Spot-Fixing Scandal
Scandal engulfs Indian cricket; web of players, bookies faces scrutiny
Cricket, the "gentleman's game", has been hit by a series of gambling-related scandals in international matches in recent years. But S.Sreesanth's case is the first time allegations of "fixing" in the IPL are being heard in a court of law, despite a huge, illegal betting industry that has grown up around the tournament. Full Article
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UPDATE 1-Private-equity owned NuCO2 withdraws IPO
July 17 |
July 17 (Reuters) - Beverage carbonation company NuCo2 Inc shelved its initial public offering, more than two years after it first filed to list its stock.
NuCo2 had filed for an IPO of up to $200 million in 2010 and said it would list on the New York Stock Exchange under the symbol 'NUCO.' []
The company, which provides the carbon dioxide that is added to fountain soda and draught beer, was bought out in 2008 by private equity firm Aurora Capital in a $487 million deal. []
NuCo2 did not state a reason for withdrawing the IPO in its filing with the U.S. Securities and Exchange Commission.
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