Small caps news round-up – DIGITALLOOK

4D Pharma announced a major acquisition on Friday, gobbling up the production assets of Spanish-based contract research organisation Biomar. The AIM-traded pharmaceutical company, which focuses on the development of live biotherapeutics, said Biomar had been working as an outsourced development partner since 2014. Plant Health Care reported on a year of growth on Friday, with…

State aid: Commission opens in-depth investigation into support for Romanian petrochemical company Oltchim – New Europe

Author: European Commission. The following press release was issued by the European Commission on April 8, 2016 11:45 am. Commissioner Margrethe Vestager, in charge of competition policy, stated: Following the economic difficulties of Oltchim and the cancellation of public debts owed by the company, we need to verify whether a private creditor would have…

Feds: Couple spent $1.5M from Lehigh U. frats on flashy clothes, cruise – Philly.com

A Quakertown couple fleeced Lehigh University fraternities and sororities and their alumni associations out of nearly $1.5 million meant to pay for upkeep and food services at their Greek houses, federal prosecutors said Thursday. Instead, Albert and Betty Fisher drew large salaries from the funds the groups paid into their company, Bethlehem-based Fraternity Management Association,…