Law 360 M&A

FEBRUARY 23, 2024

A proposed class of former Citrix Systems Inc. stockholders accused the company's former CEO and chairman Robert M. billion sale of the cloud software company to Vista Equity Partners Management LLC and Elliott Investment Management LP affiliate Evergreen Coast Capital Corp.

Equity 52

Equity 52

Law 360 M&A

APRIL 20, 2022

Two Citrix Systems Inc. stockholders want to look under the hood of the cloud computing company's planned $16.5 billion sale to Elliott Management Corp. and Vista Equity Partners, saying in a Delaware Chancery Court lawsuit Wednesday that the deal seems to favor the buyers.

Equity 40

Equity 40

Benzinga

NOVEMBER 14, 2022

Facebook parent Meta Platforms Inc (NASDAQ: META ) stopped all development work on its Portal smart displays and smartwatch project following 11,000 job cuts a few days ago, which is 13% of the company's total workforce. Goldman Sachs Group Inc (NYSE: GS ) forecasts core personal consumption expenditure (PCE) falling to 2.9%

Private Equity Firm 98

Private Equity Firm Banking Marketability Equity 98

Reynolds Holding

OCTOBER 5, 2022

Lucia Companies, Inc. On June 30, 2022, in a 6-3 split decision, the Supreme Court held that the Environmental Protection Agency (“EPA”) lacks the authority to change the Clean Air Act’s definition of “best system of emission reduction.” Lee Enterprises, Inc. CytoDyn Inc. UIP Companies, Inc.

Start-ups 72

Start-ups Marketability Equity Compliance 72

Reynolds Holding

MARCH 27, 2023

We examine developments in federal securities litigation involving special purpose acquisition companies. This figure is significantly lower than in 2016, when the Delaware Court of Chancery effectively put an end to the practice of disclosure-only settlements in In re Trulia Inc. Stockholder Litigation , 29 A.3d 3d 884 (Del.

Technology 59

Technology Start-ups Compliance Finance 59

Reynolds Holding

FEBRUARY 1, 2023

A wide number of companies also announced separations, divestitures, carve-outs and spin-offs across industries over the course of the year, with over thirty $1 billion-plus divestitures and nearly forty spin-offs announced. billion acquisition by a consortium led by Permira and Hellman & Friedman and Thoma Bravo’s $10.7

Finance 45

Finance Equity Technology Banking 45