Icahn Sues Dell in Latest Attempt to Derail Buyout
Reuters is reporting that Carl Icahn has sued Dell and its board in his latest attempt to derail a $24.4 billion buyout bid by the computer maker’s founder and CEO Michael Dell.
Reuters is reporting that Carl Icahn has sued Dell and its board in his latest attempt to derail a $24.4 billion buyout bid by the computer maker’s founder and CEO Michael Dell.
American Realty Capital said it has closed on the acquisition of 567 properties in July including 536 primarily net lease retail properties as part of a portfolio acquisition from affiliates of GE Capital.
Oxford Finance closed a $7.2 million term loan with Pritok Capital. Proceeds were used to acquire Nentwick Care Center in East Liverpool, OH.
PayNet’s latest analysis of small business investment points to modest growth in the coming months.
Bloomberg reported that J.C. Penney said a report that CIT has stopped funding some of its suppliers is false.
The Wall Street Journal reported that a special board committee of Dell rejected a request from Michael Dell to change the voting rules on his buyout offer.
The National Association of Credit Management said its Credit Managers’ Index fell from its June high of 56.1 to 55.5 in July, led by a sharp decline in collections.
NXT Capital announced the closing of NXT Capital Senior Loan Fund II, a $783 million leveraged loan fund that will invest in senior debt transactions originated and underwritten by NXT Capital’s Corporate Finance Group.
Amalgamated Capital said it launched its new Non-Profit Funding Advance, a service for its growing set of non-profit clients. The new tool will allow non-profits to immediately secure funding from state grants they have been awarded.
GE Capital’s Franchise Finance business said it has provided Taco Bell franchisee Guerrieri Management with a $6.8 million credit facility.