PayPal & TRC

PayPal says it received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) to purchase up to 3 million shares of PayPal’s common stock at a price of $32.80 per share in cash. The offering price is 4.6 percent below the closing price per share of PayPal’s common stock on September 9, 2015, the last trading day before the offer was commenced. The offer is for approximately 0.25 percent of the outstanding shares of PayPal’s common stock.

NICE Actimize

NICE Actimize is launching a monthly Anti-Money Laundering Webinar Series starting this October. The first three webinars in the series will focus on vital themes within the AML marketplace: the importance of establishing the right culture to support compliance and regulatory needs; the ongoing fight against bribery and corruption; and finally, the need for consistency in managing risk policies, processes, and procedures.