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Last updated on April 20, 2014 at 21:20 EDT

Latest Corporate finance Stories

2014-04-09 20:20:06

DETROIT, April 9, 2014 /PRNewswire/ -- Ally Financial Inc. (Ally) today announced the pricing of its initial public offering of 95,000,000 shares of common stock at a price to the public of $25 per share. The underwriters of the offering will have a 30-day option to purchase up to an additional 14,250,000 shares of common stock from the U.S. Department of the Treasury (Treasury) at the initial public offering price. Ally's common stock is expected to begin trading on the New York...

2014-04-09 16:24:42

ORLANDO, Fla., April 9, 2014 /PRNewswire/ -- SeaWorld Entertainment, Inc. ("SeaWorld Entertainment" or the "Company") today announced the closing of the previously announced underwritten secondary offering (the "Offering") by the selling stockholders (the "Selling Stockholders") affiliated with The Blackstone Group L.P. of 17,250,000 shares of common stock of the Company, including 2,250,000 shares that were offered and sold by the Selling Stockholders pursuant to the full exercise of...

2014-04-09 16:22:01

ATHENS, Greece, April 9, 2014 /PRNewswire/ -- Box Ships Inc. (NYSE:TEU) (the "Company") today announced that it has commenced an underwritten offering of units consisting of its common shares and warrants. The Company intends to grant the underwriters of the offering a 45-day option to purchase an additional 15% of the units sold in the offering to cover over-allotments, if any. In the event that at least $10.0 million of units are sold in the public offering, Neige International...

2014-04-09 12:20:56

JACKSONVILLE, Fla., April 9, 2014 /PRNewswire/ -- Florida East Coast Holdings Corp. (the "Company") announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 10 1/2% / 11 1/4% Senior PIK Toggle Notes due 2017 (referred to below as the "notes"). The tender offer is being made pursuant to an "Offer to Purchase" dated today, which sets forth a more comprehensive description of the terms of the offer. The table below sets forth information with...

2014-04-09 12:20:40

JACKSONVILLE, Fla., April 9, 2014 /PRNewswire/ -- Florida East Coast Railway Corp. (the "Company") announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 8 1/8% Senior Secured Notes due 2017 (referred to below as the "notes"). The tender offer is being made pursuant to an "Offer to Purchase" dated today, which sets forth a more comprehensive description of the terms of the offer. The table below sets forth information with respect to the notes...

2014-04-09 08:23:59

LAS VEGAS, April 9, 2014 /PRNewswire/ - Bakken Energy Corp formerly Orofino Gold Corp. ( OTC: ORFG) is pleased to announce that all shareholders of record as of Tuesday April 15, 2014 shall be eligible to receive a restricted common stock dividend of 1 share of ORFG common stock for every 10 shares held through April 15, 2014. The restricted stock dividend will be paid in the following manner. For every 10 shares that a shareholder owns of ORFG they will be paid 1 additional share...

2014-04-08 23:33:01

Sam Barrett joins Teakwood Capital’s team, bringing his extensive legal and transactional expertise to the firm and its portfolio companies. Dallas, TX (PRWEB) April 08, 2014 Texas private equity firm Teakwood Capital adds Sam Barrett to its team as the Managing Director for Corporate Development. He brings a wealth of experience in buying and selling companies, in addition to his broad legal expertise in corporate law. With the successful close of Fund III and the growing pace of...

2014-04-08 23:03:37

Lotus Innovations announced today that its first Private Equity fund of $10 million was over-subscribed when it closed in the first round on April 1, 2014. The fund, located in Southern California, is unique in its approach to meeting the need for funding of early stage Information Technology (I.T) Enterprise Service companies. Irvine, CA (PRWEB) April 08, 2014 Lotus Innovations announced today that its first Private Equity fund of $10 million was over-subscribed when it closed in the...

2014-04-08 16:24:05

MCLEAN, Va., April 8, 2014 /PRNewswire/ -- Gladstone Land Corporation (NASDAQ: LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions: http://photos.prnewswire.com/prnvar/20130128/PH49913LOGO Cash Distributions: Common Stock: $0.03 per share of common stock for each of April, May and June 2014, payable per the table below. The Company has paid 14 consecutive monthly cash distributions on its common stock....

2014-04-08 16:23:29

SAN FRANCISCO, April 8, 2014 /PRNewswire/ -- Kindred Biosciences, Inc. (NASDAQ: KIN), a biopharmaceutical company focused on saving and improving the lives of pets, today announced the closing of its public offering of 3,450,000 shares of its common stock, including 450,000 shares sold pursuant to the exercise in full by the underwriters of their over-allotment option, at a public offering price of $18.00 per share. Kindred Bio estimates net proceeds from the offering to be...