JD Supra: Mergers

SEPTEMBER 17, 2024

The US Department of Justice (DOJ) filed a complaint and proposed consent decree alleging that Legends Hospitality Parent Holdings prematurely acquired beneficial ownership – often referred to as “gun jumping” – in connection with its proposed acquisition of ASM Global. The proposed final judgment requires Legends, a global venue services company providing food and beverage services in stadiums and other venues, to pay a $3.

Hospitality 278

Hospitality Food Acquisitions IT 278

TechCrunch: M&A

SEPTEMBER 17, 2024

Workday announced on Tuesday that it’s acquiring Evisort, an AI-powered contract management platform, for an undisclosed amount. In a statement, Terrance Wampler, group general manager at Workday, said that Evisort’s tech will enable Workday to add a range of AI-powered document processing tools to its existing finance and HR software. “Evisort will help us deliver […] © 2024 TechCrunch.

Finance 241

Finance Finance Management IT 241

JD Supra: Mergers

SEPTEMBER 17, 2024

Collusion among rivals has long been considered the “supreme evil of antitrust.” It is not surprising, therefore, that antitrust scrutiny was applied to one hospital’s decision to employ the Chief Executive Officer of its only competing hospital while the CEO still remained employed by the competitor, without any effort to integrate the hospitals clinically or financially or any effort to implement effective screening measures to protect against the sharing of competitively sensitive.

Hospitality 277

Hospitality Shares IT 277

Beyond M&A

SEPTEMBER 17, 2024

There’s a clear difference between firms that are well-prepared and open during due diligence preparation and those that are reactive and guarded. A company’s readiness can significantly impact how smoothly the due diligence process unfolds. Preparing for due diligence is like convincing kids to do their homework—they know they should, but it often feels tedious without a genuine sense of urgency or interest.

Investors 130

Investors M&A Management IT 130

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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?

Business

JD Supra: Mergers

SEPTEMBER 17, 2024

Fall is fast approaching, so most major US public companies have held their 2024 annual meetings. But, while temperatures are sure to cool in the coming months, the same can no longer be said for the shareholder activism environment. Originally published by CorpGov, September 12, 2024.

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JD Supra: Mergers

SEPTEMBER 17, 2024

The Small Business Administration ("SBA") recently issued a proposed rule that changes the effect of a concern's size recertification following mergers and acquisitions ("M&A") activity. Notably, the proposed rule is ostensibly an omnibus proposal as it covers a host of issues under SBA's socio-economic contracting programs. The proposed rule, for example, includes changes to SBA's negative control affiliation provisions (discussed here), joint venture rules, mentor-protégé rules, and others

M&A 182

M&A Mergers and Acquisitions Business Economics 182

The New York Times: Mergers, Acquisitions and Dive

SEPTEMBER 17, 2024

The airlines agreed to maintain some routes and meet other conditions to secure the Transportation Department’s approval of their merger.

Transportation 127

Transportation Mergers Securities Mergers and Acquisitions 127

JD Supra: Mergers

SEPTEMBER 17, 2024

Data privacy and security risk and compliance issues relating to exchanges of personal information during merger, acquisition, and similar transactions can sometimes be overlooked. In 2023, we summarized an enforcement action resulting in a $400,000 settlement following a data breach that affected personal information obtained during a transaction. By: Jackson Lewis P.C.

Mergers and Acquisitions 182

Mergers and Acquisitions M&A Mergers Acquisitions 182

CNBC: Investing

SEPTEMBER 17, 2024

Investors can look at these stocks as strong plays amid the upcoming rate-cutting cycle — and also as reliable hedge against any economic slowdown.

Stock 109

Stock Economics Investors 109

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.

Bank

JD Supra: Mergers

SEPTEMBER 17, 2024

Summary: Understanding the context of the Chevron doctrine decision is important to prepare for the unpredictability of antitrust enforcement. Our recommendations for in-house counsel help to jumpstart your game plan.

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The New York Times: Mergers, Acquisitions and Dive

SEPTEMBER 17, 2024

The Observer, first published in 1791, could be bought by Tortoise Media, an outlet founded by a British media veteran that began publishing in 2019.

Media 107

Media Mergers and Acquisitions Acquisitions Mergers 107

JD Supra: Mergers

SEPTEMBER 17, 2024

Investment in the healthcare industry requires careful consideration, as it involves numerous distinct areas of the law. Venable's Private Equity Investment in Healthcare webinar series explores the unique issues and timely developments that shape deals within the industry.

Healthcare 177

Healthcare Private Equity Equities Investment 177

The New York Times: Banking

SEPTEMBER 17, 2024

U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.

Financial Institution 110

Financial Institution Government Economics Banking 110

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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.

IT

JD Supra: Mergers

SEPTEMBER 17, 2024

In Wagner v. BRP Group Inc., the Delaware Court of Chancery further developed its jurisprudence regarding the validity of stockholders agreements that vest significant control rights in minority stockholders instead of a corporation’s board of directors. The court, applying and extending the reasoning in its opinion in Moelis & Co. earlier this year, found that certain pre-approval rights vested in a corporation’s founder pursuant to a stockholders agreement were invalid under Sections 142 a

IT 167

IT 167

CNBC: Investing

SEPTEMBER 17, 2024

The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72.

Trading 98

Trading Funds Investors Investment 98

JD Supra: Mergers

SEPTEMBER 17, 2024

Last week, Chromocell Therapeutics Corporation filed preliminary proxy materials that included a proposal to reincorporate in Nevada. Rather than convert, the company is proposing to effect the reincorporation by means of a merger with and into a wholly-owned subsidiary of the Company. The proposal also contemplates a simultaneous name change to “Channel Therapeutics Corporation”.

Public Trading 167

Public Trading Trading Corporation Stock 167

Global Newswire by Notified: M&A

SEPTEMBER 17, 2024

Two of Houston’s Strongest Credit Unions Will Merge Their Resources to Better Serve Their Members Two of Houston’s Strongest Credit Unions Will Merge Their Resources to Better Serve Their Members

Mergers 78

Mergers 78

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.

Finance

The TRADE

SEPTEMBER 17, 2024

State Street has launched a new decision augmentation tool leveraging BestX transaction cost analysis and its FX Connect trading platform to optimise clients trade execution. Named BestXecutor, the new tool offers FX Connect clients actionable pre-trade analytics to optimise request-for-stream and algo execution, embedded into a client’s FX Connect workflow and integrated with its GlobalLink Digital platform.

Trading 71

Trading IT 71

CNBC: Investing

SEPTEMBER 17, 2024

The S&P 500 and the 30-stock Dow touched fresh all-time highs before closing near the flatline on Tuesday. Here's what CNBC is watching going into Wednesday.

S&P 74

S&P Stock Trading 74

The TRADE

SEPTEMBER 17, 2024

Standard Chartered’s innovation, fintech investment and ventures arm SC Ventures has made a strategic investment in European crypto-assert exchange One Trading. Joshua Barraclough, founder and chief executive at One Trading This latest round saw existing investor MiddleGame Ventures increase its stake in One Trading, while Valar and SpeedInvest also participated.

Trading 63

Trading Investment Investors Financial Market 63

CNBC: Investing

SEPTEMBER 17, 2024

The central bank's highly anticipated rate decision is due Wednesday, and money market funds' yields are about to take a hit.

Funds 84

Funds Investment Bank Banking 84

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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.

Manufacturing

The TRADE

SEPTEMBER 17, 2024

Euronext has acquired Substantive Research in its entirety as the group looks to enhance its investor services segment. London-headquartered Substantive Research provides research and market data benchmarking to more than 100 global clients across Europe and North America. Speaking about the deal, Mike Carrodus, founder and chief executive of Substantive Research, said: “Euronext’s acquisition of Substantive Research underlines our team’s hard work in creating a unique price benchmarking databas

Valuation 63

Valuation Asset Management Investors Management 63

The New York Times: Banking

SEPTEMBER 17, 2024

Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.

Bank 74

Bank Banking Funds Management 74

Razorpay

SEPTEMBER 17, 2024

Jupiter Money, a leading name in India’s neo-banking space, is on a mission to create a fully digital banking platform. With verticals spanning across lending, banking, investments, and personal financial management (PFM), Jupiter aims to redefine convenience for its customers. Known as the “All Things Money App,” Jupiter is committed to delivering seamless financial services in the digital age.

Bank 59

Bank Banking Financial Services Insurance 59

The TRADE

SEPTEMBER 17, 2024

The TRADE is excited to launch the digital edition of The TradeTechFX Daily , official magazine of TradeTechFX Europe, full to the brim with the latest industry news and exclusive interviews with buy-side speakers. Covering top stories from recent months, the important regulatory developments and key industry insights from buy-side speakers at the event, The TRADETechFX Daily can be accessed here.

Trading 58

Trading 58

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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.

Healthcare

CNBC: Investing

SEPTEMBER 17, 2024

As Wall Street gears up for potential rate cuts from the Fed this week, JPMorgan traders say a quarter-point cut may only exacerbate market uncertainty.

IT 68

IT Stock 68

The TRADE

SEPTEMBER 17, 2024

Kepler Cheuvreux has acquired a majority stake in ETF selection and analysis platform Trackinsight. Jean-Pierre Ané, deputy chief executive at Kepler Cheuvreux Following the completion of the transaction, the Trackinsight brand is set to be maintained and continue to operate independently as well as retaining its in-house teams. The move “reaffirms [Kepler’s] commitment to becoming the undisputed leader in the ETF sector,” said the firm.

Asset Management 58

Asset Management Financial Services Funds Portfolio 58

CNBC: Investing

SEPTEMBER 17, 2024

Wall Street analysts are still skeptical on Intel despite its latest moves aimed at righting the ship.

IT 82

IT 82