Like most people, you may not have been aware that one of the most anticipated and biggest eSports tournament, the League of Legends World Championship Finals (LoL Finals) happened just this past weekend. In comparison to its inception in 2011 where the LoL Finals attracted a little over 1.6 million viewers, the 2017 LoL Finals was held at Shanghai’s “Bird’s Nest” National Stadium (where the 2008 Olympics were held) and attracted over 73 million viewers. View Full Post
Companies spend more than $2 trillion on acquisitions every year, yet many acquisitions ultimately fall short of expectations. There are several reasons why a transaction may not turn out as planned, but oftentimes the culprit is poor post-closing integration. While most transactions are given a great deal of attention until the day of closing, the same degree of attention doesn’t always continue past the closing date to include a post-closing action plan. View Full Post
M&A trends in the restaurant industry We previously reported on the increased amount of deal activity in the food and beverage sector, including the growing attention towards specific niche areas within this industry, such as natural and organic food and “indulgence” foods. Based on the number of mergers and acquisitions (M&A) deals seen in 2016 and in 2017 so far, it has been predicted that 2017 would be a successful year for the food and beverage industry. View Full Post
Today the Bank of Canada (the Bank) released its highly anticipated announcement regarding the overnight interest rate (the Rate). The announcement can be found in its entirety here. After previous successive Rate increases this past summer (as we reported on here), the Bank decided to maintain a steady course by keeping the Rate constant at 1 per cent, indicating a measure of return to normalcy. View Full Post