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Delaware Supreme Court Overrules Gentile Carve-out, Holding An Improper Transfer Of Economic Value And Voting Power To A Controlling Stockholder Through An Equity Overpayment Is A Derivative Claim

Shearman & Sterling

As we discussed in our prior post, plaintiffs alleged that a private placement of stock to the Company's controlling stockholder at a price that undervalued the shares diluted the financial and voting interest of the minority stockholders. 2004), and expressly overruled Gentile and its carve-out from Tooley. 2d 1031 (Del.

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Virtualware Acquires Sweden's Simumatik to Strengthen Position in the Real-Time 3D Enterprise Software Industry

Global Newswire by Notified: M&A

As per the terms of the transaction, Virtualware will make a cash payment of around 450,000 euros in exchange for the Swedish company, plus a share payment of 110,000 shares of Virtualware at a market price of 8.40 The company's current market capitalization exceeds 38 million euros, and its share price currently stands at 8.40

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Redburn Atlantic expands UK and European execution business with new heads of sales trading

The TRADE

Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management. Redburn Atlantic has moved to expand its UK and European execution business with two new heads of sales trading, The TRADE can reveal.

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Founder’s Five: Alan Forbes, F.I.R.S.T. Institute

Tyton Partners

Institute in 2004 in Orlando , Florida , w ith a mission to equip students with the technical knowledge and creative skills needed for successful careers in the digital media and entertainment industries. Institute , which became a licensed institution in 2004. Alan Forbes and Donney Smith founded F.I.R.S.T.

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Delaware Supreme Court Overrules Gentile Carve-out, Holding An Improper Transfer Of Economic Value And Voting Power To A Controlling Stockholder Through An Equity Overpayment Is A Derivative Claim

Shearman & Sterling

As we discussed in our prior post, plaintiffs alleged that a private placement of stock to the Company's controlling stockholder at a price that undervalued the shares diluted the financial and voting interest of the minority stockholders. 2004), and expressly overruled Gentile and its carve-out from Tooley. 2d 1031 (Del.

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People Moves Monday: Redburn Atlantic, LGIM, DWS and more…

The TRADE

Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management. Redburn Atlantic has expanded its UK and European execution business with two new heads of sales trading. Tony Atkins was appointed UK head of sales trading.

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Citi reports double-digit Q2 decline in investment banking and markets revenue

The TRADE

We returned a total of $2 billion in capital to our shareholders through common dividends and share buybacks and we will continue to review our level of capital return on a quarter-to-quarter basis.” According to an internal memo seen by The TRADE, he took over with immediate effect from interim head Leo Arduini.