Thu.Jan 25, 2024

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Meta to Pay ILS 25 Million for Failing to Report Mergers

JD Supra: Mergers

A few days ago, the Israel Competition Authority’s Director General announced she had reached an agreement with Meta Platforms Inc. (owner of Facebook and Instagram). Under the agreement, Meta undertook to pay the State treasury ILS 25 million and to report every merger it carries out in Israel to the ICA. By: Barnea Jaffa Lande & Co.

Mergers 282
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Your Cohesive Team Can Move Together

H. Friedman Search

Man has been and always will be a social animal. We like to be around people. The recluse of society is shunned, but the social ones are enamored. As 2024 has started, individual bond counsels and public finance bankers don’t want to make a move themselves. However, they would readily engage if they had a cohesive team move together. This is definitely a trend that I have seen increasing since we are at the tail end of the COVID experience.

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Governance Insights: 10 Trends that GCs and Boards Need to Know

JD Supra: Mergers

The latest edition of Davies’ Governance Insights is now available. In this issue, we explore 10 important trends that will help general counsel and boards navigate the year ahead. In order to help you with your strategic and compliance planning, we discuss issues including the re-emergence of shareholder activism, the continuing advance of artificial intelligence (AI), environmental disclosure obligations for public companies, new mandatory tax reporting rules and recent court decisions.

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As China’s Markets Stumble, Japan Rises Toward Record

The New York Times: Banking

A change in perception among investors about China and Japan is one of the biggest themes in the markets right now.

Investors 141
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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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The year in review – a close look at China’s merger control since the amendment of the Anti-Monopoly Law

JD Supra: Mergers

Looking back on the year 2023, this alert aims to give an update on the state of play in Chinese merger control. In particular, it looks at how merger control has evolved since China’s main antitrust statute – the Anti-Monopoly Law – was amended for the first time in summer 2022. We will look at the string of important decisions by China’s antitrust regulator adopted over the past few months, as well as new or planned AML implementing rules in the merger control field.

Mergers 192

More Trending

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Contracting Around Extrinsic Evidence in Delaware

JD Supra: Mergers

In Texas Pacific Land Corp. v. Horizon Kinetics, LLC, et al., the Delaware Court of Chancery enforced a “no drafting history clause” that restricted the court’s ability to consider “the events of drafting or preparation” to resolve ambiguities while interpreting a contract. The dispute related to a stockholder’s agreement (the agreement) that required the signing stockholders (defendants) of Texas Pacific Land Corporation (plaintiff) to vote in accordance with the board’s recommendations (the.

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Analysts baffled by Tesla not giving an outlook, can't think of another big company not to do so

CNBC: Investing

Tesla's lack of guidance is leaving some Wall Street analysts puzzled.

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SEC Adopts Long-Awaited SPAC Rules

JD Supra: Mergers

On January 24, 2024, nearly two years after the SEC initially proposed industry-chilling rules overhauling the treatment of special purpose acquisition companies (“SPACs”) in their IPOs and de-SPAC transactions, the SEC adopted final rules.

IPO 177
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Berkshire Hathaway is trading at record highs, and UBS thinks it can rise another 15%

CNBC: Investing

Berkshire shares just reached to an all-time high, and one analyst thinks the conglomerate's stock is still attractively priced and sees double digit upside.

Trading 120
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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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What is Liquidation Preference?

JD Supra: Mergers

​In a venture capital deal, a liquidation preference refers to the payout investors receive in a liquidation event (like a sale or merger) prior to any payments made to the common stockholders. Venture capital investors almost always receive preferred stock, which comes with various negotiated rights and preferences, including a liquidation preference. ​.

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Edward E. Crutchfield, 82, Banker Whose Deals Reshaped the Industry, Dies

The New York Times: Banking

He built a small Southern bank into a regional powerhouse, helping to turn Charlotte, N.C., into a national financial hub.

Banking 119
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[CLE Hybrid Event] To Self-Report or Not to Self-Report: DOJ's New ‘Safe Harbor’ Policy Tries to Answer the Question for M&A Cases - February 8th, Houston, TX

JD Supra: Mergers

It is one of the hardest questions a company can face: after discovering criminal conduct inside your company, do you self-report to the government or not? The reality is that when faced with the question of self-reporting, most companies generally believe it would be unwise to voluntarily self-report criminal conduct. Recent statements by senior Department of Justice (“DOJ”) officials, however, strongly suggest that significant policy changes are afoot in the mergers and acquisitions (“M&A”

M&A 171
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This is what was behind the bitcoin sell-off and why JPMorgan thinks it could be ending

CNBC: Investing

Outflows from one bitcoin ETF should slow from here, according to a JPMorgan strategist.

IT 116
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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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New Hart-Scott-Rodino Act Filing Thresholds, Filing Fees and Interlocking Directorate Thresholds Announced

JD Supra: Mergers

The Hart-Scott-Rodino (HSR) Act thresholds that govern which mergers & acquisitions must be reported to the US Department of Justice (DOJ) and Federal Trade Commission (FTC) will increase slightly more than 7% in February 2024.

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Japan's stock market roared back to life in 2023, and investors expect even more gains ahead. How to trade it

CNBC: Investing

A 'change in animal spirits' has foreign investors the most bullish they've been on Japan in a generation.

Investors 116
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SPAC Risk Update with Doug Ellenoff: What to Expect in 2024

JD Supra: Mergers

For the first SPAC Notebook of 2024, I was pleased to speak once again with Doug Ellenoff, the founder of Ellenoff Grossman & Schole and someone who has been at the forefront of the SPAC market since its inception. In addition to evaluating SPAC activity in 2023, we looked at what to expect for this year.

IT 165
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Gauging when Tesla may hit bottom and using options to trade it

CNBC: Investing

Sometimes when things are moving fast, we need to slow down and wait. Such may be the case with Tesla shares.

Trading 113
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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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2024 Changes to the HSR Pre-Merger Notification Thresholds, HSR Filing Fees, Civil Penalties, and Interlocking Directorate Thresholds

JD Supra: Mergers

January is the time of the year for the Federal Trade Commission (FTC) to announce the annual changes to several statutory thresholds, including those relating to the Hart-Scott-Rodino (HSR) Act notification thresholds and filing fee thresholds, interlocking directorates, and civil monetary penalties. The FTC approved all the changes by a vote of 3-0 and published notices in the Federal Register.

Mergers 165
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SEC Adopts Final Rules on SPACs

Deal Lawyers

As Dave shared yesterday on TheCorporateCounsel.net, on Wednesday, the SEC, by a 3-to-2 vote, adopted final rules to address its concerns with SPACs. As with the proposed rules, Chair Gensler’s statement emphasized the goal of aligning “the protections investors receive when investing in SPACs with those provided to them when investing in traditional IPOs.

IPO 113
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FRC publishes revised UK Corporate Governance Code

JD Supra: Mergers

On 22 January 2024, the FRC published a revised edition of the UK Corporate Governance Code (the Code). This follows on from the consultation on several important changes to the Code that it launched in May 2023 (see our briefing on that here) and its announcement in November 2023 of a major scaling back of those proposed changes (see our briefing on that here) following the Government's decision to withdraw the implementation of the new statutory corporate reporting reforms that it had proposed

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These new ETFs will help investors target a lucrative part of the corporate bond market

CNBC: Investing

New funds from BondBloxx give investors tools to target the BBB-rated bond market.

Investors 111
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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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FTC announces increase in HSR filing thresholds and increase to HSR premerger filing fees

JD Supra: Mergers

The FTC revises the jurisdictional and filing fee thresholds annually based on the change in gross national product. The FTC also revises filing fees annually based on changes to the consumer price index under Division GG of the 2023 Consolidated Appropriations Act.

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Thursday's analyst calls: Bank of America downgrades Boeing on FAA production halt, Tesla downside risks

CNBC: Investing

Analyst calls Thursday focused on Tesla and one of the EV maker's customers, Hertz.

Banking 104
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2024 Annual Updates to the United States Pre-Merger Notification (HSR Act) and Interlocking Directorates Thresholds

JD Supra: Mergers

The Federal Trade Commission (“FTC”) has revised the thresholds that govern pre-merger notification requirements under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), and Section 8 of the Clayton Act governing “interlocking directorates.”.

Mergers 152
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Corbion and Kingswood Capital Management announce agreement in divestiture of emulsifiers business

Global Newswire by Notified: M&A

Corbion and Kingswood Capital Management announce agreement in divestiture of emulsifiers business Corbion, a leading global ingredient solutions.

Capital 98
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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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12 Days of Learning at Cisco

Cisco: M&A

Start a new year of tech learning with the experts from Cisco Learning & Certifications.

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KV Capital acquires UTV Canada to merge with MSD

PE Hub

UTV Canada is a Leduc, Alberta-based distributor and retailer of all-terrain vehicles and utility task vehicles parts and accessories. The post KV Capital acquires UTV Canada to merge with MSD appeared first on PE Hub.

Capital 94
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Navigating the Complex Cybersecurity Landscape: Kyndryl and Cisco’s Innovative Security Edge Services

Cisco: M&A

I often hear in today’s cybersecurity landscape are “intricate,” “daunting,” and “complex.