SEC proposes rules for share issues via crowdfunding

SEC proposes rules for share issues via crowdfunding (via AFP)

Crowdfunding could become a hot new source of venture capital under new US rules proposed Wednesday to allow companies to make private share placements to micro-investors via the Internet. The new Securities and Exchange Commission regulations would…

Dan Loeb’s Third Point Re To Merge After Years Of Losses

Nestle Dan Loeb Daniel Loeb third point capital hedge fund manager activist investor poison pen activism Yahoo corporate governance famous investorsLast week, Third Point Re insurance, which is backed by US hedge-fund manager Daniel Loeb, said it would merge with Sirius International Insurance Group in a cash-and-stock deal worth around $788 million. The deal comes at a pivotal time for both companies. Third Point Re To Merge After Years Of Losses Early last year, reports Read More