PE HUB First Read

North Carolina beats Gonzaga to win their 6th NCAA championship.

TPG owns 51 percent of Intel Security, which finally spun out as an independent company.

Verizon plans to combine AOL and Yahoo into a new company called Oath.

Yahoo CEO Marissa Mayer will not be continuing with Oath. Instead, AOL CEO Tim Armstrong will head Oath.

Patrick Rodden, CHAMP PE director, has resigned and joined Carlyle Group.

U.S. handbag and accessories maker Kate Spade & Co will spend a few more weeks negotiating a potential sale of the company after receiving an offer last week from Coach Inc.

Cherry Coke launches in China, with cans featuring likeness of Warren Buffett.

Wells Fargo is ordered to rehire whistle-blower and pay the manager $5.4 million.

Kevin Rose is moving back to California and joining True Ventures as a venture partner.

UPS unveils Saturday delivery — and 6,000 new jobs.

 

Photo: A model presents a creation from the Kate Spade Spring/Summer 2014 collection during New York Fashion Week, September 6, 2013. Reuters/Eric Thayer