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Brooks Brothers Seeks Court Approval For $305M Stalking Horse Bid

PYMNTS

Brooks Brothers is seeking court approval for a $305 million stalking horse deal it reached with SPARC Group LLC, which is partly owned by Authentic Brands Group (ABG). The retailer said it filed a motion in United States Bankruptcy Court for the District of Delaware to receive the go-ahead for the asset purchase deal with SPARC.

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The United States Of Startups: The Most Well-Funded Tech Startup In Every US State

CB Insights

The others include: Vox Media , Magic Leap , GreenSky , Avant , DraftKings , Duo Security , Infor , AvidXChange , and Domo. Acumen Brands. Tilson Technology Management. Tenable Network Security. Duo Security. $ The company is one of 10 unicorns (companies valued at $1B+) to make the map this year. AfterSchool.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

On December 20, mobile security company NXT-ID Inc announced that its subsidiary FitPay , which adds contactless payment capabilities to wearable and IoT devices, would enter a partnership with financial services company Cascade Financial Technology Corp. the day after the announcement (up from its price of $3.10 at open on Jan 9).

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

As a digitized, secure, and tamper-proof ledger, blockchain could serve the same function, injecting enhanced accuracy and information-sharing into the financial services ecosystem. Elections require authentication of voters’ identity, secure record keeping to track votes, and trusted tallies to determine the winner. Healthcare.