Wed.Jul 31, 2024

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All together now: Post-acquisition compliance program integration

JD Supra: Mergers

The due diligence process is a critical element in a merger and acquisition transaction. Most companies clearly define the steps and rarely skip them. However, the participants in the process vary widely, and ethics and compliance are often overlooked. In a perfect world, the chief ethics and compliance officer and the ethics and compliance team would be part of the deal team early on, consulted in “go or no-go” decisions, and have a seat at the table throughout the process.

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2024 DGCL Amendments: Drafting Tips for M&A Documents

Deal Lawyers

This recent Greenberg Traurig memo addresses the implications of the 2024 DGCL amendments that drafters of merger agreements, resolutions, and other corporate documents should keep in mind.

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3 Keys to Successful Corporate Collaborations

JD Supra: Mergers

Challenges arise any time two commercial entities seek to engage in a collaborative partnership. It is for that very reason that including an attorney team experienced in technology transactions, licensing, and intellectual property can prove critical. The right attorney team guides their clients around pitfalls and toward success. Such guidance is particularly critical with life sciences and technology innovators, but also for those in other industries, such as developers of products or.

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Bill Ackman's Pershing Square withdraws IPO as demand for offering waned

CNBC: Investing

Bill Ackman's Pershing Square USA withdrew its plans for an initial public offering after demand fell below original expectations.

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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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Subscription Agreements 101 – Back to Basics July 2024 - ILPA Releases NAV Guidance

JD Supra: Mergers

Recently, the Institutional Limited Partners Association (“ILPA”) issued guidance for Limited Partners (LPs) and General Partners ("GPs") around the use of Net Asset Value (NAV-)based financing facilities by private equity funds.

More Trending

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The Corporate Transparency Act: Treasury’s New Back Door for Finding CFIUS Non-Notified Transactions

JD Supra: Mergers

Much has been written about the Corporate Transparency Act (“CTA”), which was enacted on January 1, 2021, and went into effect on January 1, 2024. Briefly, the CTA requires “reporting companies” to disclose beneficial ownership information (“BOI”) to the federal government. A perhaps overlooked effect of the CTA’s BOI reporting rule is its potential impact on the Department of the Treasury’s continual search for foreign investment transactions that were not notified to the Committee on Foreign.

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Transforming Wealth Management: Reshaping Advisor-Client Relationship through AI

Global Banking & Finance

By Anoop Karumathil Melethil, Vice President – Marketing, Maveric Systems Limited AI is profoundly reshaping the wealth management industry, driving changes that go far beyond operational efficiencies to encompass customer experience and business transformation.

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Incorporating in Cayman

JD Supra: Mergers

At the SPAC conference in June, much conversation centered on new SPAC teams moving away from Delaware to incorporate in the Cayman Islands. As my readers and listeners know, this strategy shift is not surprising. Factors pushing new SPAC teams in that direction are the 1% excise tax being levied on SPAC redemptions and the negative SPAC environment the Delaware courts have created with their recent decisions.

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National Powerhouse Delhougne Realty Group Joins Forces With eXp Realty

Global Newswire by Notified: M&A

Strategic move brings 65-agent team with remarkable sales volume Strategic move brings 65-agent team with remarkable sales volume

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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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Significant Amendments to the Delaware General Corporation Law Are Set to Become Effective

JD Supra: Mergers

On August 1, 2024, an extensive and important set of amendments to the Delaware General Corporation Law (the DGCL) will become effective. The amendments, which will apply both prospectively and retrospectively, were largely intended to address several recent Delaware Court of Chancery decisions that many practitioners considered inconsistent with prevailing market practice.

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Unlocking the Future of MSSP Operations with Cisco CDO APIs

Cisco: M&A

Cisco Defense Orchestrator is designed to simplify the management of secure firewalls. With the introduction of Cisco CDO APIs, we enable Managed Security Service Providers (MSSPs) to unlock unprecedented levels of operational efficiency.

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2024 Delaware General Corporation Law Amendments

JD Supra: Mergers

As part of the annual process of reviewing and updating the Delaware General Corporation Law (“DGCL”), Delaware’s state legislature recently approved 2024 amendments. In summary, these include the following changes. Originally Published on American Bar Association, Business Law Today.

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What to Watch as the Fed Meets on Wednesday

The New York Times: Banking

The Federal Reserve is expected to leave interest rates unchanged but could set up for a cut later this year.

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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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NY Court Finds Unlawful Fee Splitting in Practice Acquisition

JD Supra: Mergers

The prohibition on fee splitting by professionals is alive and well in New York. The sale of a dental practice from one dentist to another was found to violate the state’s prohibition against fee splitting because the purchase price was to be paid, in part, based on a percentage of the future revenue of the practice.

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An In-Depth Look at the Cisco CCDE-AI Infrastructure Certification

Cisco: M&A

Explore AI's impact on network engineering and the steps IT professionals can take to build the skills to support AI workloads.

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Wednesday's analyst calls: Nvidia a top pick, auto stock gets an upgrade

CNBC: Investing

A tech giant and an automaker were among the names being talked about by analysts on Wednesday.

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Building bridges, feeding people and empowering students: How new technologies are changing lives

Cisco: M&A

Cisco partnered with BBC StoryWorks’ Human Component series to showcase three of our nonprofit partners who are using technology to create human connections. Read—and watch—to be inspired by their impact.

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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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Trading the Fed decision: These stocks could get the biggest boost from lower rates

CNBC: Investing

These stocks win when short-term interest rates decline, history shows.

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RBC Capital Markets taps HSBC for new director of central bank sales

The TRADE

RBC Capital Markets has appointed Mitul Patel director, central bank sales, based in London. As part of the role, Patel will hold responsibility for distributing global rates product, alongside collaborating closely with global trading teams, internal partners in DCM, syndicate, and sales to execute strategy and drive growth. In addition, Patel will support the execution of RBC’s global distribution strategy and coverage model for the central bank and sovereign wealth fund client base.

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Here are Wednesday's biggest analyst calls: Nvidia, Microsoft, Starbucks, McDonald's, Pinterest & more

CNBC: Investing

Here are Wednesday's biggest calls on Wall Street.

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Oasis Painting & Renovation Announces Successful Transition Through Sun Acquisitions

Sun Acquisitions

Chicago, IL – July 31, 2024—Oasis Painting & Renovation, a leading Chicago-based provider of residential renovation and maintenance services, has successfully transitioned ownership under the guidance of Sun Acquisitions, to strategic acquirer NuEra Enterprises. Oasis Painting & Renovation, a family-owned business, has served the apartment and property management industry for over three decades.

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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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Industrials Private Equity: The Best Place for Old-School Deals at Reasonable Multiples?

Mergers and Inquisitions

If you ever tire of the hype around tech, industrials private equity might be an ideal hiding spot. Industrials PE has been around for a long time and has always been seen as “stable but boring.” Some would even argue that the first “leveraged buyout” of all time – J.P. Morgan’s acquisition of Carnegie Steel in 1901 – was an industrials private equity deal.

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Sun Acquisitions Facilitates the Sale of Chain O’ Lakes Transportation to Strategic Acquirer

Sun Acquisitions

Sun Acquisitions, a prominent mergers and acquisitions firm in Chicago, is thrilled to announce the successful sale of Chain O’ Lakes Transportation, a provider of alternative transportation solutions, to strategic acquirer JW Chicago. JW currently operates similar transportation operations in the northeast. Established in 2009, Chain O’ Lakes Transportation was born from the founder’s vision of providing reliable and compassionate transportation for special needs students.

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Is automated trading worth it?

Global Banking & Finance

Of the constantly evolving financial markets, Forex trading is the most liquid and accessible. The potential for unlimited opportunities across borders exists because daily turnover surpasses $6 trillion. It has recently been one of the most exciting times with developments in what automated Forex trading can do for traders.

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Gravis Capital Management enhances front-office capabilities through Bloomberg AIM integration

The TRADE

UK asset manager Gravis Capital Management has become the latest to integrate Bloomberg AIM in a bid to enhance its front-office workflows. Raquel Alves Specifically, Gravis is set to utilise Bloomberg AIM to provide operational intelligence and management for its front-office to enhance pre-trade processes and order generation workflow, as well as for fund holdings reconciliation.

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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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How Fed Rates Influence Mortgages, Credit Cards and More

The New York Times: Banking

Higher rates benefit those who can save, but for borrowers, falling rates would reduce bills on credit cards, home equity loans and other forms of debt.

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Watch out. These stocks reporting next week are at risk of an earnings blow-up

CNBC: Investing

While it has largely been a positive second-quarter earnings period so far, investors need to watch for some companies that could deliver bad news.

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Olympics-Triathlon-France and Britain victorious in thrilling Paris races

Global Banking & Finance

By Helen Reid PARIS (Reuters) -France and Britain hogged the Olympic triathlon spotlight as Cassandre Beaugrand delivered a decisive gold for the hosts in the women’s race while Alex Yee pipped New Zealand’s Hayden Wilde for an amazing victory in the men’s event on Wednesday.

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