Harvard Corporate Governance

JUNE 1, 2023

Posted by Heidi Welsh, Sustainable Investment Institute, on Thursday, June 1, 2023 Editor's Note: Heidi Welsh is the Executive Director at the Sustainable Investments Institute. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Bebchuk and Roberto Tallarita ; How Much Do Investors Care about Social Responsibility?

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Viking Mergers

JUNE 1, 2023

If you are considering selling your small to midsize business, you may already know that extensive financial information goes into constructing a deal. Appraisal and fair market values are two of these figures, which are fundamental in getting the most money for the company you have worked hard to build. Although these two numbers should ideally be the same, fluctuations in the market coupled with more subjective factors not found on paper often mean that it is different.

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Fair Market Value Appraisal Intangible Assets Marketability 130

Harvard Corporate Governance

JUNE 1, 2023

Posted by Brian V. Breheny, Allison L. Land, and Ryan J. Adams, Skadden, Arps, Slate, Meagher & Flom LLP, on Thursday, June 1, 2023 Editor's Note: Brian V. Breheny , and Allison L. Land are Partners and Ryan J. Adams is Counsel at Skadden, Arps, Slate, Meagher & Flom LLP. This post is by Mr. Breheny, Ms. Land, Mr. Adams, Alexander J. Vargas and Melanie Yeames , and is part of the Delaware law series ; links to other posts in the series are available here.

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Mckinsey and Company

JUNE 1, 2023

Three McKinsey partners discuss the untapped value in middle managers that most companies leave on the table.

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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

Harvard Corporate Governance

JUNE 1, 2023

Posted by Paul Washington and Merel Spierings, The Conference Board, Inc., on Thursday, June 1, 2023 Editor's Note: Paul Washington is Executive Director of the ESG Center at The Conference Board, Inc. Merel Spierings is Researcher at the ESG Center. This post relates to Shareholder Voting Trends Live Dashboard , an online dashboard published by The Conference Board in partnership with ESG data analytics firm ESGAUGE and in collaboration with Russell Reynolds Associates and Rutgers Center for Co

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Mckinsey and Company

JUNE 1, 2023

Flexible work can deliver both better employee engagement and real estate savings. Here’s how tenants and investors can prepare.

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Business Wire M&A

JUNE 1, 2023

SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--Elite, a provider of financial and practice management solutions to law firms, today announced that it has completed its previously announced acquisition by TPG, a global alternative asset management firm. TPG acquired the business from Thomson Reuters, which has retained a minority interest in Elite.

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ThomsonReuters

JUNE 1, 2023

IRS Notice 2023-43 (May 25, 2023) Available at [link] The IRS has issued Notice 2023-43, providing interim guidance on the expanded self-correction program under the Employee Plans Compliance Resolution System (EPCRS). As background, the SECURE 2.0 Act made sweeping changes to self-correction under EPCRS (see our Checkpoint article ). While the changes technically took effect December 29, 2022, the extent to which the SECURE 2.0 Act changes plans’ current self-correction options is uncertain b

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Compliance 97

Business Wire M&A

JUNE 1, 2023

NEW YORK--(BUSINESS WIRE)--MGG Investment Group LP (“MGG”) today announced that it has made a debt and equity investment to support Access & Integrated Practice Holdings’ acquisition of United Medical Systems Inc. (“UMS”), a national provider of premier transportable and in-house urology solutions to hospitals, surgery centers, and offices. Terms of the transaction were not disclosed.

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Equity 98

Mckinsey and Company

JUNE 1, 2023

The CEO and cofounder of Infobip shares how the company has used small, mission-based teams and a positive growth mindset to capture high-yield, low-cost tech markets.

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Marketability 98

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

Redpath

JUNE 1, 2023

Editor's note: This piece was updated from 2020 to include additional resources. June 1, 2023 — Encouraging U.S. economic performance to reach its potential is important enough that there is a tax credit for research and development (R&D). Technology companies, and really any company that works with software, should make sure they’re taking advantage of it if they are eligible.

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Technology 92

Cooley M&A

JUNE 1, 2023

Over the past year, the U.S. Department of Justice has garnered headlines by issuing press releases announcing that directors have stepped down from 10 company boards, in response to DOJ concerns that their roles violated the Clayton Act’s Section 8 prohibitions on interlocking directorates.In October 2022, the DOJ announced the resignation of directors from the boards of five companies.

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Financial Times M&A

JUNE 1, 2023

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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Business Wire M&A

JUNE 1, 2023

DENVER--(BUSINESS WIRE)--Alterra Mountain Company has announced that it has entered into an agreement to purchase Idaho’s Schweitzer, further expanding the company’s portfolio in the Pacific Northwest by joining Crystal Mountain in Washington. The addition of Schweitzer will bring the company’s portfolio to 17 year-round mountain destinations throughout North America.

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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.

Marketability

Law 360 M&A

JUNE 1, 2023

Warner Bros could cash out of a U.K. production company, Carlyle Group is buying a Czech optics company, and WE Soda is looking to launch an IPO. Here, Law360 breaks down the notable deal rumors from the past week.

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Business Wire M&A

JUNE 1, 2023

MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) advises that it has applied and received TSX-V approval for the acquisition agreement entered among SOQUEM Inc. and a private owner to acquire 100% of 17 mineral claims forming the Carmin project (the “Property”). The Property covers 678 hectares (6,780 Sq km).

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Law 360 M&A

JUNE 1, 2023

Former college and professional basketball player Brian Davis has voluntarily dropped his lawsuit against Bank of America that accused the bank of withholding his bid for the NFL's Washington Commanders from owner Dan Snyder, a move that comes days after Bank of America reportedly called into question the legitimacy of his claims.

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Banking 75

Business Wire M&A

JUNE 1, 2023

BERLIN & BOSTON--(BUSINESS WIRE)--Bayer and Cedilla Therapeutics, a biotechnology company bringing a new dimension to precision oncology, today announced an exclusive license agreement to develop and commercialize Cedilla Therapeutics’ CyclinE1/CDK2 complex inhibitors which selectively address oncogenic drivers. Overexpression or genetic activation of Cyclin Dependent Kinase 2 (CDK2) binding partner cyclin E is a key oncogenic process in several cancers.

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Law 360 M&A

JUNE 1, 2023

A California federal judge on Thursday postponed gamers' request to depose Activision Blizzard's CEO Bobby Kotick in their suit opposing Microsoft's planned $68.7 billion purchase of the video game company, saying it "doesn't make sense" to rule before an upcoming August trial in the FTC's suit challenging the deal.

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Business Wire M&A

JUNE 1, 2023

CAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water announced today it has completed its acquisition of the water and wastewater systems of Egg Harbor City, N.J. for $21.8 million.

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Law 360 M&A

JUNE 1, 2023

An in-house administrative judge at the Federal Communications Commission on Thursday terminated a hearing initiated to examine two public interest issues related to the now-defunct $8.6 billion plan by hedge fund Standard General to take broadcaster Tegna private, saying there's no need to pursue what would be a purely "academic" inquiry.

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Business Wire M&A

JUNE 1, 2023

NORTH FALMOUTH, Mass.--(BUSINESS WIRE)--The Quell Foundation, a non-profit organization dedicated to improving the lives of people living with mental health challenges, is pleased to announce its merger with Survive First, a Washington-state 501c3 based in Cocoa Beach, FL.

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Appraisers Blog

JUNE 1, 2023

10+- years ago I was invited by Solidifi to attend a meet and greet happy hour in downtown Phoenix. The alcohol was flowing freely, which led Solidifi Staff to brag about their margins, Top 15 Lender Client List and quarterly bonuses. I don’t know why I was invited as I don’t think I had completed more than 10 orders for them. I discontinued my relationship with them immediately thereafter.

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Appraisal 59

Business Wire M&A

JUNE 1, 2023

NEW YORK & AUSTIN, Texas--(BUSINESS WIRE)--Accenture has acquired Nextira, an Amazon Web Services (AWS) Premier Partner that uses AWS to deliver cloud-native innovation.

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John Jenkins

JUNE 1, 2023

As we’ve acknowledged here, the FTC isn’t the only agency with an ambitious antitrust agenda – the UK and the EU seem to be on the same page. This blog post from Cleary’s Antitrust Watch highlights that the UK Competition and Markets Authority has identified roll-up acquisitions by PE funds as an enforcement priority.

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Marketability 60

Law 360 M&A

JUNE 1, 2023

Norton Rose Fulbright has added another six lawyers and a senior consultant from Bryan Cave Leighton Paisner LLP less than two months after it poached a six-partner team from BCLP.

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Business Wire M&A

JUNE 1, 2023

SALT LAKE CITY--(BUSINESS WIRE)--Bridge Net Lease announced that it has acquired two off-market manufacturing and distribution assets located in Hazleton, PA, totaling 283,450 square feet. The assets, located at the intersection of two critical interstate highways, are 100% leased on 15-year absolute net leases with two additional 5-year options. The mission critical assets serve as the tenant’s sole US manufacturing and distribution facilities.

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Marketability 52

Law 360 M&A

JUNE 1, 2023

Biotechnology company Avacta announced Thursday that it has acquired test kit maker Coris Bioconcept for up to £10.4 million ($12.5 million) to expand its diagnostics division.

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LaPorte

JUNE 1, 2023

What This Means for COVID-19 Waivers and Funding in the Healthcare Industry On May 11, 2023, the Department of Health and Human Services (HHS) officially… The post The Public Health Emergency Has Expired first appeared on LaPorte.

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Law 360 M&A

JUNE 1, 2023

Veterinary drugmaker Dechra said Friday that it has agreed to be bought for £4.5 billion ($5.6 billion) by Swedish investment group EQT and Abu Dhabi's investment vehicle, in one of the largest take-private deals in Britain this year.

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Auto Dealer Valuation Insights

JUNE 1, 2023

Like most business owners, auto dealers are focused on many aspects of their business: daily operations, strategic vision, competition, industry conditions, the state of the economy, etc. It is less common for auto dealers to be concerned if/when their business needs to be valued. Often, they are made aware of the need for these services by their trusted advisors, including attorneys.

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Business Valuation 52

N Contracts

JUNE 1, 2023

Identifying potential threats is essential for financial institutions. Internal and external business conditions are continually evolving, impacting an institution’s stability and success. The challenge lies in knowing what exactly to look for.

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Banking 52

Benzinga

JUNE 1, 2023

Lifeist Wellness Inc. (OTCMKTS:LFSWF) (TSXV:LFST) (FRANKFURT:M5B) has entered into a definitive share purchase agreement , pursuant to which the company will acquire 100% of 1000501971 Ontario Inc. (“ Zest ”) for $3. 4 million. The acquisition is an all-stock transaction, marking another significant milestone for Lifeist’s expansion strategy.

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Marketability 52

Benchmark Report

JUNE 1, 2023

Benchmark International is pleased to announce the acquisition of rc - research & consulting by management consult. Founded in 2002, rc - research & consulting, based in Bielefeld, Germany, is a well-known full-service market research institute. The company provides qualitative and quantitative research services to national and international companies. management consult, acquired by the investment company Rhein Invest in 2022, is an internationally active institute for market research a

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Marketability Technology 52