Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup March 15, 2024 By Jef Feeley, Tim Loh and Crystal Tse Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to...
PE Companies Bain Capital and TPG Weigh Deal for Advent’s CCC Insurance Software September 29, 2023 By Crystal Tse, Ryan Gould and Liana Baker Bain Capital and TPG Inc. are weighing a deal for CCC Intelligent Solutions Holdings Inc., the car-insurance software provider controlled...
Freshpet Board Accused in Suit by Activist Jana of Breaching Duty June 5, 2023 By Crystal Tse Freshpet Inc.’s board members were sued by activist shareholder Jana Partners over claims they breached their fiduciary duty by changing...
FWD Group Withdraws U.S. IPO Plan, Pivoting Instead to Hong Kong December 21, 2021 By Crystal Tse FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China...
‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC May 20, 2021 By Gillian Tan and Crystal Tse Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led...
SEC Throws Another Wrench into Wall Street’s SPAC Machine April 13, 2021 By Ben Bain, Heather Perlberg, Gillian Tan and Crystal Tse U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to...
SPAC Mania Anxiety Grows; Bankers, Regulators, Insurers Try to Keep Pace April 1, 2021 By Gillian Tan, Ben Bain, Heather Perlberg and Crystal Tse Anxiety is growing that the wellspring of special-purpose acquisition companies, a 2020s echo of the dot-com mania of the 1990s,...
Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits February 16, 2021 By Edvard Pettersson and Crystal Tse Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering...
CoStar and Warburg Are Said to Be Competing to Buy CoreLogic: Bloomberg January 22, 2021 By Crystal Tse and Scott Deveau CoStar Group Inc. and a private equity group led by Warburg Pincus are the final bidders competing for data provider...
Update: Online Insurer Lemonade Raises $319M During U.S. Stock Market Debut July 2, 2020 By Crystal Tse Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319...