Salix Pharmaceuticals Ltd. has agreed to acquire Oceana Therapeutics LLC, an Edison, N.J.-based provider of gastroenterology and urology therapeutics. The deal is valued at $300 million in cash. More
Genstar Capital has agreed to acquire the Insurance Software Solutions business of LexisNexis Risk Solutions for an undisclosed amount. The Hartford, Conn.-based business, has around 400 employees and more than 100 insurer clients. More
WhaleShark Media, an Austin, Texas-based online coupon and deals marketplace, has raised $150 million in new VC funding led by J.P. Morgan Asset Management and Institutional Venture Partners. More
The problem isn't that Wall Street broke the rules to their own benefit, it's that the rules themselves are unhelpful.
The Daily Show host suggests that MF Global's former CEO didn't exactly practice what he preached (gasp!)
Yelp picks bankers for $2 billion IPO. Also: Why investors should be terrified of certainty.
The 500-shareholder rule is heading for the scrapyard.
When is a VC fund not a VC fund?
Done right, a flat tax can make the U.S. more competitive and help working people. So let's stop making it so partisan.
Jeremy DeGroot of Litman Gregory explains how to choose a mutual fund - and where to invest today.
VC firm pulls plug on healthcare investing.
Mark Zuckerberg seemed determined to take Facebook public (someday) in a wide-ranging interview with Charlie Rose.
Also: Why bond rates are going to stay low. The owner of Yahoo's patents could cripple Facebook's IPO.