Wed.Jan 31, 2024

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Podcast app Castro now owned by indie developer Bluck Apps

TechCrunch: M&A

Nearly two months after Castro, the third-party podcast app, announced it was seeking new ownership, the company revealed today that it has officially been bought by Bluck Apps, an independent app studio that developed Android podcast app Aurelian. In November, Castro’s future was questioned when a former employee, Mohit Mamoria, posted on X that the […] © 2024 TechCrunch.

IT 253
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SEC Adopts Final Rules Enhancing Disclosures and Providing Additional Investor Protections Related to SPACs

JD Supra: Mergers

Nearly two years after first proposing new rules related to special purpose acquisition companies (SPACs), the U.S. Securities and Exchange Commission (SEC) has adopted final rules aimed at enhancing investor protections in initial public offerings by SPACs and in subsequent de-SPAC transactions. The final rules require new enhanced disclosure requirements related to SPACs, and include new procedural protections in de-SPAC transactions.

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Non-Competes: Del. Supreme Court Upholds Forfeiture for Competition Provision

Deal Lawyers

Recent Delaware case law addressing non-competes has been decidedly unfavorable to those attempting to enforce them, but a new Delaware Supreme Court decision suggests that there may be more room to maneuver when a non-compete covenant isn’t used to preclude future employment, but instead as a condition to an obligation to make future payments to […]

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FinCEN Publishes Updated FAQs to Assist in Reporting Compliance

JD Supra: Mergers

The Financial Crimes Enforcement Network (“FinCEN”) recently published updates to its list of Frequently Asked Questions (“FAQs”) to assist entities in complying with the beneficial ownership reporting requirements of the Corporate Transparency Act (“CTA”).

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Ether takes center stage as bitcoin heads into one of its strongest months

CNBC: Investing

Ether is ready to take the limelight in the month ahead after bitcoin and newly launched bitcoin ETFs dominated crypto investor attention in January.

IT 112

More Trending

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Achieving Operational Simplicity with a Network Platform Approach

Cisco: M&A

For today’s IT teams, managing distributed users, devices, applications, and workloads is not an easy task—especially when these disparate elements often connect across multiple infrastructures, as we… Read more on Cisco Blogs

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Constrained Markets Drive Creative Continuation Vehicle Solutions but Conflict Challenges Remain

JD Supra: Mergers

Deals require more transactional, advisory, and regulatory experience in the increasingly complex continuation vehicle market. As the GP-led secondary market continues to evolve and reacts to new SEC rules and growing regulatory focus, deal teams are required to navigate an increasingly complex range of issues.

Advisory 167
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Walmart just split its stock. History shows what will happen next with the megacap

CNBC: Investing

Stocks tend to outperform after a stock split announcement, even though the moves shouldn't change a company's fundamental outlook.

Stock 113
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China Adopts New Merger Control Filing Thresholds

JD Supra: Mergers

On January 26, 2024, the State Council of China adopted new merger filing thresholds by promulgating the amended Provisions of the State Council on Thresholds for Prior Notification of Concentration of Undertakings (the Amended Thresholds). The Amended Thresholds took effect upon release and mark the first major revision to the State Administration for Market Regulation's (SAMR’s) notification thresholds since 2008.

Mergers 167
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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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50 years of history tell you to buy gold when the Fed cuts rates, says Bernstein

CNBC: Investing

The Federal Reserve is poised to cuts interest rates this year and historically, that has been good for gold, according to Bernstein.

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Selling a business in the current high-deal volume environment

JD Supra: Mergers

Selling a business in any environment can be challenging when planning is not addressed early in the M&A process. The challenges are heightened in the current environment where buyers are looking at multiple potential deals simultaneously, expecting to close as efficiently as possible before moving on to the next opportunity. With the proper planning conducted by sellers before even identifying a buyer, however, a sale transaction can be relatively smooth and maximize value to the seller.

Business 167
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PGA Tour Raises $1.5 Billion From Group of U.S. Investors

The New York Times: Mergers, Acquisitions and Dive

The move, which involves the Fenway Sports Group, raises questions about whether a deal to combine forces with Saudi Arabia’s sovereign fund is still necessary.

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New HSR Act Size-of-Transaction Increasing to $119.5 Million; Filing Fee Increases Going Into Effect Soon

JD Supra: Mergers

On January 22, 2024, the Federal Trade Commission (FTC) published its adjusted reporting thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The FTC revises the HSR Act thresholds annually to track year-over-year changes in gross national product.

Trading 167
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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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CD&R invests in Foundation Building Materials

PE Hub

FBM's existing backer American Securities will continue to own a majority stake in FBM. The post CD&R invests in Foundation Building Materials appeared first on PE Hub.

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FTC Announces HSR Threshold and Filing Fee Increases for 2024 Transactions

JD Supra: Mergers

The size-of-transaction threshold under the Hart-Scott-Rodino Act will increase to $119.5 million, and the largest filing fee will increase to $2.335 million. As a result of the increase in the U.S. Gross National Product (GNP) for 2023, the Federal Trade Commission (FTC) has announced an increase in the jurisdictional filing thresholds for the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR).

Trading 161
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EIB Investment Survey 2023 - Spain overview

European Investment Bank

This unique insight into the corporate investment in Spain examines companies' finance needs and the constraints they face. The 2023 edition also provides insight into the pressing issues facing firms, such as climate change, high energy costs and the green transition. The survey, which has been administered since 2016, covers about 13 000 firms across the European Union, including a small sample of US firms.

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DAMITT 2023 Annual Report: Minding the Gap in Merger Enforcement

JD Supra: Mergers

Only 12 significant merger investigations concluded in 2023—a drop of 40 percent from just last year and by far the lowest in DAMITT history. This observed and verifiable drop sharply contrasts with recent reports that Biden’s enforcers are setting new record highs for merger challenges.

Mergers 161
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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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BlackRock invests in pediatric dental support firm Lone Peak Dental Group

PE Hub

Lone Peak was founded in 2003 and has 69 offices spanning 13 states. The post BlackRock invests in pediatric dental support firm Lone Peak Dental Group appeared first on PE Hub.

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Top 11 employment provisions in M&A agreements

JD Supra: Mergers

In mergers and acquisitions, both the seller and the buyer may need to include employment-related provisions in the M&A documentation. We have gathered together the most frequent and significant employment provisions for these types of transactions.

M&A 161
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Bain Capital finds unique qualities in consumer sector with Fogo de Chão and 1440 Foods

PE Hub

'We're not afraid of complexity and we like being a bit contrarian,' says Bain's Adam Nebesar. The post Bain Capital finds unique qualities in consumer sector with Fogo de Chão and 1440 Foods appeared first on PE Hub.

Food 83
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New Chinese merger control thresholds take effect

JD Supra: Mergers

On 26 January 2024, the State Administration for Market Regulation (SAMR) finally published the Regulation of the State Council on the Threshold for Notification of Concentration of Business Operators (Final Thresholds Regulation), with immediate effect. SAMR had consulted publicly on a Draft Amended Regulation of the State Council on the Threshold for Notification of Concentration of Business Operators (Draft Thresholds Regulation) in June 2022.

Mergers 161
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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Charlesbank Capital Partners wraps up third credit fund at $1.5bn

PE Hub

Charlesbank Credit Opportunities Fund III's LPs include public and corporate pensions, endowments, foundations, financial institutions, asset managers and family offices, as well as high-net-worth individuals. The post Charlesbank Capital Partners wraps up third credit fund at $1.5bn appeared first on PE Hub.

Funds 83
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HL Noodles: A digestible portion of thought with a small side of levity

JD Supra: Mergers

We are pleased to introduce HL Noodles, our new monthly series focusing on concise and pithy thought pieces at the intersection of antitrust, philosophy, and economics. Please join us at the end of each month for another serving.

Economics 161
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Walmart's stock split only shows how rare they've become in the past 20 years

CNBC: Investing

Walmart's decision to split its stock 3-for-1 revives an old debate: when is the right time to split a stock?

Stock 108
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Axinn Antitrust Insight: FTC Announces Revised HSR Thresholds for 2024

JD Supra: Mergers

Each January, the Federal Trade Commission announces the new thresholds for premerger notifications under the HSR Act, which are updated each year based on changes in the gross national product. This year's updated thresholds will come into effect 30 days after the FTC publishes the new thresholds in the Federal Register. The FTC has also announced modest inflation-based adjustments to the applicable HSR filing fees.

Trading 161
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Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

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New Frontiers in Anonymity: Assessing the Impact of Blockchain and DeFi on Messaging and Activities in the Financial Sector

Global Banking & Finance

New Frontiers in Anonymity: Assessing the Impact of Blockchain and DeFi on Messaging and Activities in the Financial Sector By Luigi Wewege, President, Caye International Bank The emergence of blockchain technology and decentralized finance (DeFi) represents a significant shift in most financial operations.

Finance 89
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The SEC Adopts New Rules for SPACs

JD Supra: Mergers

On January 24, 2024, the U.S. Securities and Exchange Commission (“SEC”) adopted new rules governing initial public offerings (“IPOs”) of special purpose acquisition companies (“SPACs”) and subsequent combinations between SPACs and target operating companies (“de-SPAC transactions”). The SEC’s original proposals in March 2022 generated substantial public comment.

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10 Things to Think About if You are Thinking About Thinking About Selling Your Business

Align Business Advisory Services

Contemplating the sale of your business is a transformative decision that requires strategic planning and careful evaluation. There are many complexities involved in the effective and successful sale of a business. In this blog post, we will explore essential considerations to think about in order to optimize your business’s value and its potential for growth.