Luggage maker Airways Industries Inc. retains firm.
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Money
Metro Funding Closes 50M Secured Credit Facility
The three-year revolving credit facility was provided by GermanyÂs WestLB and represents a securitization of short-term mortgage loans originated by Metro Funding in the United States
Read More »Comcast to Buy Patriot Media for 483 Million
Cable TV services provider Comcast Corp. of Philadelphia today announced a $483 million cash deal to buy cable systems owned and operated by Patriot Media & Communications, a Greenwich, Conn.-based company with substantial assets in New Jersey. Comcast will
Read More »Raising the Debt Roof
Biz Briefs
Read More »FX Solutions Picks Up Venture Funding
FX Solutions receives more than $100 million in venture capital from private equity investment firm Francisco Partners.
Read More »Provident Financial Completes First Morris Bank Trust Acquisition
Provident Financial Services Inc. in Jersey City has completed its previously announced deal to acquire First Morris Bank & Trust for $62 million in cash and about 3.3 million shares of Provident common stock. The combined company has assets of some $6.3 billion and 84 branches in 10 counties throughout northern and central New Jersey. Provident
Read More »Citi’s Commercial Business Group Divests U.S. Business Technology Finance Unit
CitiÂs Commercial Business Group has agreed to sell its U.S. Business Technology Finance unit to CIT, a New York City-based commercial and consumer finance company. The BTF business, based in Mahwah, has approximately
Read More »Riding the Wireless Boom
Anadigics raised nearly $99 million in a public equity offering of 8.6 million shares. The 22-year-old company earned a profit of $51 million on revenue of about $170 million last year.
Read More »Canada Calling
Parsippany firm J. B. Hanauer & Co. was bought by the Royal Bank of CanadaÂs U.S. brokerage subsidiary RBC Dain Rauscher of Minneapolis
Read More »GE Scoops Up Ailing Firm
PHH Corp. is brought for $1.8 billion in cash by the financial services arm of General Electric Co.
Read More »Voxware Kicked Off Nasdaq Exchange
The action came after Voxware failed to meet Nasdaq requirements, including falling below $500,000 of net income from continuing operations for the most recently completed
Read More »Pharmos Receives Israeli Office of the Chief Scientist Grant
Pharmos Corp. has been awarded a grant by the Office of the Chief Scientist (OCS) of Israel's Ministry of Industry to support the development of
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