Trending Articles

article thumbnail

What Is an Involuntary Bankruptcy and How Can Creditors Use This Powerful Tool? - Creditor’s Rights Toolkit

JD Supra: Mergers

In most bankruptcies, the company decides to file for relief. In involuntary bankruptcies, creditors force the company into bankruptcy. Involuntary petitions are an extreme remedy, and therefore the requirements and standards to meet for filing such petitions are strictly construed and applied. If creditors meet the requirements under the Bankruptcy Code for filing an involuntary petition, it can serve as a powerful tool to use against a debtor.

IT 185
article thumbnail

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

TechCrunch: M&A

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with the support of investors has opted to remain independent, the person said.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Fear of the Unknown

H. Friedman Search

This month, we wrote about the Fear of Missing out, FOMO. In my mind, this is a very real motivation of why people should be making moves. I want to discuss another fear this week, but the converse: Why are people not making moves? The first six months of this year, to say the least, have been very interesting for hiring in Public Finance. For the first time in many years, the number of new hires I have had the opportunity to assist is lower than in previous years.

Finance 159
article thumbnail

Del. Chancery Holds “Corwin Cleansing” Applies to Purchase Price Reduction

Deal Lawyers

The Chancery Court recently dismissed breach of fiduciary duty claims arising out of a $400 million reduction in the purchase price to be paid to target stockholders as a result of post-signing equity awards to insiders that allegedly violated the terms of the merger agreement. In In re Anaplan, Inc. Stockholders Litigation, (Del. Ch.

Mergers 122
article thumbnail

Top 3 Secrets to Staying Relevant with Gen Z

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. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

article thumbnail

Building and Scaling a Hold Co: Nate Ginsburg’s Journey from E-Commerce to Global Logistics

How2Exit

E232: Building and Scaling a Hold Co: Nate Ginsburg’s Journey from E-Commerce to Global Holdco - Watch Here About the Guest(s): Nate Ginsburg is a seasoned entrepreneur with an impressive track record of building and acquiring businesses. He is the owner of Centurica, which provides due diligence and quality of earnings services, and SellerPlex, a full-service Amazon agency.

More Trending

article thumbnail

Under Pressure—Rethinking Board Practices - A Jones Day Governance Perspective.

JD Supra: Mergers

The Situation: Boards of directors face increasingly intense workloads, pressure to respond to developments in real time, and exposure to a higher level of legal risk than ever before.

article thumbnail

NextEra considers restarting Iowa nuclear plant amid rising demand for carbon-free energy

CNBC: Investing

NextEra CEO John Ketchum said the company is considering restarting the Duane Arnold Energy Center, though a risk assessment is needed.

article thumbnail

D&O Insurance: Will the Bump-Up Exclusion Bump-Off Your M&A Settlement?

Deal Lawyers

Many D&O policies include “bump-up” exclusions that can come into play when a buyer increases the price to be paid in an acquisition in response to litigation challenging the deal.

Insurance 131
article thumbnail

Small Banks Say Their Commercial Real Estate Loans Are Fine

The New York Times: Banking

Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space.

Bank 110
article thumbnail

Provide Real Value in Your Applications with Data and Analytics

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

Improving Data Center Energy Efficiency to Power the AI Revolution

Cisco: M&A

The need to support hyperscale data centers, pervasive cloud services, and AI workloads is changing the data center paradigm. Today’s data centers need to be scalable, energy efficient, and advance sustainability.

98
article thumbnail

M&A Insights and Outlooks in the Packaging and Industrial Industries: A Conversation with Brett Kornblatt of Stout

JD Supra: Mergers

To help businesses, investors, and deal professionals better understand the evolving M&A market, Robert Connolly – a partner in and leader of LP’s Corporate Practice Group – shares a series of conversations with M&A experts. Below is his conversation with Brett Kornblatt, who is Managing Director of Industrials-Packaging at Stout, a global advisory firm that specializes in corporate finance, accounting and transaction advisory, valuation, financial disputes, claims, and investigations.

M&A 163
article thumbnail

Hedge fund manager Dan Niles says it's too early to buy beaten-up mega-cap tech stocks

CNBC: Investing

Hedge fund manager Dan Niles sees this week's tech sell-off as confirmation the trade is in significant trouble.

Funds 131
article thumbnail

Private Equity: Lots of Dry Powder in Relatively Few Hands

Deal Lawyers

According to a recent Institutional Investor article, private equity funds are sitting on a mountain of dry powder – or at least some of them are. The article says that PE & VC funds have added nearly $50 billion to their cash reserves since December 2023.

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

Sustainability Reporting Disclosures in accordance with the GRI Standards 2023

European Investment Bank

The GRI Standards allow organisations to publicly and transparently report on the impacts of their activities. The EIB Group applies the GRI Standards framework under the Global Reporting Initiative to comprehensively disclose information relevant to its stakeholders. While the framework applies the materiality principle — meaning that information which is deemed material is disclosed — the EIB Group discloses additional information relevant to its stakeholders, which may not necessarily be cons

IT 98
article thumbnail

Food giants are strangling Britain’s farmers and consumers. What’s the solution? Break them up | Nicholas Shaxson

The Guardian: Mergers & Acquisitions

The UK has a huge problem with monopolies – yet taking conglomerates apart is not as hard as you might think When British farmers protested outside the Houses of Parliament earlier this year, they sent 49 scarecrows , after a survey had found that 49% of UK fruit and vegetable farmers said they expected to go bust within a year. The scarecrows stood in for real farmers, who are mostly too afraid to speak out.

Food 111
article thumbnail

Court Holds Internal Affairs Doctrine Typically Covers Breach Of Fiduciary Claims Despite No Averment Of Fiduciary Duty

JD Supra: Mergers

California's Revised Uniform Limited Liability Company Act provides "The law of the state. under which a foreign limited liability company is formed governs all of the following: The organization of the limited liability company, its internal affairs, and the authority of its members and managers." Cal. Corp. Code § 17708.01(a). Notably, the statute does not define what constitutes an LLC's internal affairs.

article thumbnail

China is doubling down on homegrown tech. Goldman Sachs shares its chip plays

CNBC: Investing

Goldman Sachs analysts pointed out there are notable catalysts for certain semiconductor and artificial intelligence China stock plays.

IT 137
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

Tomorrow’s Webcast: “2024 DGCL Amendments: Implications & Unanswered Questions”

Deal Lawyers

Tune in tomorrow at 2 pm eastern for our “2024 DGCL Amendments: Implications & Unanswered Questions” webcast to hear Steven Haas of Hunton Andrews Kurth, Julia Lapitskaya of Gibson Dunn, and Eric Klinger-Wilensky of Morris Nichols discuss the landmark changes made by the 2024 DGCL amendments.

122
122
article thumbnail

Google’s Plan to Buy Wiz for $23 Billion Falls Apart

The New York Times: Mergers, Acquisitions and Dive

Wiz’s chief executive said the company walked away from a “humbling offer” and would pursue an initial public offering instead.

article thumbnail

Our Shared Responsibility: Africa’s Cybersecurity Imperative

Cisco: M&A

We have a shared responsibility to embed cybersecurity at the core of our digital strategies, and we look forward to the opportunity to enhance cyber resilience in Africa—a continent on the brink of a remarkable digital transformation.

Shares 96
article thumbnail

Arkansas Environmental Service Firms: Terracon Acquires Harbor Environmental, Inc.

JD Supra: Mergers

Terracon has acquired Little Rock, Arkansas environmental service firm Harbor Environmental, Inc. (“Harbor”). Terracon describes itself as a consulting engineering firm specializing in environmental, facilities geotechnical materials services and has more than 6,000 employees in more than 175 locations.

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

These stocks set to report earnings next week have a record of beating expectations

CNBC: Investing

Bespoke screened for the companies posting earnings next week that historically have beaten earnings expectations and outperformed the next day.

Stock 112
article thumbnail

The scale-up gap: Financial market constraints holding back innovative firms in the European Union

European Investment Bank

Closing the scale-up financing gap is essential for the European Union to maintain its edge in technology. Scale-ups are young, medium-sized firms with high growth potential, more productive than the average company and leader in the development of new technologies. This report provides new evidence on the financial constraints faced by companies as they enter the crucial scale-up phase.

article thumbnail

Founder of Kakao, South Korean Tech Giant, Arrested Over K-Pop Deal

The New York Times: Mergers, Acquisitions and Dive

Kim Beom-Su, the billionaire behind Kakao, was taken into custody on Tuesday on allegations of stock manipulation during a bidding war over a major K-pop agency.

Stock 94
article thumbnail

CCNA: What It Means to Me, What Awaits in Cisco U.

Cisco: M&A

Go behind the scenes of the new CCNA 2.1 Learning Path, updated to align with the 200-301 CCNA v1.1 exam available for testing this August.

IT 98
article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Significantly Strengthening UK Consumer Protection Laws and Enforcement

JD Supra: Mergers

The Digital Markets, Competition and Consumers Act (DMCC) became law on 24 May 2024. This is the third update in our trilogy series on the DMCC. As we explained in our last update, the DMCC represents a major shift in UK digital, competition and consumer protection regulation. In particular, the DMCC.

175
175
article thumbnail

Alphabet reports earnings after the market close. Here's how analysts see it playing out

CNBC: Investing

Wall Street is eyeing Alphabet's search performance and the impact of integrating artificial intelligence on its second quarter numbers.

IT 118
article thumbnail

ACNB Corporation Announces Strategic Acquisition of Traditions Bancorp, Inc.

Global Newswire by Notified: M&A

GETTYSBURG, Pa., July 24, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., and Traditions Bancorp, Inc. (OTCPink: TRBK) (“Traditions”), holding company for Traditions Bank, York, Pennsylvania, announced today the execution of a definitive merger agreement whereby ACNB will acquire Traditions and Traditions Bank in an all-stock transaction.