Tue.Nov 07, 2023

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Silicon Valley and S&P 100: A Comparison of 2023 Proxy Season Results

Harvard Corporate Governance

Posted by David A. Bell, and Ron C. Llewellyn, Fenwick & West LLP, on Tuesday, November 7, 2023 Editor's Note: Normal 0 false false false EN-US JA AR-SA David A. Bell is a Partner and Co-Chair of Corporate Governance, and Ron C. Llewellyn is a Corporate Governance Counsel at Fenwick & West LLP. This post is based on their Fenwick memorandum.

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Student Loans Increase Credit Risk

N Contracts

Beginning on March 30, 2020, the U.S. Department of Education suspended federal student loan repayments and halted collection on defaulted student loan debt.

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How effective are your Sales systems and processes?

JPAbusiness

Sales management is the process of coordinating the salespeople in your business to work towards a common goal i.e. delivering profitable sales volumes that meet or exceed your targets! A high performing sales team “sells on problems and solutions, or options and opportunities, not price!” A key to success in this area – as in most aspects of business – is to ensure your selling activity is underpinned by effective systems and processes, promoting a strong sales culture.

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Data Governance: Working Toward Mission Accomplished

Machen McChesney

Data is the lifeblood of any modern organization — a critical asset that is not only used to operate the business but can also fuel innovation, reduce costs, and increase revenue. But managing data assets effectively comes with a set of challenges that can be difficult for organizations to navigate. Creating an effective data governance policy can help organizations mitigate risk and capitalize on opportunities.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

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Bowlero: selling boozy strikes turns into roll-up opportunity

Financial Times M&A

The bowling alley operator is relying on food, drink and music to help fill its lanes

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What's Going On With Alibaba Tuesday?

Benzinga

Alibaba Group Holding Limited (NYSE: BABA ) aims to accomplish its initial public offering goals for its different segments while treading ahead with its artificial intelligence endeavors. The e-commerce group's logistics arm , as a part of a consortium, has sent a preliminary buyout offer to Chinese logistics company Best. Also Read: Alibaba's Latest Spinoff - What's.

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Vivid Seats Bets Big On Las Vegas With $240M Vegas.com Purchase

Benzinga

Vivid Seats Inc (NASDAQ: SEAT ), an online platform for event ticket sales, is venturing further into the entertainment capital, Las Vegas, with an acquisition valued at approximately $240 million. The deal involves the purchase of Vegas.com , a service offering Las Vegas visitors assistance with show tickets, tour bookings, and travel accommodations.

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The Art of a Seamless Exit: Maintaining Your Business Reputation Throughout the Sale Process

Sun Acquisitions

Selling a business is a significant milestone for any entrepreneur or business owner. However, amidst the excitement and complexity of the sale process, it is crucial to prioritize the preservation of your business reputation. A seamless exit not only enhances the value of your business but also ensures that your hard-earned reputation remains intact.

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Comment on Seller Filed a Racial Bias Complaint Against Me by John Daley

Appraisers Blog

Amazing article Kimberly. As a recently retired appraiser I am sorry you are going through this. As a professional I apologize to you for other people’s actions. Specifically, you have an Appraisal Institute that has absolutely no backbone and has done nothing to support appraisers in this assault. You are exactly right that this is a setup. My appraiser brother and I saw this coming 10 years ago.

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How to Value a Concrete Company

Peak Business Valuation

Concrete companies pour, construct, and finish various concrete structures. This can include driveways, sidewalks, walls, etc… According to IBIS World , the concrete industry has seen healthy growth over the past several years, generating over $76 billion in revenue. Moving forward, we can expect industry revenue to continue to grow. This presents an opportunity for those looking to buy , grow , or sell a concrete company.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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How Law Firms Build And Protect Stellar Reputations

Law 360 M&A

Now more than ever, BigLaw firms depend on the strength of their brand to land clients, attract recruits and justify top-shelf hourly rates. But in the world of the 24/7 news cycle, where any slip-up can instantly go viral, how do firms manage their prized reputations?

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Kinder Morgan Takes Over NextEra Energy Partner's South Texas Pipelines In Billion-Dollar Energy Shakeup

Benzinga

Kinder Morgan, Inc. (NYSE: KMI ) has agreed to acquire NextEra Energy Partners, LP 's (NYSE: NEP ) South Texas assets, STX Midstream, for $1.815 billion. The STX Midstream pipeline system includes a set of integrated, large-diameter, high-pressure natural gas pipelines that connect the Eagle Ford basin to the growing Mexico and Gulf Coast demand markets.

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The 2023 Law360 Prestige Leaders

Law 360 M&A

Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades, and positive legal news media representation.

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Valutico Leverages EMIS Transaction Data to Enable Better Valuations of Emerging Market Deals

Valutico

Valutico Leverages EMIS Transaction Data to Enable Better Valuations of Emerging Market Deals Valutico, a leading valuation software provider, is now offering EMIS comprehensive mergers and acquisitions data to help users better assess the deal landscape, drive deal flow and capitalise opportunities in the world’s fastest-growing markets. The integration unlocks access to over one hundred thousand transaction records within these markets and provides detailed data for financial professiona

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

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Unveiling the Strategic Power of Your Annual Plan

Rhythm Systems

Hostopia’s Challenges When I met Colin Campbell, he was the CEO of Hostopia. Hostopia was listed on the Toronto Stock Exchange, and from the outside looking in, business was great! But on the inside, Colin and his team were running from crisis to crisis, missing deadlines and disappointing customers. The board was frustrated.

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Automation trends and cloud infrastructure optimization

Avanade

What are the emerging automation trends and best practices that can enable organizations to extract the most from their cloud investments?

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DOJ Safe Harbor: Not Everyone’s a Fan

John Jenkins

For many deal lawyers and other M&A participants, the DOJ’s recently announced safe harbor for voluntary disclosure of misconduct discovered in connection with an acquisition is considered a positive development. But it turns out that not everyone is a fan of the program.

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Comment on Seller Filed a Racial Bias Complaint Against Me by Eric Kretz

Appraisers Blog

In reply to Page. The current admin has pressured the GSE’s to shove the racial bias and DEI into residential appraisals to ‘further liquidity into markets’ Why accelerate all the new alternative valuations products we are seeing? Why the drop off in full interior residential appraisals? Pretty obvious who dunit and why.

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Sullivan & Cromwell Discusses FTC Rules on Non-Bank Financial Institutions and Data Breaches

Reynolds Holding

On October 27, 2023, the Federal Trade Commission (“FTC”) voted to approve supplemental amendments to the Safeguards Rule (the “Final Rule”) that will require non-bank financial institutions to notify the FTC electronically as soon as possible, and no later than 30 days after discovery, of any unauthorized acquisition of unencrypted customer information that affects at least 500 consumers. [1] The breach notification must include certain information about the event, including a description of th

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Comment on Seller Filed a Racial Bias Complaint Against Me by garth

Appraisers Blog

Hello, soo sad what has happened. Every aspect of your emotional journey, of loosing clients and never knowing “WHY you were fired” and because you performed the SOW based on USPAP, truths, & professionalism AND where the client would not stand-up for YOU. I have chills reading your post and those posted afterwards. Demise: I believe it HAS BEEN an ongoing plan & sadly without fail will happen.

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Stebr Inc. Announces Its Merger-Acquisition by Nowigence

Benzinga

In a Strategic Merger Acquisition, Nowigence Inc. and Stebr Inc. Combine Their Strengths to Drive AI Advancements SAN JOSE, CA, Nov. 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Stebr Inc., a company specializing in custom AI solutions for a broad clientele, including major global Fortune 500 companies, has recently unveiled its merger with Nowigence, Inc.

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Comment on Seller Filed a Racial Bias Complaint Against Me by Older and maybe Wiser

Appraisers Blog

Regarding the racial thing: if you’re white and the borrower is a person of color… just make certain you always come in well above the contract price. If you are a person of color and the borrower is white… you can do anything you want. Is that…… accurate?

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Strong Global Entertainment, Inc. Acquires Innovative Cinema Solutions

Benzinga

Acquisition Enhances Company's Service Offerings Innovative Cinema Solutions Recorded $6 Million in 2022 Revenue CHARLOTTE, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Strong Global Entertainment , Inc. (NYSE: SGE ) ("SGE" or the "Company") today announced that the Company entered into an asset purchase agreement on November 3, 2023, with Innovative Cinema Solutions, LLC ("ICS"), a full service provider of technical services and solutions to national cinema chains.

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Comment on Seller Filed a Racial Bias Complaint Against Me by Older and maybe.Wiser

Appraisers Blog

In reply to Spencer Paul. To straight up answer your question, yes… there are many things I could do more aligned with my skill set. To be honest…I’d go to work at Walmart just for the human interaction. The reason I still work at all is for fun. Most days…being an appraiser is no longer “fun” My wife is an attorney.

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Electronic Servitor Publication Network, Inc. to Acquire Assets of PhiTech Management LLC

Benzinga

MINNEAPOLIS, Nov. 07, 2023 (GLOBE NEWSWIRE) -- via IBN – The Board of Directors of Electronic Servitor Publication Network, Inc. (OTCQB: XESP ), a digital engagement company and market disruptor, has authorized and approved the purchase of the assets of PhiTech Management, LLC, a digital activation and engagement technology company. PhiTech provides customer and content workflow applications designed to connect people with customized content through dynamic content provisioning creating relevan

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Comment on Seller Filed a Racial Bias Complaint Against Me by Mary Cummins

Appraisers Blog

Sorry that happened to you. I’ve luckily never had a complaint. I worry about complaints in today’s world where everything you don’t like “must be” caused by someone else’s “bias.” I over analyze, over explain my results in layman’s terms for this reason. Still, I worry. No appraiser is safe no matter how perfect and exact you try to be.

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Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results of Election of Merger Consideration

Benzinga

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN ) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF ), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the "Merger").

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Comment on Seller Filed a Racial Bias Complaint Against Me by Will

Appraisers Blog

Something is going on. MLS reports a 30% decline in home sales but appraisal orders are down 75% at my one person office. Just making expenses so far in 2023. Meanwhile, the Appraisal Institute is doing nothing about these appraisal waivers to my knowledge.

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STG Completes Acquisition of Avid Technology

Benzinga

BURLINGTON, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Avid Technology, Inc. (NASDAQ: AVID ), a leading technology provider that powers the media and entertainment industry, today announced the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximately $1.4 billion. The acquisition was previously announced on August 9, 2023, and approved by Avid stockholders on November 2, 2023.

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Comment on Seller Filed a Racial Bias Complaint Against Me by Spencer Paul

Appraisers Blog

In reply to Older and maybe…Wiser. So after running your own business as an appraiser, you willing to settle for Walmart? Don’t you think you can service your community and self with a higher paying job and something more consistent with your skill set?

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PE Firm Ascendent Makes $1.6B Offer For China's Hollysys

Law 360 M&A

Ascendent Capital Partners revealed in a regulatory filing that it has submitted a bid to purchase China's Hollysys Automation Technologies, an automation control system provider, in a proposal that values Hollysys at more than $1.6 billion.

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Comment on Seller Filed a Racial Bias Complaint Against Me by Shelley

Appraisers Blog

In reply to Will. And that’s the sad part. What is the Appraisal Institute doing to actually help appraisers? It seems like absolutely nothing. Not helping fight against the bias/discrimination crap, not fighting against the property data collectors and appraisal waivers.

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Workplace Options Acquires the Diversity Movement

Benzinga

RALEIGH, N.C., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Workplace Options (WPO), the largest independent provider of bespoke wellbeing and mental health solutions for more than 79 million people around the world, announced the company acquired The Diversity Movement (TDM), a technology-led consulting firm focused on diversity, equity, and inclusion (DEI). The TDM acquisition further advances WPO's capabilities and expertise across the full spectrum of workplace wellbeing and mental health service

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Comment on Seller Filed a Racial Bias Complaint Against Me by MXSeventyFive

Appraisers Blog

In reply to Older and maybe…Wiser. FYI – you will need to keep prior acts E & O for a few years just to make sure you are clear of any liability.

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