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After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

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After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

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China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

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Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education

M&A

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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January 20, 2012, 2:44 PM ET
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Barbican Insurance has made an indicative takeover offer for rival Omega Insurance (LSE: OIH). No pricing terms were publicly disclosed.

Hertz Global Holdings (NYSE: HTZ) has acquired Cinelease, a Los Angeles-based provider of in lighting and grip rentals to the television industry. No financial terms were disclosed. Sellers include Audax Group and American Capital. www.hertz.com

Twitter has acquired Summify, a Vancouver-based social news reader, for an undisclosed amount. Summify shareholders include Accel Partners and Stewart Butterfield. www.summify.com

Barbican Insurance has made an indicative takeover offer for rival Omega Insurance (LSE: OIH). No pricing terms were publicly disclosed.

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By Dan Primack
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