<< Read Full Article

American Capital Start-Up Stake Unwinds

Stock quotes in this article: ACAS , GOOG  

One of the largest venture capital deals in Canadian history has been quietly unwound, leaving numerous questions surrounding American Capital Strategies'(ACAS Quote) $130 million investment in a once-promising start-up Internet company.

In March 2007, American Capital announced it had invested in Geosign Corp., a little known Ontario-based Internet publishing company. The Bethesda, Md., investment firm said the proceeds were to be used by Geosign for working capital and to support the firm's "strategic growth initiatives."

The question now is whether that investment has soured. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
77.05
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services