Fri.Oct 25, 2024

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It’s Spooky Season: HHS OCR Finalizes Two Investigations into Ransomware Incidents, Providing Nightmare Material for Acquiring Entities

JD Supra: Mergers

Before this year, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) resolved 70 breach investigations from which fines or civil monetary penalties were secured. Of those investigations, only one was triggered by a ransomware incident.

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“Understanding Activism” Podcast: David Farkas on Schedule 13F and Stock Surveillance Services

Deal Lawyers

In our latest “Understanding Activism with John & J.T.” podcast, my co-host J.T. Ho and I were joined by David Farkas, Head of Shareholder Intelligence in the US for Georgeson, to discuss Schedule 13F filings & stock surveillance services.

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What the New HSR Filing Requirements Mean for Your Future Reportable Deals

JD Supra: Mergers

On October 10, 2024, the Federal Trade Commission (FTC) released the final revised rules governing premerger notification filings under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act. The new HSR filing requirements will become effective 90 days after they are published in the Federal Register, which is expected in the coming days, and means they will likely become effective in late January 2025.

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Big Tech is creating a new market for small nuclear reactors — these stocks are ways to play it

CNBC: Investing

The outlook for small modular reactors is improving and the potential market is bigger than appreciated, according to Morgan Stanley.

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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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Antitrust in Focus - October 2024

JD Supra: Mergers

This newsletter is a summary of the antitrust developments we think are most interesting to your business. Roxane Hicheri (counsel based in Paris) and Mark Steenson (counsel based in London) are our editors this month. They have selected: Changes to U.S. Hart-Scott-Rodino rules and merger notification forms increase burden on filers - This month the U.S.

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Compare and Contrast: Key Differences Between the FTC’s Proposed Rule and Final Rule Amending Premerger Notification Requirements

JD Supra: Mergers

This white paper details the significant differences between the Federal Trade Commission’s Proposed Rule and recently issued Final Rule with respect to various premerger reporting requirements under the Hart-Scott-Rodino Act. On Oct. 10, 2024, the Federal Trade Commission (Commission), with the concurrence of the Antitrust Division of the Justice Department (the Agencies), issued its long-awaited Final Rule making major changes to the premerger notification rules that implement the.

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Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

The New York Times: Banking

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

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Department of Transportation imposes reward program conditions as part of Alaska Airlines, Hawaiian Airlines merger

JD Supra: Mergers

The Department of Transportation is allowing Alaska Airlines (“Alaska”) and Hawaiian Airlines (“Hawaiian”) to close their merger—as long as the airlines protect their passenger rewards program against devaluation and ensure that consumers will receive the benefits they have earned.

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Chart analyst Carter Worth breaks down his most important technical indicator

CNBC: Investing

There are many technical indicators for traders to choose from. For Carter Worth, there's one that stands out above all others.

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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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In-House Counsel in the Custodian Debate: Balancing Proportionality and Relevance

JD Supra: Mergers

In Dale v. Deutsche Telekom AG, Magistrate Judge Jeffrey Cole addressed a recurring issue in complex litigation—whether in-house counsel are appropriate custodians in discovery. The October 4, 2024 decision also highlights critical factors impacting the scope of custodianship under Rule 26, with proportionality playing a key role in curbing excessive discovery requests.

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How much equity should you give away when taking investment for growth?

Growth Business

By Michael Goodwin on Growth Business - Your gateway to entrepreneurial success Many entrepreneurs’ burning question when considering investment for growth is how much equity to give away. This decision is critical and often complex, requiring a delicate balance between securing the necessary capital while retaining future financial benefits and operational control.

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FTC Publishes Final Revisions to HSR Rules:  A New Era of Regulatory Burden

JD Supra: Mergers

On October 10, 2024, the Federal Trade Commission (“FTC”) released final revisions of the rules that govern filings under the Hart-Scott-Rodino (“HSR”) Antitrust Improvements Act of 1976, as amended (the “Final Rules”). The Final Rules will take effect 90 days after they are ultimately published in the Federal Register.

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How AI Will Help Empower SMB Cybersecurity

Cisco: M&A

Since large language models like ChatGPT have become mainstream, Artificial Intelligence (AI) and its role in our day-to-day are on everyone’s mind. Much of the attention around AI has been about its potential negative impacts on security.

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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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Joint Ventures in the UAE – Key considerations

JD Supra: Mergers

The UAE has emerged as a global hub for business and investment, attracting entrepreneurs and companies from around the world. One of the most effective strategies for entering this vibrant market is through the establishment of a venture with a local partner. A joint venture ("JV") allows two or more parties to collaborate on a specific project or business activity, pooling resources and expertise whilst sharing both risks and rewards.

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US market increasingly ready to embrace Alternative Trading Systems

The TRADE

As equity traders continue to seek ever more innovative ways to bolster their offerings, the rise of Alternative Trading Systems (ATSs) has followed – currently executing around 16% of all US equity volume. Jesse Forster When it comes to the industry’s opinion on “new innovative trading venues”, the latest Coalition Greenwich report found that an overwhelming 91% of both US low-touch brokers and their buy-side clients have between “a little” and “a lot&#

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FTC Voices Its Disagreement With Hospital Association in Final HSR Rule

JD Supra: Mergers

In June 2023, the Federal Trade Commission (Commission) proposed major changes to its premerger notification rules that implement the Hart-Scot-Rodino Act and impact a large swath of merger and acquisition transactions each year. At the same time, the Commission invited interested parties to submit comments to the proposed changes to assist it in finalizing the rules.

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A new ETF could disrupt the trillion-dollar money market fund industry. What to know

CNBC: Investing

Texas Capital launched a money market ETF last month, but some financial advisors are cautious about changing that part of their portfolio.

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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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Section 13 and 16 Developments: Lessons Learned from Recent SEC Enforcement Actions

JD Supra: Mergers

Over the past year, the U.S. Securities and Exchange Commission (“SEC”) has intensified its focus on beneficial ownership reporting under Sections 13(d), 13(g) and 16(a) of the Securities Exchange Act of 1934 (“Exchange Act”), as well as seemingly starting to focus on enforcement of reporting obligations under Sections 13(f) and 13(h) of the Exchange Act.

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JP Morgan taps Deutsche Bank for new FX options trader

The TRADE

JP Morgan has appointed John Roberts as a new FX options trader, based in New York. He joins the firm from Deutsche Bank where he served as a currency options trader. Prior to this, Roberts spent five and a half years at NatWest Markets, most recently serving as a FX derivatives trader. Elsewhere in his tenure at NatWest Markets, he worked as a US rates strategies.

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Learning Old Lessons From Recent Life Sciences Earnout Disputes: Above All Else, Words Matter

JD Supra: Mergers

There’s an old saying – “Sticks and stones may break my bones, but words will never hurt me.” While this mantra may help bruised egos on the playground, it’s of no use in M&A disputes. Three recent Delaware Court of Chancery rulings on earnout disputes demonstrate that the contractual post-closing obligations of the buyer (along with specific facts) may be outcome determinative in earnout litigation.

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Fireside Friday with… LSEG’s Emily Prince

The TRADE

What is the sentiment towards AI and is it changing ? It is an interesting question because t here is a broad spectrum of approaches across organi s atio ns. It fluctuates between those organisations that are leaning in and are on the front foot and those that a re watching carefully and are engaged but they have not yet put all of their chips on the table.

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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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Managing “Board”-dom: Transatlantic Companies and Non-Executive Directors

JD Supra: Mergers

Directors can play a key role in the success of start-ups and scale-ups in both the UK and the U.S. However, differences between legal frameworks and governance norms, as well as the experience and approach applied by directors in different jurisdictions, mean that the role, expectations, and benefits that come with these appointments can vary quite significantly.

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Digital Innovation: Transforming Banking Operations

Global Banking & Finance

A case study of creating operational excellence using the latest digital technology By Krishna Kumar, Business Head Australia, Newgen Software Technologies Pty Ltd In the prevailing era of the experience economy, online customer experience is paramount and determines better business outcomes for a bank. Digital transformation also means getting the technology mix right.

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Healthcare & Life Sciences Private Equity Deal Tracker: THL Acquires Red Nucleus

JD Supra: Mergers

Thomas H. Lee Partners (THL) has acquired Red Nucleus, according to a news release. Red Nucleus, founded in 1991 and based in Yardley, Pennsylvania, is a life sciences communication firm.

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Confirmation of terms and conditions - Unieuro

Global Newswire by Notified: M&A

PRESS RELEASE Ivry-sur-Seine, France — October 25, 2024, 3:30 p.m. CEST THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IN WHOLE OR IN.

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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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Mercedes to step up cost cuts after earnings halve

Global Banking & Finance

By Andrey Sychev (Reuters) -Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China, it said on Friday.

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Success of the Offer

Global Newswire by Notified: M&A

PRESS RELEASE Ivry-sur-Seine, France — October 25, 2024, 18:30 p.m. CEST THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IN WHOLE OR.

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Clear Street poaches metals traders from LME floor trader Sigma, sources

Global Banking & Finance

By Pratima Desai and Julian Luk LONDON (Reuters) – U.S. broker Clear Street, which is seeking membership of the London Metal Exchange’s (LME) open outcry trading floor, has poached three metal traders from Sigma Broking, two sources familiar with the matter said.

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