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Blog Posts in January, 2013

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  • Wind-energy company sued for fraudulent business practices
    Wind-energy company sued for fraudulent business practices

    Texans are no strangers to the U.S.'s dependency on oil to power everything from enormous power grids to our own vehicles. Many property owners, in an effort to 'go green'-as well as put a little ...

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  • Texas data center provider nets $315.5 mln from IPO
    Texas data center provider nets $315.5 mln from IPO

    When the Texas-based data center provider CyrusOne decided to enter into the public market there was a lot to think about. How much of the company would be offered up to shareholders? What would the ...

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  • Supervalu sells five supermarket chains to pay off $3.2 bln in debt
    Supervalu sells five supermarket chains to pay off $3.2 bln in debt

    In an effort to staunch the flow of money leaving the company, Supervalu announced this month that it has finally struck a deal with an investor group led by Cerberus Capital Management LP that would ...

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  • Fannie Mae wins $10 billion in loan settlement
    Fannie Mae wins $10 billion in loan settlement

    Although a majority of Houston residents have heard about the recent mortgage crisis, or may have been personally impacted by it, very few people knew exactly how the crisis had started and why it was ...

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  • Avis to acquire Zipcar for $491 million
    Avis to acquire Zipcar for $491 million

    When Houston residents think of Avis, they think of rental cars. But Avis wants to branch out past that solitary business venture and get into the car-sharing market. That is why it is purchasing ...

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