JD Supra: Mergers

FEBRUARY 14, 2024

billion maximum value and USD2.6bn grant date fair value to Tesla CEO Elon Musk (the “2018 Grant”). Chancellor Kathleen McCormick of the Delaware Court of Chancery grappled with this question in a recent derivative lawsuit challenging Tesla’s performance-based equity award with a potential USD55.8 By: Allen & Overy LLP

Equities 183

Equities 183

JD Supra: Mergers

FEBRUARY 2, 2024

The report looks at enforcement from 2018 - 2022 and is a follow-up of the previous report which covered 2009 - 2017. By: Hogan Lovells

Pharmaceutical 192

Pharmaceutical 192

JD Supra: Mergers

FEBRUARY 8, 2024

883 (2018), that a debtor may itself qualify as a "financial institution" covered by the safe harbor by retaining a bank or trust company as an agent to handle payments, By: Jones Day Supreme Court suggested (but did not hold) in Merit Mgmt. FTI Consulting, Inc.,

Securities 205

Securities Financial Institution Consulting Banking 205

Global Banking & Finance

DECEMBER 17, 2024

million) on Tuesday for a 2018 Facebook security breach that affected 29 million users. DUBLIN (Reuters) -The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5

Media 52

Media Securities Finance Finance 52

Global Banking & Finance

DECEMBER 17, 2024

million) on Tuesday for a 2018 Facebook security breach that affected 29 million users. DUBLIN (Reuters) -The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5

Media 52

Media Securities 52

JD Supra: Mergers

JULY 29, 2024

First promulgated on December 29, 1993, the PRC Company Law has undergone two substantial updates during its 30 years of development, the previous one undertaken in October 2005, and four less substantial amendments, the latest of which was in 2018. By: Morrison & Foerster LLP

IT 183

IT 183

JD Supra: Mergers

FEBRUARY 5, 2024

Key takeaways are that: EU and Member State authorities imposed multiple material antitrust fines from 2018-2022, totalling approx. The European Commission (EC) has published its latest report on competition enforcement in medicines and medical products. EUR780 million. By: Allen & Overy LLP

Pharmaceutical 171

Pharmaceutical Medical IT 171

JD Supra: Mergers

MAY 5, 2024

From 2017 to 2018, SCG “caused” U.S. If you need to find an example of this long reach, look no further than OFAC’s recent settlement with SCG Plastics (“SCG”), in which SCG, a Thailand company, which sells plastic resins, agreed to pay $20 million for violations of the Iran Sanctions Program. financial institutions to process $291.

Financial Institution 201

Financial Institution 201

TechCrunch: M&A

JULY 18, 2023

That product is currently a part of the Corsair portfolio after it acquired the Elgato brand in 2018. The umbrella includes microphones like Yeti, formerly produced by Blue, which it acquired in 2018. Details of the transaction have not been disclosed, but the deal comes as Logitech looks to expand its appeal to creative pros.

Portfolio 239

Portfolio Acquisitions Manufacturing IT 239

JD Supra: Mergers

JULY 10, 2024

2018-0075-SG (Del. Cephalon, Inc., 30, 2024) - Stockholder representatives of an acquired corporation brought claims alleging that defendants had failed to use contractually-required commercially reasonable efforts to commercialize an acquired drug asset for a particular use. By: Morris James LLP

Pharmaceutical 165

Pharmaceutical Mergers Corporation 165

JD Supra: Mergers

FEBRUARY 16, 2024

trillion of M&A deals were announced last year—a ten-year low in aggregate annual value terms—while deal volume, with 36,640 announcements, sank to its lowest annual figure since 2018, when the figure stood at 34,130. Nearly US$3.2 By: White & Case LLP

M&A 177

M&A Finance Finance IT 177

JD Supra: Mergers

JUNE 24, 2024

Volume, meanwhile, sank to its lowest annual figure since 2018, with a total of 36,640 deals announced. Dealmakers are learning to navigate a stricter regulatory environment as UK and EU authorities take an increasingly interventionist stance Global dealmaking experienced a slowdown in 2023 as the market battled headwinds on several fronts.

IT 177

IT 177

JD Supra: Mergers

JUNE 24, 2024

The Department of Defense assessed an average of about 40 defense-related mergers and acquisitions each year from 2018 to 2022, a small portion of the roughly 400 defense mergers estimated to occur annually, according to a report from the Government Accountability Office (GAO). By: Goodwin

Mergers 159

Mergers Mergers and Acquisitions Accountant Government 159

JD Supra: Mergers

AUGUST 16, 2024

2018-0484-JTL (Del. In re Columbia Pipeline Grp. Merger Litig., May 15, 2024) - In this post-trial decision, the Court addressed an acquirer’s responsibility for damages suffered by a stockholder class when the acquirer had been found liable for aiding and abetting breaches of fiduciary duties by certain of the target’s officers.

Mergers 165

Mergers 165

JD Supra: Mergers

JUNE 4, 2023

Over an eight-year period ending in 2018, Murad, a U.S. cosmetics company, illegally exported goods and services to Iran in 62 separate transactions worth approximately $11 million. Murad was acquired by Unilever United States (“Unilever”) in 2015. Once discovered, Unilever voluntarily disclosed the conduct to OFAC.

IT 192

IT 192

JD Supra: Mergers

JUNE 28, 2024

2018-0484-JTL, the Delaware Court of Chancery allocated liability among two sell-side officers and a third-party acquirer under the Delaware Uniform Contribution Among Tortfeasors Act (DUCATA). In In re Columbia Pipeline Group, Inc. Merger Litigation, C.A.

Mergers 177

Mergers IT 177

JD Supra: Mergers

AUGUST 16, 2024

For the past several years, CFIUS’s webpage only included two enforcement actions, one from 2018 and another in 2019. Among other updates, the webpage provides information about six CFIUS penalty actions from 2023 and 2024. By: Torres Trade Law, PLLC

Trading 165

Trading Investment 165

JD Supra: Mergers

SEPTEMBER 19, 2024

Barclays tracked 147 activist campaigns globally in the H1 2024, surpassing the previous record of 143 set in the same period of 2018. Japan reported 38 campaigns, almost triple the 14 seen in. By: White & Case LLP

Investors 171

Investors 171

JD Supra: Mergers

FEBRUARY 6, 2024

Specialty Networks, founded in 2018 and based in Cleveland, is an integrated, multi-specialty organization with group purchasing organizations, life sciences and research solutions in urology, gastroenterology and rheumatology. Linden Capital Partners has announced it will sell Specialty Networks to Cardinal Health for $1.2 billion in cash.

Private Equity 152

Private Equity Healthcare Equities Capital 152

Deal Lawyers

MAY 24, 2023

This Sidley memo reviews all announced public transactions from January 1, 2018 through April 30, 2023 that included CVRs as part of the considerations, and identifies the key […]

Valuation 160

Valuation 160

CNBC: Investing

JANUARY 31, 2024

The 10-year yield has been leading the Fed since 2018

104

104

Deal Lawyers

JUNE 29, 2023

Late last month, John blogged about a recent Sidley memo that reviewed all announced public transactions from January 1, 2018 through April 30, 2023 that included CVRs as part of the consideration and identified the key components of CVRs and trends in their terms.

140

140

The New York Times: Banking

JANUARY 12, 2024

Federal prosecutors found at least one employee at the Wall Street firm had committed deceptive practices in handling trades of large blocks of stock from 2018 to 2021.

Trading 108

Trading Stock Financial Institution Securities 108

Deal Lawyers

NOVEMBER 15, 2023

mergers from 2018 to 2022 focused on the use of special synergy awards. Here’s my recent post on The Advisors’ Blog on CompensationStandards.com regarding M&A synergy awards: WTW’s Global Executive Compensation Analysis Team recently conducted a study of the 100 largest U.S.

M&A 124

M&A Mergers 124

The TRADE

MARCH 8, 2024

Leithner will take over the position from Theodor Weimer who has held the CEO job since 2018. Leithner has been a member of the executive board of Deutsche Börse AG since 2018, responsible for pre- & post-trading. Weimer took over the CEO role in 2018, moving over from his CEO position at HypoVereinsbank UniCredit Bank.

Investment Manager 111

Investment Manager Capital Market Trading Capital 111

JD Supra: Mergers

JULY 28, 2023

Although deal activity through the year appears slightly below the high-water marks for the corresponding period of 2022, deal activity is generally up from the first quarter of 2023, and reported volumes are nearly twice the levels seen in 2018 and 2020.

Healthcare 130

Healthcare M&A 130

Global Banking & Finance

NOVEMBER 1, 2024

LONDON (Reuters) – The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of weekly losses in nearly six years, as political and monetary uncertainty has prompted investors to favour the dollar lately.

Finance 52

Finance Finance Investors IT 52

Deal Lawyers

MAY 3, 2024

This year, SRS Acquiom analyzed more than 2,100 private-target acquisitions that closed from 2018 through 2023. SRS Acquiom recently released its annual M&A Deal Terms Study for 2024 (available for download). Here are some of the key findings summarized in the introduction: – Strategic buyers (both U.S.

M&A 100

M&A Acquisitions IT 100

Deal Lawyers

JANUARY 11, 2024

Since 2018, John has addressed the debt default activism phenomenon on this blog and discussed related considerations, including contractual provisions designed to thwart default activists.

Debt 100

Debt Private Equity Equities 100

PE Hub

JANUARY 4, 2024

Thomas joined the firm in 2018 and Grace came on board in 2017. The post Behrman Capital promotes Thomas to partner and Grace to principal appeared first on PE Hub.

Capital 85

Capital 85

PE Hub

JANUARY 18, 2024

Clearlake acquired Janus in February 2018 in partnership with the founding management team. The post Clearlake exits building solutions firm Janus International Group appeared first on PE Hub.

Management 84

Management 84

PE Hub

JANUARY 24, 2024

Praesidian made an initial investment in Autobahn in 2018. The post Praesidian exits indoor karting company Autobahn appeared first on PE Hub.

Investment 81

Investment 81

PE Hub

FEBRUARY 29, 2024

In October 2018, Millpond acquired a controlling interest in TouchMath. The post Leeds Equity snaps up TouchPath from Millpond appeared first on PE Hub.

Equities 81

Equities 81

PE Hub

JANUARY 30, 2024

Hurst joined LMP in 2016 and Adelman came on board in 2018. The post LMP promotes Hurst to principal and Adelman to operations VP appeared first on PE Hub.

82

82

TechCrunch: M&A

JULY 17, 2023

Corsair purchased Elgato’s gaming division back in 2018 and continues to release products with that branding. We are also excited to be able to offer specialized Corsair and Elgato products to the enthusiast community that Drop is engaged with.” Being a part of Corsair will help our team deliver more of what you love.

Portfolio 241

Portfolio IT Mergers and Acquisitions Acquisitions 241

The TRADE

JANUARY 9, 2024

Elsewhere in her career, Jacobs served as a summer intern at Liquidnet in 2018, before eventually joining the firm in a full-time role in 2019. Jacobs has spent the last five years at Liquidnet, most recently serving as an equity trader – a role she held for the last three and a half years.

Trading 113

Trading Media M&A Equities 113