Business/Finance
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| November 3, 2006
GE Commercial Finance announced the provision of a $60mln senior secured facility to Northland Cable. It will be used to refinance NCP’s existing debt, and to provide for cap ex. — MobiTV announced the 2nd closing of its Series C funding, with an additional $30mln from Adobe Systems and Hearst. Bringing the total round to more than $100mln, the funds will be used to satisfy demand for MobiTV’s mobile and broadband TV and radio services.