Hints and tips:
...Mathias Döpfner, chief executive of Politico-owner Axel Springer that has met leading AI companies Google, Microsoft and OpenAI, said his first choice would be to create a “quantitative” model similar to...
...But on Tuesday, Credit Suisse withdrew its petition after paying the owner of the trademark a fee to use the brand, according to people with knowledge of the arrangement....
...It is not clear which approach Twitter will take under new owner Elon Musk, who has laid off almost half of the social media company’s employees but pressed remaining staff to return to offices....
...However much rivals gossip about Raine’s handling of the deal — and gossip they do — the bank is due to collect a $31.5mn fee for its work after emerging with yet another record valuation....
...Match Group, the owner of dating app Tinder, also settled with Google ahead of trial....
...Bankers say this amounts to a management fee, which the market values more highly than more volatile performance fees....
...At the same time, clients have agreed to pay a minimum fee — effectively a management fee that provides the business with more stable revenues — on top of the cost pass-through structure, where they absorb...
...Private equity conflict Private equity firms are increasingly providing debt financing to companies they own, making them both owner and lender to businesses in their portfolios....
...Nasdaq charges a one-time listing fee of $270,000, compared with NYSE’s $295,000....
...Franklin will pay Putnam’s owner, Great-West Lifeco, $925mn in cash and shares up front and up to $375mn more over the next seven years if revenue targets are reached....
...Effron and Pruzan also earn a management fee to run the firm....
...Sports leagues usually have to share their revenues with teams and their owners. WWE doesn’t have to bother with any of that. There aren’t any teams, just wrestlers and other staff....
...Evernorth, a subsidiary of health insurance company Cigna, has invested an undisclosed amount and will be a minority owner in VillageMD....
...As their notoriety and value rose, more owners began to use these digital certificates as collateral for crypto loans....
...Yuga will allow owners of its Apes and other NFT characters such as Cool Cats or World of Women to interact and play games together, allowing anyone to share the virtual space....
...Coleman and Plotkin are both facing a dilemma that even their most deep-pocketed allies can’t fix: performance fee structures....
...(Those costs are increasingly being funded from performance fee income instead, freeing up the management fee cash to be passed on to shareholders.)...
...Job moves Billionaire tech investor Peter Thiel will not seek re-election to the board of Facebook’s owner Meta later this year....
...“There is a possibility that you will recover nothing,” the letter adds, “in which case we will receive no attorneys’ fee from you.”...
...(FT) Millionaires vs billionaires Wentworth, the prestigious English golf club, has a new Chinese billionaire owner....
...Now that it’s a hedge fund, it will still sometimes sell co-investments for a fee....
...Beijing regulators’ decision to halt Ant Group’s hulking $37bn IPO may have helped tip the scale in topping banks’ $1.77bn fee record earned from Chinese groups in 2010....
...In announcing their truce on Monday, the sides said that all litigation had been dropped and neither party would pay a termination fee....
...Alphaville was recently flipping through the Paycheck Protection Program (PPP) data dump from the US Treasury and came across loans for two entities called Delight Holdco I LLC and Delight Holdco II LLC....
...(Vanity Fair) News round-up Intercontinental Exchange chief defends eBay approach (FT) Cohen unlikely to reach deal to buy Mets baseball team (FT) EBay wasn’t interested in a deal with NYSE’s owner,...
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