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Market Rumors: Uber, Vale, Medtronic

By Chelsea Naso ( December 2, 2014, 5:47 PM EST) -- Uber, a mobile app that allows passengers to hire paid drivers, has tapped Goldman Sachs & Co. to help raise money from the bank's high-net-worth clients, Fortune reported. Goldman Sachs plans to offer its wealthy personal clients several hundred million dollars of convertible debt in the start-up, even though Uber has no official plans for an initial public offering, the Financial Review reported Tuesday. It is still unclear what potential investors will be told about potential liquidation options, the report said....

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