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2011-08-17 07:00:00

LONDON and NEW YORK, Aug. 17, 2011 /PRNewswire/ -- 3i, an international investor focused on private equity, infrastructure and debt management, announced today that it has acquired a minority stake of newly issued shares in TouchTunes Interactive Networks, the world's largest digital interactive out-of-home entertainment provider, for $40 million. Current majority shareholder VantagePoint Capital Partners will invest an additional $5 million. The total investment will support TouchTunes'...


Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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