article thumbnail

Match.com's Divorce: Delaware Supreme Court Decides Standard of Review for Controlling Stockholder Transactions

JD Supra: Mergers

MFW) in 2014 (88 A.3d 2014)), it provided a pathway for business judgment review for "freeze-out" merger transactions involving controlling stockholders. The Situation: When the Delaware Supreme Court decided Kahn v. M&F Worldwide Corp. 3d 635 (Del.

M&A 182
article thumbnail

Healthcare & Life Sciences Private Equity Deal Tracker: Nautic Acquires Proud Moments From Audax

JD Supra: Mergers

Proud Moments, founded in 2014 and based in Brooklyn, New York, is a national provider of applied behavioral analysis (ABA) therapy to children and young adults with autism spectrum disorder. Nautic Partners has acquired Proud Moments ABA from Audax Private Equity, according to a news release. By: McGuireWoods LLP

143
143
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ron Baron sees Tesla worth $5 trillion in 10 years, says Musk eyeing $30 trillion value one day

CNBC: Investing

The Baron Capital chair and CEO first invested $400 million in Tesla between 2014 and 2016, and he said the early bet has made him $6 billion so far.

Capital 145
article thumbnail

Delaware Supreme Court Holds That Boards Must Satisfy the MFW Framework in Controller Transactions to Obtain Business Judgment Deference

JD Supra: Mergers

In 2014, the Delaware Supreme Court held in Kahn v. M&F Worldwide Corp. (“MFW”)

article thumbnail

Controlling Stockholder Transactions That Do Not Involve a Freeze-Out Merger May Satisfy MFW to Obtain Business Judgment Review

JD Supra: Mergers

In Kahn v. M&F Worldwide, 88 A.3d 3d 635 (Del.

Mergers 161
article thumbnail

Corporate Venture Capital Survey: Q2 2024

JD Supra: Mergers

Corporate Venture Capital (CVC) slowed to its lowest share of total VC deals since 2014 in the second quarter of 2024. Only 23.3% of deals that were completed include a CVC investor in Q2. Pitchbook data shows that just over 978 corporates have made a VC deal in the United States so far in 2024.

article thumbnail

New Federal Exemption Changes the Registration Landscape for M&A Brokers

JD Supra: Mergers

The narrower M&A broker exemption supersedes the 2014 M&A broker no-action letter while leaving state-level restrictions and foreign M&A broker relief unaffected.

Broker 130