Update: Thumbplay Music Sold To Clear Channel; Fate Of Ringtone Ops Unknown
Update: Clear Channel announced that it is the media company buying the cloud-based music subscription service Thumbplay Music — a deal tha… Read more »
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TargetSpot Raises $8 Million To Expand Its Digital Audio Ad Network
By Joseph Tartakoff
photo: Corbis / Ramin Talaie
CBS (NYSE: CBS) Radio-backed TargetSpot, which bills itself as the biggest digital audio ad network, has raised $8 million in its latest rou… Read more »
Edgar Online Gets $12 Million Funding From Bain Capital
By Rafat Ali
Edgar Online (NSDQ: EDGR), the publicly traded financial information service which we first reported was out there raising money since Augus… Read more »
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Bain Close To Buying Reed Business; Parent May Keep a Stake; Apollo May Rebid
By Rafat Ali
The sale process of Reed Business is in its final stages, as one of the two bidders left in the fray, Texas Pacific Group/DLJ combo, has dro… Read more »
Huawei Cancels Auction For Its Mobile-Devices Unit; Cites Economy
By Tricia Duryee
China’s Huawei Technologies is canceling the sale of a major stake in its mobile-devices unit after only two bidders submitted offers, the W… Read more »
Huawei Receives Formal Bids For Mobile Device Unit
By Tricia Duryee
The mobile device unit of China’s Huawei Technologies has received offers from private-equity firms Bain Capital Partners and Silver Lake Pa… Read more »
Video Chatter TokBox Raises $10 Million Second Round
By Joseph Weisenthal
TokBox, the provider of a simple video chatting service, has raised a $10 million second round led by Bain Capital Ventures, with participat… Read more »
Deal Done: Weather Channel Sold To NBCU and Bain/Blackstone Combo
By Rafat Ali
The Weather Channel deal is finally done, and announced on a lazy, bright and clear July 4th weekend Sunday: Landmark Communications has agr… Read more »
Bain: LinkedIn Will Be Public In Three Years
By Joseph Weisenthal
LinkedIn is getting a lot of media attention following the big raise it announced last night… speaking on CNBC, Jeff Glass, partner at Bai… Read more »
LinkedIn Raised Its Big Round; $53 Million From Bain and Others; $1 Billion Valuation
By Rafat Ali
LinkedIn has closed its big round, which it had been working on for a while now in the midst of fielding some acquisition offers from strate… Read more »
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It’s Official: Clear Channel, Banks, Buyers Agree On Deal At $36 Per Share
By Joseph Weisenthal
After two days worth of reports, Clear Channel (NYSE: CCU) confirmed late last night that it, its private equity buyers (Bain and Thomas H.… Read more »
Clear Channel Buyout: Banks Offer Binding Arbitration; PE Buyers Reject
By Joseph Weisenthal
The acquisition of Clear Channel (NYSE: CCU) by two private equity firms, Thomas H. Lee and Bain Capital Partners, continues to play out in… Read more »
Updated: Judge Awards Temporary Restraining Order Against Banks In Clear Channel Case
By Joseph Weisenthal
That was quick: A Judge in Bexar County, TX has granted a temporary restraining order against the banks funding the Clear Channel (NYSE: CCU… Read more »
Updated: PE Firms Sue Banks To Save Clear Channel Deal; Clear Channel Wants Huge Penalty
By Joseph Weisenthal
Looks like the banks financing the Clear Channel (NYSE: CCU) sale definitely want to walk. Last night reports emerged that the deal was on t… Read more »
Clear Channel Sale ‘Near Collapse’: Report
By Joseph Weisenthal
Whispers that Clear Channel’s (NYSE: CCU) $19 billion sale to two private equity firms is on the rocks have been growing louder in recent we… Read more »
Internet Radio Advertiser TargetSpot Secures $8.6 Million Second Round
By David Kaplan
Streaming audio ad company TargetSpot has raised an $8.6 million second round funding led by Bain Capital Ventures. Previous backers CBS Cor… Read more »
DOJ Approves Clear Channel Sale If Station Divestitures Are Made; Still Waiting On Financing
By Joseph Weisenthal
Another hurdle cleared, but not the big one: The DOJ announced today that it would approve Clear Channel’s (NYSE: CCU) sale to two private e… Read more »
AdReady Gets $10 Million For Ready-Made Display Ads
By Joseph Weisenthal
Seattle-based AdReady, which offers cheap templates for internet display ads, has raised a $10 million round from Bain Capital, Khosla Ventu… Read more »
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