Best Home Deals In Palo Alto The Week Of April 22
A house in East Palo Alto that sold for $1.1 million, is the most affordable real estate sale in Palo Alto in the past week.
The Power Grid Needs To Get Smarter. A $280M Project Shows How.
Let's get smart about our power grid.artpartner-images/Getty ImagesThe power grid is too old and simple for the growth of extreme weather, EVs, and renewable energy.Chattanooga's utility built a $280 million smart grid, creating $2.7 billion in economic value.This article is part of "Transforming Business: Infrastructure," a series exploring the advancements reshaping US infrastructure.It pays to be smart and Chattanooga, Tennessee, has put a whole new meaning to the phrase.
Sterne Kessler Garners "best New Office Space" At Washington Business Journal's 2024 Best Real Estate Deals Awards
CityBiz shares the news that Sterne Kessler won the "Best New Office Space" award at the 2024 Washington Business Journal Best Real Estate Deals Awards. In its 27th year, the annual program recognizes the Washington area's most pronounced real estate deals closed in the prior year. The posting features these quotes about the new office from leaders at the firm: "Prior to the pandemic, we were already planning a move and buildout to create a next-generation office.
We're Reading: Being Well-connected Doesn't Hurt Hunterbrook Media
"Ocean's Thirteen" was written by the father of Sam Koppelman, one of Hunterbrook Media's co-founders. The movie stars Matt Damon, who sent a letter of recommendation on Koppelman's behalf to Harvard.Jeff Kravitz/Getty ImagesHunterbrook Media is a hedge fund that also does journalism. Or maybe a journalism startup that also runs a hedge fund. Will that work?
Exclusive-synopsys Nears $2 Billion-plus Software Unit Sale To Buyout Firms, Sources Say - Cna
NEW YORK : A private equity consortium led by Clearlake Capital and Francisco Partners is in advanced talks to acquire the software integrity (SIG) unit of chip designer Synopsys for more than $2 billion, according to people familiar with the matter. Clearlake and Francisco Partners prevailed over other buyout firms that were vying for the business, the sources said. If the talks conclude successfully, a deal could be announced as early as next week, the sources added, requesting anonymity because the discussions are confidential. Synopsys and Francisco Partners did not immediately respond to requests for comment.
Sony, Apollo Reportedly Offer $26B For Paramount
A committee established by Paramount's board declined a $27 billion bid in March. : Sony Pictures and private equity firm Apollo Global Management have submitted a $26 billion offer for Paramount Global, The Wall Street Journal reported Thursday, the latest bid for the entertainment conglomerate, whose shares have spiked with news of potential takeovers in recent months. Sony Pictures CEO Tony Vinciquerra and Aaron Sobel, a partner at Apollo, submitted an offer letter detailing an all-cash, $26 billion bid for Paramount Global on Wednesday, according to The Wall Street Journal, citing people familiar with the situation.
Sony, Apollo Bid $26B For Paramount: Report
PATRICK T. FALLON/Getty ImagesSony and Apollo Global Management are reportedly bidding big for Paramount.Sony and the private equity firm teamed up for an all-cash offer of $26 billion for Paramount Global, The Wall Street Journal reported on Thursday.The bid was officially sent on Wednesday, the Journal reported, based on anonymous sources. Sony and Apollo's offer was nonbinding, according to the Journal.Skydance Media and its largest private-equity backer RedBird Capital Partners have also been trying to win over Paramount for the better part of a year.
Altruist Raises $169M In Latest Funding Round
The Series E round values the RIA custodian at $1.5 billion. : Altruist has raised $169 million in a Series E round that values the RIA custodian at $1.5 billion, according to the firm. The funding round was led by ICONIQ Growth, with participation from Granite Capital Management. Existing investors Adams Street Partners and Sound Ventures also participated. This follows a $112 million Series D funding round announced last year and brings Altruist's total funding to over $450 million.
Haryana: Naveen Jindal, Wife Declare Assets Worth Nearly Rs 1,000 Crore - The Economic Times
Naveen Jindal filed nomination for Kurukshetra Lok Sabha seat, declaring Rs 1,000 crore assets. No vehicle ownership. Wife Shallu, Jindal Steel and Power Limited chairman, MBA from University of Texas at Dallas. Gold, jewellery, agriculture land in Dadri. Non-agriculture land, income for 2022-23.
Kelvin Group And Southfield Capital Announce Refrigeration Design And Service's Strategic Acquisition Of Dahm's Refrigeration Services
Contracting firm based in Norristown, PA specializes in the sales, service and maintenance of industrial and commercial refrigeration facilities WILMINGTON, Mass., May 2, 2024 /PRNewswire-PRWeb/ -- Southfield Capital, a premier lower middle market private equity firm, and Kelvin Group,...