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M&A Group Of The Year: Paul Weiss

Law 360 M&A

in its spinoff into three public companies and advising global investment firm 3G Capital in its $7.1 Paul Weiss Rifkind Wharton & Garrison LLP had another banner year in 2022 representing clients on blockbuster deals, including guiding General Electric Co.

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Kraft Heinz Faces New Class Suit Over $15.4B Plunge In Value

Law 360 M&A

Three Kraft Heinz stockholders have mounted a new derivative challenge to its directors, controlling stockholder 3G Capital Inc. billion drop in company value. and five affiliates, citing wrongful refusal of demands to pursue breaches of fiduciary duties that allegedly figured in a $15.4

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Watch Out! This Activist Investor May Put Pressure On These 3 High-Yielding Stocks

Benzinga

billion in assets under management, Trian Partners owns 11% of The Wendy’s Company (NASDAQ: WEN ), where Peltz is the non-executive chairman, as well as Sysco (NYSE: SYY ) and The Madison Square Garden Entertainment Corp (NYSE: MSGE ). The company then turned into Kraft Heinz (NASDAQ: KHC ). Peltz was also a director at H.J.

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ISS Discusses Largest Securities-Related Class Action Settlements of 2023

Reynolds Holding

Kraft Heinz The $450 million settlement against Kraft Heinz arises out of the tumultuous merger in 2015 that created the company. The merger was allegedly orchestrated by prominent buyout firm 3G Capital Partners with a plan to extract $1.5 in August 2019, wiping out about $36 billion in market capitalization.

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