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Report: IPOs On Track For Best Year Since 2007, But Only One Q3 Area Tech IPO

socalTECH

A new report today, issued by E&Y, says that the global IPO market is on track to be the best year since 2007. The E&Y Global IPO trends report said it expects the total global IPO volume to reach 1,600 to 1,700 deals and a total of $190 billion in proceeds this year. READ MORE>>.

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California Leads In IPO Filings In Q2, Says Report

socalTECH

California is currently leading in terms of the number of IPO registrations, as the IPO market has reached a new high, according to a report released today. According to a report from Ernst & Young, the second quarter of 2011 saw 140 potential IPOs, representing $23.7

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Private Equity Firm Set To Sell Hulu Stake, Says Report

socalTECH

A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion.

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Broadcom's Henry Nicholas Arrested On Drug Trafficking Charges

socalTECH

According to reports , Nicholas was arrested with a woman in a Vegas hotel after a report by hotel security. According to reports , Nicholas was arrested with a woman in a Vegas hotel after a report by hotel security. READ MORE>>.

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Gottlieb Reportedly On Tap to Lead FDA, and Biopharma Exhales

Xconomy

According to several news reports, the Trump administration will nominate Scott Gottlieb to be the new commissioner of the FDA, a selection that had the life sciences industry breathing a sigh of relief Friday afternoon. Bush’s administration. Gottlieb is also a resident fellow at the American Enterprise Institute, a conservative think tank.

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Southern California Leads In Green Businesses, Says Report

socalTECH

A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. The report was compiled by research firm Colaborative Economics.

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Report: ManiaTV Axes Staff

socalTECH

Los Angeles-based ManiaTV has reportedly laid off 15 of the firm's 33 employees, according to a report in The Deal, as the firm prepares to sell the company. The firm moved here in 2007 from Denver. The Deal said Revision3 is rumored to be a possible buyer for the firm.

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