Fri.Oct 13, 2023

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Why Microsoft had to relinquish Activision’s cloud-gaming rights outside Europe

TechCrunch: M&A

Microsoft has finally done it — nearly two years after the Xbox-maker first revealed plans to acquire gaming giant Activision Blizzard in a mammoth $68.7 billion deal, it has managed to secure U.K. regulatory clearance, meaning that Activision will now be a fully fledged subsidiary. But the antitrust clearance comes with one notable caveat. For […] © 2023 TechCrunch.

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To Self-Report or Not to Self-Report: With New M&A Safe Harbor Policy, DOJ Tries to Answer the Question

JD Supra: Mergers

It is one of the hardest questions a company can face: after discovering criminal conduct inside your company, do you self-report to the government or not? If you can quickly and quietly fix the problem, then you may be able to fully remediate the issue and avoid any negative publicity or government involvement.

M&A 175
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Avoiding Talent Attrition in M&A

Deal Lawyers

This LinkedIn newsletter from Swaney Group Advisors addresses the challenge of retaining key talent during an acquisition or merger — step 10 in their 11-step process for post-merger integration. Before addressing retention, the newsletter notes the importance of taking a nuanced approach to identifying key talent.

M&A 120
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Understanding the Differences in the Enforcement of Arbitration Awards and Expert Determinations

JD Supra: Mergers

Is there a difference in enforcement between an arbitration award and an expert determination pursuant to a contract? The answer is yes, according to a recent ruling by the 3rd Circuit U.S. Court of Appeals that includes important lessons for those drafting arbitration provisions.

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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?

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Microsoft Closes $69 Billion Activision Blizzard Deal

The New York Times: Mergers, Acquisitions and Dive

The megadeal could strengthen Microsoft’s standing in the video game industry, after a year and a half of negotiations with regulators around the world.

More Trending

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Microsoft completes $69bn deal to buy Call of Duty maker Activision Blizzard

The Guardian: Mergers & Acquisitions

Completion of sale follows regulator’s decision to allow it after competition concerns were addressed Microsoft has completed its $69bn (£57bn) deal to buy Activision Blizzard, the maker of games including Call of Duty and World of Warcraft, after the UK’s competition watchdog cleared the acquisition. The Competition and Markets Authority (CMA) had moved to block the deal in April , citing concerns that Microsoft – the maker of the Xbox gaming console – would dominate the nascent cloud gaming ma

Sale 111
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Haemonetics Corporation Acquires OpSens, Inc.

JD Supra: Mergers

Haemonetics Corporation announced on October 10th that it would be acquiring OpSens, Inc. The deal between the companies is expected to close by the end of January 2024, according to the press release.

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These are the biggest stock shorts out there — including a big bet against this EV maker

CNBC: Investing

Investors hiked their short bets on a handful of electric vehicle and charging companies during the second half of September.

Investors 124
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DOJ Announces New Safe Harbor Policy for Self-Disclosures in Connection with M&A Transactions and Additional Resources for Corporate Enforcement

JD Supra: Mergers

On October 4, 2023, the U.S. Department of Justice (“DOJ”) announced a new Mergers & Acquisitions (“M&A”) Safe Harbor Policy to further encourage self-disclosures and provide companies with additional predictability in the M&A context. Recognizing the net compliance benefit that can occur when a company with an effective compliance program acquires and remediates a company with an ineffective program and a history of misconduct, the DOJ’s newly-announced policy is that an acquirer wh

M&A 165
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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.

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The Upshot of Microsoft’s Activision Deal: Big Tech Can Get Even Bigger

The New York Times: Mergers, Acquisitions and Dive

With the completion of the blockbuster acquisition, the notion that tech giants can grow through “vertical transactions” remains intact.

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Implications of DOJ’s New Safe Harbor for Disclosing Misconduct Uncovered During M&A Transactions

JD Supra: Mergers

U.S. Deputy Attorney General Lisa Monaco recently announced that the Department of Justice (DOJ) is adopting a new safe harbor policy to incentivize corporations to voluntarily self-disclose criminal misconduct discovered during merger and acquisition (M&A) transactions. Although the announcement leaves open questions, the anticipated policy described in Monaco’s speech sets forth how an acquiring company can avoid criminal charges for misconduct that occurred in the acquired company by time

M&A 165
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Wolfe Research downgrades Netflix, says streaming giant's growth forecasts raise concerns

CNBC: Investing

Analyst Peter Supino said the company's premium valuation does not provide enough safety to counter the rising risk of reduced growth.

Valuation 104
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An Underwhelming Year? HSR Transaction Volumes in FY 2023 (September 2023 Update)

JD Supra: Mergers

Editor’s Note: The Hart Scott Rodino Act (HSR Act) is a federal law that requires companies planning to merge or acquire certain assets or voting securities to notify the Federal Trade Commission (FTC) and the Department of Justice (DOJ) before completing the transaction. The HSR Act establishes the FTC and DOJ Premerger Notification Program, which is designed to allow the agencies to review the proposed transaction for potential antitrust concerns.

Trading 165
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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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Morgan Stanley downgrades this Chinese e-commerce stock on weak consumer demand

CNBC: Investing

The firm lowered its rating on shares to equal weight from overweight and slashed its price target approximately 40%.

Stock 114
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Governor Signs Bill Prohibiting Any Grocery Store Purchases Without Prior Written Notice To The Attorney General

JD Supra: Mergers

Anyone planning to buy a loaf of bread or head of lettuce next year will need to plan ahead. Last weekend, Governor Newsom signed AB 853 into law. This bill provides that "no person shall acquire, directly or indirectly, any. assets of a retail grocery firm or retail drug firm unless both parties give. written notice to the Attorney General.". Cal.

Retail 154
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Bond manager with $1 trillion on the line says you will be 'well rewarded' by doing this

CNBC: Investing

The volatility in the bond market can provide a great opportunity for investors, said Pimco chief investment officer Dan Ivascyn.

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California Revises Proposed Regulations for the Pre-Closing Review of Health Care Transactions: Pubic Comment Period Ends October 17, 2023

JD Supra: Mergers

California’s new Office of Health Care Affordability (OHCA) is set to begin advance regulatory review of certain health care transactions beginning January 1, 2024. As further explained in our previous post, subject to certain exceptions, third party payers and administrators, hospitals, hospital systems, fully integrated delivery systems, pharmacy benefit managers, physician organizations, and other providers (collectively, Health Care Entities) will soon be subject to potential prospective.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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ShoreView Industries to take tools manufacturer P&F private

PE Hub

According to terms of the deal, shareholders will receive $13 per share. The post ShoreView Industries to take tools manufacturer P&F private appeared first on PE Hub.

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Goodwin REIT Alert: Trends in REIT M&A (2022-2023)

JD Supra: Mergers

In our 2022 alert “REIT M&A Trends Through the Pandemic,” we cataloged a total of 42 new REIT transactions announced between August 2020 and May 2022, a pace that rivaled or exceeded pre-pandemic levels. From May 2022 through August 2023, a further 15 new REIT M&A transactions have been announced, with an aggregate transaction value of approximately $71 billion.

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Things can't get much worse for this solar stock, so buy it now, says Northland

CNBC: Investing

Investors have a buying opportunity here with currently weak solar demand among several other headwinds.

IT 112
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Talent: the next gold rush in sports investing

PE Hub

Thanks to the athletes and Gen Z fans, new forms of connectivity are growing the value base of sports – it’s the cusp of a new era. The post Talent: the next gold rush in sports investing appeared first on PE Hub.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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This European biotech company could rally nearly 45%, says Morgan Stanley

CNBC: Investing

Morgan Stanley is bullish on pelabresib, currently awaiting results from its Phase 3 MANIFEST-2 trial.

IT 113
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Citation Capital shares details on debut deal for Nature’s Garden owner; EV attracts PE

PE Hub

Citation discusses acquisition of healthy snacks maker Cibo Vita. The post Citation Capital shares details on debut deal for Nature’s Garden owner; EV attracts PE appeared first on PE Hub.

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Scenting Power, U.K. Business Flocks to the Labour Party

The New York Times: Banking

The governing Conservative Party was long seen as entrepreneurs’ natural ally and lobbyists’ most important target. With an election on the horizon, that’s changing.

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Time for trail mix? Citation’s debut deal features healthy snacks

PE Hub

Citation founder Tiffany Hagge: 'Cibo Vita is a hybrid between an industrial manufacturer and a staple [consumer packaged goods] company.' The post Time for trail mix? Citation’s debut deal features healthy snacks appeared first on PE Hub.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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UnitedHealth Group pops after posting quarterly results. Here’s how to play the stock

CNBC: Investing

Pros on CNBC discussed UnitedHealth after the company reported quarterly results Friday.

Stock 107
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Arlington-backed Stellant to acquire Comtech’s power systems tech product line for $40m

PE Hub

The transaction is expected to close by the end of October 2023. The post Arlington-backed Stellant to acquire Comtech’s power systems tech product line for $40m appeared first on PE Hub.

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Securing the Modern Hyper-Distributed Network: Perspectives from the 2023 Gartner Magic Quadrant™ for SD-WAN

Cisco: M&A

A typical day’s tasks for today’s modern worker are frequently distributed across multiple devices, applications, and locations.