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Trader of the Year Hedge Fund: Conversant Capital’s David Alfred

The TRADE

We look for the opportunity that best achieves opportunistic returns on the best risk-adjusted basis, be it in equities, corporate bonds, distressed bonds, bank debt, or convertibles. People have a playbook from the 2016 election, a script for US exceptionalism, deregulation and reflation. We are nimble and agile.

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Southern District Of Texas Dismisses Securities Claims For Purported Proxy Misstatements And Omissions Because Other Disclosures Contained In The Proxy And Prior SEC Filings Rendered At-Issue Information Immaterial

Shearman & Sterling

On October 21, 2016, Judge Sim Lake of the United States District Court for the Southern District of Texas dismissed with prejudice a putative securities class action against Eagle Rock Energy Partners, L.P. ("Eagle Rock"), Vanguard Natural Resources LLC ("Vanguard"), their affiliates and their directors. 4:15-cv-01470 (S.D.

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Deal Diary: Wachtell, Kirkland Work Nasdaq, Adenza Tie-Up

The Deal

billion in 2016. billion of debt issued before the deal’s closing, which the parties hope will occur in six to nine months. Lam has done several other deals for Nasdaq, including its purchases of Solovis Inc. for an undisclosed sum in 2020; of eVestment for $705 million in 2017; and of International Securities Exchange Holdings Inc.

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Southern District Of Texas Dismisses Securities Claims For Purported Proxy Misstatements And Omissions Because Other Disclosures Contained In The Proxy And Prior SEC Filings Rendered At-Issue Information Immaterial

Shearman & Sterling

On October 21, 2016, Judge Sim Lake of the United States District Court for the Southern District of Texas dismissed with prejudice a putative securities class action against Eagle Rock Energy Partners, L.P. ("Eagle Rock"), Vanguard Natural Resources LLC ("Vanguard"), their affiliates and their directors. 4:15-cv-01470 (S.D.

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Delaware Supreme Court Reverses And Remands Appraisal Award But Rejects Bright-Line Presumption In Favor Of Deal Price

Shearman & Sterling

518, 2016 (Del. Strine, Jr., reversed and remanded an appraisal ruling that had determined the buyout of DFC Global Corporation ("DFC") by private equity investor Lone Star at $9.50 per share significantly undervalued the stock of DFC. DFC Global Corp. Muirfield Value Partners, L.P., per share, 8.4%

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Public Finance 101: How Governments Manage Money

Peak Frameworks

The key components of public finance include tax policy, expenditure policy, debt policy, and fiscal policy, which includes adjusting the other components to affect macroeconomic variables. For instance, the US Treasury issues Treasury bonds to finance public debt domestically. President Obama, for instance, proposed a budget of $4.1

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ASX seeking views from key stakeholders on a potential move to T+1

The TRADE

The consultation will also seek input on scope, with the move to T+1 co-ordinated across equities and debt as well as its neighbouring country New Zealand. The post ASX seeking views from key stakeholders on a potential move to T+1 appeared first on The TRADE.