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LVMH, Tiffany Engage In Luxurious War Of Words

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The suit, filed Monday in Delaware , says that LVMH “continues to have full confidence in its position that the conditions necessary to close the acquisition of Tiffany have not been met.”. The two sides go to trial in January in Delaware. In the balance lies the future of one of retail’s truly iconic luxury brands. billion takeover.

Delaware 189
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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

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Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Holdaway will be based in Wilmington, Delaware, and will start his new position in July.

Capital 100
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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

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The court filing took place in Delaware on Monday, April 13. True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. True Religion tried to capitalize on that with its own brand of workout pants.

Delaware 160
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Funding Could Bring The RealReal To $1B Valuation

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A Delaware stock authorization filing was discovered by the Prime Unicorn Index. Led by Founder and CEO Julie Wainwright, the RealReal has raised a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Sandbridge Capital, PWP Growth Equity, Industry Ventures, Greycroft and Canaan.

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Wyoming Lures Crypto Companies With Friendly Laws

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The more traction and the more ground we can gain toward Delaware, the better for the state of Wyoming.” He was referring to Delaware’s friendly stance on LLCs. It’s cheaper and easier from a corporate filing perspective,” says Row, who is a managing partner at Entoro Capital.

Wyoming 104
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Jessica Alba’s Honest Company Faces A Down Round

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According to emerging news reports, the five-year-old home and body care product company is looking to raise $75 million in new Series D venture capital funding at $19.60 per share, according to a Delaware filing first spied by CB Insights and reported by Axios. That places its total valuation at $1.7 billion.

Company 139
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Barclays Eyes US Expansion

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In addition, sources say that Barclays is putting more capital behind its U.S. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. accounted for 40 percent of the bank’s profits, and around a fifth of the bank’s capital is allocated to the country. checking account offering.

Delaware 101