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Tornetta v. Musk: Post-Trial Opinion

Harvard Corporate Governance

Posted by Anna Restuccia (Harvard Law School), on Thursday, February 1, 2024 Editor's Note: This post provides the text of the post-trial opinion regarding the case between Richard J. against Elon Musk, decided by the Delaware Court of Chancery on January 30, 2024. Tornetta on behalf of Tesla, Inc. Varallo, Glenn R.

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

Harvard Corporate Governance

Posted by Sean Feller, Krista Hanvey, and Christina Andersen, Gibson, Dunn & Crutcher LLP, on Wednesday, February 21, 2024 Editor's Note: Sean Feller and Krista Hanvey are Partners, and Christina Andersen is Of Counsel at Gibson, Dunn & Crutcher LLP. The process arrived at an unfair price.” [3]

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Data Update 4 for 2024: Danger and Opportunity - Bringing Risk into the Equation!

Musings on Markets

In my last data updates for this year, I looked first at how equity markets rebounded in 2023 , driven by a stronger-than-expected economy and inflation coming down, and then at how interest rates mirrored this rebound.

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Retail Opportunity Investments Corp. Reports 2024 First Quarter Results

Benzinga

SAN DIEGO, April 23, 2024 (GLOBE NEWSWIRE) -- Retail Opportunity Investments Corp. NASDAQ: ROIC ) announced today financial and operating results for the three months ended March 31, 2024. per diluted share) FFO per diluted share guidance for 2024 reaffirmed ($1.03 - $1.09 FFO for the first quarter of 2024 was $37.9

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Electrical Equipment Company Encore Wire Gets Wired For Takeover In €3.9B Deal

Benzinga

The transaction price represents a premium of around 20% to the 30-day volume weighted average share price (VWAP) as of Friday, April 12, 2024, and about 29% to the 90-day VWAP as of the same date. EV/2023A EBITDA and 6.3x EV/2023A EBITDA, including run-rate synergies. Encore’s implied Enterprise Value (EV) of around €3.9

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Why Is Snap One Stock Jumping Premarket Monday?

Benzinga

represents a 32% premium to Snap One’s closing shares price on April 12, 2024. multiple on Snap One’s adjusted EBITDA for the twelve months ending December 29, 2023, further adjusted by including projected annual run-rate synergies of $75 million. The per-share price of $10.75 The transaction represents a 7.4x

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Aurora Touts 41% YoY Increase In International Medical Cannabis Q3 Revenue, Expands In Australia Via New Acquisition

Benzinga

(NASDAQ: ACB ) (TSX: ACB ) reported its financial and operational results on Thursday for the third quarter of fiscal year 2024. CEO Miguel Martin said that medical cannabis net revenue has increased significantly year-over-year, adding the third quarter represents the company's fifth consecutive quarter of positive adjusted EBITDA.

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