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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. However, the ordinary course of acquisitions and mergers provides a safe and orderly redistribution of capital from underperforming to outperforming managers.

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Groupon Gets New Activist Investor

PYMNTS

Merage and his company, MIG Capital , based in Newport Beach, California, disclosed the 5 percent stake in the eCommerce company, the reason for which was that the stock was “undervalued, and represented an attractive investment opportunity,” he said. Groupon was MIG Capital’s largest stake in a previous SEC filing.

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Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

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 was founded in 2002 with a headquarters in Malibu Beach, California. True Religion tried to capitalize on that with its own brand of workout pants.

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Equifax Names New Executive For USIS Unit

PYMNTS

In a press release , Equifax said Begor came to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

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Equifax Names Warburg Pincus Executive Its New CEO

PYMNTS

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit.

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Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

There is an out-and-out frenzy to capitalize on the pandemic-fueled digital shift that gave consumers few options for accessing products and services over the last twelve weeks. The Fallacy Of ‘Internet Time’ In November of 1998, a book was published that captured the prevailing wisdom of startups operating at the time.

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Shifting the composition of start-up cohorts can boost macroeconomic performance

BankUnderground

This means that the majority of firms that will be in operation 20 years from now are yet to founded, while many current firms will no longer exist by then. The algorithm uncovers the presence of five well-separated clusters of start-ups, which we label large; capital intensive; high-leverage; cash-intensive and basic.

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