Monday - May 20, 2024
State Tipoffs Involving Illinois Newsletter for Tuesday May 07, 2024 ( 14 items )  

BHC Honor Societies Induct New Members in Spring 2024
MOLINE, Illinois, May 7 -- Black Hawk College issued the following news: Three Black Hawk College honor societies recently welcomed new members at a joint induction ceremony. Alpha Beta Gamma - National Business Honor Society for students enrolled in business and professional curricula at two-year degree granting institutions. Inductees: * Brody Garcia, Kewanee * Aung Ha, Moline * Shelby Haney, Rock Island * Lynsey Hennings, Rock Island * Christian Mangrich, Andover * Christina Pohl, Ro  more

G2's State of Software Report: Exploring AI, Growth, Buyer Sentiment
CHICAGO, Illinois, May 7 (TNSres) -- G2 issued the following news on May 6, 2024: Late last year, we launched a new research series from G2: the State of Software. This research showcases real data and insights from the G2 marketplace. With over 160,000 product profiles, 2.5 million verified user reviews, and 90 million annual visitors, G2 has unique insight into the indicators that help better understand the state of B2B software. Examining the key indicators of B2B software Just as we look   more

Ill. Natural Resources Dept.: Logan Pappenfort Named Director of Tribal Relations for Illinois State Museum
SPRINGFIELD, Illinois, May 7 -- The Illinois Department of Natural Resources issued the following news release: Logan Pappenfort, interim director of Dickson Mounds Museum and former second chief for the Peoria tribe of Indians of Oklahoma, has been named director of tribal relations for the Illinois State Museum (ISM), a division of the Illinois Department of Natural Resources (IDNR). As director of tribal relations, Pappenfort will be responsible for building tribal relationships on behalf o  more

Kirkland Advises Acquiring Consortium of Global Infrastructure Partners, Canada Pension Plan Investment Board on Decision to Acquire ALLETE, GIP on Its Consortium Arrangement With CPPIB to Acquire ALLETE
CHICAGO, Illinois, May 6 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis counseled the acquiring consortium of Global Infrastructure Partners (GIP) and Canada Pension Plan Investment Board (CPPIB) in the definitive agreement where GIP and CPPIB will acquire all of the outstanding shares of common stock of ALLETE for $67.00 per share in cash, or $6.2 billion including the assumption of debt. Kirkland also counseled GIP in its consortium arrangement with CP  more

Kirkland Advises Apax Funds on Sale of Controlling Interest in Healthium
CHICAGO, Illinois, May 6 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised funds advised by Apax Partners LLP and Healthium MedTech Ltd., a leading Indian medical devices company, on definitive agreements announced today to sell a controlling interest in Healthium to KKR. The acquisition will be made by a special purpose vehicle owned by funds managed by KKR which will acquire a controlling interest in Healthium group, including Healthium. Apax Fun  more

Kirkland Advises Castlelake on Strategic Partnership With Brookfield
CHICAGO, Illinois, May 6 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising alternatives asset manager Castlelake L.P. on a strategic partnership with Brookfield Asset Management (NYSE: BAM, TSX: BAM) in which Brookfield is purchasing a 51% stake in Castlelake's fee-related earnings. The amount of capital to be invested will be approximately $1.5 billion, including capital to be invested in Castlelake's investment strategies by Brookfield Reinsur  more

Kirkland Guides Butterfly on Separation of Bolthouse Farms' Fresh Produce, Premium Fresh Beverage Businesses
CHICAGO, Illinois, May 6 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Butterfly Equity, LP on the separation of its portfolio company Bolthouse Farms into two separate standalone entities: Bolthouse Fresh Foods and Generous Brands. Bolthouse Fresh Foods will carry on the century-old legacy of Bolthouse Farms as a leading supplier of fresh carrots to retailers across North America. Generous Brands will encompass the premium fresh beverage and sa  more

MAYER BROWN NAMED BEST INTERNATIONAL LAW FIRM IN VIETNAM AT FINANCEASIA AWARDS 2024
CHICAGO, Illinois, May 7 -- Mayer Brown, a law firm, issued the following news: Mayer Brown has been named "Best Law Firm - International" for Vietnam at the FinanceAsia Awards 2024. The award reflects the firm's strong commitment to excellence and unparalleled capabilities in Vietnam, advising on some of the most complex cross-border and domestic matters in the market. Mayer Brown is one of the few international law firms with a local law license in Vietnam, enabling it to issue formal lega  more

MAYER BROWN RECEIVES NORTHERN DISTRICT OF ILLINOIS' 'PRO BONO AND PUBLIC INTEREST AWARD'
CHICAGO, Illinois, May 7 -- Mayer Brown, a law firm, issued the following news: Mayer Brown received the Northern District of Illinois' "Pro Bono and Public Interest Award" for its work in a pro bono matter assisting individuals returning to the community after a period of custody or participating in pre-trial diversion programs. A Mayer Brown team helped a group of judges in the Northern District of Illinois, including Judge Susan Cox and Judge Sara Ellis, set up an Illinois 501(c)(3) organiz  more

Pushing the Boundaries of Neuroscience With GE HealthCare's Signa Magnus
CHICAGO, Illinois, May 7 -- GE HealthCare issued the following news release on May 5, 2024: GE HealthCare (Nasdaq: GEHC) today unveiled SIGNA MAGNUS, an FDA 510(k) pending head-only magnetic resonance (MR) scanner designed to explore advancements in neuroscience, which have been restricted by the performance limitations of conventional whole-body MR systems. Neuroscience, particularly in the study of psychiatric diseases and neurological disorders such as Alzheimer's, has been constrained by te  more

RSM US LLP Names Chris Jones Consumer Products Industry Leader
CHICAGO, Illinois, May 7 -- RSM U.S., an independent audit, tax and consulting firm, issued the following news release on May 6, 2024: RSM US LLP ("RSM") - the leading provider of assurance, tax and consulting services for the middle market - is pleased to announce that Chris Jones has been selected as the firm's enterprise consumer products leader, effective May 1, 2024. Jones will be responsible for leading all aspects of RSM's consumer products business across service lines, focused on RSM'  more

Wheaton College: Marion E. Wade Center's Crystal and David Downing Retiring in June, Jim Beitler to Serve as New Director
WHEATON, Illinois, May 7 -- Wheaton College issued the following news: Drs. Crystal and David Downing are retiring at the end of June after six years of exemplary leadership. As co-directors of the Marion E. Wade Center and co-holders of the Marion E. Wade Chair of Christian Thought, the Downings have faithfully served Wheaton College. Among their many accomplishments, they brought the seven Wade authors to scholars, teachers, and children worldwide. The Marion E. Wade Center promotes cultural  more

WIU NMGZ Members Attend the American Advertising Federation Event in NYC
MACOMB, Illinois, May 7 -- Western Illinois University issued the following news release: Western Illinois University National Millennial and Gen Z Community (NMGZ) members attend the American Advertising Federation (AAF) event in New York City. Leonita and Blerta Bekteshi are pursuing their undergraduate degree in Economics with a minor in Marketing and are both members of Phi Theta Kappa, which recognizes students' academic success and provides them with opportunities to develop professional  more

WIU School of Agriculture Student Wins Award From the Collegiate Farm Bureau
MACOMB, Illinois, May 7 -- Western Illinois University issued the following news release: Western Illinois University's School of Agriculture senior Katlin Tapley has been awarded the Outstanding Chapter President by the Collegiate Farm Bureau. Tapley is a senior at WIU and is a member of the McDonough County Farm Bureau (CFB) and WIU Collegiate Farm Bureau chapter. The Outstanding Chapter President is an award given to the chapter president who excels at what they do through all of the activ  more