Capital Markets

DeFi/Crypto

LBO/PE

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JPMorgan to Retain $200M from $20B Debt Financing for Electronic Arts Take-Private

JPMorgan to Retain $200M from $20B Debt Financing for Electronic Arts Take-Private

JPMorgan Chase & Co is set to secure approximately $200 million, or 40% of the fees from the $20 billion debt financing supporting the take-private acquisition of Electronic Arts (EA) by an unnamed private equity firm. This transaction, valued at $55 billion, represents a significant move in the gaming industry and highlights JPMorgan's pivotal role in the financing process.

M&A

Regulatory/Antitrust

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Israel Looks to Rein In Deficit After Two Years of Costly War

Israel Looks to Rein In Deficit After Two Years of Costly War

Israel’s ruling coalition wants next year’s budget to take the country “from conflict to growth” and estimates the deficit will shrink now that a ceasefire with Hamas has been secured, Finance Minister Bezalel Smotrich said.

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Trump Says US Won’t Provide SNAP Funding During Shutdown

Trump Says US Won’t Provide SNAP Funding During Shutdown

President Donald Trump further muddied the fate of the Supplemental Nutrition Assistance Program with a social media post Tuesday suggesting he would not provide benefits until after the government reopened.

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Trump Officials Accused of Disobeying Court in Food Aid Fight

Trump Officials Accused of Disobeying Court in Food Aid Fight

Nonprofits and cities are asking a judge to compel the Trump administration to fully cover food aid benefits for low income households this month, after US officials announced they would make only 50% of the funds available.

Morning Medicine

Closer's Corner