WeissLaw LLP Reminds TCP, TLRY, WORK, and GNBF Shareholders About Its Ongoing Investigations
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If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
TC PipeLines, LP (NYSE: TCP)
WeissLaw LLP is investigating possible breaches of the limited partnership agreement, fiduciary duty and other violations of law by the board of directors of
TC PipeLines, LP (NYSE: TCP) in connection with the proposed interested-party acquisition of TCP by TC Energy Corporation ( TRP ). Under the terms of the agreement, TCP unitholders will receive 0.70 TRP shares for each TCP unit they hold, representing implied per-unit consideration of $28.52 based upon TRP s December 22, 2020 closing price of $40.74. If you own TCP shares and wish to discuss this investigation or your rights, please call us at one of th
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SOFTBANK CP UNSP ADR (SFTBY), Citigroup Inc (NYSE:C) - SoftBank To File For First SPAC IPO Today, Seeking To Raise Up To $600M: Axios
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December 21, 2020
Investors are taking a shine to exchange traded funds that track socially responsible investments, like those based on environmental, social, and governance principles.
According to FactSet data, investors have funneled a record $27.4 billion in to ESG-related ETFs so far in 2020, doubling the size of the asset category, the Wall Street Journal reports.
The increased popularity of ESG-related ETFs has also reflected increased bets that the incoming President-elect Joe Biden could push for new legislation aimed at combating climate change, which will likely fuel demand for ESG funds over the years ahead.
In response to this higher demand for ESG investments, asset managers have also rolled out 31 ESG-related ETFs so far this year, almost double last year’s total and bringing the number of ESG-related ETFs in the U.S. to over 100, according to Elisabeth Kashner, director of ETF research at FactSet.
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SoftBank Group Corp. is preparing to raise between $500 million and $600 million via an initial public offering of its first special-purpose acquisition company, Axios reported late Sunday, citing multiple sources.
The investment giant, which is known for backing promising technology startups, is said to be prepping for at least two additional SPACs, which are entities created for the sole purpose of merging with another firm and then taking that firm public. SPACs are becoming increasingly popular among tech firms as a lower-cost alternative to the traditional IPO process.
Axios cited senior SoftBank executive Rajeev Misra as saying that Citigroup and Goldman Sachs are lead-managing the process, and said the SPAC is intended to buy a company SoftBank has not previously invested in. It’s not clear what company SoftBank is targeting.