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ONSC Denies Claim for Acceleration of Earn-Out Payment

JD Supra: Mergers

The Court's interpretation of the SPA, including the earn-out acceleration clause and the meaning of the word "material", provides important guidance for businesses negotiating and enforcing earn-out provisions. The Ontario Superior Court of Justice recently released its decision in Project Freeway Inc. v ABC Technologies Inc.

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Want to Know How to Dominate Negotiations? Master Negotiation Secrets: Unlock Deals Like a Pro

How2Exit

E261: Want to Know How to Dominate Negotiations? Master Negotiation Secrets: Unlock Deals Like a Pro - Watch Here About the Guest(s): Derrick Chevalier is a seasoned negotiation expert and consultant with decades of experience in the field.

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A Sharper Focus: Exploring VC Side Letters

JD Supra: Mergers

A side letter in the venture capital sector is an agreement between an investor and the company it is investing in that entitles the investor to certain contractual rights, which supplement and are in addition to other rights specifically provided to the investor as a holder of equity securities under the companys governance documents the documents (..)

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Disclosure of Preliminary Merger Negotiations: Are SPACs Different?

Deal Lawyers

Last week, the SEC announced settled enforcement proceedings against Cantor Fitzgerald for its alleged role in causing two SPACs that it controlled to make misleading statements to investors about the status of their discussions with potential acquisition targets ahead of their initial public offerings (IPOs).

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Liquidnet launches new futures rolls negotiation tool

The TRADE

The new tool will facilitate the bilateral negotiation of blocks at mid prices in fixed income and equity index calendar rolls. According to the firm, its experience will help bring greater structure to the bilateral negotiation process, ensuring best execution with minimal information leakage.

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Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M, say sources

TechCrunch: M&A

Sources close to the negotiations said […] © 2024 TechCrunch. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150-$200 million. All rights reserved.

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CFIUS Proposes Rule to Strengthen Its Monitoring and Enforcement Authorities

JD Supra: Mergers

On April 15, 2024, the U.S.

IT 150