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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.

Sale 165
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DNB Carnegie appoints equity sales trader

The TRADE

Steve Hemmings has been promoted to the position of equity sales trader at DNB Carnegie, following more than 11 years at Carnegie Investment Bank, The TRADE can reveal.    The move will see London-based Hemmings bring extensive industry experience to his new role, spanning mutual funds, private equity, finance and investment strategies.    He also (..)

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Chad Ettmueller and Monty Walker Discusses Structured Installment Sales and Annuity Products

How2Exit

b' E183: Chad Ettmueller and Monty Walker Discusses Structured Installment Sales and Annuity Products - Watch Here rn rn About the Guest(s): rn rn Chad Ettmueller: Chad is with JCR Settlements, a settlement planning firm based in Scottsdale, Arizona. rn Monty Walker: Monty is a CPA with a formal background in accounting.

Sale 130
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OpenAI buys Rockset to bolster its enterprise AI

TechCrunch: M&A

The Rockset buy fits into OpenAI's broader recent strategy of investing heavily in its enterprise sales and tech orgs. © 2024 TechCrunch. All rights reserved. For personal use only.

IT 326
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Liquidity in a Challenging Climate May 2024 - Financing a Continuation Vehicle – Lender Considerations

JD Supra: Mergers

A continuation fund is an entity fund set up by a sponsor in order to purchase an asset (or assets) from an existing fund managed by that sponsor. By: Cadwalader, Wickersham & Taft LLP

Finance 171
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Wall Street Moguls Win Important Backer in Their Fight Over Hedge Fund Sale

The New York Times: Mergers, Acquisitions and Dive

A group of high-profile investors is pushing to buy a storied hedge fund that has already agreed to be sold to another firm.

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BuzzFeed Strikes Deal to Sell ‘Hot Ones’ Company for $82.5 Million

The New York Times: Mergers, Acquisitions and Dive

The sale, to a group that includes the shows host, Sean Evans, and Soros Fund Management, will allow BuzzFeed to pay down tens of millions of dollars in debt.

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