Harvard Corporate Governance

SEPTEMBER 22, 2023

Posted by Subodh Mishra, Institutional Shareholder Services, Inc., on Friday, September 22, 2023 Editor's Note: Subodh Mishra is Global Head of Communications at Institutional Shareholder Services (ISS) Inc. This post is based on an ISS Corporate Solutions memorandum by Sandra Herrera Lopez, Ph.D., Vice President, ESG Content & Data Analytics, & Veronica Nikitas, Senior Associate, Compensation & Governance Advisory at ISS Corporate Solutions.

293

293

BVR

SEPTEMBER 22, 2023

BVResearch Pro is a great way to upgrade your BV research methodology on a broad range of BV topics from thought leaders in the business valuation and legal fields. However, with so much information at your fingertips, it can be overwhelming, so let's look at some ways to streamline your use of this amazing resource!

Business Valuation 147

Business Valuation 147

Harvard Corporate Governance

SEPTEMBER 22, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 22, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 15-21, 2023 Financial Implications of Rising Political Risk in the US Posted by Stephen Davis (Harvard Law School), on Friday, September 15, 2023 Tags: C+C , CEOs , Presidential elections , US institutions In 2022, Corporate Time Horizons Shorten, Investors’ Lengthen Posted by Allen He, Jes

184

184

Mckinsey and Company

SEPTEMBER 22, 2023

Asia will be the furnace in which a new era is forged—and may experience heightened versions of global challenges.

144

144

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

NYT M&A

SEPTEMBER 22, 2023

Britain’s antitrust regulator said the companies had addressed its main concerns about the $69 billion deal, though final approval is yet to come.

Mergers & Acquisitions 114

Mergers & Acquisitions Marketability 114

Mckinsey and Company

SEPTEMBER 22, 2023

Prompt engineering is the practice of designing inputs for generative AI tools that will produce optimal outputs.

141

141

Mckinsey and Company

SEPTEMBER 22, 2023

Latin America’s insurance market is booming—both in premium growth and complexity. The opportunities available to global, regional, and local insurers are immense.

Marketability 107

Marketability 107

Law 360 M&A

SEPTEMBER 22, 2023

Nearly three decades after a "maggot" reference in a deposition prompted the Delaware Supreme Court to rebuke a lack of civility, a certain roughness is creeping back into the state's legal proceedings — and the Court of Chancery wants it to stop.

98

98

Mckinsey and Company

SEPTEMBER 22, 2023

Matti Niebelschütz, cofounder and CEO of CoachHub, reflects on the company’s journey from scrappy start-up to global leader in digital coaching.

Start-ups 115

Start-ups 115

Gross Mendelsohn

SEPTEMBER 22, 2023

Payroll theft comes in all shapes and sizes and often lies hidden below the surface. Fraudsters who perpetrate ghost employee schemes use the shadow of another employee to cover their tracks. One of the best ways to prevent payroll theft is to understand what ghost employees are, and the motives behind their creation. Through a real-life case study, we look at how payroll fraud can be perpetrated, then offer strategies to uncover and prevent this kind of fraud.

89

89

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

Mckinsey and Company

SEPTEMBER 22, 2023

COVID-19 relief funding for schools expires next year. Our survey shows that districts are prioritizing teacher retention and student well-being as they try to tackle the lingering effects of the pandemic.

93

93

Financial Times M&A

SEPTEMBER 22, 2023

Demand for Worldpay and Syneos Health bonds and loans shows ‘hunger for new supply in high-yield’

118

118

NYT M&A

SEPTEMBER 22, 2023

The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built.

Mergers & Acquisitions 91

Mergers & Acquisitions 91

Mckinsey and Company

SEPTEMBER 22, 2023

Asian business leaders are optimistic about a new era, but most see the need for major strategic change.

110

110

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

The Guardian M&A

SEPTEMBER 22, 2023

The $69bn acquisition of games maker likely to go ahead as revised proposal addresses CMA concerns Microsoft’s $69bn (£54bn) deal to buy Activision Blizzard, the maker of games including Call of Duty and World of Warcraft, looks set to be cleared after the UK competition regulator said a revised deal addresses its concerns. The Competition and Markets Authority (CMA) moved to block the biggest tech deal in history in April , citing concerns that Microsoft would dominate the nascent cloud gaming

Marketability 83

Marketability Technology 83

Mckinsey and Company

SEPTEMBER 22, 2023

As healthcare gets ever more personalized, Genentech is expanding innovation from the lab into marketing, in service of “science for good.” The biotech pioneer’s chief marketing officer tells how.

Marketability 87

Marketability 87

Financial Times M&A

SEPTEMBER 22, 2023

US online travel site says Brussels has not shown €1.

117

117

Mckinsey and Company

SEPTEMBER 22, 2023

With Europe’s demand for wind and solar photovoltaic (PV) power set to more than double by 2030, the industry will be hard-pressed to scale up in time—unless it finds a new way to deliver capital projects.

80

80

Financial Times M&A

SEPTEMBER 22, 2023

Regulators have in the past been too lenient, now they are trying to act early to protect nascent markets

Marketability 88

Marketability 88

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Baggins. Never said it was all good. The versions I use are limited tools. What you are saying is also very possible and probably will happen. It is part of the times. Some people have put chips in their hands. Musk is experimenting with chips on the brains of animals. I also, saw the forum with AI robots answering questions. Very creepy!

Appraisal 63

Appraisal Technology 63

Peak Business Valuation

SEPTEMBER 22, 2023

In recent years, masonry companies have benefited from low-interest rates. According to IBIS World , the masonry industry generated over $33 billion in revenue between 2018 and 2023. However, as competition in the masonry industry increases and home improvement declines, we may see declining profit margins. This may pose challenges for those looking to buy , grow , or sell a masonry company.

Business Valuation 52

Business Valuation Start-ups Finance Appraisal 52

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Russell Bean. I’ve got a funny picture about that! I’m not getting ‘chipped’ If I am to lose my humanity and be treated like a cattle, I’d rather have the big plastic tag in the ear.

Appraisal 62

Appraisal 62

Benzinga

SEPTEMBER 22, 2023

American Water Works Company Inc (NYSE: AWK ) subsidiary, Pennsylvania American Water, has signed an agreement to acquire Audubon Water Company. The transaction values Audubon at approximately $8 million. Under the deal, an affiliate of Pennsylvania American Water will merge with Audubon, and shareholders of Audubon Water will receive shares of AWK in exchange for all of the issued and outstanding shares of Audubon.

Equity 52

Equity Marketability 52

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Robert J Livingston. After 50+ years in the business I resent AMC wanting to pay me what I was charging 15 years ago. Insurance is up, gas is up, education is up but the fees are down. Not fair.

Appraisal 62

Appraisal 62

Auto Dealer Valuation Insights

SEPTEMBER 22, 2023

Earlier this week, ATO held its annual meeting at the Ritz Carlton in New Orleans to discuss a variety of topics relevant to independent trust companies, including the impact of AI, M&A and financial performance trends, and best practices for evaluating prospects. As a sponsor of this year’s conference, here are our main takeaways from the meeting: The conference was well attended.

52

52

Appraisers Blog

SEPTEMBER 22, 2023

I have enjoyed reading the comments as this is my first time here. I’ve been a full time appraiser for 40 years and have wrestled with many changes that have taken place. I remember back in the 90’s when Wells Fargo told us that we’d have to produce an all electronic delivered report and thinking, no way will that happen! The changes in tech have actually been good over the years, however, the writing is on the wall as to where the lenders and regulators want our industry to go

Appraisal 62

Appraisal Banking 62

Auto Dealer Valuation Insights

SEPTEMBER 22, 2023

The economics of oil & gas production vary by region. Mercer Capital focuses on trends in the Eagle Ford, Permian, Bakken, 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

Appraisers Blog

SEPTEMBER 22, 2023

I’m going to hang in another year or so just to see how things play out. After 38 years it’s hard to let go. The profession has raised and educated my kids and kept a roof over my head for a long time. I look at the hybrids like they’re a version of the kid’s game Telegraph, where the players pass a sentence or phrase from one kid to the next and by the time it gets to the last kid it no longer resembles what it started out as.

Appraisal 62

Appraisal 62

Law 360 M&A

SEPTEMBER 22, 2023

The Competition and Markets Authority gave a provisional green light on Friday to Microsoft's revised $68.7 billion takeover bid for Activision Blizzard, finding that the U.S. technology giant's amended proposal to sell off Activision streaming rights has allayed antitrust concerns.

Technology 52

Technology Marketability 52

Appraisers Blog

SEPTEMBER 22, 2023

In reply to Baggins. They are not around any longer. They were located in Atlanta for my region. We have almost no foreclosures in the rural areas I serve.

Appraisal 62

Appraisal 62

Auto Dealer Valuation Insights

SEPTEMBER 22, 2023

Samantha L. Albert, ASA, ABV will be speaking in person at the 2023 Memphis Logistics Summit on Wednesday, September 27, 2023. Samantha’s session will cover “2023 Supply Chain Trends.” Samantha Albert is a vice president with Mercer Capital. Samantha is experienced in the valuation of companies across a variety of industries and has specific experience working with trucking companies and related.

52

52

Benzinga

SEPTEMBER 22, 2023

Bankrupt Bitcoin (CRYPTO: BTC ) miner Core Scientific Inc (OTC: CORZQ ) announced the purchase of 27,000 Bitcoin mining servers from Bitmain as part of a deal valued at $77 million. The deal also includes $23.1 million in cash and $53.9 million in Core Scientific common stock, the company announced Thursday. The stock's per-share value will be determined in line with a bankruptcy court-approved Chapter 11 plan of reorganization, expected to gain approval in the coming quarter.

Marketability 52

Marketability 52

Law 360 M&A

SEPTEMBER 22, 2023

American Airlines and JetBlue have urged a New York federal judge to toss consolidated lawsuits alleging the airlines' since-nixed northeast partnership increased fares and diminished flight choices, arguing that flyers signed away their rights to filing class action litigation when they bought tickets.

52

52

Benzinga

SEPTEMBER 22, 2023

Shares of Splunk Inc (NASDAQ: SPLK ) rose in early trading on Thursday, after Cisco Systems Inc (NASDAQ: CSCO ) announced its intention to acquire the company for $157 per share. BMO Capital Markets On Splunk Analyst Keith Bachman downgraded the rating from Outperform to Market Perform, while raising the price target from $127 to $157. The Cisco System deal presents an enterprise value of around $28 billion, Bachman said in the downgrade note.

Enterprise Value 52

Enterprise Value Marketability 52