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Delaware Court Of Chancery Finds That Controller Sale Of Company Did Not Harm Minority Interests

JD Supra: Mergers

On January 7, 2025, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery issued a post-trial decision in favor of defendant, a private equity fund (the Fund), finding that the Funds sale of a portfolio company (the Company) was protected by the business judgment rule and did not harm the interests of minority stockholders.

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DOJ Declination of Private Equity Firm Underscores Need for Robust M&A Due Diligence

JD Supra: Mergers

Attorney’s Office for the Southern District of Texas, announced that they would not prosecute White Deer Management LLC (“White Deer”), a Texas‑based private equity firm, in connection with sanctions and export control violations committed by Unicat Catalyst Technologies LLC (“Unicat”), a portfolio company it had acquired in 2020.

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Investing Principles: Lessons Learned from 20 Years of Wins, Losses, and Strikeouts

Mergers and Inquisitions

Allocations: If youre young, you should invest mostly in equities, but I believe gold and silver are often good replacements for fixed income in the traditional 80 / 20 or 60 / 40 portfolios. Investing Principles: Why a High Income Trumps Everything Else Between 2009 and 2014, I did not have a traditional portfolio via a brokerage firm.

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Stay away from Goldman Sachs after monster rally this year, Citizens says

CNBC: Investing

" Ryan added that the last time he upgraded Goldman Sachs was in January 2020, when the stock traded at around $220. "Accordingly, while we are bullish on the business, we see the risk/reward as balanced and we will evaluate for a new entry point or developments that change our valuation framework."

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Elliott has built a stake in Global Payments. How the activist can help the company lift its share price

CNBC: Investing

Through its Issuer Solutions segment, it provides financial institutions and retailers technologies to manage their card portfolios. It offers an array of business management software solutions that streamline business operations to customers in numerous vertical markets.

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Bank of America Merrill Lynch taps Stifel for senior trader

The TRADE

Prior to this, he worked as a principal, sales trader at Eight Capital from August 2016 to March 2020. Additionally, he has also worked as a portfolio trader at UBS. Previously in his career, Kilfoy also spent a decade at Canaccord Genuity, where he worked as a managing director in trading.

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

The TRADE

Mike Simanovsky, the founder and CIO at Conversant, served as a partner at Senator Investment Group, there for nine years before launching Conversant in early 2020. There’s a very healthy dialogue at all times at both the portfolio-level and the position-level. We have a lot of go-getters on the investment team which I love.