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Reliance (Still) Scouting For Mobile Content Acquisitions In U.S.; How About Yahoo? Similar
Reliance ADA, which is already making strides in Hollywood through its Dreamworks deal, has been looking for mobile content deals in U.S. for some time now, and WSJ helps with the scouting with a longish story on its ambitions. It is looking at mobile game publishers and other kinds of mobile entertainment firms, with the intent to "exploit its expertise in telecom and get exposure to a segment of the cellphone industry that promises high growth, the story says. NO specific deals have been lined up yet, though one could expect companies like Glu Mobile (NSDQ: GLUU), Digital Chocolate (has been...Feed: contentSutra.com
Interview: IAC CFO Tom McInerney: Split Rationale 'More True Today'; The Hunt For Deals Continues Similar
A wrenching legal battle, a sharp downturn in the economy and nearly a year of planning later, Barry Diller's experiment in building an internet conglomerate comes to an end. Starting today, IAC (NSDQ: IACI) officially becomes five independently traded companies—new IAC, HSN (NSDQ: HSNI), TicketMaster (NSDQ: TKTM), LendingTree (NSDQ: TREE) and Interval (NSDQ: IILG)—each with its own board and management, without obligations to favor their siblings. Despite all the company's gone through, CFO Tom McInerney, who will remain on the same position with new IAC, assured me that the "fundamental ...Feed: paidContent.org
McKenna Long sticks to longtime private equity client River Capital Similar
River Capital Partners, an Atlanta private equity firm recently acquired Can-Do National Tape Co., a Nashville company that distributes adhesive tape and related products. McKenna Long & Aldridge partner Wayne Bradley advised River Capital on the matter. Terms weren’t disclosed, but River Capital’s acquisitions typically range in size between $10 million and $50 million. The Can-Do National Tape acquisition was made using funds from River Capital’s fifth investment vehicle. Private equity funds raise separate investment vehicles, or funds, from different sources, and then invest that mo...Feed: Deal Watch - The Blog







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