Friday - May 3, 2024
State Tipoffs Involving Illinois Newsletter for Tuesday April 09, 2024 ( 12 items )  

Circana Reports Gen Z Is Driving Variety and Innovation in the Beverage Alcohol Market
CHICAGO, Illinois, April 9 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release: Circana(TM), the leading advisor on the complexity of consumer behavior, has released new insights on the beverage alcohol industry. The report, State of the CPG Beverage Alcohol Industry, highlights a growing consumer appetite for variety. Gen Z consumers aged 21-26 are leading the charge, propelling innovation in flavor profiles  more

ComEd Announces Elmhurst Substation Expansion Project to Power Regional Economic Growth
CHICAGO, Illinois, April 9 -- Commonwealth Edison, a subsidiary of Exelon, issued the following news release on April 8, 2024: ComEd today announced the expansion of its 345,000-volt (345 kV) Elmhurst transmission substation, a critical infrastructure investment that will prepare the region for future power needs and increase resiliency of the transmission system. Construction is now underway, with the project expected to be complete by December 2025. Investments to expand the substation will s  more

Debt Finance Lawyer Vanessa Xu Joins Kirkland & Ellis
CHICAGO, Illinois, April 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is excited to announce that debt finance lawyer Vanessa Xu will join the Firm as a partner. Ms. Xu's practice focuses on advising financial sponsors on complex cross-border leveraged finance transactions. She has been recognized by the Legal 500 UK and Legal Week, which named her in its 40 Under 40 Rising Stars in Private Equity in 2019. Previously a partner at Allen & Overy, Ms.   more

Kirkland Advises Vista Equity Partners in $1.25B Acquisition of Model N
CHICAGO, Illinois, April 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented Vista Equity Partners, which announced today its definitive agreement to acquire Model N (NYSE: MODN), a leader in revenue optimization and compliance for pharmaceutical, medtech and high-tech innovators. Under the terms of the agreement, Vista will acquire all the outstanding shares of Model N common stock in an all-cash transaction valued at approximately $1.25 billio  more

Kirkland Counsels Alpine Investors on Launch of Guardian Restoration Platform and Acquisitions of DryLux, DryKings
CHICAGO, Illinois, April 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Alpine Investors on the launch of Guardian Restoration Partners, a newly formed platform focused on buying and building exceptional restoration businesses. In connection with the launch, Kirkland also advised Alpine and Guardian Restoration on their acquisitions of DryLux and DryKings, which are both premier providers within the restoration industry. Terms of the transaction  more

Kirkland Counsels Arsenal on Sale of Seal for Life to Henkel
CHICAGO, Illinois, April 9 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented Arsenal Capital Partners in its sale of Seal For Life Industries, a supplier of protective coating and sealing solutions for the renewable energy, oil & gas, and water infrastructure markets, to Henkel Corporation, a German conglomerate. The transaction closed on April 2, 2024. Read Arsenal's press release. The Kirkland team was led by corporate partners Brendan Head  more

Millikin University's Victor Lawton II Wins 2024 Hollis Prize Competition
DECATUR, Illinois, April 9 -- Millikin University issued the following news: The top solo performers in Millikin University's School of Music gathered at Kaeuper Hall in the Perkinson Music Center on Saturday, April 6, for the annual Hollis Prize Competition, the highest award given to student musicians at Millikin. Following a semifinal round of competition in March, three finalists - David Gartner, Colton Middleton, and Victor Lawton II - performed 20-minute sets in front of an audience that  more

Motorola Solutions Presents Enterprise Security Innovation and Integration at ISC West
CHICAGO, Illinois, April 9 -- Motorola Solutions issued the following news release: Motorola Solutions (NYSE: MSI) will demonstrate at ISC West new capabilities and flexible integrations across its safety and security ecosystem to help protect people, property and places. The company's enterprise security solutions bring together live video, AI analytics, touchless access, advanced alarm and identity management and radio communications to alert personnel to potential threats, automate workflows  more

Northwestern Launches Effort to Develop Best Practices for News Organizations Using Generative Artificial Intelligence
EVANSTON, Illinois, April 9 (TNSres) -- Northwestern University issued the following news release: For decades the media industry has grappled with how to responsibly incorporate rapidly accelerating technology in the production of news. But since the launch of ChatGPT in November 2022, debate about balancing the promise with the threat of powerful AI tools has reached a fever pitch on complex questions relating to byline policies and plagiarism; legal issues, including terms of use and copyrig  more

Seven Medill School of Journalism Alumni Join 2024 Hall of Achievement
EVANSTON, Illinois, April 9 -- Northwestern University's Medill School of Journalism issued the following news: Seven alumni will join the 2024 Hall of Achievement class at the Medill School of Journalism, Media, Integrated Marketing Communications at Northwestern University. This is the highest honor Medill bestows on its graduates. "These seven individuals have distinguished themselves with exceptional accomplishments in their fields, from media to top brands to government," said Medill Dean  more

University of Chicago: Author and 'Odyssey' Translator Daniel Mendelsohn to Deliver Berlin Family Lectures Beginning April 23
CHICAGO, Illinois, April 9 -- The University of Chicago issued the following news: By Sara Patterson Daniel Mendelsohn enjoys interpreting Homer's Odyssey for modern readers. Drawn to the ancient tale since his teens, for six years he took on the challenge of translating and reanimating the book. His translation of Homer's Odyssey is scheduled for release in the spring of 2025 by the University of Chicago Press. On April 23 and 30, Mendelsohn will deliver lectures on the epic poem. Both lectu  more

University of Illinois-Chicago: Americans are Bad at Recognizing Conspiracy Theories When They Believe They're True
CHICAGO, Illinois, April 9 (TNSres) -- The University of Illinois Chicago campus issued the following news release: Conspiracy theorists get a bad rap in popular culture, yet research has shown that most Americans believe conspiracy theories of some sort. Why then, if most of us believe conspiracies, do we generally think of conspiracy theorists as loony? New research from the University of Illinois Chicago found that it's because people are quite bad at identifying what is or isn't a conspir  more