Saturday - November 23, 2024
State Tipoffs Involving Illinois Newsletter for Saturday October 26, 2024 ( 26 items )  

G2 Launches Zero Trust Platforms Category
CHICAGO, Illinois, Oct. 25 -- G2 issued the following statement on Oct. 24, 2024, by Chase Cunningham, vice president of security market research: * * * It's with a mix of excitement and a little healthy trepidation that we're unveiling G2's brand-new Zero Trust Platforms category. Why the trepidation? Well, let's just say launching a category in one of the most dynamic, fast-paced areas of cybersecurity comes with its own set of challenges. Zero Trust isn't just a buzzword anymore--it's becom  more

Hyatt Centric Santo Domingo Officially Opens in the Dominican Republic
CHICAGO, Illinois, Oct. 25 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Oct. 24, 2024: * * * Hyatt Centric Brand Continues to Expand its Strong Global Footprint with First Hotel in the Caribbean * * * Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Centric Santo Domingo, the first Hyatt Centric branded hotel in the Caribbean. Located within the stylish Ensanche Piantini neighborhood, this new lifestyle property welcomes savvy busi  more

Ill. House Democratic Caucus: State Rep. Gill Honored as Friend of Agriculture, Underscores Importance of the Industry in Illinois
SPRINGFIELD, Illinois, Oct. 26 -- The Illinois House Democratic Caucus issued the following news on Oct. 24, 2024, on behalf of State Rep. Mary Gill, D-Chicago: CHICAGO - Reflecting her diligent support of agricultural issues, state Rep. Mary Gill, D-Chicago, has been honored by the Cook County Farm Bureau and Illinois Farm Bureau with a "Friend of Agriculture" award. "Agriculture is one of the defining industries of our state, impacting our food and fuel network not just here, but across the   more

Ill. House Democratic Caucus: State Rep. Harper Partners With Christian County Farm Bureau to Donate FFA Jackets
SPRINGFIELD, Illinois, Oct. 26 -- The Illinois House Democratic Caucus issued the following news on Oct. 24, 2024, on behalf of State Rep. Sonya Harper, D-Chicago: CHICAGO -- State Rep. Sonya Harper, D-Chicago, is partnering with the Christian County Farm Bureau to donate two uniform jackets to students from her district wishing to join the Future Farmers of America (FFA). "Future Farmers of America is a great organization that I've worked to support for years, as we both have the goal of boos  more

Ill. House Democratic Caucus: State Rep. Mason Honored as Illinois Action for Children's 'Champion for Children' for Leadership in Childcare, Family Services
SPRINGFIELD, Illinois, Oct. 26 -- The Illinois House Democratic Caucus issued the following news on Oct. 24, 2024, on behalf of State Rep. Joyce Mason, D-Gurnee: GURNEE, Ill. - State Rep. Joyce Mason, D-Gurnee, was recently honored as a '2024 Champion for Children' by the Illinois Action for Children (IAFC) as a 'Champion for Children' for her work advancing the causes of childcare and family services. "Early years of child development are absolutely crucial, and as long as I represent my comm  more

Ill. House Democratic Caucus: State Rep. Morris Encourages Residents to Apply for FEMA Disaster Assistance
SPRINGFIELD, Illinois, Oct. 26 -- The Illinois House Democratic Caucus issued the following news on Oct. 24, 2024, on behalf of State Rep. Yolonda Morris, D-Chicago: CHICAGO - To help ensure local residents affected by this summer's extreme weather and tornadoes in July, state Rep. Yolonda Morris, D-Chicago, is highlighting the recent opening of a temporary Federal Emergency Management Agency (FEMA) field office on the city's West Side. "So many people's lives were upended during this summer's  more

Illinois Department of Natural Resources: 2024 ATA Grand American Draws 3,058 Trapshooters to World Shooting and Recreational Complex in Sparta
SPRINGFIELD, Illinois, Oct. 26 -- The Illinois Department of Natural Resources issued the following news release: * * * Complex sees 13% increase in sporting clays revenue over 2023 * * * More than 3,000 target shooters from all 50 states, four Canadian provinces, and five other countries helped propel the 125th American Trapshooting Association's Grand American competition to one of its most successful years at the World Shooting and Recreational Complex (WSRC) in Sparta this summer. The W  more

Illinois Department of Natural Resources: 4,057 Deer Harvested During Youth Season in Illinois Oct. 12-14
SPRINGFIELD, Illinois, Oct. 26 -- The Illinois Department of Natural Resources issued the following news release: Youth hunters in Illinois harvested a preliminary total of 4,057 deer during the youth deer hunting season Oct. 12-14. Comparatively, youth hunters took 4,576 deer during the season in 2023. Youth hunters with an unfilled, valid youth deer permit may still hunt with the permit during the upcoming first firearm deer season Nov. 22-24. A table of preliminary Illinois firearm deer ha  more

JLL's Seniors Housing Capital Markets Team Closes Sale of Florida Seniors Housing Community
CHICAGO, Illinois, Oct. 25 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * HarborChase Wellington Crossing is a Class A community offering assisted living and memory care in Palm Beach County * * * MIAMI, Oct. 24, 2024 - JLL Capital Markets announced that it has completed the sale of HarborChase Wellington Crossing, a 134-unit, Class A seniors housing community in Wellington, Florida. JLL's Seniors Housing Capital Markets team  more

Jones Lang LaSalle: $63M Financing Secured for 704K SF Industrial Portfolio Within Chicago, Ill. MSA
CHICAGO, Illinois, Oct. 26 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release on Oct. 25, 2024: * * * JLL Capital Markets arranged the financing for Chicagoland Industrial Portfolio, a fully leased Class A industrial portfolio * * * JLL Capital Markets announced today it secured the $63 million financing for the Chicagoland Industrial Portfolio, consisting of five Class A industrial buildings in the Chicago, Illinois MSA. JLL worked on   more

Jones Lang LaSalle: Purdue Fort Wayne Building New 600-Bed Student Housing Project
CHICAGO, Illinois, Oct. 26 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release on Oct. 25, 2024: * * * JLL advised the university on a public-private partnership agreement for the state-of-the-art development * * * JLL announced today that it has successfully advised Purdue University Fort Wayne (PFW) and the Purdue Fort Wayne Foundation on the feasibility and strategy for finding a private-sector partner to develop a new 600-bed student   more

Jones Lang LaSalle: Winfield Properties Purchases High Street Retail Along the Historic Morristown Green in New Jersey
CHICAGO, Illinois, Oct. 26 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates sale of the Shops at 40 Park in vibrant downtown location * * * MORRISTOWN, N.J., Oct. 25, 2024 - JLL Capital Markets announced today that it has arranged the sale of Shops at 40 Park, a 49,974-square-foot boutique, high-street retail asset with value-add upside located in Morristown's historic Town Center, in New Jersey.   more

Kirkland Advises General Catalyst on Its Fund XII and Related Separately Managed Accounts, Including $8 Billion of New Capital
CHICAGO, Illinois, Oct. 26 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented General Catalyst in raising approximately $8 billion of new capital, including around $4.5 billion for its core GC XII VC funds focused on seed and growth equity, $1.5 billion for its GC XII Creation strategy and $2 billion of separately managed accounts. General Catalyst is a global investment and transformation company that seeks to partner with the world's most ambit  more

Kirkland Advises Nautic Partners on $4.5 Billion Eleventh Fund, Nautic Partners XI
CHICAGO, Illinois, Oct. 26 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented Nautic Partners, LLC, a leading middle-market private equity firm that pursues a thematic and proactive investment strategy within the healthcare, industrials and services sectors, on the formation and final closing of Nautic Partners XI (Fund XI). Fund XI was oversubscribed at its hard cap of $4.5 billion of limited partner commitments, surpassing its target of $3.75 b  more

Kirkland Advises Patient Square on Strategic Partnership With CorroHealth
CHICAGO, Illinois, Oct. 26 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised health care investment firm Patient Square Capital on a definitive agreement for a strategic partnership with CorroHealth, a revenue cycle management provider for health systems and health plans. The transaction was announced October 24, 2024. Current shareholders, including investment funds affiliated with global investment firm Carlyle (NASDAQ: CG), TT Capital Partners, S  more

Kirkland Advises THL Partners on Majority Investment in Red Nucleus
CHICAGO, Illinois, Oct. 26 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised THL Partners, a premier private equity firm investing in middle market growth companies, on its majority investment in Red Nucleus, a leading provider of strategic services across research and development, medical affairs, market access and learning and development. The strategic partnership will help broaden Red Nucleus' suite of commercialization services for its global c  more

Kirkland Counsels Warburg Pincus on Sale of Aquila Air Capital to Wafra
CHICAGO, Illinois, Oct. 26 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Warburg Pincus on the sale of its portfolio company Aquila Air Capital, a full-service aircraft leasing and financing platform, to funds managed by Wafra Inc., a global alternative asset manager. The transaction is expected to close in Q4 2024, pending receipt of customary regulatory approvals. The financial terms of the agreement were not disclosed. Read the transaction p  more

Kirkland Represents Transom Capital-Backed Galleher in Connection With Artivo Services' Acquisition of Tom Duffy Company
CHICAGO, Illinois, Oct. 26 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Galleher, a portfolio company of Transom Capital Group, LLC, in connection with the acquisition of Tom Duffy Company, a wholesale flooring product distributor in the United States, by Galleher's parent company, Artivo Surfaces. The acquisition significantly strengthens Artivo's position as a market leader in the tile and flooring industry. With its extensive portfolio of in  more

MAYER BROWN WINS 'NORTH AMERICAN LAW FIRM OF THE YEAR' AT SCI'S 2024 CAPITAL RELIEF TRADE AWARDS
CHICAGO, Illinois, Oct. 26 -- Mayer Brown, a law firm, issued the following news: London - Mayer Brown has been awarded the "North American Law Firm of the Year" at Structured Credit Investor's (SCI) Capital Relief Trade (CRT) Awards, highlighting the team's outstanding achievements in capital relief trades. The team was recognized for its active role in the North American CRT market, representing both investors and issuers. The firm's experience spans all CRT structures and underlying asset   more

McDermott Will & Emery Represents Patrick Industries in Its Pricing and Upsize of $500 Million of Senior Notes
CHICAGO, Illinois, Oct. 26 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery represented Patrick Industries, Inc. (Patrick) in a sale of $500.0 million principal amount of its 6.375% Senior Notes pursuant to a Rule 144A offering. Patrick is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. It is home to more than 85 leading brands and operates through a nationwide network that   more

Native American historian comments on U.S. apology for abusive boarding schools
EVANSTON, Illinois, Oct. 25 -- Northwestern University issued the following news release: Stephanie Kulke EVANSTON, Ill. - President Biden will deliver remarks in Arizona today apologizing for the federal government's role in forcing Indigenous children into boarding schools, where many were abused and nearly 1,000 died. Doug Kiel (citizen of Oneida Nation), an associate professor of history and a faculty fellow at the Center for Native American and Indigenous Research at Northwestern Univers  more

Northwestern School of Medicine: Little-Studied RNA Might Be Key to Regulating Genetic Disorders Like Epilepsy, Autism
CHICAGO, Illinois, Oct. 26 (TNSres) -- Northwestern University's Feinberg School of Medicine issued the following news release: * * * Future studies that manipulate this RNA could help treat neurodevelopmental diseases in humans * * * When a gene produces too much protein, it can have devastating consequences on brain development and function. Patients with an overproduction of protein from the chromodomain helicase DNA binding (CHD2) gene can develop a rare and severe neurodevelopmental dis  more

Pritzker School of Law: Shifting Regulatory Landscape - MSL Panel Explores Impact of Supreme Court Decisions
CHICAGO, Illinois, Oct. 26 -- The Northwestern University's Pritzker School of Law issued the following school news: In June 2024, the Supreme Court overturned the doctrine of Chevron deference in Loper Bright Enterprises v. Raimondo. The doctrine, established in 1984 in Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc., required courts to accept an agency's reasonable interpretation of laws that the agency is responsible for enforcing. The Court now says that judges, not agencies  more

Ribbon Completes Major Optical DWDM Deployment for Bharti Airtel
CHICAGO, Illinois, Oct. 26 -- Ribbon Communications Operating Co., a company that makes software, IP and optical networking solutions, issued the following news release: * * * Delivers cost-optimized 5G mobile backhaul and high speed connectivity on 30,000 km network * * * Plano, TX - Ribbon Communications Inc. (Nasdaq: RBBN), a leading global provider of real time communications technology and IP optical networking solutions announced the successful completion of a long haul DWDM (Dense Wav  more

The Perennial Tianjin Opens Today Joining the JdV by Hyatt Brand
CHICAGO, Illinois, Oct. 26 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Oct. 25, 2024: Hyatt Hotels Corporation announced today the opening of The Perennial Tianjin, a part of the JdV by Hyatt portfolio. As the fourth hotel to join the JdV by Hyatt brand in Greater China, The Perennial Tianjin brings a new level of style to the dynamic Tianjin South Railway Station Business District, creating a vibrant cultural hub for urban travelers. Located in the Tianj  more

Walgreens Boots Alliance Declares Quarterly Dividend
DEERFIELD, Illinois, Oct. 25 -- Walgreens Boots Alliance, a pharmacy-led, health and wellbeing enterprise company, issued the following news release on Oct. 24, 2024: Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a quarterly dividend of 25 cents per share, unchanged from the previous quarter. The dividend is payable on Dec. 12, 2024, to stockholders of record as of Nov. 18, 2024. Walgreens Boots Alliance and its predecessor company, Walgr  more