OD Kobo’s High-Profile @ShellanooGroup Incubator Abruptly Cancels Tel Aviv IPO

Herzliya-based Shellanoo Group, a buzz-fueled and celebrity-backed technology incubator specializing in interactive mobile apps and internet related services, abruptly cancelled its freshly announced IPO. The surprising move, which raised red flags and is being viewed with skepticism in the local market, came less than two weeks after Shellanoo disclosed amid great mystery and fanfare,...

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Beringer Capital Acquires @Adweek in @Mediabistro Revolving Door Deal

Toronto-based private equity firm Beringer Capital acquired New York-based media and advertising trade publication Adweek from Mediabistro Holdings. The Adweek Blog Network comprising AgencySpy, FishbowlNY, FishbowlDC, GalleyCat, LostRemote, PRNewser, SocialTimes, TVNewser and TVSpy, is also included in the buyout. Founded in 1978, Adweek’s main competitor is Advertising Age or...

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