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Delaware Supreme Court Upholds Tesla's 2016 Acquisition of SolarCity Under Entire Fairness Test

JD Supra: Mergers

On June 6, 2023, in a unanimous decision written by Justice Karen L. Valihura, the Delaware Supreme Court affirmed the Court of Chancery’s April 27, 2022, opinion in In re Tesla Motors, Inc. Stockholder Litigation. By: McGuireWoods LLP

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Supreme Court Affirms Decision That the SolarCity Acquisition was Entirely Fair

JD Supra: Mergers

The Delaware Supreme Court recently affirmed the Delaware Court of Chancery’s 2022 post-trial decision that Tesla’s 2016 all-stock acquisition of SolarCity Corp. satisfied the entire fairness standard of review, and thus did not involve breaches of fiduciary duty. See In re Tesla Motors Stockholders’ Litigation, A.3d 6, 2023).

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Addressing Workforce Shortages in Sign Manufacturing Through Strategic Acquisitions

Sun Acquisitions

Sun Acquisitions and its sign manufacturing clients know very well the sign manufacturing industry is facing significant challenges due to workforce shortages. To address this issue, many sign manufacturing companies are turning to strategic acquisitions as a viable solution. Finding and retaining skilled labor is difficult.

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Reconciled CEO Michael Ly Shares Lessons Learned from Acquiring Accounting Firms

How2Exit

With a background in accounting and finance, Michael has built his company through mergers and acquisitions, gaining valuable experience in the process. rn Summary: Michael Ly, CEO of Reconciled, shares his journey in the accounting industry and how he built his company through mergers and acquisitions.

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Delaware Court of Chancery Awards Upwards of US$400 Million in Damages for Aiding and Abetting Claim Against Acquiror

JD Supra: Mergers

The Delaware Court of Chancery penned the latest chapter, on June 30, 2023, in a long-running dispute concerning TC Energy Corporation’s (“TransCanada”) July 2016 acquisition of Columbia Pipeline Group (“Columbia”), holding TransCanada liable for aiding and abetting breaches of fiduciary duty in Columbia’s sale process, and imposing damages upwards (..)

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Roblox acquires voice moderation startup Speechly

TechCrunch: M&A

The Helsinki, Finland-based startup Speechly was founded in 2016 with the […]

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Logitech buys editing console maker Loupedeck

TechCrunch: M&A

This acquisition augments Logitech’s product portfolio today and accelerates our software ambitions of enabling keyboards, mice and more to become smarter and contextually aware, creating a better experience for audiences across Logitech.” Loupedeck was founded in 2016 by former Nokia/Microsoft employees (hence Helsinki).

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