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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
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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