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Blackstone Completes Acquisition of Cvent

Blackstone News

Cvent”), an industry-leading meetings, events and hospitality technology provider, today announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone (“Blackstone”) for $8.50 Simpson Thacher & Bartlett LLP acted as legal counsel to Blackstone, and Evercore, Morgan Stanley & Co.

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Blackstone Completes Acquisition of Rover

Blackstone News

Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the completion of its acquisition by private equity funds affiliated with Blackstone (“Blackstone”) in an all-cash transaction valued at approximately $2.3 With the completion of the acquisition, Rover stockholders are entitled to receive $11.00

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Rover Agrees to be Acquired by Blackstone in $2.3 Billion Transaction

Blackstone News

Transaction Terms The merger agreement includes a customary 30-day “go-shop” period expiring on December 29, 2023. During this period, Rover and its advisors will be permitted to solicit, consider and negotiate alternative acquisition proposals from third parties. Closing of the transaction is not subject to a financing condition.

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This Ultra-High-Yield Dividend Stock Is About to Lose Its Crown

The Motley Fool

The company has been battling legal issues related to water pollution and potentially faulty earplugs sold to the military. While the settlement structures will help lessen the impact of those costs, the company needs to bolster its financial flexibility so its legal liabilities won't harm its balance sheet or impact its ability to grow.

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Globus Medical (GMED) Q4 2024 Earnings Call Transcript

The Motley Fool

The strong cash flow will enable us to return to a debt-free status as we exit Q1 2025, paying off the remainder of the $1 billion debt inherited from the NuVasive merger. The acquisition of Nevro further expands our reach into the musculoskeletal market, adding an additional $2 billion market space for us to compete in and grow.

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ICYMI: WSJ Editorial Board Highlights Private Equity’s Legal Victory Against the FTC 

American Investment Council

Yet she trumpets legal defeats as victories and keeps grinning like she’s winning.” The editorial criticized the FTC’s novel legal theory that any asset manager could be sued for a company’s alleged anticompetitive conduct if it holds shares. because the company it partially owned made anticompetitive acquisitions,” Judge Hoyt wrote.

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Understanding Sell-Side Advisory Services for Small Businesses

Axial

This will help you better understand the entire mergers and acquisitions process, when to engage an advisor, and the role youll play as a business owner in your exit. Selling a business is a complex process that demands expertise in areas like financial analysis, marketing, and legal considerations.