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eBay to gain $2.2B from sales of its shares in classified biz Adevinta

TechCrunch: M&A

eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 540 million Adevinta shares. billion in cash and 20% equity, it said. Adevinta had originally acquired eBay’s own classified business back in 2020, leaving eBay with $2.2

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How to Stop a Cash-Out Merger from Cancelling Your Shares

JD Supra: Mergers

And although the other existing shareholders will have their shares exchanged for shares of the new corporation, your shares will be cancelled and exchanged for cash. The corporation of which you are a shareholder just sent you notice that it plans to merge with another corporation. Once the merger closes, you are out.

Mergers 161
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Reconciled CEO Michael Ly Shares Lessons Learned from Acquiring Accounting Firms

How2Exit

b' E162: Reconciled CEO, Michael Ly Shares Lessons Learned from Acquiring Accounting Firms - Watch Here rn rn Sponsor: rn rn Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. Their team is experienced in M&A, and they hire the best talent available.

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Midaxo Workspaces Help Teams Isolate Deal Pipelines While Sharing Best Practices 

Midaxo

Sharing Best Practices The platform enhances the confidence and conviction of everyone involved in the dealmaking process by enabling clear and consistent internal communications. By providing a single source of truth, Workspaces enables an organization to share best practices, even across isolated teams.

Shares 220
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Getaround aims to scale car-sharing platform with HyreCar acquisition

TechCrunch: M&A

Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 The combined company’s stock began trading at around $10 per share, but promptly plummeted. To date, Getaround’s stock has lost 96% of its value.

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Patrick Dichter Shares Lessons Learned from Acquiring Accounting Firms

How2Exit

rn rn Summary: Patrick Dichter, owner of Appletree Business Services, shares his journey from sales and marketing to acquiring and growing a small business accounting firm. Patrick is passionate about helping small businesses succeed and providing them with the financial support they need.

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Amendments to the Hong Kong Codes on Takeovers and Mergers and Share Buybacks

JD Supra: Mergers

In Short - The Situation: Certain provisions of the current Codes on Takeovers and Mergers and Share Buybacks of Hong Kong (the "Codes") may cause confusion to companies and relevant stakeholders in complying with the Codes. There are also various existing practices which are not codified.

Mergers 161