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Golden Gate Capital Considers Merging Eddie Bauer And Pacific Sunwear

PYMNTS

Both retailers are owned by private equity firm Golden Gate Capital, which has not decided whether to merge the two companies and has declined to comment. According to sources, Washington-based Eddie Bauer hired investment banks last year to explore strategic alternatives, including a potential sale.

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Former Restaurant Execs Seek $230M For SPAC

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and Andrew Pforzheimer, former CEO of the Barcelona and Bartaco brands. His fund has invested in brands including Sweetgreen, Curry Up Now and The Hummus & Pita Co. In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based to focus on the quick-service sector.

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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

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With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum. The report said Alibaba has used such practices, among other companies.

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Postmates To Hire More Engineers As It Expands In The Seattle Area

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The company is boosting the number of engineers it is hiring in and around the Seattle, Washington area. While Postmates has an office at WeWork in Bellevue, Washington employing 22 engineers, the job ads show the company is seriously growing its presence in the area. With that raise, it has a valuation of more than $1.85

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Digital Mortgage Startup Blend Expands Into Consumer Banking

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Blend’s venture into new territory comes a month after it raised $75 million in Series F funding led by Canapi Ventures , the Washington, D.C- based early growth, FinTech-focused venture capital firm. The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. The round brought the company’s value to nearly $1.7

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US Ban Forces Huawei To Scrap Laptop Launch

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Huawei is the second ranked smartphone brand in the world, but its computer business is fairly new. Washington has asked other countries to ban Huawei as well. Huawei has also invested a great deal of capital in a company that makes chips for smartphones. The new OS could possibly be ready by the end of the year.

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The Bouqs Secure $30M For Floral Delivery In Japan

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But the thing that’s worked for us, the first is the way that we’ve sourced is unique and it’s really the foundation of our brand.”. The new funding round brings its total to $74 million so far, the highest amount raised of its startup peers like Washington, D.C.’s million and was acquired by FTD in 2018. .

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