Business

After a failed bid in 2012, Bats Global Markets Inc. has witnessed success in its second phase IPO posting, a 21% increase in share price compared to IPO value. The success seems to be an encouraging effort for the other enterprises planning to go public.

Sam Brownback trimmed personal income taxes in 2011, when he became the governor of Kansas, on the vow that tax cuts would fuel recruitment as well as business expansion. Lawmakers in Kansas are more anxious regarding the approval of additional cuts during an election year.

YP Holdings is preparing for an initial round proposal to merge with the U.S.-based search engine firm, Yahoo. The advertising firm that is managed by Cerberus Capital Management is worth between $1 billion and $1.5 billion.