Wed.Jan 24, 2024

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HSR Act Threshold Update

JD Supra: Mergers

On January 22, 2024, the Federal Trade Commission (FTC) announced the Revised Jurisdictional Thresholds for Section 7A of the Clayton Act to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act).

Trading 182
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Algorithmic trading: Smarter than ever?

The TRADE

In the dynamic realm of the financial markets, the introduction of technology has proven to be a catalyst for transformative change, overhauling existing trading strategies. Among the wide range of advancements, algorithmic trading has revolutionised how financial instruments are bought and sold. As markets become increasingly complex and interconnected, the need for speed, precision, and automation has become paramount.

Trading 127
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FTC Increases the HSR Reporting Thresholds, Filing Fees and Thresholds, and Maximum Civil Penalties for 2024

JD Supra: Mergers

The Federal Trade Commission (FTC) has now announced the adjusted Hart-Scott-Rodino (HSR) thresholds, filing fees and thresholds, and civil monetary penalties for the new year. The HSR Act requires parties to certain mergers, acquisitions, joint ventures, consolidations, and other transactions to file premerger notification and report forms with the FTC and the Antitrust Division of the U.S.

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Del. Chancery Clarifies Fiduciary Duties of Controllers

Deal Lawyers

Yesterday, Vice Chancellor Laster issued a 119-page post-trial opinion in In re Sears Hometown and Outlet Stores, Inc. Stockholder Litigation (Del. Ch.; 1/24) clarifying the standard of conduct and standard of review applicable to a controller’s exercise of stockholder voting power.

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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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DOJ Emphasizes Importance of Antitrust Compliance Programs for HR Professionals

JD Supra: Mergers

The US Department of Justice’s Antitrust Division recently stated that antitrust compliance programs must include training for human resources professionals on issues such as wage-fixing and no-poach agreements in order to be considered “effective.” Whether an antitrust compliance program is considered effective is important because DOJ will decline to prosecute certain conduct in some cases or will reduce penalties for companies found to have effective antitrust compliance programs.

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Converting an LLC to an S Corporation: A Mistake Waiting to Happen

JD Supra: Mergers

Limited liability companies (LLCs) offer significant tax flexibility – for one thing they can elect to be treated as disregarded entities, partnerships, C corporations, or S corporations, and can even shift between those tax classifications. Some advisors will suggest changing an LLC’s tax treatment from a partnership to an S corporation (the “Conversion”) for employment tax benefits and to avoid the extremely complicated partnership tax rules, but the Conversion contains significant traps that.

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Cisco U. Wins Silver at Prestigious Awards

Cisco: M&A

When Cisco U. was released for general availability last year, we quickly realized we had developed an experience that was built around the user. But more than that, Cisco U.

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Amidst Ongoing Regulatory Scrutiny, Washington AG Files First Lawsuit to Block Merger of State’s Largest Supermarkets

JD Supra: Mergers

On January 15, Washington Attorney General (AG) Bob Ferguson filed a complaint in King County Superior Court, seeking to block the merger of The Kroger Co. (Kroger) with its supermarket competitor, Albertsons Companies, Inc. (Albertsons).

Mergers 177
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Eli Lilly's Zepbound is off to a strong start, but here's what needs to happen to push shares higher

CNBC: Investing

Investors will be tuning into the company's fourth quarter earnings call on Feb. 6, eager to hear more about how the rollout of Zepbound is going.

Investors 106
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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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2024 HSR Filing Thresholds and Filing Fees Announced; 2024 Interlocking Directorate Thresholds Announced

JD Supra: Mergers

On Jan. 22, the FTC announced the 2024 filing thresholds under the HSR Act, as well as the 2024 filing fees. The new thresholds will be published in the Federal Register in the coming days.

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Private equity-backed Lemay merges with Fusion Énergie

PE Hub

Fusion Énergie is a Laval, Quebec-based provider of energy saving and control tools. The post Private equity-backed Lemay merges with Fusion Énergie appeared first on PE Hub.

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Annual HSR Threshold Adjustments Announced for 2024

JD Supra: Mergers

FTC adjusts the Hart-Scott-Rodino Act size thresholds, raising the minimum size for reportable acquisitions to $119.5 million. On January 22, 2024, the Federal Trade Commission (FTC) announced new jurisdictional thresholds for the Hart-Scott-Rodino Act (HSR). The FTC is required to adjust the thresholds annually based on the change in gross national product.

Trading 167
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Forget the 'Magnificent 7,' these Nasdaq stocks are next in line to lead rally, according to the charts

CNBC: Investing

We know all about the Nasdaq-100 index and the 'Magnificent 7' hype lately, what about the stocks next in line?

Stock 110
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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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2024 HSR Thresholds Announced: $119.5 million

JD Supra: Mergers

As required by the HSR Act, on January 22, 2024, the U.S. Federal Trade Commission (“FTC”) released its annual adjustments to the reporting thresholds and filing fees. The key number to remember is now $119.5 million.

Trading 167
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Telegraph takeover: UK government intends to order new investigation into deal

The Guardian: Mergers & Acquisitions

Move follows last-minute change in corporate structure of Barclay family’s UAE-backed consortium The government has said it intends to launch a second investigation into the Barclay family’s complex deal to transfer control of the Telegraph, after its UAE-backed consortium partner revealed a last-minute corporate structure change that has raised public interest concerns.

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HSR Size-of-Transaction Threshold to Increase to $119.5 Million

JD Supra: Mergers

On January 22, 2024, the Federal Trade Commission (FTC) announced revised thresholds for merger notifications under the Hart-Scott-Rodino (HSR) Act. Effective 30 days after the official publication date in the Federal Register, the lowest size-of-transaction filing threshold (also known as the “$50 million threshold”) will increase from the current $111.4 million to $119.5 million.

Mergers 167
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Have you ever been inspired by a teacher?

Cisco: M&A

January 24 is the International Day of Education , celebrating what the United Nations describes as a “fundamental human right” and “the bedrock of societies, economies, and every person’s potenti… Read more on Cisco Blogs

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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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FTC Announces 2024 Thresholds Under HSR Act

JD Supra: Mergers

The Federal Trade Commission announced the annual revised thresholds for merger notifications under the Hart Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”). The thresholds are revised annually based on changes in U.S. gross national product.

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HGGC and Wealth Partners Capital Group back investment advisor True North

PE Hub

True North's management team will remain majority shareholders in the company. The post HGGC and Wealth Partners Capital Group back investment advisor True North appeared first on PE Hub.

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Minimum HSR Reporting Threshold Reaches All-Time High of US$119.5 Million

JD Supra: Mergers

Tracking the economy’s continued growth and the resulting increase in GNP, the HSR filing thresholds increased by about 7.3 percent. The new minimum size-of-transaction threshold increased from US$111.4 million to US$119.5 million.

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Empowering Future Generations for a Secure Digital Future

Cisco: M&A

In an era where technology permeates every aspect of our lives, ensuring a secure digital future for future generations has become a key concern.

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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 New Increased HSR Filing Thresholds for 2024

JD Supra: Mergers

On January 22, 2024, the Federal Trade Commission (FTC) published new, higher notification thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”). The HSR Act requires the FTC to adjust the thresholds annually to reflect changes in U.S. gross national product.

Trading 167
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Tesla gets a sell rating ahead of earnings on concern about EV oversupply

CNBC: Investing

Tesla will face free cash flow pressure moving forward as the company focuses on volume growth, according to Redburn Atlantic.

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New HSR and interlocking directorate thresholds announced for 2024

JD Supra: Mergers

On January 22, 2024, the Federal Trade Commission (FTC) announced the annual jurisdictional adjustments for premerger notification filings made pursuant to Section 7A of the Clayton Act, known as the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). The FTC also published an updated HSR filing fee schedule. The new filing thresholds and fees for HSR notification will become effective 30 days after publication in the Federal Register (anticipated to be effective in late February).

Trading 167
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Chip stocks are driving the new bull market. These ETFs tracking them have key differences

CNBC: Investing

The five-biggest non-levered chip sector funds all track different indexes, leading to big differences in their exposure to Nvidia.

Funds 103
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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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FTC Announces Increased HSR Thresholds for 2024

JD Supra: Mergers

The Federal Trade Commission (FTC) announced Jan. 22 annual revisions to the applicable thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act). These revisions will apply to all transactions closing on or after Feb. 21. By: Miles & Stockbridge P.C.

Trading 167
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Beware these possible earnings blow-ups this reporting season, according to Wolfe Research

CNBC: Investing

These companies with low-quality earnings are likely to let investors down this reporting season, the equity researcher said.

Equities 104
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FTC Announces 2024 Hart-Scott-Rodino Premerger Filing Thresholds

JD Supra: Mergers

On Jan. 22, 2024, the Federal Trade Commission (FTC) announced new premerger filing thresholds under the Hart-Scott-Rodino Act (HSR Act) and new filing fee thresholds under the Merger Filing Fee Modernization Act of 2022. The HSR Act generally requires parties in mergers clearing certain thresholds to notify the FTC and the Antitrust Division of the U.S.

Mergers 167