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Tornetta v. Musk: Post-Trial Opinion

Harvard Corporate Governance

The plan offers Musk the opportunity to secure 12 total tranches of options, each representing 1% of Tesla’s total outstanding shares as of January 21, 2018. With a $55.8 billion maximum value and $2.6

EBITDA 337
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Chancery Invalidates Elon Musk’s $55.8 Billion Equity Compensation Package

Harvard Corporate Governance

1] The plaintiff-stockholders alleged that Tesla’s directors breached their fiduciary duties by awarding Musk performance-based stock options in January 2018 with a potential $55.8 A February 8, 2018 proxy statement (the “Proxy”) notified stockholders of a vote on the Grant, which was held on March 21, 2018. Tornetta et al.

Equity 225
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Middle Market Private Equity M&A Activity – Q2 2020

Value Scope

Debt Usage Decline In Q2 2020, total debt to EBITDA fell to 3.3x decline in total debt to EBITDA was attributed to a decline in senior debt to EBITDA, pushing the percentage of subordinate debt to total debt to 15.2%, up 2.4% Despite the simple average enterprise value (EV) to EBITDA multiple remaining at 7.4x

Equity 130
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Middle Market Private Equity M&A Activity – Q2 2020

Value Scope

In Q2 2020, total debt to EBITDA fell to 3.3x decline in total debt to EBITDA was attributed to a decline in senior debt to EBITDA, pushing the percentage of subordinate debt to total debt to 15.2%, up 2.4% Despite the simple average enterprise value (EV) to EBITDA multiple remaining at 7.4x than its 2018 average of 7.5x.

Equity 130
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Irwin Naturals Closes Acquisition of Leading Kentucky Clinic adding $3 Million in Projected EBITDA, Company delivering on ambitious strategy to build largest global network of mental health clinics

Benzinga

First, the acquisition is expected to be immediately accretive increasing the company's annualized EBITDA by double digits and second, the addition of this clinic further demonstrates Irwin's ability to attract profitable clinics as part of its goal to establishing the world's largest network of psychedelic mental health clinics.

EBITDA 40
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REPEAT - Irwin Naturals Closes Acquisition of Leading Kentucky Clinic adding $3 Million in Projected EBITDA, Company delivering on ambitious strategy to build largest global network of mental health clinics

Benzinga

First, the acquisition is expected to be immediately accretive increasing the company's annualized EBITDA by double digits and second, the addition of this clinic further demonstrates Irwin's ability to attract profitable clinics as part of its goal to establishing the world's largest network of psychedelic mental health clinics.

EBITDA 40
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Musk’s $56 billion: Pay, Incentives, or Rewards?

Reynolds Holding

The media outrage centers around his 2018 pay package, with many of the headlines reporting a whopping $56 billion as the pay awarded to the CEO under the package. About 72 percent of shareholders voted in favor of the award, roughly the same percentage that voted in favor in 2018 also. firm-years (i.e., We find that only 6.4