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Lazard Names David Cecil MD

David Cecil has joined Lazard Ltd. as a managing director and head of North American Exploration and Production. He was previously managing director and co-head of Scotia Waterous, the oil and gas arm of Scotiabank. Cecil is based in Houston. … Continue reading

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Facebook Debut Lifts Elevation Partners

Elevation Partners, the private equity firm that famously counts Irish rock star Bono among its co-founders, sold 5.2 million of its Facebook shares (or 13% of its stake) for $ 198 million as part of Facebook’s IPO on Friday. Elevation’s partial exit … Continue reading

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Reuters – Schustermann & Borenstein on the Block

The family owners of Schustermann & Borenstein have mandated Goldman Sachs to sell the German clothing exporter, Reuters reported Friday, a move analysts expect to attract strong interest. Schustermann & Borenstein specialises in exporting clothing to eastern Europe and other … Continue reading

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Reuters – Schustermann & Borenstein on the Block

The family owners of Schustermann & Borenstein have mandated Goldman Sachs to sell the German clothing exporter, Reuters reported Friday, a move analysts expect to attract strong interest. Schustermann & Borenstein specialises in exporting clothing to eastern Europe and other … Continue reading

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Winnebago Gets $321.5M Buyout Offer

Winnebago Industries Inc., the largest U.S. motor homes maker, said it received an unsolicited buyout offer from North Street Capital valuing the company at $ 321.5 million. The company said it has not received sufficient information to deem the $ … Continue reading

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Solar Startup Solexel Raises $25M, According To Filing

Solar startup Solexel has raised $ 25 million in new capital, according to a filing with the Securities and Exchange Commission. No other details about the funding were available. The company received Series A financing in 2007 and a Series … Continue reading

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CIT Provides Financing to John Varvatos Enterprises

Publicly traded financial lender CIT Group is providing a senior secured asset-based credit facility to retailer John Varvatos Enterprises in conjunction with the company’s acquisition by private equity firm Lion Capital. PRESS RELEASE: CIT Group Inc. (NYSE: CIT – News) … Continue reading

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CIT Provides Financing to John Varvatos Enterprises

Publicly traded financial lender CIT Group is providing a senior secured asset-based credit facility to retailer John Varvatos Enterprises in conjunction with the company’s acquisition by private equity firm Lion Capital. PRESS RELEASE: CIT Group Inc. (NYSE: CIT – News) … Continue reading

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Carnegie Speech Raises $3.4M In Series B Funding

Carnegie Speech said it raised Series B funding of $ 3.4 million. No other details were available. The Pittsburgh company, a spin out of Carnegie Mellon University, is developing language learning technology and says it has seen 85% first quarter … Continue reading

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Carnegie Speech Raises $3.4M In Series B Funding

Carnegie Speech said it raised Series B funding of $ 3.4 million. No other details were available. The Pittsburgh company, a spin out of Carnegie Mellon University, is developing language learning technology and says it has seen 85% first quarter … Continue reading

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