Sat.May 25, 2024 - Fri.May 31, 2024

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Rescheduling Marijuana FAQs: Cannabis-Related Investments

JD Supra: Mergers

On May 21, 2024, the Drug Enforcement Agency (DEA) filed the Proposed Rule to move marijuana from Schedule I of the Controlled Substances Act (CSA) to Schedule III of the CSA. In light of the rescheduling marijuana news, industry insiders anticipate a significant increase in cannabis-related investments and acquisition activity. While this anticipated increase in activity is exciting, it is no secret that those who have already invested capital into the cannabis industry have learned some hard.

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Redpanda acquires Benthos to expand its end-to-end streaming data platform

TechCrunch: M&A

Redpanda has already integrated Benthos into its own service and has made it the core technology of its new Redpanda Connect service. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 247
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David Lynch: Building and Selling a Successful 8-Figure Healthcare Business

How2Exit

b' E216: David Lynch: Building and Selling a Successful 8-Figure Healthcare Business - Watch Here rn rn About the Guest(s): rn David Lynch is an entrepreneur from the UK who started a business in the healthcare sector. He began his journey by selling mobility and disability products from his spare room. Over the course of 11 years, he grew the business to achieve eight-figure revenue and successfully sold it to a private equity-backed buyer.

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Chancery Addresses Tension Between Fiduciary & Contractual Duties

Deal Lawyers

One of the most challenging aspects of Delaware’s corporate law jurisprudence over the past 40 years has involved efforts to reconcile the contractual obligations that a target board may commit itself to in connection with a sale transaction and its fiduciary duties to target company stockholders.

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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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AI-Specific Representations in Tech M&A

JD Supra: Mergers

Navigating the acquisition of any company which makes substantial use of artificial intelligence (AI) requires a nuanced understanding of both its technological intricacies and legal complexities. As the landscape of AI continues to evolve rapidly, we expect to encounter myriad representations and warranties aimed at specific issues in intellectual property rights, data rights, and regulatory compliance relating to AI.

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More Trending

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Chobani Yogurt Founder Buys Anchor Brewing Company

The New York Times: Mergers, Acquisitions and Dive

Hamdi Ulukaya called the craft brewer, said to be the country’s oldest, a “grand jewel.” Anchor’s former owner, Sapporo, put it into liquidation last year, citing the effects of the pandemic.

IT 141
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Stockholders Agreements: Another One Bites the Dust in Chancery Court

Deal Lawyers

Stop me if you’ve heard this one before – a founding stockholder enters into a stockholders agreement containing governance provisions that allow him to veto a laundry list of corporate actions that the board could otherwise take. A stockholder plaintiff objects to those provisions and files a lawsuit in Chancery Court seeking to invalidate them.

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FTC and DOJ Seek Public Help Identifying “Serial Acquisition Strategy” Targets

JD Supra: Mergers

The Federal Trade Commission (“FTC”) and the Antitrust Division of the Department of Justice (“DOJ”) announced on Thursday, May 23, that they are expanding their search for businesses using “roll up” strategies to consolidate competitors and reduce competition across the U.S. economy. Previously, the agencies had primarily focused their efforts on the healthcare industry, but this latest joint Request for Information invites members of the public to submit “examples” of companies using a “serial

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Filing shows Salesforce paid $419M to buy Spiff in February

TechCrunch: M&A

Salespeople live and die by commissions. It's no surprise, then, that Salesforce paid a premium to buy a platform that simplifies managing commissions. © 2024 TechCrunch. All rights reserved. For personal use only.

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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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Med tech stock Semler Scientific takes bitcoin play from MicroStrategy's book, surges 30%

CNBC: Investing

Semler Scientific saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset.

Stock 139
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Proposed Delaware Amendments: Vice Chancellor Laster Weighs-in on LinkedIn

Deal Lawyers

If you’re interested in the ongoing debate over the proposed 2024 amendments to the DGCL, there’s one voice I think you’ll want to be sure not to miss – Vice Chancellor Travis Laster. Over on his LinkedIn page, the Vice Chancellor has authored posts raising important questions about the language of the proposed amendments.

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UK CMA Provides First Insights into the Application of UK Merger Control Rules to AI Partnerships

JD Supra: Mergers

The UK Competition & Markets Authority (“CMA”) has published the first in a series of anticipated merger control decisions in the artificial intelligence (“AI”) space, providing insight on its approach to the application of UK merger control rules to AI partnerships. On 17 May 2024, the CMA published a decision announcing that a partnership between Microsoft and Mistral AI ("Mistral”), intended to assist Mistral in developing and deploying AI foundation models (“FMs”), did not qualify for.

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Regulation and fragmentation’s influence on the current liquidity landscape

The TRADE

The constantly shifting liquidity landscape is characterised by the availability and ease with which assets can be bought and sold without significant changes in price. Particularly in Europe, we are witnessing shifts in this dynamic, as well as increasingly fragmented liquidity within the region. This landscape has experienced notable evolutions in recent years due to advancements in technology, increased market participation, and regulatory changes.

Trading 110
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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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Chinese companies are looking overseas for growth. Morgan Stanley says this is the stock to play the trend

CNBC: Investing

A U.S.-listed Chinese company that makes most of its money overseas could soar more than 75%, according to Morgan Stanley's newly updated forecasts.

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Deal Lawyers Download Podcast: SRS Acquiom Annual M&A Deal Terms Study

Deal Lawyers

In our latest Deal Lawyers Download Podcast, SRS Acquiom’s Kip Wallen joined me to discuss his firm’s 2024 M&A Deal Terms Study.

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Bank of England Highlights Concerns With Private Equity Financing

JD Supra: Mergers

The Bank of England’s Financial Policy Committee (FPC) and the Prudential Regulation Authority (PRA) recently delivered a series of speeches1 raising their concerns about the evolution of private equity financing and the banking sector’s exposure to the private equity industry. On 23 April, the PRA released a Dear Chief Risk Officer letter outlining the findings of the PRA’s thematic review into private equity financing activities (the CRO Letter and, together with the FPC Speech and the PRA.

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Stanley Goldstein, Who Helped Make CVS a Pharmacy Giant, Dies at 89

The New York Times: Mergers, Acquisitions and Dive

The small chain that he, a brother and a third partner opened in 1963 had become the nation’s largest by the time he retired as its chief executive three decades later.

IT 113
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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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This power management stock that has doubled over the past year could win big from AI-fueled energy demands

CNBC: Investing

The growing need to feed power-hungry artificial intelligence models could benefit this under-the-radar power management stock, according to Wall Street.

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Minor system issue hits DTCC’s night cycle processing on first day of T+1; affirmation rates top 90%

The TRADE

DTCC experienced system issues within its DTC and NSCC night cycle processing on the first day of T+1, Global Custodian has learnt. The issue was described by sources as having minor impact, and is in line with ‘expected teething issues’ anticipated by the US market infrastructure. DTCC has issued a notice to market participants that a system issue had occurred, but according to sources at a number of custodians, transactions were still processed in accordance with the DTCC deadlines for settlem

Trading 98
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Preparing for the Future of Health Care Antitrust Scrutiny

JD Supra: Mergers

Now, more than ever, health care organizations are facing complex antitrust issues as their mergers/acquisitions, hiring, contracting, and private funding are being scrutinized by the federal and state governments. Proper planning for any competitive initiative, including day-to-day decisions, is essential to avoid potential antitrust risks.

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SHARE BUYBACK TRANSACTIONS

Global Newswire by Notified: M&A

On 9 February 2024, DFDS A/S (“DFDS”) announced the initiation of a share buyback programme to be executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014, and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”).

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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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Nvidia has one customer accounting for a fifth of revenue, and UBS has a guess on who it is

CNBC: Investing

Nvidia, the red-hot chipmaker that sells advanced processors to enable artificial intelligence technology, may have a customer bigger than anyone else.

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ConocoPhillips to Acquire Marathon Oil in $22.5 Billion Deal

The New York Times: Mergers, Acquisitions and Dive

The takeover is the latest in a wave of consolidation sweeping the oil industry, with the biggest players rushing to acquire smaller rivals.

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Private Equity Roll-Ups: Court Dismisses Welsh Carson from Roll-Up Litigation

JD Supra: Mergers

The Federal Trade Commission’s (FTC) push against private equity roll-ups has hit a snag. On May 14, 2024, US District Judge Kenneth Hoyt of the Southern District of Texas granted a motion to dismiss filed by Welsh, Carson, Anderson & Stowe (Welsh Carson), while denying the motion to dismiss filed by co-defendant US Anesthesia Partners (USAP). Judge Hoyt found that the FTC had not adequately alleged that Welsh Carson “is violating” or “is about to violate” antitrust laws, as required under.

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AKTIETILBAGEKØBSHANDLER

Global Newswire by Notified: M&A

Den 9. februar 2024 meddelte DFDS A/S (“DFDS”) iværksættelsen af et aktietilbage-købsprogram til gennemførsel i henhold til EUs markedsmisbrugsforordning, EU forordning nr. 596/2014 af 16. april 2014, samt EU-Kommissionens delegerede forordning (EU) nr. 2016/1052 af 8. marts 2016 (”Safe Harbour-reglerne”).

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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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The small-cap slump is getting historically long. Here's what needs to change for a rebound

CNBC: Investing

The Russell 2000 has gone more than 600 trading days without a record high, dating back to November 2021. Interest rates and earnings growth are key factors.

Trading 110
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Water overview 2024

European Investment Bank

This publication gives an overview of the European Investment Bank’s contribution for water management. It details the Bank’s activities in the sector and highlights key projects. The stories, videos and case studies, illustrate how the Bank’s financing and advice help countries, regions and cities.

Finance 98
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Did the Seventh Circuit Just Sound the Death Knell for Mootness Fees?

JD Supra: Mergers

For decades, corporate merger and acquisition deals have been plagued by meritless claims asserting, typically, that the companies and their officers and directors have provided insufficient disclosures. Courts have sought to crack down on these lawsuits, but—as in the game of whack-a-mole—the plaintiffs bringing these lawsuits have adjusted their tactics to avoid the judicially imposed barriers.