Thu.Aug 01, 2024

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EU greenlights HPE’s $14B Juniper Networks acquisition

TechCrunch: M&A

The European Commission (EC) has given the go-ahead to HPE's planned megabucks acquisition of Juniper Networks. © 2024 TechCrunch. All rights reserved. For personal use only.

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Background Checks: Where Everything Comes To Light

H. Friedman Search

This week let’s talk about background checks. This will pertain to both public finance bankers, bond counsels, and other people outside of our cottage industry. Since we are dealing with money, assets, and fiduciary relationships, the background check that all the firms do is paramount for someone getting hired. All firms are doing some sort of background check whether formal or informal.

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Private Equity Firms Should Prepare for Increased Scrutiny as DOJ Puts False Claims Violations Under the Microscope

JD Supra: Mergers

Private equity investment in health care has grown significantly over the past two decades, and the US government is starting to pay attention. Recent announcements by the US Department of Justice (DOJ) and proposals by Congress and state attorneys general show that the impact private equity firms may have over medical decisions and care is increasingly under scrutiny.

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Earnouts: Unusually Buyer-Friendly Language Defeats Plaintiff’s Claims

Deal Lawyers

In Fortis Advisors v. Medtronic Minimed, (Del. Ch.; 7/24), the Delaware Chancery Court dismissed claims by a sellers’ representative that the buyer wrongfully deprived the target’s former stockholders of a $100 million contingent milestone payment.

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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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Healthcare Private Equity Transactions Under Scrutiny: Mid-Year Review

JD Supra: Mergers

At the end of last year, Holland & Knight predicted that "the current enforcement environment will continue into 2024 and will focus heavily on the healthcare industry, along with private equity transactions or 'roll-ups.' Companies in those industries should expect heightened scrutiny leading to more antitrust investigations and litigation." (See Holland & Knight's previous alert, "A Year in Review in Healthcare Antitrust: What Healthcare Providers Need to Know," Dec. 15, 2023.

More Trending

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Key Considerations in Review of NDAs as a Buyer

JD Supra: Mergers

When a company is in the process of pursuing a transaction involving the acquisition or merger of another company, one of the first negotiable documents encountered will likely be a non-disclosure or confidentiality agreement ("NDA").

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Small cap Russell 2000 posts 10% gain in July, trouncing other indexes

CNBC: Investing

The S&P 500 rallied 1.6% on Wednesday. That performance was in contrast to an emerging trend seen in July: Investors were rotating out of large-cap tech stocks and into beaten-down smaller names.

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Conditional Payment (Earn-Out)

JD Supra: Mergers

In merger and acquisition (M&A) transactions, the earn-out mechanism serves as a strategic tool for conditional payment based on the prospective performance of the acquired entity. This mechanism is particularly prevalent in transactions in which substantial valuation discrepancies exist between the parties, or when there is anticipation of significant post-acquisition growth in the business activities….

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How Smart Tech is Teaching Us About Our Oceans, One Catch at a Time

Cisco: M&A

Discover how smart technology is revolutionizing our understanding of the oceans and aiding fishermen, with innovative gear that collects vital data to help navigate changing seas and support sustainable fishing practices.

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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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Trending Enforcement Targeting Private Equity Healthcare Portfolios Provides Important Compliance Reminder

JD Supra: Mergers

Over the last decade, private equity firms have acquired healthcare companies, hospitals, and clinics at an increasing rate. In fact, in those ten years, private equity firms have spent roughly $1 trillion on an estimated 8,000 healthcare deals. This trend is only expected to increase through 2024. However, with the growing presence of private equity in healthcare, investors should expect increased scrutiny by the Department of Justice (DOJ) and other agencies.

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Goldman Sachs adds 4 new stocks to its conviction buy list

CNBC: Investing

Goldman's new "Conviction List - Directors' Cut" curates 20 to 25 of the firm's most differentiated fundamental buy-rated ideas across its U.S. stock coverage.

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Category Leaders Outbrain and Teads to Merge, Creating an Independent End-to-End Advertising Platform for the Open Internet

Global Newswire by Notified: M&A

Company will combine performance and omnichannel video offerings to become the preferred destination to drive full-funnel marketing outcomes across the entire consumer journey Company will combine performance and omnichannel video offerings to become the preferred destination to drive full-funnel marketing outcomes across the entire consumer journey

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A Commander’s-Intent-driven Network – Enabling Cyberspace Operations from the Tactical Edge and Beyond

Cisco: M&A

Join us for AFCEA TechNet Augusta 2024 as we explore how people, processes, and technology shape the Cyber Domain. Be sure to visit our Solutions Review Session and Booth #105 as we propel Army Cyberspace Operations into the future.

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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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Bitcoin is riding a wave of optimism into a historically quiet trading month. Here's what to expect

CNBC: Investing

Investors have several reasons to be optimistic even as bitcoin enters one of the sleepiest trading months of the year.

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Amazon Reports $148 Billion in Second Quarter Sales

The New York Times: Mergers, Acquisitions and Dive

The e-commerce giant’s stock dipped about 5 percent in after-hours trading after lower-than-expected guidance.

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Thursday's analyst calls: Meta Platforms earnings reaction, GE spinoff gets big upgrade

CNBC: Investing

A tech giant and an energy spinoff were among the stocks being talked about by analysts on Thursday.

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ebb3 Standardises on ControlUp’s Digital Employee Experience Platform to Enhance Services for Customers Running Graphics Intensive Applications on VDI

Global Banking & Finance

Real-time analysis of compute environments is a major benefit for MSPs London, UK.

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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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Buy gold and oil for protection as Middle East tensions escalate, UBS says

CNBC: Investing

The risk of miscalculation in the Middle East is high. Oil and gold can help hedge investors' portfolios.

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Casella Waste Systems, Inc. Expands its Footprint in the Mid-Atlantic with Two Acquisitions

Global Newswire by Notified: M&A

RUTLAND, Vt., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company (the “Company”), announced that it has acquired two solid waste businesses with operations in the Mid-Atlantic, LMR Disposal LLC (“LMR”), which closed on July 1, 2024, and Whitetail Disposal, Inc.

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Fidelity Investments taps MFS Investment Management for new senior trader

The TRADE

Fidelity Investments has appointed Sarah Lambert senior trader, based in Boston. Lambert joins Fidelity from MFS Investment Management where she spent the last five years, most recently serving as investment officer, fixed income trader. Before joining MFS, she spent seven and a half years at BNY Mellon (now BNY). Initially during her tenure at BNY Mellon, she served as an assistant portfolio manager, fixed income.

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SPZI: Bloxcross and JP3E Announce the Global Trade Financing Platform Is Live

Global Newswire by Notified: M&A

SPZI: Bloxcross and JP3E Announce the Global Trade Financing Platform Is Live.

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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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State Street Global Advisors appoints new senior global equity trader

The TRADE

Jamie McKenna has been appointed vice president, senior global equity trader at State Street Global Advisors (SSGA) following almost two decades at GMO trading. Boston-based McKenna joined GMO in 2004 as a pricing analyst, and most recently worked in a multi-asset trading role for 15 years. Read more: Fireside Friday with… State Street Global Advisors’ Khursheda Fazylova His expertise includes equities, ETFs, merger arbitrage spreads, equity swaps, futures, options, and FX.

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Innofactor Plc: Statement of the Board of Directors regarding the voluntary recommended public cash tender offer by Onni Bidco Oy

Global Newswire by Notified: M&A

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, PLEASE SEE SECTION "IMPORTANT INFORMATION" BELOW.

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LSEG capital markets revenues contribute to H1 growth despite ‘anticipated headwinds’

The TRADE

The London Stock Exchange Group (LSEG) achieved a strong H1 according to results released on Thursday, with growth across capital markets, data and analytics, post-trade and its index business. “We have finished the first half strongly, maintaining our momentum in Q2 with every business line contributing to revenue growth,” said LSEG chief executive David Schwimmer.

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TAXES AND TERMS IN A BUSINESS SALE: PRE-SALE (Part 1 of 3)

IBG

A wise business seller understands that price is just one of multiple factors that determine, after the dust has settled, the actual value of their deal. In most business sales, it’s natural for the seller to focus on the price as the defining measure of their company’s market value and their satisfaction with the sale. However, obsession with the selling price can obscure other important considerations – the terms and structure of the deal, the resulting tax liability, and the net cash received

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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The Philippines Chooses Venom for Groundbreaking National Blockchain Initiative

Global Banking & Finance

Manilla, Philippines, August 1st, 2024, Chainwire Venom Foundation is proud to announce a historic agreement with the government of the Republic of the Philippines to digitize billions of accountable forms using its advanced blockchain technology. Key Highlights Landmark Opportunity and Global Significance This initiative represents a pivotal milestone for Venom and the broader crypto industry.

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Virginia Credit Union, Member One Federal Credit Union Announce Merger Approval

Global Newswire by Notified: M&A

Shared Vision and Commitment to Serving Members, Communities Led to Merger; Combined Organization to Serve Almost 500,000 Members Shared Vision and Commitment to Serving Members, Communities Led to Merger; Combined Organization to Serve Almost 500,000 Members

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Global Mocktails Market Propelled by 13.22% CAGR – Verified Market Reports®

Global Banking & Finance

The Global Mocktails Market is projected to grow at a CAGR of 9.6% from 2024 to 2031, according to a new report published by Verified Market Reports®. The mocktails market is witnessing significant growth driven by several key factors.