Jay Carney gives his final briefing at the White House in Washington

peHUB Second Opinion

In Second Opinion, Microsoft may announce its biggest round of job cuts in 5 years this week, Yahoo Q2 earnings come in low, KKR is getting a $400 mln dividend from Capsugel and Twitter gets hit with an age discrimination suit.

breakfast pizza

peHUB Second Opinion

In Second Opinion, Nordstrom is in talks to buy Trunk Club, LeBron James return to the Cleveland Cavaliers will have a $500 million a year impact on the local economy, plus Tim Armstrong would love to merge AOL – Yahoo but Marissa Mayer isn’t backing it. Also, should pizza places shouldn’t serve brunch? No!

Cleveland Cavaliers' LeBron James reacts to a call against the Phoenix Suns in the first quarter of an NBA basketball game in Phoenix

peHUB Second Opinion

In Second Opinion, LeBron James returns to the Cleveland Cavalliers, Crumbs Bake Shop is working on a plan to save itself plus the dos and don’ts when meeting a VC.


peHUB Second Opinion

In Second Opinion, Don Sterling vows he will never sell the L.A. Clippers, the first man to buy Marijuana legally in Washington says he was fired from his job and Marc Andreessen’s first six months on Twitter were epic.


peHUB Second Opinion

In Second Opinion, American Apparel is getting $25 mln from Standard General, Apple will eventually release info about the diversity of its workforce and teens are having a hard time finding a summer job.


peHUB Second Opinion

In Second Opinion, nearly two-thirds of the U.S. population uses a smartphone, Apple’s secret eBay store returns, the potato salad Kickstarter surpasses $40K and our hearts go out to Brazil at the World Cup semifinal.

Jimmy Choo shoes founder Mellon shows off her OBE in London

peHUB Second Opinion

In Second Opinion, Tamara Mellon, co-founder of Jimmy Choo shoes, says sexual discrimination and inequality in private equity made her a feminist, Box raises another $150 mln in funding from TPG and Coatue, and Uber cuts the price of UberX rides in NYC by 20%.


ClearLight Partners selling Apple & Eve to Lassonde

Lassonde Industries is buying Apple & Eve. Financial terms were not announced. ClearLight Partners, which recapped Adam & Eve in 2007, is the seller. Port Washington, N.Y.-based Apple & Eve offers more than one hundred different juice products sold under its flagship brand name, Apple & Eve. Houlihan Lokey Capital provided financial advice to Apple & Eve/ClearLight.


Ares to acquire Pegasus Business Park

Ares Management said Monday its real estate fund have agreed to buy Pegasus Business Park from SEGRO PLC for € 83.4 million (US$113.4 million). Pegasus Business Park, located near the Brussels International Airport and eight kilometres from the city centre, was initially developed by SEGRO between 1999 and 2003. Pegasus Business Park consists of nine office buildings and an underground car park extending over 83,384 square meters.


Archer Daniels buying Wild Flavors for $3.1 bln

Archer Daniels Midland Company said Monday it was buying Wild Flavors GmbH in a deal valued at approximately €2.3 billion (US$3.1 billion). Sellers include KKR and Dr. Hans-Peter Wild, WILD Flavors chairman. Wild Flavors, of Zug, Switzerland, supplies natural ingredients to the food and beverage industry. Archer Daniels is assuming about €0.1 billion of net debt. The deal, contingent on regulatory approvals, is expected to close by year end. Barclays provided financial advice to ADM.

Chairman and CEO of JP Morgan Chase Dimon arrives at the White House in Washington

peHUB Second Opinion

In Second Opinion, JP Morgan Chase CEO Jamie Dimon has throat cancer, Facebook buys LiveRail, Target doesn’t want shoppers to carry guns now, plus a shirtless jogger gets into a heated argument with Rob Ford and becomes an instant hero.

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