Shearman & Sterling

FEBRUARY 14, 2017

On February 9, 2017, the Supreme Court of the State of Delaware affirmed the dismissal of a breach of fiduciary duty action brought by former shareholders of Volcano Corporation in connection with the acquisition of Volcano in a two-step all-cash tender offer and merger pursuant to Delaware General Corporation Law Section 251(h).

Mergers 52

Mergers Mergers and Acquisitions Shares Business 52

Sun Acquisitions

AUGUST 8, 2024

In the ever-evolving business landscape, mergers and acquisitions (M&A) are pivotal strategies for growth and expansion. Disney’s Acquisition of Pixar (2006): In 2006, Disney’s acquisition of Pixar Animation Studios sent shockwaves through the entertainment industry.

M&A 59

M&A Mergers and Acquisitions Acquisitions Business 59

TechCrunch: M&A

JULY 18, 2023

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).

Portfolio 229

Portfolio Acquisitions Manufacturing IT 229

Devensoft

JUNE 1, 2023

Acquisition is a strategy that many businesses use to expand their reach and increase their market share. However, not all acquisitions are created equal. In this review, we will take a closer look at 11 powerful acquisitions that have taken place over the past decade. Here are some of the dos of successful acquisitions: 1.

Acquisitions 52

Acquisitions Mergers and Acquisitions M&A Media 52

Shearman & Sterling

JULY 18, 2017

2016), the Court held the merger was "cleanse[d]" because "the disinterested stockholders of Diamond were fully informed and uncoerced when they overwhelmingly accepted the tender offer." § 251(h). Berkman, C.A. 12844-VCMR (Del. July 13, 2017). July 13, 2017). Relying on Corwin v. 3d 304 (Del. 3d 727 (Del.

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Mergers Mergers and Acquisitions Corporation Acquisitions 40

Devensoft

JUNE 20, 2023

Corporate development through mergers and acquisitions (M&A) is an increasingly popular strategy for companies seeking to drive innovation and growth opportunities. Strategic corporate development involves a systematic and disciplined approach to M&A, starting from identifying potential targets to post-merger integration.

M&A 52

M&A Corporation Mergers and Acquisitions Mergers 52

Shearman & Sterling

FEBRUARY 14, 2017

On February 9, 2017, the Supreme Court of the State of Delaware affirmed the dismissal of a breach of fiduciary duty action brought by former shareholders of Volcano Corporation in connection with the acquisition of Volcano in a two-step all-cash tender offer and merger pursuant to Delaware General Corporation Law Section 251(h).

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Mergers Mergers and Acquisitions Shares Business 40

InvestmentBank.com

AUGUST 14, 2019

For instance, there was an increase in the teaching of online courses from 30% in 2016 to 42% in 2017. Students in the National Assessment of Educational Progress (NAEP) also demonstrated an enhancement in higher-order thinking and the ability to solve mathematical problems, regardless of the classroom size [3].

Education 52

Education Mergers and Acquisitions Capital Investment 52

Shearman & Sterling

OCTOBER 3, 2016

On September 28, 2016, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed a shareholder challenge to the acquisition of Millennial Media, Inc. ("Millennial") by AOL Inc. ("AOL"). Barrett, C.A. 11511-VCG (Del.

Media 52

Media Mergers Acquisitions 52

The New York Times: Mergers, Acquisitions and Dive

SEPTEMBER 12, 2023

Softbank’s chief executive, Masayoshi Son, believes the chip design company he bought in 2016 is poised to reap the fruits of the A.I. revolution.

Initial Public Offering 87

Initial Public Offering Mergers and Acquisitions Stock Corporation 87

Sun Acquisitions

AUGUST 2, 2024

Mergers and acquisitions (M&A) have become a strategic tool for food distributors to achieve this diversification rapidly and efficiently. Brand Alignment The success of an acquisition often hinges on brand alignment. This ensures a cohesive brand image and facilitates smoother integration of product lines.

Food 52

Food M&A Mergers and Acquisitions Portfolio 52

Shearman & Sterling

OCTOBER 3, 2016

On September 28, 2016, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed a shareholder challenge to the acquisition of Millennial Media, Inc. ("Millennial") by AOL Inc. ("AOL"). Barrett, C.A. 11511-VCG (Del.

Media 40

Media Mergers Acquisitions 40

Benchmark International

OCTOBER 3, 2023

Benchmark International is pleased to announce the acquisition of Coventry-based LEVL by Canadian-based Banyan. LEVL, established in 2016 by Jan O’Hara and Andrew Pearce, is a key Geotab reseller in the UK and for electric vehicles (EVs) across Europe.

Private Equity 59

Private Equity Consulting Equities Acquisitions 59

Wizenius

APRIL 27, 2023

One specific area where these laws are frequently applied is in the context of merger and acquisition transactions. To prevent this from happening, governments often have laws in place that regulate mergers and acquisitions to ensure that they do not create or enhance a monopoly or otherwise harm competition.

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Mergers and Acquisitions Pharmaceutical Retail Acquisitions 52

The Guardian: Mergers & Acquisitions

SEPTEMBER 14, 2023

The company, owned privately by Japanese investor SoftBank since 2016, priced its shares at $51 each and sold 95.5m shares, raising $4.87bn for Softbank. Continue reading.

IPO 69

IPO Initial Public Offering Shares Valuation 69

Shearman & Sterling

JULY 25, 2016

On July 15, 2016, Judge Naomi Buchwald of the United States District Court for the Southern District of New York granted partial summary judgment to defendant Cowen & Company, LLC ("Cowen") on successor liability claims brought by Energy Intelligence Group, Inc. July 15, 2016). Energy Intelligence Grp., Cowen & Co.,

Mergers and Acquisitions 52

Mergers and Acquisitions Acquisitions Mergers 52

TechCrunch: M&A

JUNE 13, 2023

While Abe Yousef, Senior Insights Analyst didn’t specify exact figures, he said Monthly Active Users in May 2023 have fallen by 80% as compared to May 2016. Hence its rebranding to Sincere.

IT 184

IT Acquisitions Funds Corporation 184

Devensoft

JUNE 19, 2023

Mergers and acquisitions (M&A) constitute intricate and frequently risky transactions with significant implications for stakeholders. Dell and EMC In 2016, Dell acquired EMC , a global leader in data storage, for $67 billion. This can help to ensure that the rationalization process is completed on time and within budget.

M&A 52

M&A Mergers and Acquisitions Mergers Management 52

InvestmentBank.com

OCTOBER 24, 2019

In fact, acquisitions by hospitals and private equity in provider services broke records last year according to Bain & Co’s 2019 global healthcare report. California has also been a hotbed of consolidation as the number of physicians in practices owned by hospitals has increased from 25% in 2010 to more than 40% in 2016 [24].

Hospitality 40

Hospitality Private Equity Acquisitions Equities 40

Shearman & Sterling

OCTOBER 3, 2017

On September 28, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder class claims for breach of fiduciary duty brought against the former directors of The Fresh Market ("TFM") after its acquisition in a two-step merger by affiliates of Apollo Global Management, LLC ("Apollo").

Mergers and Acquisitions 52

Mergers and Acquisitions Mergers Acquisitions Management 52

Shearman & Sterling

JULY 25, 2016

On July 15, 2016, Judge Naomi Buchwald of the United States District Court for the Southern District of New York granted partial summary judgment to defendant Cowen & Company, LLC ("Cowen") on successor liability claims brought by Energy Intelligence Group, Inc. July 15, 2016). Energy Intelligence Grp., Cowen & Co.,

Mergers and Acquisitions 40

Mergers and Acquisitions Acquisitions Mergers 40

Shearman & Sterling

OCTOBER 3, 2017

On September 28, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery dismissed stockholder class claims for breach of fiduciary duty brought against the former directors of The Fresh Market ("TFM") after its acquisition in a two-step merger by affiliates of Apollo Global Management, LLC ("Apollo").

Mergers and Acquisitions 40

Mergers and Acquisitions Mergers Acquisitions Management 40

Shearman & Sterling

FEBRUARY 21, 2018

On February 8, 2018, Justice Shirley Werner Kornreich of the New York Supreme Court denied a motion for final approval of a disclosure-only settlement in a class action suit brought by shareholders of Martin Marietta Materials, Inc. ("MMM") regarding its acquisition of Texas Industries, Inc. ("TXI"). City Trading Fund v.

Mergers and Acquisitions 52

Mergers and Acquisitions Funds Trading Mergers 52

Peak Frameworks

SEPTEMBER 12, 2023

For instance, consider Tesla's acquisition of SolarCity in 2016. Remember the tumultuous acquisition attempt of Unilever by Kraft Heinz in 2017? Commitment: Clients showcase their seriousness about availing of services. Resource Allocation: Firms can better manage time and manpower when they’re assured of payment.

Finance 52

Finance Finance Mergers and Acquisitions Private Equity 52

Focus Investment Banking

SEPTEMBER 10, 2024

Some deals have involved PEG-backed strategics, where private equity firms support strategic buyers in acquisitions, which are referred to below as Hybrid. Froneri’s origins date back to PAI’s acquisition of a large private label ice cream manufacturer, R&R. Who Are The Buyers in Dairy Products M&A?

Food 52

Food Private Equity Business Sale 52

Benchmark International

APRIL 12, 2023

A challenging economic environment has cast uncertainty on the sector, but in a report by Irwin Mitchell that examined deal information from Experian’s Market IQ database, it revealed that 1,344 UK manufacturing businesses were the target of M&A activity in 2022, in comparison to 1,285 in 2021 and 1,231 in 2020, its highest level since 2016.

Manufacturing 52

Manufacturing M&A Economics Investors 52

Cooley M&A

OCTOBER 29, 2018

M&A practitioners have long advised boards of directors that the Delaware courts have never found that the events or circumstances in a particular transaction met the contractual standard of having a material adverse effect (or MAE) as defined in a merger or acquisition agreement. The Merger Agreement. 2018-0300-JTL (Del.

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Mergers and Acquisitions Mergers Business Pharmaceutical 52

Cooley M&A

FEBRUARY 8, 2018

No longer just “acquihires,” today’s innovation-driven acquisition is focused on talent retention. One familiar technique used by sophisticated tech buyers is a holdback structure that subjects a portion of key employees’ merger consideration to revesting. The typical revesting period for these arrangements is 24 to 36 months.

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M&A Mergers and Acquisitions Mergers Negotiation 52

Cooley M&A

JULY 20, 2023

The mergers & acquisitions market may wax and wane, but one thing in M&A is consistent from year to year: The Delaware courts issue opinions that impact M&A dealmaking. 6/23) follows in Mindbody ’s footsteps by finding a buyer in a merger transaction liable for aiding and abetting breaches of fiduciary duties.

M&A 52

M&A Mergers and Acquisitions Sale Mergers 52

Shearman & Sterling

FEBRUARY 21, 2018

On February 8, 2018, Justice Shirley Werner Kornreich of the New York Supreme Court denied a motion for final approval of a disclosure-only settlement in a class action suit brought by shareholders of Martin Marietta Materials, Inc. ("MMM") regarding its acquisition of Texas Industries, Inc. ("TXI"). City Trading Fund v.

Mergers and Acquisitions 40

Mergers and Acquisitions Funds Trading Mergers 40

The Deal

FEBRUARY 1, 2024

GS) in 2011 but returned to Weil in 2016. After starting at Weil as a private equity associate in 2005, Machera went in-house as a private equity lawyer at Goldman Sachs Group Inc. (GS) He ended up doing work for people he met while he was at Goldman. “My My clients, by and large, are my friends,” Machera said.

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Private Equity Equities Acquisitions Mergers 64

Peak Frameworks

SEPTEMBER 19, 2023

The oil price drop in 2015-2016, for example, forced many firms to adjust their budgets to the new market reality. This means budgeting not only for acquisition costs but also for future operational expenses, expansion plans, and potential exit strategies. Periodic Review and Adjustment: Budgets aren't static.

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Private Equity Investment Banking Corporate Finance Mergers and Acquisitions 52

The Deal

JUNE 22, 2023

billion in 2016. Lam has done several other deals for Nasdaq, including its purchases of Solovis Inc. for an undisclosed sum in 2020; of eVestment for $705 million in 2017; and of International Securities Exchange Holdings Inc. from Deutsche Borse AG for $1.1 Thoma and Adenza tapped Peter Stach, Corey D. Fox, Bradley C. Reed and Michael P.

Private Equity 98

Private Equity S&P Equities Finance 98

The Deal

AUGUST 10, 2023

billion in 2016 , a deal that would be very difficult to pull off today, he said. (GE) on a $3.3 billion agreement to sell its appliances unit to Electrolux AB, a deal that fell apart for antitrust reasons. GE ended up selling the division to Haier Group Co.

Private Equity 52

Private Equity M&A Equities IT 52

The Deal

APRIL 28, 2023

in 2016, and Firewalk was formed in 2018 to build sustainable game teams focusing on original AAA games — meaning large-budget titles produced by a major publisher. -based video games console developer Sony Interactive acquired Bungie Inc. The Deal then called Bellevue, Wash.-based based ProbablyMonters a potential M&A target.

Entertainment 52

Entertainment M&A Collaboration IT 52

Cooley M&A

JANUARY 25, 2023

But it wasn’t all carve outs and concerned investors – even with the headwinds in the industry and beyond, there were still several traditional public M&A deals involving biotechnology or medical device companies, as large pharmaceutical companies continued to have cash to deploy for acquisitions.

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M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

Transactional Delights

JANUARY 15, 2021

The Deal The Merger Agreement does not require a special meeting for shareholders to vote on. Prior to negotiations with the buyers, in 2016 CLCT contacted over 100 potential acquirers as part of its review of strategic alternatives [3]. 5] The merger agreement’s termination date is April 30. [6] I’m not going to write a novel.

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