Private equity firms famously use so-called roll-up mergers to rationalize competition in crowded and/or fragmented markets; and to combine companies with complementary capabilities into a full-service business. For example, an oil exploration enterprise could be combined with a drilling company and/or a refiner, creating a vertically integrated firm. For perhaps obvious reasons, such practices raise, at least antitrust scrutiny. The articles in the present volume explore these debat.

Antitrust Chronicle® – Private Equity Roll-Up Schemes

Private equity investment generally and roll-ups specifically are well-established investment strategies that can be good for competition, and can help the companies in which private equity funds invest achieve more professional and better management, become well capitalized, and ultimately grow into stronger competitors. That is not to say there may not be instances where private equity may be accused of violating the antitrust laws. However, existing antitrust laws are more than sufficient.

Unraveling the Roll-Up: Private Equity’s Misunderstood Investment Strategy

Fill in the form below for free unlimited access to all our Trackers and Studies. By completing this form, I have read and acknowledged the terms and conditions. The dynamic, emerging expectations of end-users is constantly reshaping the financial services landscape. But against a backdrop where innovation moves faster than...

Payments Execs Say Banking-as-a-Service Players Forgot the Banking Part

Fintel reports that on June 28, 2024, B of A Securities initiated coverage of CG Oncology (NasdaqGS:CGON) with a Buy recommendation. As of June 12, 2024, the average one-year price target for CG Oncology is 69.56. The forecasts range from a low of 50.50 to a high of $90.30. The average price target represents an increase of 120.56% from its latest reported closing price of 31.54.

B of A Securities Initiates Coverage of CG Oncology (CGON) with Buy Recommendation

Virginia State

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Margaret Minnicks

WVTF reported that a new Virginia law will become effective on July 1, 2024. The law will prevent utility companies from disconnecting services on various occasions, which could leave someone without power for days.

A new law will keep utilities from being disconnected on weekends and holidays in Virginia

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Anika Jindal

At times, a singular action has the power to unveil a person’s true character. Witnessing someone engage in behavior that you find repulsive can make it challenging to maintain respect for them thereafter.

13 Warning Signals That You Are Not A Good Person

Denver, CO

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David Heitz

The mother of a Denver homeless man told the City Council Monday that city-sponsored services have failed her son. Barbara Hallick Yeomans made her remarks during public comment period of the City Council meeting. She said her son grapples with substance abuse and mental illness and repeatedly has been harassed by police. She said her son also suffered verbal abuse by a guard in the Denver County Jail. Yeomans said she heard the guard harassing her son over the phone.

Mother says Denver homeless services have failed her son

Georgia State

Coffee County, GA

Douglas, GA

Daily Coffee Press

A 49-year-old woman from Douglas was recently arrested for allegedly submitting a life insurance policy for her ex-husband without his knowledge. According to a Coffee County Sheriff’s Office incident report, detectives met with a man on May 7 at the Coffee County Law Enforcement Center concerning a reported case of insurance fraud.

Georgia woman charged for allegedly filing life insurance policy application on ex-husband

Newark, NJ

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

Ali Carney, 46, of Newark, received a 65-month prison sentence for conspiring to distribute narcotics, including fentanyl and heroin, and possessing with intent to distribute fentanyl, according to U.S. Attorney Philip R. Sellinger.

Gang Member Sentenced to 65 Months for Drug Trafficking

Fill in the form below for free unlimited access to all our Trackers and Studies. By completing this form, I have read and acknowledged the terms and conditions. Walmart recently held its 4th annual Walmart+ event from June 17 to 23. This year, the Walmart+ sale event lasted a week, not a weekend, and offered additional perks. The retailer made the shopping event exclusive to subscribers.

First Look: Walmart+ Week Draws High-Income Shoppers Looking for Deals

New Jersey State

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Gloucester County, NJ

Franklinville, NJ

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

U.S. District Judge Margo Brodie in Brooklyn rejected a preliminary $30 billion settlement between Visa Inc. (V.N) and Mastercard Inc. (MA.N) and merchants who claimed they were overcharged on swipe fees. Judge Brodie’s decision, detailed in an 88-page opinion released on Friday, suggests that Visa and Mastercard could likely withstand a much larger settlement than what was proposed.

Federal Judge Suggests Visa and Mastercard Can Afford Higher Settlement

Steven is a personal finance writer covering topics from mortgages to credit cards to market news. He has written for The Motley Fool Canada, Ramsey Solutions, Nerdwallet, Clever Real Estate, and other major outlets. Steven launched his writing career at the age of four with his first book, "Revenge of the Bad Guys." He currently lives in Portland, Oregon.

PNC Bank CD Rates for 2024

Gildan Activewear is pleased to announce the publication of its 20th Environmental, Social, and Governance (ESG) report, marking a significant milestone in the company’s long history of public ESG disclosures. The 2023 report highlights Gildan’s continued progress against key targets, two years into the implementation of its Next Generation...

Gildan Activewear Releases 2023 ESG Report

Essex County, NJ

Omar Khater, 33, orchestrated a scheme to steal identities and file false tax returns. Fairfield, NJ – Omar Khater, a tax preparer from Essex County, was sentenced to 57 months in prison for his role in a conspiracy to defraud the IRS of over $4.4 million. U.S. Attorney Philip R. Sellinger announced the sentencing today.

Essex County Tax Preparer Sentenced: $4.4M IRS Fraud

NEWARK, N.J. — Thomas Manzo, the ex-husband of a star from Bravo's "The Real Housewives of New Jersey," was convicted today of planning an assault on his ex-wife’s current husband in exchange for a lavish wedding reception, U.S. Attorney Philip R. Sellinger announced. The 59-year-old Franklin Lakes resident was found guilty after a two-and-a-half-week trial before U.S. District Judge Susan D. Wigenton in Newark federal court.

Real Housewives Star's Ex Convicted of Violent Assault

California State

The HD Post

CALIFORNIA – Governor Gavin Newsom announced, June 28, that 1,700 first-generation homebuyers have been conditionally approved for the Dream For All (DFA) Shared Appreciation Loan program.

CalHFA issues all 1,700 vouchers for down payment assistance program

The Motley Fool

Don't let Chewy's recent share price increase scare you away from a long-term investment in an industry leader.

5 Reasons to Buy Chewy Stock Hand Over Fist

NewsBreak

The FTC’s Focus on Private Equity is Warranted

The FTC’s focus on private equity in healthcare is warranted, as we have argued in these remarks, because...

The FTC’s Focus on Private Equity is Warranted

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