Fri.May 24, 2024

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Lost-Premium Damages under Merger Agreement – Proposed Amendment to the DGCL in Light of Crispo vs. Musk

JD Supra: Mergers

On March 28, 2024, the Council of the Corporation Law Section of the Delaware State Bar Association (“DSBA”) issued proposed amendments to the Delaware General Corporation Law (“DGCL”), which, if signed into law, would become effective on August 1, 2024. One of the proposed amendment stems from Crispo v. Musk, C.A. No 2022-0666-KSJM, 2023 WL 7154477 (Del.

Mergers 276
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The Emails at the Heart of the Government’s Ticketmaster Case

The New York Times: Mergers, Acquisitions and Dive

Live Nation Entertainment, which owns Ticketmaster, is accused of violating antitrust laws. The Justice Department drew on the concert behemoth’s internal communications in its lawsuit.

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What the FTC’s New Rule on Non-Competes Means for M&A and Private Equity Transactions

JD Supra: Mergers

By now you have probably heard of the Federal Trade Commission (FTC)’s rule to ban most post-employment non-compete agreements. While much of the conversation has naturally focused on the rule’s significant impact on employees and how it will invalidate existing non-competes for millions of workers, the FTC’s actions will also have key ramifications for M&A and private equity transactions across all industries.

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Ampla, a Lender to Consumer Brands, Faces Financial Struggles

The New York Times: Banking

Ampla, which lent money to smaller businesses that sold clothing, home furnishings and other items directly to consumers, is struggling financially and seeking a buyer.

Business 114
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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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Liquidity in a Challenging Climate May 2024 - Financing a Continuation Vehicle – Lender Considerations

JD Supra: Mergers

A continuation fund is an entity fund set up by a sponsor in order to purchase an asset (or assets) from an existing fund managed by that sponsor. There are a number of reasons as to why a sponsor would want to pursue this strategy compared with a third-party sale and a common consideration is that the existing fund is nearing the end of its term and the asset(s) subject to the sale may not reach the desired price in the current challenging exit environment and/or the sponsor and certain.

Finance 167

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Representation and Warranty Insurance for M&A Deals: Cooling Market and Emerging Trends

JD Supra: Mergers

While representation and warranty (R&W) insurance continues to be used across a broad range of M&A transactions, its use has cooled as dealmakers navigate challenging market conditions. Even for deals that are getting done, a smaller percentage of private deals have included R&W insurance than in recent, more robust M&A markets. The American Bar Association’s Private Target Mergers & Acquisitions Deal Points Study estimates that 55% of private transactions used R&W insura

Insurance 167
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Here's where BlackRock's bond guru Rick Rieder sees opportunity right now

CNBC: Investing

In this market, investors can grab some great yields and not have to take any big risks to get them, said BlackRock global fixed income CIO Rick Rieder.

Investors 114
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New DOJ Health Care Task Force Portends Continued Aggressive Antitrust Enforcement

JD Supra: Mergers

The health care industry has been a particular focus of antitrust concern in recent years, including recent policy initiatives, private equity warnings, and enforcement actions from both the Department of Justice (DOJ) and Federal Trade Commission (FTC). The new Task Force on Health Care Monopolies and Collusion (HCMC), announced this month by the DOJ, is the latest example of antitrust scrutiny on the industry.

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Cisco Meraki Secures the Postman “Best API Award”

Cisco: M&A

Meraki APIs allow businesses to automate repetitive and time-consuming tasks, and configure and deploy networks quickly at a scale. Developrs can leverage API operations to retrieve performance metrics, monitor network health, analyze traffic data and create custom reports to gain insights into the network usage.

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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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Proposed Treasury Regulations Provide Guidance on Stock Buyback Excise Tax for Redemptions and M&A Transactions

JD Supra: Mergers

On April 12, 2024, the Treasury Department and Internal Revenue Service (IRS) issued proposed Treasury Regulations (REG-115710-22) providing comprehensive guidance for applying the one-percent excise tax owed on corporate stock repurchasesoccurring on or after January 1, 2023 (Stock Buyback Excise Tax).

Stock 161
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Buy quality tech stocks that are immune to high inflation and rates, Trivariate Research says

CNBC: Investing

Trivariate Research shared a list of high-quality tech stocks that have a near-zero correlation to inflation.

Stock 113
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FLEURY MICHON : Annonce d'entrée en négociation exclusive pour la cession de Platos Tradicionales

Global Newswire by Notified: M&A

FLEURY MICHON COMMUNIQUÉ FINANCIER Fleury Michon entre en négociation exclusive en vue de céder ses parts détenues dans la joint-venture.

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Moderna and this solar name are among the most overbought stocks after a record-setting week

CNBC: Investing

Certain stocks this week became overbought, based on their 14-day relative strength index, or RSI.

Stock 120
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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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Exit Planning: Knowing When It’s Time to Sell Your Lower Middle Market Company

Align Business Advisory Services

A Series by Align: Your Trusted M&A Advisors Selling your life’s work can be a daunting decision. You’ve poured your heart and soul into building a successful company and know your industry inside and out. But at some point, every entrepreneur considers when the right time to exit might be. This series will explore the. Read More » The post Exit Planning: Knowing When It’s Time to Sell Your Lower Middle Market Company appeared first on Align BA.

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The key for markets next week will be inflation as stocks try to maintain record highs

CNBC: Investing

The April personal consumption expenditures report will give investors another look at the inflation picture.

Investors 112
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Financial Expert Helps 1,000 New Stock Traders Generate over $300k Profits in Q1 of 2024

Global Banking & Finance

Financial Expert Helps 1,000 New Stock Traders Generate over $300k Profits in Q1 of 2024 Financial mentor Sire Abram majored in finance and entrepreneurship while in college while working as a residential assistant and career coach. He also shared his financial knowledge and experience with other students.

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These are Wall Street's favorite travel and leisure stocks heading into the unofficial start of summer

CNBC: Investing

Hotels, airlines and others could gain in anticipation of profits from a busy summer travel and leisure season.

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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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Dundee Corporation Announces Acquisition of Shares of SPC Nickel Corp.

Global Newswire by Notified: M&A

TORONTO, May 24, 2024 (GLOBE NEWSWIRE) -- In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 6,000,000 Units (Units) of SPC Nickel Corp. (the “Issuer”) at the price of $0.05 per unit for aggregate consideration of $300,000. Each Unit is comprised of one common share and one half of a purchase warrant of the Issuer.

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Here are JPMorgan's top clean energy picks for the rest of 2024

CNBC: Investing

JPMorgan's top alt energy picks for the rest of the year are two smaller, lesser-known stocks.

Stock 112
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Coventry Building Society finalises £780m deal for Co-operative Bank

The Guardian: Mergers & Acquisitions

Agreement will create lender with almost 5m customers and £89bn balance sheet The Co-operative Bank is to return to its mutual roots after Coventry Building Society confirmed that it will acquire the bank from its hedge fund owners for £780m. The deal has now been finalised after Coventry said it had made a non-binding cash offer for the bank last month that will create a lender with almost 5 million customers and an £89bn balance sheet.

Bank 77
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Dimensional Fund Advisors Ltd. : Form 8.3 - JOHN WOOD GROUP PLC - Ordinary Shares

Global Newswire by Notified: M&A

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the.

Funds 75
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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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Inside the FX cut-off conundrum sparking animosity between the buy-side, CLS and custodians as T+1 looms

The TRADE

Tension is lingering between non-US traders, custodians and CLS over FX deadlines ahead of the rollout of T+1 settlement for equities in North America next week, with frustration and confusion over cut-offs leading to ongoing worries of increased risk for the buy-side. The whole debacle was sparked by CLS’s reveal last month that it would not be moving its cut-off due to feedback from its members – a decision which surprised and disappointed some – while pointing out that custodians

Trading 64
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Golden Triangle Ventures Announces Letter of Intent to Acquire Shipping and Logistics Operation

Global Newswire by Notified: M&A

LAS VEGAS, May 24, 2024 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is pleased to announce the execution of a Letter of Intent (or “LOI”) with TK Zarro, LLC, GTV’s primary note holder, for the acquisition of Cargo Management Group, a complete shipping, logistics and trucking operation that aims to support its Entertainment Division business model, operating under Lavish Entertainment.

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These AI plays are still cheap even after this year's incredible Nvidia-driven bull run

CNBC: Investing

CNBC Pro screened for AI plays that are considered "cheap.

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Form 8.5 (EPT/RI) - Touchstone Exploration Inc

Global Newswire by Notified: M&A

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule.

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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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Navigating the Legal Maze in M&A: Unraveling Lesser-Known Considerations

Sun Acquisitions

Mergers and acquisitions (M&A) are intricate transactions that demand careful attention to various legal considerations. While the basics of due diligence and contract negotiations are vital, there are less commonly discussed legal aspects that can significantly impact the success and sustainability of M&A deals. This article will delve into the often-overlooked realms of intellectual property (IP) issues and industry-specific regulatory compliance.

M&A 59
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Thinking of Selling Your Business? Why You Need a Sell-Side Quality of Earnings Report

Chesapeake Corporate Advisors

This article was originally published on December 1, 2023 on the I-95 Business website. If you are considering selling the business you have worked hard to build, you want a smooth sale process and an optimal outcome. One vital tool that can help you achieve both goals is a sell-side Quality of Earnings (QofE) report. Why You Need a Sell-Side QofE When Selling Your Business At a high level, a sell-side QofE report analyzes and validates your business’s profitability, assessing both revenue and

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Different Types of Electronic Payment Systems: Pros and Cons

Razorpay

E-payments, or Digital Payments, refer to online transactions between the payer and payee using digital methods. These payments facilitate instant money transfers from the comfort of your home, making them convenient and hassle-free. There are various types of electronic payment systems available. Debit and credit cards are commonly used for online transactions.