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Pandemic-Related Deal Litigation Highlights Buyer Leverage in Transactions Requiring Debt Financing

Cooley M&A

The decisions from the court on those preliminary matters, as well as the arguments raised by legal counsel, offer some valuable lessons for sellers considering sale transactions that require debt financing, and may motivate sellers to re-evaluate certain provisions and remedies that have become customary in those transactions.

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Elon Musk secures $46.5bn to fund possible hostile bid for Twitter

The Guardian M&A

Morgan Stanley, the US investment bank, is leading a group of financial institutions providing $13bn in debt financing. On top of that equity, Musk is raising a further $12.5bn for the offer via a margin loan secured against his shares in Tesla, the electric carmaker that he runs as CEO. Continue reading.

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STG Completes Acquisition of Avid Technology

Benzinga

07, 2023 (GLOBE NEWSWIRE) -- Avid Technology, Inc. NASDAQ: AVID ), a leading technology provider that powers the media and entertainment industry, today announced the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximately $1.4 BURLINGTON, Mass., Rothschild & Co.

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BlackRock Boosts Global Credit Business With Kreos Capital Buyout

Benzinga

Kreos offers growth and venture debt financing to companies in the technology and healthcare industries. BlackRock Inc (NYSE: BLK ) announced a deal to acquire Kreos Capital for undisclosed terms. Kreos is headquartered in London and its 45-person team will join BlackRock as part of the transaction.

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HBox raises $2.1M to transform healthcare with its integrated virtual-first care platform

Lighter Capital

based startup is led by an experienced , 5-founder team with unique expertise in digital health and wearable technology. in a mix of equity and debt financing. They share a mutual goal to virtualize and improve in-home healthcare. HBox has raised $2.1M

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Sharps Technology Signs Asset Purchase Agreement to Acquire InjectEZ Specialty Copolymer Syringe Manufacturing Facility and a 10-Year Purchase Agreement for Over $400 Million from Nephron Pharmaceuticals

Benzinga

26, 2023 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. Management Comments: "These transactions represent a transformative event for the Company," commented Soren Christiansen, Board Chairman of Sharps Technology. Recruiting Robert Hayes as our CEO two years ago was a substantial achievement for Sharps Technology and its shareholders.

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Cavitation Technologies, Inc. and Eagle Ford Silica Sand, LLC Have Signed a Letter of Intent to Merge Their Operations

Benzinga

CHATSWORTH, CA, June 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Cavitation Technologies, Inc.("CTi" CTi's chemical-free water treatment technology will reduce mining operating costs and mitigate environmental impact once incorporated into the existing operation of Eagle Ford.