Sat.May 04, 2024 - Fri.May 10, 2024

article thumbnail

DocuSign acquires AI-powered contract management firm Lexion

TechCrunch: M&A

As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign (which now prefers to go by Docusign, with a lowercase “S,” a PR rep from the company tells me) announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments […] © 2024 TechCrunch.

article thumbnail

[Audio] Episode 319 -- Deep Dive into SCG Plastics' $20 Million Settlement with OFAC for Violations of the Iran Sanctions Program

JD Supra: Mergers

OFAC is capable of extending a long-arm of enforcement, reaching sometimes non-U.S. companies that may “cause” another company to violate U.S. Sanctions laws. If you need to find an example of this long reach, look no further than OFAC’s recent settlement with SCG Plastics (“SCG”), in which SCG, a Thailand company, which sells plastic resins, agreed to pay $20 million for violations of the Iran Sanctions Program.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How 401(k) Drives Inequality

The New York Times: Banking

How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.

article thumbnail

Sony and Apollo’s Plan for Paramount: Break It Up

The New York Times: Mergers, Acquisitions and Dive

CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie studio.

IT 145
article thumbnail

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?

article thumbnail

Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse

TechCrunch: M&A

A dust-up between Evolve Bank & Trust, Mercury and Synapse has led TabaPay to abandon its acquisition plans of troubled banking-as-a-service startup Synapse. © 2024 TechCrunch. All rights reserved. For personal use only.

Bank 316
article thumbnail

UK Tax Round Up - April 2024

JD Supra: Mergers

Welcome to April’s edition of our UK Tax Round Up. This month has seen a number of interesting decisions covering the application of the transfer pricing rules and the unallowable purpose test to an intragroup financing arrangement, whether interest paid on intragroup loans was “yearly” and the recipient was “beneficially entitled” to it and on the approach that should be taken by the courts in constructing the hypothetical contract required to ascertain whether an individual should be treated.

Finance 192

More Trending

article thumbnail

Sony and Apollo in Talks to Acquire Paramount

The New York Times: Mergers, Acquisitions and Dive

After letting exclusive talks with the movie studio Skydance lapse, Paramount’s directors met over the weekend and decided to negotiate with all the suitors.

article thumbnail

Judge Blocks New U.S. Rule Limiting Credit Card Late Fees

The New York Times: Banking

Set to take effect on Tuesday, the rule would save households $10 billion a year in “junk fees,” the Consumer Financial Protection Bureau said.

article thumbnail

The FTC Requests More Info About Walmart’s $2.3 Billion Vizio Acquisition

JD Supra: Mergers

The deal is about data, advertising, and Amazon. The Federal Trade Commission (FTC) has kicked off an antitrust inquiry into Walmart Inc.’s proposed acquisition of smart TV company Vizio Inc., which the companies announced in February at a value of $2.3 billion.

article thumbnail

Berkshire cuts Apple investment by about 13%, Buffett hints that it's for tax reasons

CNBC: Investing

Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.

IT 145
article thumbnail

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.

article thumbnail

Would Paramount Bidders Break It Up?

The New York Times: Mergers, Acquisitions and Dive

If Sony and Apollo Global win the fight to buy the media company, they plan to keep the studio business and sell everything else.

Media 139
article thumbnail

AI: Using Natural Language Processing to Predict M&A Participants

Deal Lawyers

This recent SSC/Intralinks blog discusses how natural language processing (NLP), an AI-powered machine learning technology, may be about to transform M&A.

M&A 133
article thumbnail

Public Company Watch: April 2024

JD Supra: Mergers

In the April edition of our Public Company Watch, we cover key issues impacting public companies, including the SEC’s recent enforcement action regarding “AI Washing,” the SEC’s recent shadow trading case, proposed amendments to the DGCL in response to recent decisions in the Delaware Chancery Court, the ban on non-compete agreements issued by the FTC and other regulatory developments, among other topics.

Trading 188
article thumbnail

Warren Buffett says AI scamming will be the next big 'growth industry'

CNBC: Investing

Artificial intelligence has both "enormous potential for good and enormous potential for harm," the investing guru said during Berkshire's annual meeting.

article thumbnail

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.

article thumbnail

Why Higher Fed Rates Are Not Totally Off the Table

The New York Times: Banking

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.

article thumbnail

Private Equity: It Didn’t Start When We Think It Did

Deal Lawyers

If you’ve been reading this blog for a while, you know I’ve got a soft spot for M&A history. That’s why this CLS Blue Sky Blog discussing a new article on the history of private equity caught my eye.

article thumbnail

How Founders Can Get Paid (and Keep the Cash): A Practical Guide

JD Supra: Mergers

Understanding market trends and effective planning strategies can yield improved financial results for start-ups and growth companies. Starting your start-up. What type of entity you form impacts your taxes, which hits your bank account both immediately (quarterly taxes) and in the long term (at exit). A C Corporation(c-corp) is taxed on income (currently at historically low rates), and if income is paid to shareholders (as dividends), shareholders are also taxed.

article thumbnail

Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'

CNBC: Investing

"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money.

IT 145
article thumbnail

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.

article thumbnail

Building Bridges, Closing Deals: Mastering Rapport & Zero Down Strategies w/ Matt Bodnar

How2Exit

b' E209: Building Bridges, Closing Deals: Mastering Rapport & Zero Down Strategies w/ Matt Bodnar - Watch Here rn rn About the Guest(s): rn Matt Bodnar is recognized as a rising star in the mergers and acquisitions space. With a background that includes working at Goldman Sachs and building his expertise in finance and deals, Matt transitioned into entrepreneurship by purchasing his first IT service business shortly after college.

article thumbnail

Antitrust: FTC Votes Proposed Exxon Director Off the Island

Deal Lawyers

Earlier this week, the FTC entered into a consent decree with ExxonMobil allowing the company’s proposed acquisition of Pioneer Natural Resources to move forward. However, the FTC’s order included a novel term prohibiting ExxonMobil from honoring a commitment to appoint Pioneer’s founder and former CEO to its board.

article thumbnail

Is Your Compliance House In Order? Tips for Ensuring Private Equity and Portfolio Company Compliance in the Wake of the Recent Request for Information

JD Supra: Mergers

The recent Request for Information by the Federal Trade Commission (FTC), Department of Justice (DOJ) and Department of Health and Human Services (HHS) seeking input on the effects of private equity (PE) investment in the healthcare sector underscores the importance of an effective compliance program. The best way to limit your exposure as a PE firm is to avoid a compliance misstep in the first place.

article thumbnail

AI needs to keep cool—literally. That's driving demand for these infrastructure companies

CNBC: Investing

The advent of AI has sent demand for data centers skyrocketing, along with industrial components to keep all the AI chips from overheating.

142
142
article thumbnail

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.

article thumbnail

Strategic Real Estate: Mergers, Acquisitions, and Business Roll-Ups for Maximum Return

How2Exit

b' E210: Strategic Real Estate: Mergers, Acquisitions, and Business Roll-Ups for Maximum Return - Watch Here rn rn About the Guest(s): rn Dan Taylor is an experienced professional specializing in real estate strategies that set him apart from conventional practices. He brings a wealth of knowledge in mergers, acquisitions, and business ownership, blending his passion for deal-making with real-life experiences to create a thriving career.

article thumbnail

7th Cir. Fires Another Shot at Mootness Fee Awards

Deal Lawyers

The 7th Circuit was one of the first federal courts to take a dubious view of mootness fee awards in M&A disclosure litigation, and its decision last month in Alcarez v. Akorn, (7th. Cir; 4/24), suggests that the Court’s views haven’t mellowed with time.

M&A 124
article thumbnail

AI and Tech in M&A: What to know about AI and tech advancements in M&A due diligence

JD Supra: Mergers

Many law firms have changed their transaction management processes significantly with recent advancements in technology, especially the development of artificial intelligence. AI and technology innovations have aided deal lawyers in various ways, but most commonly it’s being used in connection with contract review and dynamic closing checklists. Originally published in Smart Business - May 2024.

M&A 171
article thumbnail

Bitcoin price may not retest this year's highs for another five months

CNBC: Investing

The summer doldrums may have come early for bitcoin after its sharp rally earlier this year.

IT 137
article thumbnail

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.

article thumbnail

Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial

The New York Times: Banking

The hedge fund is accused of borrowing money from banks to buy stocks.

Funds 116
article thumbnail

“Deja Vu All Over Again”: Delaware Supreme Court Overrules Chancery on Disclosure of Advisor Conflicts

Deal Lawyers

The Delaware Supreme Court doesn’t appear to be seeing eye-to-eye with the Chancery Court when it comes to disclosure of advisor conflicts.

IT 113
article thumbnail

FTC Pioneers Novel Remedies in the Exxon/Pioneer Merger

JD Supra: Mergers

On May 2, 2024, the Federal Trade Commission (FTC) announced a consent order in the matter of Exxon Mobil Corporation’s (Exxon) acquisition of Pioneer Natural Resources (Pioneer). The consent order is unusual in that the sole remedy obtained by the FTC is a prohibition on certain appointments to Exxon’s Board of Directors (Board) post-merger. The FTC alleges that the bans instituted by the consent decree “limit[] the likelihood of coordination in crude oil markets.

Mergers 171
article thumbnail

Druckenmiller says he bought five Argentinian stocks, praises Javier Milei's policies

CNBC: Investing

The billionaire investor said Argentina's new president is "the only free market leader in the world.

Stock 131
article thumbnail

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?