Cryptocurrency Company Circle to go Public in SPAC Deal Circles have announced that it plans to become a government agency. The cryptocurrency firm will merge with a Spec Concord Acquisition Corps. The circle is…
Clearco Gets the SoftBank Stamp of Approval in New $215M Round Toronto-based Clearco Softbank, a fintech capital provider of online companies, has raised $215 million in one round led by Vision Fund II. The financing event…
Non-Exempt Employee According to the United States Fair Labor Standards Act (FLSA), a non-exempt employee is one who is entitled to overtime compensation of at least 1.5…
Exempt Employee Exempt employees are those who are not subject to overtime pay or minimum wage requirements (or both). It refers to a group of workers defined…
The White House will Push to Rethink Cannabis Use in Sport The White House is pushing for a meeting with the World Anti-Doping Agency to discuss easier bans on controlling cannabis use by athletes after star…
Sarah Friar, the Neighbor-in-Chief Heading to the Public Markets Next Door Growing up in Northern Ireland during the riots, Sarah Fryer saw bombs and windows explode in her family home in the explosion. But Fryer also…
Employee Buyout (EBO) An employee buyout (EBO) is a cost-cutting and layoff-avoidance tactic employed by companies to prevent layoffs. It occurs when a company provides a voluntary severance…
Buy-In Management Buyout (BIMBO) A buy-in management buyout (BIMBO) combines a management buy-in and a management buyout into one transaction. It’s a type of leveraged buyout (LBO) that combines…
Effective Communication A company’s lifeblood is effective communication. A company cannot imagine its success without effective communication. Communication is effective when the message is understood and when…
Haiti’s ‘Descent into hell’ Draws Near after President’s Death Jovenel Mouss, shot in front of his family this week, made four scandal-ridden enemies and a few friends as president of Haiti. So many enemies…
Advantages and Disadvantages of a Management Buyout (MBO) A management buyout (MBO) is a form of acquisition in which the firm’s management takes control of the company by expanding their equity share or…
Management Buyout (MBO) A management buyout (MBO) is a corporate finance transaction in which a running firm’s management team purchases the company by borrowing money to buy out…