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.

hot dog

peHUB Second Opinion

In Second Opinion, Portillos Hot Dogs finds a buyer, Leon Black does a VC art deal, Anthony Noto gets a job at Twitter and Rafael Nadal loses at Wimbledon.

The Blackphone, an Android software-based mobile which encrypts texts, voice calls and video chats, is displayed after being launched during the Mobile World Congress in Barcelona

peHUB Second Opinion

In Second Opinion, Twitter is buying Tap Commerce, the Blackphone ships this week, Supreme Court Justice Ruth Bader Ginsburg tells it like it is and why we should smother France with love.


Monroe fires Woo for allegedly taking confidential info; Woo fires back

Monroe Capital LLC is suing Warren Woo, a former managing director, for allegedly stealing information to help launch a rival firm, Breakaway Capital. In response, Woo called the suit a “direct retaliation” for his complaints about management and said the firm knew of his desire to leave for several months

Attendees use cell phones to capture the presentation of the Parkchoonmoo 2014 Fall/Winter collection during New York Fashion Week

peHUB Second Opinion

In Second Opinion, Google buys Appurify, not all student loan debt is equally bad, Balson leaves Bain, and a bitcoin auction is drawing Wall Street and Silicon Valley bidders

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