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Groupon has just filed a Form D for a $10,288,416 offering of equity in connection with its acquisition of Chilean startup Zappedy.
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The law firm represented two private equity firms in connection with the takeovers.
A special focus session on equity, scheduled in connection with the formal plenary meeting of the Executive Board, highlighted the issue.
In its Registration D filing today, the company acknowledged the $20.5 million equity transaction was made in connection with the acquisition.
The police in London have arrested a European equities trader, Kweku Adoboli, in connection with the case, according to a person with direct knowledge of the situation who was not authorized to speak publicly.
In that case, the plaintiffs are handicapped since many of the private equity firms obtained these releases in connection with their own buyouts.
Excluding several one-time financial charges and benefits -- including a $31 million loss on equity investments, a $24 million charge in connection with previous revamping charges and a $22 million tax benefit -- the net loss was $78 million, or 2 cents a share.
Putting to one side the private equity groups that have been named in connection with the acquisition — Hellman & Friedman, Silver Lake Management and Thoma Bravo — there are at least three strategic groups we've heard in connection with the Here acquisition.
A takeover of an ad agency would not be a typical deal for Blackstone, or Quadrangle, or Hellman & Friedman or even Kohlberg Kravis Roberts—all private-equity firms that have been mentioned often in connection with Grey.
A recent prominent example is Jana's use of these contracts in connection with its taking an equity stake in CNET.
Hendy's attention-grabbing interview has put the spotlight on transport as a key policy in terms of social equity, a connection that is rarely made.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com