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Summary
Proceeds from the funding will be used to expand the Companys online grocery service into new markets in Canada and the United States and launch a national advertising campaign. As part of the agreement, the partnership gives the leading Spanish-language broadcaster an equity stake in Espanol.com, and provides the Latin online superstore certain exclusive promotional and programming opportunities on the network. Espanol.com also received funds from Grupo Ferre Rangel, publishers of Puerto Ricos largest daily El Nuevo Dia, during their fist round of financing. VANCOUVER, British Columbia -- Investment.com (CDNX: GIV) completed an agreement with George Ognibeni and Linda Lowe -- pending approval of the Canadian Venture Exchange -- to acquire an 80 percent controlling stake in Investment.co.uk Limited and its associated website for a combination of cash and stock. SACRAMENTO, Calif.-- The California Public Employees Retirement System is forming a long-term strategic partnership with San Francisco-based Thomas Weisel Partners to make investments in the growing internet, technology and communication industries of the U.S. economy.
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