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Delaware Court Of Chancery Finds That Controller Sale Of Company Did Not Harm Minority Interests

JD Supra: Mergers

On January 7, 2025, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery issued a post-trial decision in favor of defendant, a private equity fund (the Fund), finding that the Funds sale of a portfolio company (the Company) was protected by the business judgment rule and did not harm the interests of minority stockholders.

Sale 165
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Europe Daily News, 09 January 2025

JD Supra: Mergers

COMPETITION - Competition law and distribution deals: The exclusive distributor must be protected against active sales in its territory by all the suppliers other buyers (See CPR N 3/2025 - Opinion of the Advocate General in the Case C-581/23, Beevers Kaas). By: Mayer Brown

Sale 165
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Client Alert: SBA Final Rule Expected to Spur Increased Small Government Contractor M&A Activity In 2025

JD Supra: Mergers

Under the new Rule, an acquiring firm will no longer be eligible to bid on set-aside or reserved orders under a Multiple Award Contract (MAC) if, following a merger, acquisition, or sale, the acquired firm makes a disqualifying recertification (no longer small). Currently, By: Whiteford

M&A 192
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Is Cash King? April 2025 - Yale Eyes Secondaries Sale: Who’s Next?

JD Supra: Mergers

Right after Patrick Calves wrote about continued momentum in the secondaries market, supported by both cyclical and structural tailwinds in last weeks FFF, Yale Universitys plans to sell up to $6 billion is dominating private equity news this week. By: Cadwalader, Wickersham & Taft LLP

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Delaware Court of Chancery Rejects Challenges to Sale of Company by Private Equity Controller, Assesses Transaction Under Business Judgment Rule Standard

JD Supra: Mergers

On January 7, 2025, Vice Chancellor Glasscock issued a 68-page post-trial decision in Manti Holdings, LLC v. in which he rejected plaintiffs claims of breach of fiduciary duty in connection with the sale of Authentix Acquisition Company, Inc. The Carlyle Group Inc.,

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How China Scrutinizes Foreign Deals: Antitrust and National Security Mechanisms in the BlackRock-Hutchison

JD Supra: Mergers

On March 4, 2025, CK Hutchison Holdings Limited (CK Hutchison), controlled by the Li Ka-Shing family, announced a significant transaction on the Hong Kong Stock Exchange:the proposed sale of 80% equity in its port business to a consortium led by U.S.-based based BlackRock, Inc.

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Transaction Q+A: What Private Business Owners Should Know Before Selling

JD Supra: Mergers

discusssteps thatprivate company ownersshould consider before, during, and after sale of their business tosupporta successful transition. Originally published by Aldrich Capital Advisors LP - February 7, 2025. By: Schwabe, Williamson & Wyatt PC

Business 171