Kid Dynamite submits:
The headline Friday night was "Groupon Said To Reject Google's Offer." Wowza. First, a little background for the uninformed: Groupon is a localized online coupon site. They solicit retailers in various metropolitan cities, inducing them to offer deals which Groupon markets to their audience of eager bargain hunters.
The most common industries that Britons are looking to break into with their start-up ideas are food and drink, fashion and I.T.
With Christmas and the New Year approaching, a team at the UK’s leading angel network and equity crowdfunding platform have undertaken a piece of research looking into Britons’ New Year resolutions, and in particular their career goals and aspirations for 2015 and beyond.
Keep it simple stupid was one of the more memorable lines to emerge from the 1992 campaign that resulted in the election of President Bill Clinton.
That message seems to have escaped those involved in planning the $1.8-billion offering of 4.00% convertible unsecured subordinated debentures, by Fortis Inc. That deal, the proceeds of which will help fund the purchase of Arizona-based UNS Energy Corporation, is complex.
International trade website Open to Export is collaborating with government and industry bodies to launch the week which will also help prepare UK businesses ahead of Anuga, the world’s largest trade fair for the industry.
Partners in the initiative include the Food & Drink Federation (FDF), the Food & Drink Exporters Association (FDEA), the Department for Environment, Food & Rural Affairs (DEFRA) and UK Trade & Investment (UKTI).
What if you didn’t have to think about food ever again? What if you could simply use a drink to get all of your nutrition?
My dad has long been a fan of this idea — he thinks we place too much emphasis on food and eating. But his dinner table musings aside, food companies are placing increased emphasis on creating liquid products that allow us to minimize the thought and effort of meals, not to mention the necessity of masticating altogether. But is drinkable nutrition the right path for our health?
CALGARY — Mergers and acquisitions in Canada’s energy sector have rebounded from a dull 2013 and look poised for a further pickup, driven by the country’s rapidly developing shale oil and gas properties rather than its better known oil sands.
Interest in the sector was renewed after a cold winter boosted gas demand and as Middle East unrest hikes oil prices. A longer-term slide in the Canadian dollar that boosted producer profits has only reinforced the trend.
“There’s another angle to the decision by Fortis to issue $1.8 billion of convertible unsecured debentures to help finance its latest acquisition,” came the message from the other end of the phone, a message delivered in response to a recent column.
The other angle: the alternatives that Fortis could have used to raise capital and a comparison of the various financing alternatives.
Go on, came the message from this end.
Like ships in the night.
That adage is at work with two financings involving Fairfax Financial Holdings Ltd.
On Monday Fairfax announced it would invest US$250-million in a seven-year 6% convertible debenture to be issued privately by BlackBerry Ltd. (Fairfax is the smartphone company’s largest shareholder.) Over the next week or so, BMO Capital Markets will try and round up buyers for the other US$750-million.