Business news for Mon, 17 Dec 2007 & with word partners. 6 news.

Arts Partners announced Monday a grant of $25,000 from the K.T. Wiedemann Foundation to bring arts programming to students in four low-income parochial schools and one Quaker school.

San Francisco private equity firm JH Partners LLC provided the financing for AmeriMark Direct to buy Dr. Leonard's Healthcare Corp.

Bristol-Myers Squibb agreed to sell its medical imaging group to private equity firm Avista Capital Partners for about $525 million.

For David A. Carpenter, life is good. The 45-year-old Chicago native is a top partner at Chicago's Mayer Brown LLP, where top partners earn salaries well into seven figures. He lives in the Gold Coast and heads a team of up to 40 lawyers who handle acquisitions and other complex legal chores for ...

Shares of Memsic, a maker of sensors used to add touch, pedometer, or light-show functions to mobile phones, edged up 20 cents, or 2 percent, to $10.20 in the company’s debut on the Nasdaq Global Market Friday afternoon. The Andover, Massachusetts-based company is backed by Ottawa-based Celtic House Venture Partners and Waltham, Massachusetts-based Still River Funds, [...]

LONDON (MarketWatch) -- Compton Petroleum said it's "puzzled" by a request from a shareholder representing 19.8% of its capital -- Centennial Energy Partners, according to an SEC filing -- to consider strategic alternatives. "The current business environment for Compton and the Canadian natural gas industry at large is challenging to say the least. Our current share price reflects the depressed state of the natural gas industry, particularly in Alberta, resulting from (a) low natural gas prices, (b) the rapid appreciation of the Canadian dollar, (c) the high cost structure of the basin, and (d) regulatory issues including uncertainties relating to the proposed new Crown royalty structure in Alberta," it said. The company said it is bullish on the outlook for natural gas and is confident that its longer-term strategy is sound and achievable.