JD Supra: Mergers

OCTOBER 22, 2024

On September 13, 2024, in the Federal Register, the Treasury and IRS published proposed regulations implementing the corporate alternative minimum tax (“CAMT”). Its 182 pages (including 62 pages of preamble) describe a parallel corporate tax system that largely draws from existing rules governing financial and tax accounting, but that may be unfamiliar to experts in each by its combination of the two.

Corporation 278

Corporation Accountant Government IT 278

Beyond M&A

OCTOBER 22, 2024

Whilst my audience tends to be for investors, this one is for the tech community, CTOs, CIOS. Anyone who has been recently told they need to ‘undertake Technology Due Diligence’ and need some guidance on general areas to assess, We often get calls from people who’ve just been told their firm is acquiring a new company, and they’ve suddenly become responsible for the technology acquisition.

M&A 130

M&A Mergers and Acquisitions Architecture Debt 130

JD Supra: Mergers

OCTOBER 22, 2024

On Oct. 10, the Federal Trade Commission, with the concurrence of the Antitrust Division of the Department of Justice, issued a final rule amending the rules that implement the Hart-Scott-Rodino Antitrust Improvements Act and the related premerger notification forms and instructions. The final rule expands the scope of information and documents required to be disclosed for reportable transactions under the HSR Act.

Trading 182

Trading 182

Deal Lawyers

OCTOBER 22, 2024

Earlier this year, the Chancery Court held that a standard contractual integration clause was insufficient to bar claims premised on a buyer’s alleged assurances to assist in growing the target’s business post-closing. Last week, in Cytotheryx, Inc. v. Castle Creek Biosciences, (Del. Ch.

Business 113

Business 113

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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

OCTOBER 22, 2024

The House of Commons has published a written statement by Tulip Siddiq, Economic Secretary to HM Treasury, on the status of reforms to the bank ring-fencing regime. Ms Siddiq states that the U.K. Government will implement a package of reforms as soon as parliamentary time allows. The reforms will aim to improve competition and competitiveness in the U.K. banking sector and support economic growth, while maintaining financial stability.

Banking 172

Banking Bank Economics Government 172

JD Supra: Mergers

OCTOBER 22, 2024

In recent months, the Delaware Court of Chancery has decided four significant cases regarding merger agreement earnout provisions. Most notably, in one of the largest judgments ever awarded by the Court, it found Johnson & Johnson (“J&J”) liable for breaches of a merger agreement’s earnout provisions that entitled the plaintiff to damages exceeding $1 billion.

Mergers 172

Mergers IT 172

CNBC: Investing

OCTOBER 22, 2024

The founder of Tudor Investment and Robin Hood Foundation said he worries about the trajectory of the U.S. debt.

Debt 139

Debt Funds Investment 139

JD Supra: Mergers

OCTOBER 22, 2024

Les transitions effectuées au sein des équipes de direction dans le cadre d’opérations de fusions et acquisitions (« F&A ») peuvent poser de nombreux défis juridiques et financiers relativement à la rémunération des hauts dirigeants. Les sociétés parties à une F&A doivent notamment décider comment traiter les incitatifs fondés sur des titres de capitaux propres en place et composer avec d’éventuelles incidences fiscales complexes, tout en prenant en compte diverses considérations liées a

Acquisitions 172

Acquisitions 172

CNBC: Investing

OCTOBER 22, 2024

The S&P 500 and the 30-stock Dow posted back-to-back losses on Tuesday, while the Nasdaq outperformed. Here's what CNBC is watching going into Wednesday.

S&P 116

S&P Stock Trading 116

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

OCTOBER 22, 2024

The EU’s Foreign Subsidies Regulation (FSR) allows the European Commission (EC) to investigate and remedy subsidies received from non-European countries that distort the EU internal market. As the FSR marks its inaugural year of application, this briefing reports on key trends emerging from the initial deployment of the tool. For a more detailed summary of the legislation, see our 17 July 2023 client alert “EU Foreign Subsidies Regulation Goes Live: Key Implications for M&A Transactions”.

M&A 167

M&A IT 167

CNBC: Investing

OCTOBER 22, 2024

The goal of the new iShares AI Innovation & Tech Active ETF is to adapt as AI develops, according to the portfolio manager.

Portfolio Management 118

Portfolio Management Portfolio Trading Funds 118

JD Supra: Mergers

OCTOBER 22, 2024

Fiserv’s journey to obtain a Merchant Acquirer Limited Purpose Bank (“MALPB”) charter in Georgia stands out for its speed and efficiency. After submitting its application in January 2024, Fiserv received its charter on October 4, 2024, in just under 10 months — an impressive turnaround compared to the typical 12-18 months seen in other states for similar regulatory approvals.

Banking 167

Banking Bank IT 167

Cisco: M&A

OCTOBER 22, 2024

Discover key insights from the SOC Findings Report at RSA Conference 2024, co-released by Cisco and NetWitness for Cybersecurity Awareness Month.

Securities 75

Securities 75

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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

OCTOBER 22, 2024

On October 10, 2024, the Federal Trade Commission (FTC) announced a unanimous 5-0 vote to finalize changes to the Hart-Scott-Rodino (HSR) premerger notification program, including changes to the HSR form and associated instructions, with the Department of Justice (DOJ) concurring with the final rule. Under the HSR Act, parties to transactions are required to notify the FTC and DOJ of most transactions valued above the size-of-transaction thresholds – currently $119.5 million – and observe a.

Trading 167

Trading 167

Global Newswire by Notified: M&A

OCTOBER 22, 2024

Acquisition creates a leading, clinical-stage company focused on the development of gene therapy treatments for rare inherited retinal degenerations New.

Acquisitions 81

Acquisitions 81

JD Supra: Mergers

OCTOBER 22, 2024

Search Funds should consider the availability of the tax benefits of Section 1202 in connection with their acquisitions. The upside, if properly structured, can be significant. Section 1202 has gained popularity likely due to the significant decrease in the C corporation income tax rate enacted in 2017, in turn significantly reducing the cost of double taxation in such business structures.

Funds 161

Funds Business Stock Corporation 161

CNBC: Investing

OCTOBER 22, 2024

Todd Gordon breaks down the charts on music streaming stock.

Stock 124

Stock 124

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

JD Supra: Mergers

OCTOBER 22, 2024

The Delaware Supreme Court’s recent decision in In re Match Group, Inc. Derivative Litigation (April 4, 2024) addressed two issues of significance to transactions of Delaware corporations involving their controlling shareholders.

Corporation 161

Corporation 161

CNBC: Investing

OCTOBER 22, 2024

Markets were under pressure again on Tuesday as surging rates made investors uneasy.

Investors 113

Investors 113

JD Supra: Mergers

OCTOBER 22, 2024

In Trifecta Multimedia Holdings v. WCG Clinical Services, the Delaware Court of Chancery analyzed claims related to an M&A transaction involving an earn-out component. Earn-outs are a common feature of M&A transactions and purchase agreements, whereby a portion of the purchase price is contingent upon the earnings of the business following the transaction.

M&A 155

M&A Business 155

The TRADE

OCTOBER 22, 2024

Mark Cleary has joined GBM Securities as managing director, head of equities following two and a half years at BCS Global Markets in the same role. Before moving to BCS Global Markets, Cleary was managing director, head of sales trading at BCS Financial Group. London-based Cleary has extensive experience working in trading positions. He previously served as head international sales trader at Otkritie Securities, and before that held sales trading roles at VTB Capital and Renaissance Capital.

Equities 62

Equities Sale Trading Capital 62

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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

European Investment Bank

OCTOBER 22, 2024

EU firms weathered recent shocks, such as the energy crisis, relatively well. But tougher economic conditions are starting to weigh on firms’ willingness to invest. The share of firms expecting to increase rather than decrease investment halved in 2024, falling to a net balance of 7% from 14% in 2023. The outlook for the future is mixed. The 2024 edition of the EIB Investment Survey, which collects data for around 13 000 firms in the European Union, finds that, on balance, businesses are worried

Investment 59

Investment Economics Business Shares 59

The TRADE

OCTOBER 22, 2024

UK-based asset manager Artemis has selected Northern Trust to provide outsourced trading services for its equities and derivatives activity, effective January 2025. The active investment house with $33 billion offers a range of funds that invest in the UK, Europe, the US and around the world, and selected Northern Trust for a range of asset services earlier this year.

Investment Manager 62

Investment Manager Equities Trading Management 62

CNBC: Investing

OCTOBER 22, 2024

Multiple factors are driving the market's recent run, and it's not just the Nov. 5 election that's lifting shares.

IT 103

IT Shares 103

The TRADE

OCTOBER 22, 2024

Centralised trading venue OptAxe has received FCA authorisation to operate a multilateral trading facility (MTF) for axe-driven FX options trading. Chris Jackson, Yorke O’Leary OptAxe stated that it is launching the new venue to address fundamental shortcomings in FX options trading. According to the firm, increased fragmentation in FX trading now presents substantial position distribution and coverage challenges, and places constraints on effective price discovery and execution options.

Trading 62

Trading Business IT 62

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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

The New York Times: Banking

OCTOBER 22, 2024

The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.

IT 70

IT Financial Institution Bank Banking 70

The TRADE

OCTOBER 22, 2024

The Investment Association (IA) has concluded that the UK, EU and Switzerland should transition to T+1 settlement on a date in Autumn 2026 after gathering views from its members. Described as “the average positioning of IA member firms’ views”, the timeline put forward is one of the more aggressive, with most task forces and associations more on board with 2027.

Asset Management 57

Asset Management Management Trading Capital Market 57

CNBC: Investing

OCTOBER 22, 2024

The combination of higher yields and the expected cooling supply post-election should help municipal bonds' strong performance later this year, per UBS.

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