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Cloud Software Co. Mirakl Raises $300M

PYMNTS

Alexandre Margoline , a partner at Permira, said in a statement that Mirakl can become the central hub and platform for digital marketplace operators, sellers and partners. . The company was founded in 2006, when Nussenbaum launched an online marketplace for video games. “We Siemens AG and Hewlett Packard Enterprise Co.,

Software 220
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Slimmed-Down Albertsons IPO Raises $800M

PYMNTS

Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

Idaho 224
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Bill.com Sets IPO Price Slightly Higher Than Expected

PYMNTS

The firm’s market capitalization is at $1.56 Since launching in 2006 in Palo Alto, Bill.com has been providing SMBs with automated back-office payment operations, such as payroll and bill payment. The price is slightly higher than the expected amount of $19 to $21, which it had originally marketed. Its net loss only went up 1.7

New York 131
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FDIC: Community banks outperform industry in third quarter

Abrigo

Another bright spot: less than seven percent of community banks were unprofitable – the lowest since the second quarter of 2006. The FDIC maintains a problem bank list, defined as “institutions with financial, operational or managerial weaknesses that threaten their continued financial viability.”

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PSCU Names Kevin Spear New SVP, Service Delivery

PYMNTS

This is Spear’s second round at PSCU, as he was previously in charge of Client Relations and Services at the company from 2006 to 2012. This time around, he will be responsible for driving the strategic direction, continuous improvement and operational effectiveness of PSCU’s Service Delivery team. billion transactions annually. “His

Industry 130
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

Dr. Jonathan Mordis, PharmD, CPh, VP of business development at Corporate Capital Direct unit Rx Fund Assist , pointed to one of the root causes of cash flow pain for independent pharmacy owners. Mordis pointed to CVS’s acquisition of pharmacy benefits manager Caremark in 2006, while just last month CVS received approval from the U.S.

Capital 130
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Ex Danske Bank Exec Still Missing In Estonia

PYMNTS

Aivar Rehe, the 56-year-old former executive of Danske Bank who was in charge during a 200 billion euro money laundering operation that made global headlines, has been missing for a second day in Estonia , according to a report by the Financial Times. 23) morning in Tallinn, the capital of Estonia.