Firm News
Schulte advises JANA Partners in tactical partnership with Cannae Holdings, Inc.
February 27, 2024
Schulte Roth & Zabel represented JANA Partners (“JANA”), an investment firm focused on creating value through shareholder engagement, in a constructive partnership with Cannae Holdings, Inc. (“Cannae”).
The deal will benefit JANA investors who will realize an increase in returns through the expansion of its industry operator network and support an M&A mechanism to expand shareholder value. JANA Partners was founded in 2001 by Barry Rosenstein and invests in undervalued public companies by engaging with management teams and boards to unlock value for shareholders and improves governance at public companies.
The Schulte team was led by Of Counsel Stuart Freedman; Partner Ele Klein, Co-chair of the M&A and Securities and Global Shareholder Activism Groups; Partners Philippe Benedict (Tax) and Damian Petrovic (M&A and Securities) along with Special Counsel Margaret Hanson (M&A and Securities) and Christine Harlow (Tax) and M&A and Securities Associates Brandon Gold and Nikki Nikova.
Read the Financial Times article here.
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Alerts
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Alerts
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Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]