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Jersey Company Law Series: Redemption of shares – which shares and how?

JD Supra: Mergers

The Companies (Jersey) Law 1991, as amended, (the "Law") gives Jersey companies a considerable degree of flexibility to fund the redemption of redeemable shares from any source, including capital. By: Walkers

Shares 165
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Activism: Director Can’t Share Confidential Information with Activist Hedge Fund

Deal Lawyers

1/24), the Chancery Court held that an activist nominee was not permitted to share privileged and confidential information received in his capacity as a director with the hedge fund that nominated him. In a recent letter ruling in Icahn Partners LP v. deSouza, (Del.

Funds 124
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Fund managers at Fidelity share how they’re playing China’s stimulus plans

CNBC: Investing

'This round of the policy pivot is quite significant,' Theresa Zhou, a fund manager at Fidelity International, told CNBC.

Funds 129
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ETF Share Transactions Based on Nonpublic Information: An Illegal Secret Ingredient?

JD Supra: Mergers

Those with nonpublic information about a merger or acquisition involving a company appear to be profiting by trading in shares of exchange-traded funds based on indexes that include such companies’ shares, according to a recent study by Swedish and Australian researchers. By: Carlton Fields

Shares 165
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Cathie Wood's Ark funds buy Reddit stock on first day of trading

CNBC: Investing

The total value of the combined stake of those funds is about $503 million, based on Reddit's closing price of $50.44 per share on Thursday.

Funds 136
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Explained: Tax implications of income earned from shares, mutual funds

Business Standard - FInance

The tax implications of income earned from shares, mutual funds and ETFs (Exchange Traded Funds) largely depend on the type of investment, the holding period and the amount of profit earned

Funds 98
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Getaround aims to scale car-sharing platform with HyreCar acquisition

TechCrunch: M&A

Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 The combined company’s stock began trading at around $10 per share, but promptly plummeted. To date, Getaround’s stock has lost 96% of its value.