JPAbusiness

MARCH 21, 2023

If you are considering selling your business, answering ‘yes’ to the following 3 questions is a great start: Price – Is the price market related and does it reflect the value a willing buyer, under the circumstances of the sale transaction, will perceive as fair? Facts – Are the facts on the business or opportunity clear, unambiguous and relevant to the risks, issues and opportunities the risk-taking party will likely perceive in making the purchase?

Marketability 74

Marketability 74

Machen McChesney

MARCH 18, 2023

As a business owner/manager, you have many processes and tasks involved in your day-to-day workload. Scheduling, timekeeping, payroll, etc. How about new hire onboarding?

Compliance 86

Compliance 86

Appraisers Blog

MARCH 22, 2023

At the crossroads of it all is a campaign to weaken or eliminate valuations… The nonprofit is now exploring ways it can set standards for automated valuations… Expect greater distortions from Freddie and Fannie’s plodding and committee-driven foray into automated valuations. Sometimes when the hair on the back of your neck stands up, there’s a reason for it.

Appraisal 54

Appraisal Marketability Finance 54

Harvard Corporate Governance

MARCH 19, 2023

Posted by Carolyn Frantz, Alex Talarides, and Mike Delikat, Orrick Herrington & Sutcliffe LLP, on Sunday, March 19, 2023 Editor's Note: Carolyn Frantz is a Senior Counsel, and Alex Talarides and Mike Delikat are Partners at Orrick Herrington & Sutcliffe LLP. This post is based on Orrick memorandum by Ms. Frantz, Mr. Talarides, Mr. Delikat, and James Stengal.

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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

IVSC

MARCH 23, 2023

The International Valuation Standards Council (IVSC) would like to express its thanks and appreciation to a group of exceptional board members who have reached the end of their maximum two terms. These dedicated individuals have been instrumental in the development and promotion of the International Valuation Standards, and have played a vital role in supporting the IVSC’s mission to advance valuation in the public interest.

Business Valuation 130

Business Valuation Intangible Assets Technology Marketability 130

Viking Mergers

MARCH 22, 2023

Having a deal fall apart at the last minute is every business owner’s nightmare. But if you take the time to anticipate what could go wrong, you can have time to address and resolve potential issues. If you are not sure what to look for, know that you’re not alone. Most owners are just like you; they don’t know exactly what does or does not need to be done from a financial perspective to prepare to sell their business.

Start-ups 130

Start-ups Banking 130

Harvard Corporate Governance

MARCH 22, 2023

Posted by Martha Carter, Orson Porter, and Matt Filosa, Teneo, on Wednesday, March 22, 2023 Editor's Note: Martha Carter is Vice Chair & Head of Governance Advisory, Matt Filosa and Orson Porter are Senior Managing Directors at Teneo. This post is based on a Teneo memorandum by Ms. Carter, Mr. Filosa, Mr. Porter, Andrea Calise , Jeff Sindone and Andy Fitch.

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252

Equidam

MARCH 23, 2023

6 Tools to Help Close Your Round As a startup founder, one of the biggest challenges you’ll face is securing funding to get your business off the ground. Whether you’re seeking investment from venture capitalists or angel investors, there are a variety of tools and strategies you can use to make your fundraising efforts more effective. In this article, we’ll take a look at some of the most important tools you can use to enable fundraising for your startup.

Compliance 103

Compliance Equity Marketability 103

Global Finance

MARCH 22, 2023

Are luxury cars untouched by economic slowdown and inflation? The latest results from Italian luxury automaker Lamborghini suggests so. CFO Paolo Poma believes the company can even improve its profitability, despite economic headwinds. Global Finance spoke with Poma—who has been managing director and CFO since 2017—when he recently visited New York.

Finance 102

Finance 102

Mckinsey and Company

MARCH 21, 2023

Nuclear power can be an important part of the energy transition. Scaling the industry to meet increasing electricity demand will require leaders to mobilize quickly and efficiently.

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120

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

Harvard Corporate Governance

MARCH 21, 2023

Posted by Charles J. Clark, Gary Stein, and Craig S. Warkol, Schulte Roth & Zabel LLP, on Tuesday, March 21, 2023 Editor's Note: Charles J. Clark, Gary Stein , and Craig S. Warkol are Partners at Schulte Roth & Zabel LLP. This post is based on their SRZ memorandum. Related research from the Program on Corporate Governance includes Insider Trading via the Corporation (discussed on the Forum here ) by Jesse M.

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245

Benzinga

MARCH 24, 2023

Activision Blizzard, Inc (NASDAQ: ATVI ) shares gained 6% after the U.K. antitrust regulator capped its concerns regarding the Microsoft Corp (NASDAQ: MSFT ) deal. On Friday, the Competition and Markets Authority issued updated provisional findings in its assessment of Microsoft's proposed acquisition of Activision, narrowing its scope of concerns.

Marketability 98

Marketability 98

NYT M&A

MARCH 23, 2023

Lawmakers grilled Shou Chew, TikTok’s chief executive, over the app’s ties to its Chinese parent company and its effects on children, as Chinese officials said they opposed a sale of the platform.

Mergers & Acquisitions 98

Mergers & Acquisitions 98

Mckinsey and Company

MARCH 23, 2023

Cyberattacks on operational technology systems have been on the rise since the start of the COVID-19 pandemic. Their huge impact on industrial operations means that organizations must find answers—quickly.

Technology 118

Technology 118

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

Harvard Corporate Governance

MARCH 22, 2023

Posted by Karessa Cain, Victor Goldfeld, and Charles See, Wachtell, Lipton, Rosen & Katz, on Wednesday, March 22, 2023 Editor's Note: Karessa L. Cain and Victor Goldfeld are Partners, and Charles C. See is an Associate at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell memorandum by Ms. Cain, Mr. Goldfeld, Mr. See, Andrew Nussbaum , Steven Cohen , and John Sobolewski.

Equity 232

Equity Finance Marketability 232

Benzinga

MARCH 21, 2023

Education group Pearson PLC (NYSE: PSO ) agreed to sell Pearson Online Learning Services (POLS) to Regent , a private equity group, for a deferred sum. The business sale concludes the strategic review revealed in August 2022 and marks further progress in reshaping Pearson's portfolio centered around lifelong learning. Regent will pay Pearson 27.5% of POLS' positive Adjusted EBITDA each year.

EBITDA 98

EBITDA Equity 98

ThomsonReuters

MARCH 23, 2023

Frequently Asked Questions About Medical Expenses Related to Nutrition, Wellness, and General Health (Mar. 17, 2023); IRS News Release IR-2023-47 (Mar. 17, 2023) FAQs News Release The IRS has issued FAQs that explain when certain costs related to nutrition, wellness, and general health are medical expenses under Code § 213 that may be paid or reimbursed under a health FSA, HSA, or HRA.

98

98

Mckinsey and Company

MARCH 24, 2023

Resilience means understanding the criticality of a business process, the capability of the underlying technology, the business impact if the technology fails, and the organization’s risk tolerance.

Technology 116

Technology 116

Harvard Corporate Governance

MARCH 23, 2023

Posted by Sarah E. Walters, Edward B. Diskant, and Jennifer Levengood, McDermott Will & Emery LLP, on Thursday, March 23, 2023 Editor's Note: Sarah E. Walters and Edward B. Diskant are Partners and Jennifer Levengood is an Associate at McDermott Will & Emery. This post is based on an MWE memorandum by Ms. Walters, Mr, Diskant, Ms. Levengood, Justin P.

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230

Benzinga

MARCH 19, 2023

Swiss investment bank UBS Group AG (NYSE: UBS ) and its beleaguered peer Credit Suisse AG (NYSE: CS ) have reached an agreement for the former to acquire the latter in a deal brokered by the Swiss government. What Happened: UBS has agreed to pay 3 billion Swiss fancs ($3.25 billion) in stock to acquire Credit Suisse, the companies confirmed following widespread speculation.

Banking 98

Banking 98

Law 360 M&A

MARCH 19, 2023

Swiss banking giant UBS will buy struggling Credit Suisse for 3 billion Swiss francs ($3.2 billion), the Swiss rivals said Sunday, after the country's authorities intervened to ensure financial stability.

Banking 98

Banking 98

Mckinsey and Company

MARCH 22, 2023

The ability to improve cost savings, sustainability, and consumer benefits has proven skinny design packaging to be a powerful tool to maximize product volume and performance.

112

112

Harvard Corporate Governance

MARCH 20, 2023

Posted by Marc I. Steinberg (Southern Methodist University) , on Monday, March 20, 2023 Editor's Note: Marc I. Steinberg is the Rupert and Lillian Radford Chair in Law and Professor of Law at Southern Methodist University. This post is based on his recent piece. In a recent speech, SEC Commissioner Caroline Crenshaw focused on the sparsity of disclosure in Rule 506(b) offerings.

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228

Benzinga

MARCH 20, 2023

UBS Group AG 's (NYSE: UBS ) takeover of Credit Suisse Group AG (NYSE: CBS ) has done nothing to alleviate market concerns about the banking sector, and it continues to throw a shadow over the rights of credit institution shareholders and bondholders. On Sunday, the Swiss government used its emergency powers to speed up the completion of the Credit Suisse-UBS merger without requiring consent from shareholders.

Banking 98

Banking Marketability 98

Law 360 M&A

MARCH 23, 2023

With California soon to become the most recent state to increase its oversight of health care mergers, acquisitions and investments, attorneys should consider how these updated state regulations may increase the costs, timelines and disclosure requirements for national deals, say John Saran and Jaclyn Freshman at Ropes & Gray.

Mergers & Acquisitions 97

Mergers & Acquisitions 97

Mckinsey and Company

MARCH 24, 2023

LA’s homelessness crisis is unlike any other. Solutions should be fact-based and mindful of diverse journeys of those experiencing homelessness—and businesses have a role in resolving the crisis.

105

105

Harvard Corporate Governance

MARCH 18, 2023

Posted by Martin Lipton, Wachtell Lipton Rosen & Katz, on Saturday, March 18, 2023 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell Lipton memorandum by Mr. Lipton, Adam O. Emmerich , Kevin S.

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224

Benzinga

MARCH 23, 2023

Bloomberg Apple, In A Cinema Near You Soon: Streaming Rivalry Heats Up As Apple To Splurge On Original Theatrical Releases Apple Inc (NASDAQ: AAPL ) eyes splurging $1 billion annually to produce movies likely for theatrical release to draw subscribers to its streaming service. Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future.

Private Equity Firm 97

Private Equity Firm Equity Technology Marketability 97

ThomsonReuters

MARCH 21, 2023

It’s probably happened to you before. A client comes in to drop off all their tax prep information and stops to ask you a “quick question.” It’s a question that is easy for you to answer, but one that has nothing to do with the work you do for the client. You probably answered it without even giving it a second thought. But, what just happened was that you gave away your knowledge and expertise for free—expertise that you can and should be paid for when clients ask for advice t

Accounting Firms 97

Accounting Firms Start-ups 97

Mckinsey and Company

MARCH 20, 2023

The legislation provides an opportunity to improve the country’s clean-power infrastructure. More than a year since its signing, we take stock of announced funding, programs, and the road ahead.

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101

Harvard Corporate Governance

MARCH 24, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, March 24, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of March 17-23, 2023. Larry Fink’s Annual Chairman’s Letter to Investors Posted by Larry Fink, BlackRock, Inc., on Friday, March 17, 2023 Tags: Board of Directors , Corporate culture , digital assets , Green energy , Institutional Investors , Shareholders Larry Fink’s Annual Letters to Investors Posted by M

Equity 219

Equity 219

Benzinga

MARCH 20, 2023

UBS Group AG (NYSE: UBS ) shares jumped Monday morning after the bank's Sunday agreement to buy Credit Suisse Group AG (NYSE: CS ) for $3.25 billion. On Monday, one analyst said the Credit Suisse acquisition makes UBS an attractive investment. The UBS Analyst: Bank of America analyst Alastair Ryan upgraded UBS from Neutral to Buy and raised the price target from $22.72 to $24.87.

Banking 97

Banking 97

Avanade

MARCH 20, 2023

Content velocity is a crucial component of business strategy. In today’s fast-paced digital environment, companies must be able to rapidly produce and provide customers with contextual useful information.

Marketability 94

Marketability 94

Mckinsey and Company

MARCH 20, 2023

To address rising interest rates and continued economic uncertainty, now is the time for CFOs and treasurers to take a more structured and systematic approach to liquidity accuracy.

Banking 98

Banking 98