Panorama Capital Names Michael Jung Partner (Business Wire) and Mack-Cali Announces Tender Offer for Any and All of Its 7.25% Senior Unsecured Notes Due March 15, 2009 (Business Wire)

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City of Industry, CA --(www.USEquityNews.com)-- 11/08/2008 - Venture Capital industry alert provided by U.S. Equity News. MENLO PARK, Calif.--(BUSINESS WIRE)--Panorama Capital, a Silicon Valley-based technology and life sciences venture capital firm, today announced the promotion of Michael Jung to partner. Jung was previously a principal with the firm and currently
serves on the boards of directors of Axiom, World Golf Tour, Shopflick and Zilliant. He is a board observer at Federated Media. As partner, Jung will continue to focus on Internet, media and services investing.


"This promotion speaks to Mike's truly outstanding contributions both to the firm and to the companies and entrepreneurs with whom he works. Panorama Capital has grown considerably in recent years, and Mike's promotion underscores the depth of talent within our organization,"said Chris Albinson, managing director at Panorama. [Read the full article]

EDISON, N.J.--(BUSINESS WIRE)--Mack-Cali Realty Corporation (NYSE: CLI) today announced that its operating partnership, Mack-Cali Realty, L.P. (the "Operating Partnership"), has commenced a cash tender offer (the "Tender Offer") for any and all of the $300 million principal amount of its 7.25% Senior Unsecured Notes due March 15, 2009 (the "Notes"). The consideration payable for the Notes is $1,000 per $1,000 principal amount of Notes, plus accrued and unpaid interest to, but not including, the payment date for the Notes purchased in the Tender Offer, which is expected to be the second business day following the Expiration Time (as defined below). [Read the full article]

ELKRIDGE, Md.--(BUSINESS WIRE)--GP Strategies Corporation (NYSE: GPX), the parent company of global performance improvement solutions provider General Physics Corporation (GP), today announced that GP and Wachovia Bank, N.A.
entered into a Second Amended and Restated Financing and Security Agreement which extends GPâ€(TM)s credit facility through October 31, 2010 and increases the maximum principal amount that can be borrowed from $25 million to $35 million. The interest rate on the facility is LIBOR plus a range of 1.0% to 2.25% depending on GP's financial performance. The amended credit facility continues to be secured by assets of GP and guaranteed by GP Strategies Corporation. [Read the full article]

BOSTON, Nov. 6 /PRNewswire/ -- The EntreTech Forum's November 20th panel of the region's young, dynamic digital media company founders and CEOs will discuss a wide range of topics relating to their personal careers, their experiences running their companies, where they get their best ideas, and the future of the digital media industry in Boston. The panelists are backed by some of the leading firms in the venture capital industry and are all on aggressive growth paths.

Thursday, November 20, 2008, 6:30 - 9:30 p.m.

Northeastern University
Room 440 - Egan Research Center
120 Forsyth St. [Read the full article]

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