Harvard Corporate Governance

JANUARY 12, 2024

Posted by Jalal Sani (University of Illinois Urbana-Champaign), Nemit Shroff (MIT), Hal White (University of Notre Dame), on Friday, January 12, 2024 Editor's Note: Normal 0 false false false EN-US X-NONE AR-SA Jalal Sani is Assistant Professor of Accountancy at the University of Illinois Urbana-Champaign; Nemit Shroff is the School of Management Distinguished Professor of Accounting at the MIT Sloan School of Management; and Hal White is the Vincent and Rose Lizzadro Professor of Accountancy at

Equity 126

Equity Marketability 126

BVR

JANUARY 12, 2024

The year 2023 was defined by unexpected economic events, new valuation conferences, and more. To kick off a new year, BVR has just released the Business Valuation Update Yearbook, 2024 edition, with 404 pages of the biggest events in valuation from the last year.

Business Valuation 113

Business Valuation 113

Harvard Corporate Governance

JANUARY 12, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, January 12, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of January 5-11, 2024 Underrepresentation of Women CEOs Posted by Li He (Erasmus University Rotterdam) and Toni M. Whited (University of Michigan), on Friday, January 5, 2024 Tags: Board composition , CEOs , gender , skills , women Engaged employees are asking their leaders to take climate action Posted b

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Mckinsey and Company

JANUARY 12, 2024

Companies with strong digital and AI capabilities have figured out how to generate compounding value, according to new McKinsey research.

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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.

Marketability

Lighter Capital

JANUARY 12, 2024

There comes a time in a startup's journey to success when entrepreneurs need to raise their first round of growth capital. When you first had that great idea, you may have raised money from friends and family or seed capital from angel investors to get your startup off the ground. What's next? Well, of course, it depends. Let’s make some assumptions on where you might be at this point, and then think about when and how you might want to raise a series A round to really grow your business.

Start-ups 105

Start-ups Finance Marketability Equity 105

N Contracts

JANUARY 12, 2024

The regulatory agencies – especially the Consumer Financial Protection Bureau (CFPB) – finished 2023 strong with a variety of enforcement actions, lawsuits, reports, final rules, and guidance.

Compliance 105

Compliance 105

The Guardian M&A

JANUARY 12, 2024

Global Infrastructure Partners, whose portfolio includes Gatwick, sold to BlackRock in $12.5bn deal From the humble luggage tray to filters that mask smells at sewage plants, the sale of some of Britain’s most pedestrian assets to the world’s largest money manager is to bring a multimillion-dollar payday to a small clutch of little-known bankers. Global Infrastructure Partners (GIP), which boasts a $100bn (£79bn) collection of companies including Gatwick airport and the Suez wastewater group, ha

Equity 109

Equity 109

Law 360 M&A

JANUARY 12, 2024

An inconspicuous portion of the 2024 legislation establishing U.S. Department of Defense priorities grants the agency greater ability to scrutinize mergers and acquisitions, but knowing which deals will merit close inspection is a guessing game without regulatory guidance.

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Mckinsey and Company

JANUARY 12, 2024

More than half of employees say they’re disengaged at work—with implications for both morale and value creation. Do any of these behaviors seem familiar?

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Law 360 M&A

JANUARY 12, 2024

The legal and technical issues of e-discovery now affect virtually every lawsuit, and in the year to come, practitioners can expect practices and policies to evolve in a number of ways, from the expanded use of relevancy redactions to mandated information security provisions in protective orders, say attorneys at Littler.

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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

Corporate Finance

Financial Times M&A

JANUARY 12, 2024

Deal would create world’s second-biggest infrastructure firm and shake up private market investing

Marketability 112

Marketability 112

NYT M&A

JANUARY 12, 2024

The Wall Street giant agreed to buy Global Infrastructure Partners, whose assets include airports and oil pipelines, in its biggest takeover in 15 years.

Mergers & Acquisitions 81

Mergers & Acquisitions 81

Financial Times M&A

JANUARY 12, 2024

Larry Fink and Adebayo Ogunlesi are betting on infrastructure investments driving private markets

Marketability 110

Marketability 110

Accountancy Today

JANUARY 12, 2024

FRP Corporate Finance has advised food and beverage (F&B) market research agency, Cambridge Market Research (Cambridge MR) on the sale to Food Innovation Solutions Group (FIS Group). Established in 1980, Cambridge MR is a full service market research agency specialising in the F&B sector, bringing unrivalled experience of markets, consumers and clients to bear on business issues.

Corporate Finance 71

Corporate Finance Finance Marketability 71

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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Appraisers Blog

JANUARY 12, 2024

In reply to Dave. Actually Dave, FHFA is now in charge of basically everything. Fannie and Freddie are merely doing what they are told by everyone’s new boss, the FHFA. And per their papers, there is now an ‘under valuation’ recognition tool being developed as well. Shift your research to the FHFA material here forward. Appraisers may not be able to talk about race but FHFA can’t help themselves.

Appraisal 56

Appraisal 56

Law 360 M&A

JANUARY 12, 2024

The University of Pennsylvania Health System has announced plans to acquire Doylestown Health in a deal that aims to increase its competitive footprint in the Philadelphia area.

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Appraisers Blog

JANUARY 12, 2024

I am a General Certified appraiser, but I have been a residential appraiser dating back to 1976 to 1979 over in the DU area. I started appraising in Dallas, I worked as a Staff Appraiser with Countrywide We relocated to Denver in 1979, and have been in Colorado ever since. I have been appraising properties in the Denver metro area for 27 year. Then we relocated to Colorado Springs about 2 years ago for family reasons.

Appraisal 55

Appraisal 55

Law 360 M&A

JANUARY 12, 2024

The long-stalled pipeline for initial public offerings is beginning to unclog as more companies file plans to go public amid stronger market conditions, a trend experts say could accelerate following a favorable debut from the year's first IPO.

Marketability 52

Marketability 52

Appraisers Blog

JANUARY 12, 2024

As expected PAREA is failing faster than a student trying to pass a calculus exam after a night of heavy drinking. The real reason behind the decline of residential appraiser training is as clear as the fact that pineapple does not belong on pizza (seriously, fight me on this). These so-called “experts” like TAF, McKissock, and the Appraisal Institute are too busy trying to sell their overpriced courses and fancy designations to acknowledge the elephant in the room: AMCs have sucked

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Appraisal Banking 53

Auto Dealer Valuation Insights

JANUARY 12, 2024

RIA M&A activity has demonstrated remarkable resilience, defying initial expectations of a slowdown amid challenging macroeconomic conditions. As the economy entered 2023 facing high inflation, rising interest rates, and tight labor markets, many anticipated a decline in M&A activity.

Marketability 52

Marketability 52

Law 360 M&A

JANUARY 12, 2024

A growing body of case law, including a California state court's recent decision in X Corp. v. Wachtell, holds that incorporation of specific arbitral body rules in an arbitration provision may in and of itself constitute clear and unmistakable evidence of delegation of arbitrability to an arbitrator, and thus such clauses should be drafted carefully, say attorneys at Norton Rose.

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Auto Dealer Valuation Insights

JANUARY 12, 2024

The economics of oil & gas production vary by region. Mercer Capital focuses on trends in the Eagle Ford, Permian, Haynesville, and Marcellus and Utica plays. The cost of producing oil and gas depends on the geological makeup of the reserve, depth of reserve, and cost to transport the raw crude to market. We can observe different costs in different regions depending on these factors.

Marketability 52

Marketability 52

Law 360 M&A

JANUARY 12, 2024

A Black former associate suing Davis Polk & Wardwell LLP for alleged retaliation closed out the first week of trial Friday, quizzing a parade of legal industry professionals before a Manhattan federal jury amid repeated cautions from the judge on timing.

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Benzinga

JANUARY 12, 2024

Thursday, Novartis AG (NYSE: NVS ) decided to step back from pursuing the Cytokinetics Inc (NASDAQ: CYTK ) acquisition, dealing a blow to the potential deal with the promising heart drug developer. Analysts estimated Cytokinetics’ cardiomyopathy drug sales of up to $3.6 billion by 2032. In December, Cytokinetics released topline results from the SEQUOIA-HCM Phase 3 trial of aficamten in patients with symptomatic obstructive hypertrophic cardiomyopathy (HCM), showing that treatment with afi

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Law 360 M&A

JANUARY 12, 2024

Kilpatrick Townsend & Stockton LLP added a partner from Dechert LLP to its employee benefits and tax team in the Big Apple, bringing on a tax and contracts expert who turned to the law after teaching in New York City public schools.

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Benzinga

JANUARY 12, 2024

Chesapeake Energy Corp (NASDAQ: CHK ) shares are trading higher after Citigroup and Mizuho upgraded the stock following its merger deal with Southwestern Energy Co (NYSE: SWN ). Yesterday, CHK and SWN announced a merger deal in an all-stock transaction valued at $7.4 billion, based on Chesapeake’s closing price on January 10, 2024. The companies expect annual operational and overhead synergies of approximately $400 million from the merger, which is projected to be immediately accretive to

Marketability 52

Marketability Equity 52

Law 360 M&A

JANUARY 12, 2024

In this week's Taxation with Representation, Chesapeake Energy and Southwestern Energy announced a merger, Hewlett Packard Enterprise acquires Juniper Networks, Johnson & Johnson buys Ambrx Biopharma Inc., and Boston Scientific Corp. purchases Axonics Inc.

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Benzinga

JANUARY 12, 2024

Yesterday, ABB Ltd (OTC: ABBNY ) disclosed the acquisition of Swiss start-up Sevensense for an undisclosed amount. The buyout of Sevensense, a provider of AI-enabled 3D vision navigation technology for robots, is expected to enable speed, accuracy, and autonomy of mobile robots. The acquisition is at par with ABB’s focus on innovative AI solutions transforming industries such as logistics and manufacturing.

Start-ups 52

Start-ups Technology Marketability Equity 52

Hallmark Brokers

JANUARY 12, 2024

Have you thought of cashing in your business for a big profit? This year may be the optimal time to do so, and we’ll explain why. Market analysts are calling 2024, especially its first half, a possible “Goldilocks Year” to sell a company for a substantial lump sum. If you agree, then Hallmark Business Brokers. Read more The post Is 2024 the Year to Cash In on Your Business?

Marketability 52

Marketability 52

Law 360 M&A

JANUARY 12, 2024

BlackRock has agreed to purchase Global Infrastructure Partners for roughly $12.5 billion, in a cash-and-stock deal that aims to capitalize on growing long-term infrastructure investment opportunities and is intended to create "the world's premier infrastructure investment firm," the New York City-based firms said Friday.

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Benzinga

JANUARY 12, 2024

BlackRock Inc (NYSE: BLK ) reported Q4 FY23 revenue growth of 7% Y/Y to $4.631 billion, marginally above the consensus of $4.627 billion. Investment advisory, administration fees, and securities lending revenues increased to $3.61 billion from $3.40 billion a year ago, led by market beta on average AUM, positive organic base fee growth, and higher securities lending revenue.

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Dividends Beta Technology Marketability 52

Peak Business Valuation

JANUARY 12, 2024

Hotels rely on equipment to establish a welcoming and comfortable environment for guests. From furnishings to appliances, the value of hotel equipment is significant. Obtaining a hotel equipment appraisal is critical for determining the value of these assets. The equipment appraisal facilitates informed decision-making and financial planning. This article serves as a comprehensive guide on how to value a hotel.

Appraisal 52

Appraisal Business Valuation Compliance Marketability 52

Valutico

JANUARY 12, 2024

The Boeing Company Weekly Valuation – Valutico | January 12, 2024 Link to the Valuation Sky Shocker A routine Alaska Airlines flight escalated into a high-altitude drama when a Boeing 737 Max 9’s cabin panel detached at 16,000 feet. While the incident resulted in no severe injuries, it has renewed the focus on the 737 Max series’ history of safety issues.

Marketability 52

Marketability 52

Financial Times M&A

JANUARY 12, 2024

Lower interest rates and an economic soft landing may boost deal activity after difficult 2023

Banking 79

Banking 79