Hastings Entertainment, Inc. reported July 15 that its shareholders approved the merger of Hastings and Draw Another Circle, LLC at a special meeting of Hastings’ shareholders in Amarillo, Texas.
The transaction is valued at about $21.4 million. The vote and merger come after a Texas federal court judge earlier denied a motion for preliminary injunction to halt the deal.
In the midst of Texas’ economic prosperity is roaring activity in its mergers and acquisitions market, with the state seeing its highest rate in years during the first half of 2014 ...
Haynes and Boone ranked fifth in Mergermarket’s data for number of deals, completing 19 in the first six months of the year. That netted more than $1.3 billion. Last year, the firm brought in nine deals.
Controversial online television service Aereo is trying to make a comeback, after the Supreme Court ruled last month it was violating copyright laws by transmitting local channels over the Internet.
Now Aereo says in a new court filing that it wants to be treated just like cable TV carriers, which are entitled to carry local broadcast channels if they pay a government-set compulsory license fee. That’s the opposite of what the Barry Diller-backed startup had argued for the past two years, when it claimed to be providing customers with individual service via thousands of tiny TV antennas.
– Haynes and Boone, LLP co-founder and Partner Mike Boone
has been selected chair of the Southern Methodist University (SMU) Board of Trustees. Boone has been an SMU trustee since 1996.
As chair, Boone will lead the university’s 42-member governing board and serve as co-chair of SMU Unbridled: The Second Century Campaign, a program focused on raising $1 billion for scholarships, faculty and academic excellence, and campus housing. He also serves as the vice chair of the Dedman Law School’s Executive Board.