bee]
Reliance Communications Ltd and Aircel Ltd is so sketchy on details, it almost gives the impression the two companies have decided to make things up as they go along. The all-important detail of how much equity the two companies plan to bring in to the merged entity has been left unanswered. "On consummation of the merger, RCom and Maxis Communications are committed to additional equity infusion into the merged company to..."/>
RCom, Aircel merger: devil is in the details [Mint, New Delhi]
Under Armour and Nike September 14, 2016. --Uber riders in Pittsburgh get first taste of driverless future September 14, 2016."/>
BRIEF: Workers on the ball at Amazon 'biospheres' [The Seattle Times]
Ziggo Proposes New Financing
Oil and Natural Gas Corporation alleged in the Delhi high court on Wednesday that Cairn may be colluding with Videocon Industries in a case involving the Ravva oil field in which the three companies, and Ravva oil are partners. Cairn India Ltd moved the Delhi high court last week seeking a refund of costs it had paid on behalf of Videocon Industries Ltd for operation of the Ravva oil field in the Krishna-Godavari basin in Andhra Pradesh. "Cairn is not pressing for..."/>
ONGC accuses Cairn and Videocon of collusion in Ravva oil field case [Mint, New Delhi]
Comcast Business is expanding its advanced fiber network in Southwest Florida, offering Ethernet services with speeds up to 100 gigabits per second. The new service is ideal for larger businesses or organizations that do video conferencing, streaming, file sharing and backup, use cloud-based applications and have multiple users on a Wi-Fi network."/>
Comcast Business expanding in Southwest Florida [Naples Daily News, Fla.]

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