TechCrunch: M&A

JULY 15, 2024

Wiz, a cybersecurity startup founded in 2020, was approached a few weeks ago by Thomas Kurian, head of Google’s cloud division, the […] © 2024 TechCrunch. Alphabet, Google’s parent company, is in advanced talks to acquire Wiz for $23 billion, a person close to the company told TechCrunch. All rights reserved.

Mergers and Acquisitions 225

Mergers and Acquisitions Securities Acquisitions Mergers 225

CNBC: Investing

NOVEMBER 30, 2023

Keeping diversified and staying the course can pay off.

Portfolio 125

Portfolio IT 125

JD Supra: Mergers

JUNE 20, 2024

The electric vehicle company Canoo went public in a de-SPAC transaction in December 2020. After its stock price fell, a stockholder in the SPAC who chose not to redeem his stock sued the SPAC board and its controller for breaching their fiduciary duties. By: Jones Day

Government 183

Government Stock IT 183

JD Supra: Mergers

AUGUST 6, 2024

million penalty against State Street Bank and Trust Company and its non-bank, fintech subsidiary Charles River Systems for 38 apparent violations of the Ukraine/Russia-Related Sanctions Regulations, which occurred between December 2016 and May 2020. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has released a $7.45

M&A 188

M&A Banking Bank IT 188

TechCrunch: M&A

NOVEMBER 21, 2023

Adevinta had originally acquired eBay’s own classified business back in 2020, leaving eBay with $2.2 eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. billion in cash and 540 million Adevinta shares.

Shares 214

Shares Private Equity IT Sale 214

JD Supra: Mergers

SEPTEMBER 9, 2024

billion changed hands—a 25 percent annual increase and the fourth-highest half-year total since 2020. A total of US$24.1 By: White & Case LLP

Private Equity 183

Private Equity IT Economics Equities 183

JD Supra: Mergers

NOVEMBER 14, 2024

At the end of 2020, the United Kingdom (UK) and the European Union (EU) signed the EU-UK Trade and Cooperation Agreement (TCA), which both parties then ratified in 2021.

Trading 177

Trading 177

JD Supra: Mergers

JUNE 21, 2024

billion of financing in Q1 2024; the highest level of quarterly issuance since Q2 2020, according to S&P Global. Primary investment grade bond issuance surged in Q1 2024 as investors ramped up exposure to high-quality borrowers in a high interest rate environment. In the US, investment grade corporate borrowers secured US$429.7

Investors 177

Investors Debt Investment S&P 177

JD Supra: Mergers

JUNE 4, 2024

In a ruling handed down on May 22, 2024, 1 the Criminal Division of the French Supreme continued the jurisprudential work it had begun in 2020 and extended the transfer of criminal liability from the absorbed company to the absorbing company to all corporate forms, beyond the French sociétés anonymes initially concerned.

Mergers 183

Mergers Corporation IT 183

JD Supra: Mergers

JANUARY 8, 2024

The Corporate Transparency Act of 2020 took effect on January 1, 2024, adding new filing requirements for many companies that may find themselves involved in mergers and acquisitions.

Corporation 177

Corporation Underwriting Mergers and Acquisitions Insurance 177

JD Supra: Mergers

FEBRUARY 2, 2024

Several years ago, Congress passed the Anti-Money Laundering Act of 2020, which became effective law on January 1, 2021 (the “Act”). Included in the Anti-Money Laundering legislation was the Corporate Transparency Act (“CTA”).

Corporation 171

Corporation Finance Finance 171

JD Supra: Mergers

JANUARY 18, 2024

On December 18, 2023, the Department of Justice and the Federal Trade Commission (Agencies) issued the 2023 Merger Guidelines, which replace the Agencies’ 2010 Horizontal Merger Guidelines and the 2020 Vertical Merger Guidelines.

Mergers 171

Mergers Business Trading 171

JD Supra: Mergers

FEBRUARY 27, 2024

Since 2020, a steadily increasing number of middle-market private equity deals have included equity rollovers. ​​​​​​​ Given the current acute challenges in arranging acquisition financing on palatable terms and a continued focus on ensuring alignment between private equity (PE) investors and portfolio company management, the use of rollover equity (..)

Equities 165

Equities Private Equity Middle Market Portfolio 165

JD Supra: Mergers

JANUARY 11, 2024

The 2023 Merger Guidelines modify the draft guidelines released on July 19, 2023, and replace both the 2010 Horizontal Merger Guidelines and the 2020 Vertical Merger Guidelines. The 2023 Merger Guidelines are not themselves legally binding, but provide transparency into. By: Locke Lord LLP

Mergers 171

Mergers Mergers and Acquisitions Trading Utilities 171

The New York Times: Banking

MARCH 19, 2024

Some firms have already moved staff out of the city since the Chinese government took a heavier hand in 2020.

Securities 135

Securities Government Financial Institution Stock 135

JD Supra: Mergers

JULY 12, 2024

23-83.180), the Criminal Division of the Court of Cassation has extended its case law begun in November 2020 by extending to all types of companies the transfer of criminal liability from the absorbed company to the absorbing company in the. In a judgment of 22 May 2024, published in the Bulletin and in the Lettres de Chambre (Crim.

Mergers 177

Mergers IT 177

JD Supra: Mergers

JUNE 12, 2024

M&A dealmakers have been on a wild ride: from the pandemic-fueled rout in 2020 to 2021’s record-breaking recovery to a steep decline in 2023, the global M&A market has offered a masterclass in volatility.

M&A 171

M&A IT 171

JD Supra: Mergers

AUGUST 13, 2024

With M&A activity at the highest level since 2020 and average seller size continuing to trend upward, systems are growing market share and increasing revenue at an unprecedented magnitude. Lately, we have read about mega-scale hospital mergers and acquisitions (M&A) nearly every week. By: Ankura

Healthcare 152

Healthcare Mergers and Acquisitions Hospitality M&A 152

JD Supra: Mergers

DECEMBER 21, 2023

The 788 transactions announced in Q3 represent the lowest quarterly total since the 731 announced in Q2 2020, when the onset of COVID-19 ground. There were 2,927 deals announced across the sectors through the first nine months of the year, down 12.7 percent from the same period last year. By: White & Case LLP

Utilities 192

Utilities M&A 192

JD Supra: Mergers

JULY 12, 2024

After a SPAC frenzy in 2020 which then slowed by 2022, SPACs seem to appear to be popular again; Dunaevsky says these transactions still offer a good alternative to IPOs when conducted correctly, and that she expects a.

Insurance 171

Insurance IPO IT 171

JD Supra: Mergers

AUGUST 8, 2023

From 2020 to 2022, EBITDA became almost as prevalent as revenue metrics for determining earnout payments, according to analysis of the Goodwin Private Equity Deals Database. In 2022, EBITDA was used in 40% of earnouts, up 22% from 2020. By: Goodwin

Private Equity 130

Private Equity Equities 130

JD Supra: Mergers

SEPTEMBER 6, 2024

In October 2020 and 2021, the FCC adopted a pair of Orders to streamline the processing of applications involving “reportable” foreign ownership that are referred to the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector—commonly known as “Team Telecom.”

Telecommunication 165

Telecommunication Trading Securities 165

JD Supra: Mergers

JANUARY 15, 2024

The Guidelines replace the 2010 Horizontal Merger Guidelines and the 2020 Vertical Merger Guidelines, the latter of which had been previously withdrawn. The Guidelines are the latest iteration of a guidance document published by the Agencies since 1968, which has been revised numerous times over the years. By: Cohen & Gresser LLP

Mergers 165

Mergers Trading 165

JD Supra: Mergers

JANUARY 4, 2024

2020-0165-KSJM (Del. HBK Master Fund L.P. Pivotal Software Inc., 14, 2023) - The Delaware Court of Chancery engages in an independent valuation process when determining the fair value of petitioners' stock in appraisal actions.

Valuation 165

Valuation Funds Stock IT 165

JD Supra: Mergers

MARCH 29, 2024

Since 2020, our antitrust/competition practice has expanded the Dechert Antitrust Merger Investigation Timing Tracker (DAMITT) to include Germany and France. This supplements DAMITT’s U.S.

Mergers 159

Mergers 159

The New York Times: Mergers, Acquisitions and Dive

SEPTEMBER 24, 2024

Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s top antitrust enforcers have promised to sue monopolies and block big mergers.

Mergers 136

Mergers Trading Mergers and Acquisitions Healthcare 136

JD Supra: Mergers

DECEMBER 22, 2023

1 These Guidelines replace the 2010 Horizontal Merger Guidelines (“2010 Guidelines”) and the DOJ’s 2020 Vertical Merger Guidelines. On December 18, 2023, the U.S. By: King & Spalding

Mergers 152

Mergers Trading 152

CNBC: Investing

NOVEMBER 9, 2023

For the first time since 2020, Disney is resuming paying a dividend to return capital to shareholders as the media giant continues its turnaround.

Media 143

Media Capital IT 143

JD Supra: Mergers

DECEMBER 21, 2023

The Final Merger Guidelines update and replace the 2010 Horizontal Merger Guidelines and the rescinded 2020 Vertical Merger Guidelines. The Final Merger Guidelines kept important components from the Proposed Merger Guidelines (e.g., lower thresholds rendering certain. By: Sheppard Mullin Richter & Hampton LLP

Mergers 177

Mergers Trading 177

CNBC: Investing

JUNE 27, 2023

If investors pick the right bank, they're likely to be paid only in stock rather than partly in cash, and the premium will probably be small, an analyst says.

Banking 98

Banking Bank Stock M&A 98

JD Supra: Mergers

JANUARY 2, 2024

2020-1000-LWW (Del. NetApp Inc. Cinelli, C.A. 2, 2023) - This decision arose out of the sale of the company Cloud Jumper to NetApp, Inc. The seller’s management had been recording internal software use as revenue in its unaudited financial statements but never disclosed this practice to the buyer in the sale’s process.

Financial Statement 165

Financial Statement Sale Management IT 165

JD Supra: Mergers

SEPTEMBER 6, 2023

As part of a global effort to improve corporate transparency and combat serious financial crime, private companies incorporated under the British Columbia Business Corporations Act (“BCBCA”) have been required to prepare and maintain a Transparency Register since October 1, 2020.

Corporation 171

Corporation Shares Business 171

JD Supra: Mergers

JANUARY 17, 2024

From mid-2020 through mid-2022, we saw a large uptick in the number of policies and limits bound, and so it stands to reason that the number of reps and warranties (R&W) claims received by insurers has increased in the past year.

Mergers and Acquisitions 165

Mergers and Acquisitions Insurance M&A Mergers 165

JD Supra: Mergers

DECEMBER 20, 2023

The Guidelines combine and replace the existing 2010 Horizontal Merger Guidelines and 2020 Vertical Merger Guidelines in one document. Department of Justice (the “Agencies”) jointly released new Merger Guidelines (the “Guidelines”), setting forth the analytical framework the Agencies will use to review proposed mergers and acquisitions.

Mergers 159

Mergers Mergers and Acquisitions Trading Acquisitions 159

JD Supra: Mergers

OCTOBER 13, 2023

In our 2022 alert “REIT M&A Trends Through the Pandemic,” we cataloged a total of 42 new REIT transactions announced between August 2020 and May 2022, a pace that rivaled or exceeded pre-pandemic levels.

M&A 159

M&A 159