Skytree, Inc. announced that it has received $18,000,000 in a series A round of funding led by new investor U.S. Venture Partners on April 30, 2013. The transaction included participation from new investor UPS STrategic Enterprise Fund, a fund managed by United Parcel Service, Inc. and other existing investors Javelin Venture Partners and Osage University Partners I, LP, a fund managed by Osage Partners LLC. The transaction also saw participation from Scott McNealy. ... As part of the transaction, Rick Lewis, partner at U.S. Venture Partners joined the company's board.
Read More

United Parcel Service, Inc. (NYSE:UPS) agreed to acquire Cemelog Kft on April 25, 2013. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2013. UBS AG acted as financial advisor to United Parcel.

The Antioch Company filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Ohio, Dayton on November 13, 2008. The debtor listed both its assets and liabilities in the range of $10 million to $50 million. The largest unsecured creditors include United Parcel Service, Inc., 3L Corporation, Midland Paper Company Inc., LF Centennial Pte. Ltd., Range Printing, Keating, Muething & Klekamp, PLL, GLS Companies, ... Inc., Next Wave Logistics Inc., CH Robinson Worldwide Inc. and Adventure Creative Group. Sean D. Malloy of McDonald Hopkins LLC and Clinton E. Cutler of Fredrikson & Byron, P.A. acted as legal advisors for debtor. Michael B. Fisco, Abby E. Wilkins, Eric J. Howe, Nicole M. Murph and Susan Carlson of Faegre Baker Daniels LLP acted as legal advisor for official committee of unsecured creditors. Kevin Willis of Stoneleigh Group Holdings LLC acted as chief restructuring officer for the debtor. The US Bankruptcy Court granted an order for the joint administration of the Chapter 11 bankruptcy cases of The Antioch Company, LLC and its affiliates on April 18, 2013. The affiliates include ZeBlooms, Inc.; Antioch Framers Supply Company, LLC. The cases would be jointly administered for administrative and procedural purposes. The Antioch Company, LLC has been designated as the lead debtor.
Read More

Rotech Healthcare Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on April 8, 2013. The affiliates include A-1 Medical Equipment, Inc., ABBA Medical Equipment, Inc., Acadia Home Care, Allied Medical Supply, Inc., Always Medical Equipment, Inc., Andy Boyd's Inhome Medical, Inc., West, Anniston Health & Sickroom Supplies, Inc., Berkeley Medical Equipment, Inc., Beta ... Medical Equipment, Inc., Cambria Medical Supply, Inc., Camden Medical Supply, Inc., Care Medical Supplies, Inc., Centennial Medical Equipment, Inc., Charlotte Medical Supply, Inc., Community Home Oxygen, Inc., Contour Medical Supply, Inc., Corley Home Health Care, Inc., CPO 2, Inc., Daniel Medical Systems, Inc., Distinct Home Health Care, Inc., Don Paul Respiratory Services, Inc., Dumed, Inc., East Tennessee Infusion & Respiratory, Inc., Ellis County Home Medical Equipment, LLC, Encore Home Health Care, Inc., Excel Medical of Fort Dodge, Inc., Excel Medical of Marshalltown, Inc., First Community Care of Niagara, Inc., FirstCare, Inc., Fischer Medical Equipment, Inc., Four Rivers Home Health Care, Inc., G&G medical, Inc., Gate City Medical Equipment, Inc., Georgia Medical Resources, Inc., Gladwin Area Home Care, Inc., Hamilton Medical Equipment Services, Inc., Health Care Services of Mississippi, Incorporated, Holland Medical Services, Inc., Home Care Oxygen Services, Inc., Home Medical System, Inc., Integrated Health Services at Jefferson Hospital, Inc., Intensive Home Care Services, Inc., IOTA Medical Equipment, Inc., Lambda Medical Equipment, Inc., Lovejoy Medical, Inc., Major Medical Supply, Inc., Medco Professional Services Corp., Medcorp International, Inc., Medic-Aire Medical Equipment, Inc., Medical Electro-Therapeutics, Inc., Medicare Rental Supply, Inc., Michigan Medical Supply, Inc., National Medical Equipment Centers, Inc., Neighborcare Home Medical Equipment of Maryland, LLC, Neighborcare Home Medical Equipment LLC, Neumann's Home Medical Equipment, Inc., Nightingale Home Health Care, Inc., North Central Washigton Respiratory Care Services, Inc., NorthEast Medical Equipment, Inc., NorthWest Home Medical, Inc., Omicron Medical Equipment, Inc., Oxygen Plus Medical Equipment, Inc., Oxygen Plus, Inc., Oxygen Therapy Associates, Inc., Peterson's Home Care, Inc., PHI Medical Equipment, Inc., Pioneer Medical Services, Inc., Preferential Home Health Care, Inc., Principal Medical Equipment, Inc., Professional Breathing Associates, Inc., Professional Respiratory Home Healthcare, Inc., PSI Health Care, Inc., Pulmo-Dose, Inc., Qualicare Home Medical, Inc., Quality Home Health Care, Inc., Regency Medical Equipment, Inc., Resp-A-Care, Inc., Respiracare Medical Equipment, Inc., Respiratory Medical Equipment of GA., Inc., Respitech Home Health Care, Inc., Responsive Home Health Care, Inc., Rhema Medical, Inc., Ritt Medical Group, Inc., RN Home Care Medical Equipment Company, Inc., Roswell Home Medical, Inc., Rotech Employee Benefits Corporation, Rotech Home Medical Care, Inc., Rotech Oxygen and Medical Equipment, Inc., Roth Medical, Inc., Rothert's Hospital Equipment, Inc., Sampson Convalescent Medical Supply, Inc., Select Home Health Care, Inc., Sigma Medical Equipment, Inc., Southeastern Home Health, Inc., Sun Medical Supply, Inc., Sunshine Home Health Care, Inc., The Kilroy Company, Theta Home Health Care, Inc., Tupelo Home Health, Inc., Valley Medical Equipment, Inc., Value Care, Inc., Vitalcare Health Services, Inc., Vitalcare of Texas, Inc., White's Medical Rentals, Inc., Wichita Medical Care, Inc. and Zeta Home Health Care, Inc. The debtor listed its assets in the range of $100 million to $500 million and liabilities in the range of $500 million to $1 billion. The largest unsecured creditors include ResMed Inc., Philips Holding USA Inc., Invacare Corporation, Sunovion Pharmaceuticals Inc., AllianceOne, Inc., Mckesson Medical-Surgical Minnesota Inc., Healthcare & Diagnostic Solutions, Inc., United Parcel Service, Inc., Attentus Medical Sales, Inc. and Universal Checks & Forms Inc. James L. Patton, Joseph M. Barry and Robert S. Brady of Young, Conaway, Stargatt & Taylor and Martin J. Bienenstock of Proskauer Rose LLP are appointed as legal counsel to the debtor. Todd W. Wuertz of Epiq Bankruptcy Solutions, LLC is appointed as claims and noticing agent to the debtor for the retainer of $25000 and hourly rate of $185. Mark Shapiro of Barclays Capital Inc. is appointed as financial advisor to the debtor. Randall S. Eisenberg of AlixPartners, LLP as restructuring advisor to the debtor for fees of $821807 and hourly rate of $1010. KPMG LLP acted as accountant for the debtor. Foley & Lardner LLP acted as legal advisor of debtor. Grant Thornton LLP acted as financial advisor for the official committee of unsecured creditors and charged at an hourly rate of $695 per hour. Baker & McKenzie LLP and Otterbourg, Steindler, Houston & Rosen, P.C acted as le
Read More

United Parcel Service, Inc. (NYSE:UPS) acquired remaining 49% interests in UPS-Vietnam Joint Stock Company from Vietnam Posts and Telecommunications Group on March 19, 2013.

The Board of Directors of United Parcel Service, Inc. (NYSE:UPS) authorized a share repurchase program on February 14, 2013. Under the program, United Parcel Service will repurchase up to $10 billion worth of its shares. The plan reflects confidence in the company's capital efficiency. The share repurchase program has no expiration date.

Sponsored Financial Commentaries

To contact UNITED PARCEL SERVICE-CL B, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.