Hints and tips:
...In December Bit Brother sold $12mn of shares and warrants, which give holders the right to buy additional shares....
...Skadden has hired Adam Cohen and Mark Chorazak as co-heads of the financial institutions regulatory group....
...“I said to Mark [Walter], ‘You’re going to think I put this in there. I didn’t!’”...
...Any deal would mark the first institutional investment into Yuga, a secretive outfit led by pseudonymous founders — Gordon Goner, Emperor Tomato Ketchup, No Sass and Gargamel....
...It’s not going to be debt holders, which are the Fed and the Federal Home Loan Bank of San Francisco. They are secured creditors who hold collateral against their loans....
...recommended the bid led by SoftBank-owned Fortress, which offered 252p a share and a 2p special dividend, alongside a long list of commitments to safeguard the company’s employees, suppliers and pension holders...
...It made its investment in Legendary on a preferred basis, giving it seniority to equity holder Dalian Wanda, a foundering Chinese conglomerate that overpaid for the outfit, spending $3.5bn in 2016....
...Chief executive Mark Zuckerberg said Meta’s outlook had been hurt by competition from TikTok, prompting concern that it may be facing an erosion of audience attention....
...This type of cross-investing, which analysts say is unusual, marks one of the latest controversies surrounding Wood’s $50bn Ark investment firm, which has drawn massive inflows into its actively managed...
...Magnetar Capital, a company with more than $12bn in assets, also increased its Spac allocation from $751m to $2.9bn over the same period as Millennium, ranking it as the second-largest holder of Spacs....
...What’s important here is that a company called “Fercom” (just a place holder name, as in “steel company”) is marked as the “profit centre”....
...But the tax-advantaged status came with heavy bureaucracy, forcing holders to file complex tax returns in multiple US states if they owned even a single share....
...In the process, it has become the world’s largest holder of these investment vehicles, which package risky corporate loans into safer bonds, after doubling its holdings in little over a year to Y8tn ($74bn...
...Senior and junior creditors (and perhaps equity holders) would argue about how much a reorganised company was worth....
...This might raise a few question marks over that idea.”...
...Zuck initially wanted to retain voting control of the company while selling his shares to fund charitable ventures — which notably, are structured like an LLC rather than a foundation....
...Japan’s central bank has developed into a major holder of ETFs which it has used to pump money into the stock market as part of its quantitative easing programme....
...It says it has paid about $1bn to rights-holders, artists and songwriters in royalties since launch....
...Holders of each share of Starz Series A common stock will receive $18.00 in cash as well as 0.6784 of a share of Lionsgate non-voting stock based on a fixed exchange ratio....
...A deal with GIC would mark the second time in less than a decade that a Singaporean investment fund has taken an interest in Eir, which has been traded between investors and debt holders in a convoluted...
...Now, speculators will be free to take liberties, fortified by the knowledge that the BoJ has only enough powder left to miss the mark one more time. The yen surged derisively....
...Mark Ellis, chief executive, said he expected the restructuring to “provide a platform for future growth”....
...Holders of each share of Starz Series A common stock will receive $18 in cash as well as 0.6784 of a share of Lions Gate non-voting stock based on a fixed exchange ratio....
...The Eir deal would mark the second time in less than a decade that a Singaporean investment fund has taken an interest in Eir, which has been traded between investors and debt holders in a convoluted series...
...The announcement by Eric Holder, the attorney-general, marks a substantial escalation in US efforts to curb what it claims has been widespread theft of information and technology by Chinese military and...
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