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Tag: strategic alternatives

TechTarget to Expand Scale and Leadership Position in B2B Data and Market Access through Strategic Combination with Informa Tech’s Digital Businesses

TechTarget shareholders to receive approximately $11.79 per share in cash and retain a 43% stake in New TechTarget, allowing them to participate in the...

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Crypto Custodian Prime Trust Files for Bankruptcy – Decrypt

Las Vegas-based cryptocurrency custodian Prime Trust filed for Chapter 11 bankruptcy protection on Monday, the latest setback for the troubled financial technology company.The bankruptcy...

Crypto Custody Firm Prime Trust Files for Chapter 11 Bankruptcy

The bankrupt firm estimated liabilities between $100 million and $500 million, with the firm’s top five unsecured creditors having claims of around $105...

HSBC approves multi-million-pound bonuses for Silicon Valley Bank UK staff

On March 10, the activities of Silicon Valley Bank UK were terminated by order of the Bank of England (BoE), which said that the...

SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report

Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant...

Silicon Valley Bank parent firm files for bankruptcy protection

SVB Financial Group, the parent company of Silicon Valley Bank, has filed for bankruptcy protection, according to a press release from the company on...

Silicon Valley Bank’s Parent Firm Files for Bankruptcy As Bitcoin Soars Over 30% in a Week

The parent firm of Silicon Valley Bank is announcing that it is filing for bankruptcy as the price of Bitcoin (BTC) skyrockets 30% in...

Magnet Forensics Inc. Enters into Definitive Agreement to be Acquired by Thoma Bravo

TORONTO–(BUSINESS WIRE)–Magnet Forensics Inc. (the “Company” or “Magnet”) (TSX: MAGT), developer of digital investigation solutions for more than 4,000 enterprises and public safety organizations,...

EDP Biotech Announces New Hire Sam Libby to Lead Rapid Company Growth and Expansion Opportunities

Sam Libby joins EDP Biotech Corporation as Head of Mergers & Acquisitions and Corporate Development to expand investments and create new corporate relationship opportunities...

Responding To Tough Markets: Restructurings In Biotech

Another day, another “restructuring” – there’s been a flurry of press releases recently using phrases like “exploring strategic alternatives”, “extending the cash runway”, and...

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