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AIG Auto Insurance Launches GPS-Based Teen Driver Pilot Program
The program will initially be piloted in New Jersey, as well as Arizona, Illinois, Pennsylvania, South Carolina and Washington, and uses GPS technology to allow parents of teen drivers to monitor
Redpoint Bio Gets 13M in Last Phase of 33M Private Placement
The net proceeds of the private placement will be used for RedpointÂs research and development activities and for working-capital purposes. Pursuant to the private placement
Alteon to Raise 25M in Private Financing
The company plans to use the funds for ongoing operations, and for clinical and preclinical development programs. The closing of the preferred stock financing is subject to stockholder approval and will be done at
BEIP Candidates Promise, Often Dont Deliver
Half the new jobs companies agree to create here never materialize.
Hope for Last-Minute Tax Filers
There are still some ways to cut your bill before the deadline
Valera Pharmaceuticals Announces Intention to Delist
The delisting is contingent, among other conditions, upon stockholder approval. Both companies announced on Dec. 12, 2006, that Indevus agreed to acquire Valera in a stock-for-stock transaction valued at approximately
Clear Thinking Group Named Liquidation Trustee in Bankruptcy Case
Luggage maker Airways Industries Inc. retains firm.
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
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
FX Solutions Picks Up Venture Funding
FX Solutions receives more than $100 million in venture capital from private equity investment firm Francisco Partners.
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
