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Tourmaline Bio Announces Closing of Merger with Talaris Therapeutics and Concurrent Private Placement of $75 Million

Benzinga

("Tourmaline") (NASDAQ: TRML ), a late-stage clinical biotechnology company developing transformative medicines to dramatically improve the lives of patients with life-altering immune diseases, today announced the completion of its previously announced merger with Talaris Therapeutics, Inc.

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LLCs, Direct vs. Derivative Claims, and Special Litigation Committees: A Lively Debate

Farrel Fritz

The current issue of The Business Lawyer , a quarterly publication of the ABA’s Business Law Section that rightly bills itself as “the premier business law journal in the country,” features a pair of dueling articles of great interest to scholars, practitioners, and other students of the limited liability company. His solution?

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Talaris Therapeutics and Tourmaline Bio Announce Merger Agreement

Benzinga

8 million and approximately 21.3 % of the combined company BOSTON and NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) -- Talaris Therapeutics, Inc. 8 million and approximately 21.3 % of the combined company BOSTON and NEW YORK, June 22, 2023 (GLOBE NEWSWIRE) -- Talaris Therapeutics, Inc. NASDAQ: TALS ) ("Talaris") and Tourmaline Bio, Inc.

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Is Now The Right Time?

A Neumann & Associates

Inevitably, at some point during an initial meeting with a business owner, the question, “Is now a good time for me to sell my business?”, This also includes companies looking to expand geographically or individuals looking to buy a business for their families. The second is a pending increase in the Capital Gains tax rates.

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Oil & Gas Investment Banking: The First Victim of the ESG Cult?

Brian DeChesare

Oil & Gas Investment Banking Definition: In oil & gas investment banking, professionals advise companies that search for, produce, store, transport, refine, and market energy on raising debt and equity and completing mergers and acquisitions. Many are owned in whole or in part by governments (“national oil companies” or NOCs).

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Delaware Puts the Conduct of Business Covenant on Center Stage in COVID-Related M&A Dispute

Cooley M&A

Despite the initial flurry of litigation activity, many parties settled their disputes prior to trial, such that Vice Chancellor Laster’s recent opinion in AB Stable VIII LLC v MAPS Hotels and Resorts One LLC , et al. billion, a portion of which was to be funded with third-party debt.

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Milbank Discusses Universal Proxy and “Horizontal” Conflicts

Reynolds Holding

There is reason to believe the SEC’s new universal proxy Rule 14a-19 will result in more stockholder nominees being elected to the boards of public companies. When a stockholder nominates a director however, a host of questions arise that are qualitatively different.