Sat.May 20, 2023 - Fri.May 26, 2023

article thumbnail

SPAC Litigation: A Review of Recent Developments

JD Supra: Mergers

In Short - SPAC Deals: Special purpose acquisition companies ("SPACs") boomed in 2020 as a means of taking early-stage private companies public. Following enhanced scrutiny from the Securities and Exchange Commission and the poor post-merger performance of many SPACs, the SPAC bubble burst in early 2021 as investors and dealmakers turned their attention elsewhere.

article thumbnail

Snowflake acquires Neeva to bring intelligent search to its cloud data management solution

TechCrunch: M&A

Snowflake is all about managing data in the cloud, whether as part of a structured data warehouse, or less structured data lake. Neeva , a search startup from two former Google employees, has been all about search, working on both a consumer and enterprise offering. Earlier this week, it announced that it was walking away from consumer search to concentrate on the enterprise.

Insiders

Sign Up for our Newsletter

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

article thumbnail

When Is A Good Time To Make A Move? The Emotions & Excuses To Battle When Deciding

H. Friedman Search

The time is never right and other excuses we tell ourselves when choosing whether or not it’s the right time to make a move. Isn’t it true? Today’s blog is going to explore the mental issues behind making a move. Transition is never easy. It’s not just that we are concerned about what we are leaving behind, but it’s also what the future holds for us.

article thumbnail

The Path to Success: How to Become an Investment Banker

OfficeHours

Investment banking is one of the most sought-after careers in the finance world. Investment banking is highly desirable due to its potential for high lifetime earnings, its interesting and impactful work, and it serves as a springboard for a career in finance. Getting your dream job as an investment banker typically requires a combination of education, relevant work experience, and networking.

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

Proactive Recommendations to Private Equity Sponsors During Debt Ceiling Uncertainty

JD Supra: Mergers

Like most other enterprises that raise and spend capital, the federal government finances its spending in part through the issuance of debt. The federal debt limit is the maximum amount of money that the federal government is allowed to borrow to meet its legislatively mandated spending obligations, as originally enshrined in the Second Liberty Bond Act of 1917.

Debt 143

More Trending

article thumbnail

9 Concepts We Can Learn About Raising Capital From How2Exit's Interview W/ Richard Luftig

How2Exit

9 Concepts We Can Learn About Raising Capital From How2Exit's Interview W/ Richard Luftig - Watch Here Here is what my team and I learned from this interview: (These are notes from team members, writers, sometimes AI, and even listeners who submitted what i learned loosely edited and shared here) - If it seems a bit unrefined, you're reading our notes, so. yeah.

Capital 130
article thumbnail

05-26-2023 Newsletter: Why It Makes Sense To Get PE Recruiting Done As Early As Possible

OfficeHours

Why It Makes Sense To Get PE Recruiting Done As Early As Possible Most would say that Private Equity recruiting happens far too early… This article was published on November 13, 2022. Connect with an OfficeHours coach for an update. Most would say that Private Equity recruiting happens far too early — this year, especially pre-Labor Day On-Cycle 2024 Recruiting started with New Mountain Capital, Carlyle, and Permira, amongst a couple of the initial firms going.

article thumbnail

Guide to D&O Insurance for SPAC IPOs, 2023 Edition

JD Supra: Mergers

As they go through their initial public offering (IPO) and the subsequent merger & acquisition (M&A) process, special purpose acquisition companies (SPACs) face many regulatory, legal, and business hurdles. Obtaining the appropriate amount and type of insurance for each stage of their life cycle is one of them. However, with some smart preparation and the expertise of the right advisors, insurance can go from being a necessary burden to a strategic asset.

IPO 136
article thumbnail

Del. Chancery Addresses “Substantially All” Issue in Asset Deal Challenge

Deal Lawyers

Section 271 of the DGCL requires stockholder approval of a sale of “substantially all” the assets of a Delaware corporation. While a lot of ink has been spilled by Delaware courts over the years in an effort to elucidate what that standard means, those efforts have been a mixed bag at best.

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

12 Concepts We Can Learn About Buying VS. Building a Business on How2Exit's Interview W/ Walker Deibel

How2Exit

12 Concepts We Can Learn About Buying VS. Building a Business on How2Exit's Interview W/ Walker Deibel - Watch Here Here is what my team and I learned from this interview: (These are notes from team members, writers, sometimes AI, and even listeners who submitted what i learned loosely edited and shared here) - If it seems a bit unrefined, you're reading our notes, so. yeah.

Business 130
article thumbnail

The Path to Success: Building a Thriving Career in Private Equity

OfficeHours

Congratulations! You’ve got your dream private equity! But that is just the first step of the private equity journey. Now, it is time to hunker down and build your career. Building a thriving career starts with climbing the ladder. Private equity firms are typically very hierarchical, with multiple levels of professionals needing to move up to make it to the title of MD or Partner.

article thumbnail

New York Enacts Material Healthcare Transactions Notice Requirements: Four Key Takeaways

JD Supra: Mergers

On May 3, 2023, New York Governor Kathy Hochul signed into law an amendment to the New York Public Health Law that will require certain healthcare entities to provide the State Department of Health (DOH) with written notice and supporting documentation of “material transactions” at least 30 days before closing.

article thumbnail

Post-Closing Disputes: Beware Derivative Unjust Enrichment Claims

Deal Lawyers

One consequence of the limitations that Delaware courts have imposed on reliance disclaimers in the context of contractual fraud allegations is the potential exposure of innocent selling stockholders to derivative unjust enrichment claims.

100
100
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

Small Business, Big Exit: 5 Tips for Selling Your Small Business

Viking Mergers & Acquisitions

Deciding to sell your small business can be a complex journey. So, when it’s time to exit the organization that you put time and effort into growing, you want the process to be as smooth as possible. While no two business sales will look the same, any business owner can benefit from these practical steps to help find the right buyer and secure the best deal possible.

article thumbnail

05-21-2023 Newsletter: Thinking if Private Equity is for you?

OfficeHours

Private equity associates are the workhorses of any investment team. They are typically closest to the financial modeling, analytical work, and diligence that private equity firms perform. Being closest to the investments makes being a private equity associate a very demanding but rewarding role… How to get $400,000 in Compensation in your mid-20s Private equity associates are responsible for supporting the evaluation, execution, and management of investments made by their private equity firms.

article thumbnail

Amgen-Horizon: The FTC's First Litigated Pharmaceutical Merger Challenge in 14 Years and First Conglomerate Merger Challenge in Decades

JD Supra: Mergers

On May 17, 2023, the Federal Trade Commission (FTC) challenged Amgen Inc.’s (Amgen) proposed acquisition of Horizon Therapeutics plc (Horizon). The complaint is significant in three respects.

Mergers 130
article thumbnail

Distressed Deals: UBS’s Credit Suisse Risk Factor Disclosure

Deal Lawyers

As we all know by now, whenever there’s a financial crisis, healthy financial institutions often swoop in – either voluntarily or with some arm-twisting from regulators – to acquire distressed institutions.

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

RBI imposes Rs 85 lakh penalty on Central Bank of India for non-compliance

Business Standard - FInance

The RBI on Friday said it has imposed a penalty of Rs 84.50 lakh on Central Bank of India (the bank) for non-compliance with certain provisions of norms related to frauds classification and reporting. The Reserve Bank had conducted statutory inspection for supervisory evaluation of the bank with reference to its financial position as on March 31, 2021.

Bank 95
article thumbnail

One-Click Checkout Power: Teabox’s 75% Order Conversion Rate Surge!

Razorpay

One-Click Checkout Success Story: Teabox Boosts its Order Conversion Rate by 75% We have devised a unique tea-sourcing process. We work with India’s iconic tea gardens to procure teas within 24 to 48 hours of sampling and keep them under 3-4% moisture levels. Next, we hand sort and clean the whole leaves for impurities before we vacuum pack and store them in a controlled, dehumidified environment.

article thumbnail

China Introduces Rules for Antitrust Review of Non-Reportable Transactions and Other Antitrust Regulations

JD Supra: Mergers

The Development: China's State Administration for Market Regulation ("SAMR") recently released four regulations ("Regulations") that implement 2022 amendments to the Anti-Monopoly Law of China ("AML"). The most significant changes address "hub-and-spoke" agreements, antitrust leniency applications for individuals, SAMR's review of non-reportable M&A deals, and gun jumping.

M&A 130
article thumbnail

What if You're an Employee and You Want to Buy the Business?

TKO Miller

It would be fun to write an aggressive "stick it to the man" article, but this will not be that. Instead, I will be exploring the much more common scenario where a manager, or group of managers who run a business for an absentee owner think to themselves, "we are doing all the work and creating all the value, why don't we buy all or part of this company?

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

Leave encashment limit hiked to Rs 25 lakh: What does it mean for you?

Business Standard - FInance

The relief was announced by Finance Minister Nirmala Sitharaman in the Union Budget 2023 and the proposed hike has come into place since April 1, 2023, a circular from CBDT stated

IT 89
article thumbnail

Healthcare data provider Medisolv snags investment from BVP Forge

PE Hub

The investment will be used by Medisolv to accelerate its growth. The post Healthcare data provider Medisolv snags investment from BVP Forge appeared first on PE Hub.

article thumbnail

TD Bank Eats $225 Million Termination Fee After AML Failures Doom Merger

JD Supra: Mergers

How much is an effective Anti-Money Laundering (“AML”) Compliance Program Worth? For Toronto-Dominion Bank (“TD”), the answer is at least $225 million––the amount that TD must now pay to First Horizon Bank, after backing out of a proposed $13.4 billion merger between the two on May 8, 2023.

Mergers 130
article thumbnail

Fed Officials Were Split Over June Rate Pause, Minutes Show

The New York Times: Banking

In the Federal Reserve’s last meeting, “several” participants thought rates may have moved high enough to get inflation under control.

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

Savings account vs liquid fund: Which is better for you to keep money?

Business Standard - FInance

Depending on one's financial position, requirements, larger financial goals and risk tolerance, both saving accounts and liquid funds can be beneficial

article thumbnail

Shutterstock picks up Giphy; Baird backs Freemarket; MSCP shares Ovation growth strategy

PE Hub

Baird Capital invests in fintech platform Freemarket. The post Shutterstock picks up Giphy; Baird backs Freemarket; MSCP shares Ovation growth strategy appeared first on PE Hub.

Shares 78
article thumbnail

New Federal Exemption Changes the Registration Landscape for M&A Brokers

JD Supra: Mergers

The narrower M&A broker exemption supersedes the 2014 M&A broker no-action letter while leaving state-level restrictions and foreign M&A broker relief unaffected. On March 29, 2023, the Securities Exchange Act of 1934 (Exchange Act) was amended to exempt certain “M&A brokers” from registration as broker-dealers with the US Securities and Exchange Commission (SEC).

Broker 130