Law 360 M&A

JANUARY 11, 2024

Gas station company Sunoco LP announced Thursday that it is selling over 200 of its convenience stores to Akin Gump Strauss Hauer & Feld LLP-advised 7-Eleven Inc. for roughly $1 billion, while also unveiling plans to buy liquid fuel terminals in Amsterdam and Ireland from Zenith Energy.

52

52

Benzinga

NOVEMBER 7, 2022

07, 2022 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ( "Tilray Brands" or the "Company") ((NASDAQ, TSX: TLRY ), today announced the acquisition of Montauk Brewing Company ("Montauk Brewing"), the #1 craft brewer in Metro New York. The acquisition is expected to be accretive to the Company's adjusted EBITDA.

EBITDA 40

EBITDA Marketability 40

ABI

JANUARY 13, 2021

iv] The case was, thereafter, converted to Chapter 7. [v] xvii] While Debtor’s business billed forty to sixty million dollars annually, it only collected between eleven and twelve percent of those billings per year, thus “yielding no material profit.” 17-10703-BKC-RAM, 2020 WL 3410182, at *7 (Bankr. xii] See Intershoe, Inc.

40

40

Reynolds Holding

MAY 10, 2023

The contraction of the market for special purpose acquisition companies (SPACs) and the recent challenges de-SPACed companies have encountered have attracted considerable press attention. Bankruptcy, though, is not necessarily the end of the road for a struggling de-SPACed company.

Going Concern Value 49

Going Concern Value Finance Equity Technology 49

Reynolds Holding

JANUARY 9, 2023

Investors had alleged – through an initial complaint filed in September 2016 – that the social media company misled shareholders during a six-month period in 2015 about growth prospects and user engagement. The class action settlement is the second largest award ever to be paid by a China-based company. Teva Pharmaceutical.

Banking 81

Banking Private Equity Firm Marketability Compliance 81

Reynolds Holding

JANUARY 21, 2024

As we previously discussed, the new Merger Guidelines demonstrate an increased focus on vertical and conglomerate transactions, competition for labor, potential competition, transactions involving private equity and technology companies, and market trends toward concentration. In Louisiana Children’s Medical Center/HCA Healthcare, Inc.

Marketability 45

Marketability Technology Equity 45

Reynolds Holding

OCTOBER 5, 2022

On November 7, 2022, the Supreme Court will hear argument in SEC v. Lucia Companies, Inc. Lee Enterprises, Inc. CytoDyn Inc. 13, 2021), which we discussed in our 2021 Year-End Securities Litigation Update, the court declined to apply both the stringent review of Blasius Industries, Inc. UIP Companies, Inc.

Start-ups 72

Start-ups Marketability Equity Compliance 72