News and Analysis

NEW YORK (Reuters) – A Huntsman Corp (HUN.N: Quote, Profile, Research, Stock Buzz) shareholder has sued Hexion Specialty Chemicals, saying Hexion hurt Huntsman investors when it did not publicly disclose its concerns about its proposed purchase of the chemical maker, according to court documents filed on Thursday. Huntsman shares soared after Hexion, a unit of […]
Medical Present Value, a medical group consulting service, has acquired Plymouth, Mass.-based TeraHealth, as insurance and benefits verification software and service company. Medical Present Value is backed by Care Capital, CenterPoint Ventures, Rho Capital Partners, Star Ventures, Sevin Rosen Funds and Techxas Ventures. Read More
ConnectEDU Inc, operator of a Boston-based Web site geared toward college students, educators and employers, has acquired Prep HeadQuarters, a college planning Web service. ConnectEDU is backed by angel investors and received $9 million in funding this year. Company Web site
  thePlatform, a broadband and mobile services company owned by Comcast, has acquired Chirp Interactive, a San Francisco-based social media application maker, for an undisclosed amount. Chirp has received venture funding from Greylock Partners, SoftTech VC, Reid Hoffman, and investors Jay Adelson of Digg Inc. and Dave Samuel of Company Web site
Prospect Partners recapitalized Linkage Inc, a Burlington, Mass.-based education service provider for executives and senior management, for an undisclosed amount. The company's management participated in the deal.  Company Web site
Dynova Laboratories, a Parsippany, N.J.-based, Aisling Capital-backed natural consumer health company, purchased SiCap Industries for an undisclosed price. SiCap makes OTC allergy and headache medicine under the brand Sinus Buster.  Company Web site
Dynamic Offshore Resources, a Houston-based oil producing property acquisition business backed by Riverstone Holdings, purchased Northstar Exploration and Production Inc for $235 million. Riverstone invested $500 million in Dynamic Offshore in January of this year. Firm Web site
PlaySpan Inc, a Silicon Valley-based in-game commerce company, acquired PayByCash, an alternative payment processor for online games and social networking Web sites. The company received $5 million toward its (X) round of venture fundraising to use toward the transaction. Prior Investors of PlaySpan include Easton Capital, Menlo Ventures, STIC and Novel TMT Ventures participated in […]
Today’s column covers last night’s Tax Loophole Protest (in front of KKR’s New York Headquarters), which I peeled myself from my air-conditioned cubicle to attend. The Service Employees International Union has expressed a number of complaints about private equity firms: they aren’t socially responsible, they deplete a company’s cash reserves, and they take on too […]
Player X, a London-based mobile games company backed by Arts Alliance, Bullion International Ltd., LongAcre Partners and Nordic Venture Partners, acquired Gaelco Moviles, a Spanish game distributer. Terms were not disclosed. Company Web site

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