Clearlake Capital Group has acquired approximately 89% of the outstanding shares of online fashion retailer Bluefly Inc. (Nasdfaq: BFLY) from principal shareholders like Rho Capital Partners, Soros Fund Management, Prentice Capital Management and Maverick Capital. It also has agreed to acquire the remaining shares via a short form merger at $0.10 per share. http://www.bluefly.com
Panasonic (Tokyo: 6752) is in talks to raise upwards of $1 billion by selling an undisclosed stake in its healthcare unit, according MORE
