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The Power of Preferred Stock: A Primer for VC, PE, and Founders

JD Supra: Mergers

Preferred stock is a key financing instrument in the world of private equity (PE) and venture capital (VC), frequently used to balance the interests of investors and founders. By: DarrowEverett LLP

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Nigerian digital bank FairMoney in talks to buy Umba in $20M all-stock deal, sources say

TechCrunch: M&A

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch. All rights reserved. For personal use only.

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Getty Images and Shutterstock to merge to form $3.7B stock photo giant

TechCrunch: M&A

The combined entity is expected to be valued at $3.7 billion based on yesterdays closing share prices. 2024 TechCrunch. All rights reserved. For personal use only.

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China's 'Fab Four' tech stocks are stealing the spotlight from the U.S.

CNBC: Investing

stocks is only getting clearer. The contrast between Chinese and U.S.

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IRS Proposes to Limit Application of Funding Rule on Stock Buyback Excise Tax

JD Supra: Mergers

In prior bulletins from February 2023 and December 2022, we described a notice from the Internal Revenue Service (IRS) that outlined the rules that the IRS intended to issue with respect to the 1% stock buyback excise tax. This tax generally applies to the repurchase of stock of a public U.S. affiliates of the non-U.S.

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China Stocks Surge After Government Measures to Boost Economy

The New York Times: Banking

The government has fired up investors by encouraging banks to lend more to buyers of stock and real estate, but economists say more stimulus is needed.

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[Video] M&A Considerations for Serial Acquirers

JD Supra: Mergers

Get up to speed on: The structure and tax implications (1:42) How to value the stock and the deal (3:27) Considerations based on the stage of the business (7:20). Justin Yi and Josh Pollick cover those points and also explore the complexities of earnouts and integration post-acquisition. By: Orrick, Herrington & Sutcliffe LLP

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