Harvard Corporate Governance

JANUARY 29, 2024

Posted by Richard Blake, Wilson Sonsini Goodrich & Rosati, on Monday, January 29, 2024 Editor's Note: Richard Blake is a Partner at Wilson Sonsini Goodrich & Rosati. This post is based on a WSGR memorandum by Mr. Blake, Lillian Jenks , Courtney Mathes , and Barbara Novak. Our 2023 Silicon Valley 150 Corporate Governance Report reviews the corporate governance practices and disclosures of the Valley’s largest public companies.

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Mckinsey and Company

JANUARY 29, 2024

Enterprise-wide platform transformations (EPTs) aren’t easy, but a holistic approach is unlocking manufacturing and supply chain efficiencies while driving sustainable growth and customer satisfaction.

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Harvard Corporate Governance

JANUARY 29, 2024

Posted by Mary Ann Deignan, Rich Thomas, and Kathryn Night, Lazard, on Monday, January 29, 2024 Editor's Note: Mary Ann Deignan is Head of Capital Markets Advisory, and Rich Thomas and Kathryn Night are Managing Directors in the Capital Markets Advisory group at Lazard. This post is based on a Lazard memorandum by Ms. Deignan, Mr. Thomas, Ms. Night, Christopher Couvelier , Antonin Deslandes, and Leah Friedman.

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Marketability 173

Mckinsey and Company

JANUARY 29, 2024

Many sporting goods executives are looking to 2024 with more optimism. But in the year ahead, they will need to adapt to shifting consumer preferences, revisit planning practices, embrace ecosystems, and take action on sustainability.

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Marketability 121

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

Meade & Moore

JANUARY 29, 2024

Employee stock ownership plans (ESOPs) can be thought of as supercharged defined benefit plans. Instead of providing your employees with cash they can pull out at retirement, ESOPs give your employees equity in the company. As we discussed in a previous article , ESOPs can satisfy a wide variety of needs. But before you set up your ESOP plan, make sure you do these three things first.

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Equity 98

Mckinsey and Company

JANUARY 29, 2024

By taking a more active role in the energy transition, state leaders can elevate communities, deliver inclusive economic growth, and help the country reach net zero.

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Mckinsey and Company

JANUARY 29, 2024

Three factors—supply chain security, sustainability, and subsidies—feature prominently as semiconductor companies expand into new countries or regions.

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Gross Mendelsohn

JANUARY 29, 2024

The numbers on your nonprofit’s financial statements tell a colorful story ― if you know what to look for. Nonprofit CEOs, executive directors and board members who have a solid understanding of financial statements typically make better decisions for their organization. When you don’t have a financial background, it can be difficult to know where to focus your attention when you review financial data.

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NYT M&A

JANUARY 29, 2024

Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in the European Union and United States.

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Mergers & Acquisitions 78

Benzinga

JANUARY 29, 2024

With the ink barely dry on the COP28 agreement to transition away from fossil fuels, U.K.-based oil major BP plc (NYSE: BP ) was called on by an activist investor to drop its commitments to clean energy production. Bluebell Capital Partners , a London-based hedge fund with a small stake in BP, wrote to Chairman Helge Lund in October in a letter that has only just come to light.

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Equity Marketability 59

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

Appraisers Blog

JANUARY 29, 2024

In reply to Baggins. The 247.57 is likely the total fee less a “portal” or Electronic Transfer fee which is typically a percentage. Some companies “charge” your credit card, some retain it out of your fee that they pay. I had a $900 fee through mercury that the transaction fee was $16.50 and that was charged to my CC, but if it had been a different client they would have sent me a check for $883.50.

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Benzinga

JANUARY 29, 2024

Markets are primed for a revival in mergers and acquisitions (M&A) in 2024 following the worst performance in almost a decade for deal-making in 2023. Equity and M&A experts believe that, after a year beset by volatile markets and rising interest rates, 2024 offers improving conditions for takeover deals and corporate mergers. “Capital markets were not as open or freewheeling, and 2023 did not happen the way we thought it would," said Tom Miles, Head of Americas M&A at Morgan S

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Equity Marketability Finance 59

Appraisers Blog

JANUARY 29, 2024

In reply to yep. There are some in the Seattle area that have been in the game longer than I have and averaged 3 per month. I can’t imagine that. I’m presently covering 17 counties and bust my butt day in day out to try and get new clients, running people in here, push diet more bone lender work, push for SRA, but this classes are not until this summer, even though I cap loads of time right now.

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Law 360 M&A

JANUARY 29, 2024

An activist shareholder of Comscore announced Monday it will nominate a former advertising technology executive to the audience measurement company's board of directors, and underscored that while the investor aims to avoid a proxy battle after the previous board chair stepped down, the business must still improve.

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Technology 52

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

Appraisers Blog

JANUARY 29, 2024

They seek to counter declining volume with higher proportions of staff appraiser fulfillment and various marketing blitzes. They’re hosting seminars and advice campaigns at various MLS organizations as well. Here is the email in case you were not lucky enough to have checked your spam folder last week. Talk to me about misleading statistical data.

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Appraisal Marketability 56

Law 360 M&A

JANUARY 29, 2024

First Brands Group subsidiary Carter Carburetor and manufacturer Walbro have reached an agreement to resolve claims that Carter improperly raised prices and canceled orders after acquiring Walbro's engine management division, according to a stipulation of dismissal filed in Delaware's Court of Chancery.

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Appraisers Blog

JANUARY 29, 2024

In reply to Todd Redington. I wouldn’t low your fee. Sooner or later they will come begging because the cheap butt Appraiser that keeps lowering the fee can’t do the complex stuff, or they are too busy doing the cheap work that they don’t have time for a challenge. This is hire I got my start and higher fees to boot.

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Appraisal 55

Law 360 M&A

JANUARY 29, 2024

Temporary space solutions provider WillScot Mobile Mini Holdings Corp., advised by Allen & Overy LLP, on Monday unveiled plans to buy business-to-business rental company McGrath RentCorp., advised by Morrison & Foerster LLP, in a deal that values McGrath at an enterprise value of $3.8 billion.

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Enterprise Value 52

Appraisers Blog

JANUARY 29, 2024

Another way they get around the F/Dodd bs is to have a giant pool of appraisers on their panel to claim they are offering it to a giant pool and getting millions of bids (i mean proposals) back and just choosing the best option (not defined for whom the best option is). All the biggies do this-add as many appraisers as possible to their panel to show FD compliance then never not once ever using them.

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Appraisal Compliance 55

Law 360 M&A

JANUARY 29, 2024

Philadelphia Court of Common Pleas Judge Ramy Djerassi discusses how Super Bowl 52, in which the Philadelphia Eagles prevailed over the New England Patriots, provides an apt metaphor for alternative dispute resolution processes in commercial business cases.

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Appraisers Blog

JANUARY 29, 2024

In reply to AppraiserInPA. Is the appraiser side compensation reduced? That’s when I used to forward the order back to the lender directly and say; I’m available, just not through these amc’s whom steal half my income. Lenders are often surprised to see the actual orders at the appraisers end. The amc’s promise and promise and promise, this will not effect appraisers income, more efficiency, more orders, appraisers will thrive.

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Appraisal 55

Benzinga

JANUARY 29, 2024

Blizzard Entertainment , the video-game development studio acquired by Microsoft Corp. (NASDAQ: MSFT ) for $69 billion, appointed Johanna Faries as its new president, succeeding Mike Ybarra. Faries, previously the general manager for the Call of Duty franchise at Activision, will take on the role starting Feb. 5, Bloomberg reported. In addition, Faries has a background of almost 12 years of experience at the National Football League.

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Appraisers Blog

JANUARY 29, 2024

In reply to Mike. Does OREP have a discrimination claims covered as part of their insurance? WorkingRE mentioned this in recent articles, that many EO insurers do not include this coverage. Does Landy or RICE offer that? I don’t like talking to those people, the goal of having insurance, is to never actually have to use it.

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Auto Dealer Valuation Insights

JANUARY 29, 2024

After sitting on the sidelines for much of 2022 and 2023, the prospect of Fed rate cuts may lure buyers back onto the field in 2024. And when deal activity heats back up, due diligence will be as critical to buyers as ever. For many buyers, a quality of earnings (“QofE”) report is a cornerstone of their broader diligence efforts.

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ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. Retiring Baby Boomers are creating a vacuum, leading to a scarcity of experienced professionals, and there aren’t enough young people graduating with accounting degrees—or choosing to enter public accounting—to fill that void.

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Technology Accounting Firms Marketability 52

Law 360 M&A

JANUARY 29, 2024

Debevoise & Plimpton LLP has hired an attorney with over 30 years of experience working in government and private practice to co-lead the firm's national security practice in Washington, D.C., according to a Monday announcement.

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Rhythm Systems

JANUARY 29, 2024

In today's changing business environment, staying aligned with your strategic plan while ensuring team accountability is essential for growth and success. For growing organizations, achieving this delicate balance can be challenging, but there's a powerful solution that can help streamline the process: Rhythm Strategy Execution Software.

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Benzinga

JANUARY 29, 2024

iRobot Corp (NASDAQ: IRBT ) stock plunged Monday, breaching it to 52-week lows as Amazon.Com Inc (NASDAQ: AMZN ) and the Roomba maker mutually agreed to terminate their $1.7 billion merger deal. This deal would have allowed Amazon to invest in continued innovation by iRobot and support iRobot in lowering prices on product customers. Amazon will pay iRobot a $94 million termination fee. iRobot tapped Glen Weinstein, Executive Vice President and Chief Legal Officer, as interim CEO , and the Board

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Law 360 M&A

JANUARY 29, 2024

A Manhattan federal jury on Monday quickly absolved Davis Polk & Wardwell LLP and two lawyers of liability in a Black former associate's suit alleging he was fired in retaliation for airing concerns about racial bias and diversity.

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Benzinga

JANUARY 29, 2024

WillScot Mobile Mini (NASDAQ: WSC ) has announced a merger with McGrath RentCorp (NASDAQ: MGRC ) that is expected to be completed in Q2 of 2024. Under the terms of the agreement, WillScot Mobile Mini has agreed to give McGrath RentCorp $3.80 billion in cash & stock in exchange for MGRC stock. About The Companies Involved WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions.

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Law 360 M&A

JANUARY 29, 2024

Amazon and iRobot said Monday they have mutually agreed to terminate their $1.7 billion agreement for the tech giant to acquire the maker of Roomba robot vacuums, noting the deal has "no path to regulatory approval" in the European Union and calling it "a loss for consumers, competition, and innovation.

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Benzinga

JANUARY 29, 2024

McGrath RentCorp (NASDAQ: MGRC ) shares are trading higher after WillScot Mobile Mini Holdings Corp (NASDAQ: WSC ) agreed to acquire the company for $3.8 billion. The transaction, which includes about $800 million of net debt, represents a premium of 10.1% to McGrath’s closing share price on January 26, 2024. As per the deal, McGrath’s shareholders will receive for each of their shares either $123.00 in cash or 2.8211 shares of WillScot Mobile Mini common shares, as determined pursua

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B2B Net Debt Equity 52

Reynolds Holding

JANUARY 29, 2024

In the U.S., when lawyers or businesspeople weigh the potential risks of a contract breach or a disputed invoice, the possibility of being taken hostage or denied exit from the country is not a consideration. And for good reason, as neither possibility is legal or customary in the U.S., or, for that matter, in most other nations. But in China, business exit bans are legal, and commercial hostage-taking is culturally acceptable, though illegal.

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Financial Times M&A

JANUARY 29, 2024

Regulators in Brussels had raised formal objection to acquisition after competition concerns

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