Cooley M&A

MAY 21, 2021

April 30, 2021) is 125 pages long, but she helpfully digests the holding in a single sentence on page 3: “ Chalking up a victory for deal certainty , this post-trial decision resolves all issues in favor of seller and orders the buyers to close on the purchase agreement.” Chancellor McCormick’s opinion in Snow Phipps Group, LLC, et al.

Debt Financing

Class VI Partner

AUGUST 4, 2022

Back (Closer) to Reality During the height of M&A activity in 2021, competition for deals was so elevated that many investors and lenders were willing overlook certain risks in target businesses to win deals. Conservative investors are unlikely to opt for more than 3x debt financing for acquisitions during a period of market volatility.

EBITDA

Cooley M&A

JANUARY 25, 2023

Although 2022 saw a general decline in M&A activity in the life sciences industry compared to 2021’s frenetic pace (when deal volume was up 52% from 2020 ), life sciences deal flow in 2022 on balance remained strong despite the headwinds. Let’s dig in.

Marketability

Reynolds Holding

JUNE 13, 2024

debt capital markets facilitate 75 percent of debt financing of non-financial corporations. 13] Transaction volume in listed equities has doubled in the last five years and tripled in the last 17 years. [14] The Commission plays a key role in overseeing many aspects of the nonbank sector. Further, U.S. In Europe, the U.K.,

Technology

Musings on Markets

APRIL 20, 2021

For instance, the 2017 US tax reform act, in addition to lowering the corporate tax rate, also changed the way that foreign income to US companies was taxed and put limits on the tax deductibility of debt. It thus weights bigger companies more than smaller companies. billion in accrual taxes and $15.98 billion in cash taxes.

Start-ups

Cooley M&A

OCTOBER 8, 2024

Third, and finally, the party seeking specific performance must prove that a balancing of the equities favors an order of specific performance. While the first two factors are relatively straightforward (although fact-dependent), the third factor – balancing of the equities – is less clear-cut. KCake Acquisition Inc. , Hill-Rom Inc. ,

Debt Financing

Cooley M&A

JANUARY 25, 2024

The higher interest rates escalated borrowing expenses, making mega-deals (deals valued at $5 billion or more) significantly more expensive, due to their heavy reliance on debt financing, and impacted valuation multiples with higher discount rates.

Start-ups

Cooley M&A

JANUARY 25, 2023

However, deal activity fizzled in the second half of 2022, as high inflation, aggressive anti-inflation monetary policies, geopolitical instability, assertive antitrust regulators and tightening financing markets depressed target valuations, reduced strategic acquirer confidence and sidelined private equity sponsor buyers. trillion. [2]

Equity

Reynolds Holding

NOVEMBER 13, 2024

person’s direct or indirect: Acquisition of an equity interest or contingent equity interest; Certain debt financing that affords or will afford the U.S. The Final Rule modifies the treatment of certain debt and contingent equity transactions. Covered Transactions Covered transactions include a U.S.

Treasury

Reynolds Holding

DECEMBER 5, 2024

The Outbound Rules cover certain equity, debt, and other transactions that provide resources to businesses active in the semiconductor/microelectronics, quantum information technology, and artificial intelligence (AI) areas that are connected in specific ways to the PRC (which, for purposes of the new rules, includes Hong Kong and Macau).

Treasury

Cooley M&A

FEBRUARY 3, 2025

Over the course of the year, many of the headwinds that have slowed tech M&A activity since 2022 began to abate as interest rates moderated, the acquisition financing market returned and equity markets reached new highs. billion acquisition of Altair, IBMs pending $6.4 billion take-private acquisition of Squarespace.

Equity