Harvard Corporate Governance

MAY 4, 2024

Posted by Natalie Cooper, Bob Lamm, Deloitte LLP, and Randi Val Morrison, Society for Corporate Governance, on Saturday, May 4, 2024 Editor's Note: Natalie Cooper is Senior Manager at the Center for Board Effectiveness at Deloitte LLP; Bob Lamm is Independent Senior Advisor at the Center for Board Effectiveness at Deloitte LLP; and Randi Val Morrison is Senior Vice President and General Counsel at the Society for Corporate Governance.

264

264

Mckinsey and Company

MAY 6, 2024

Pilots of generative AI commercial use cases at biopharmaceutical and medtech companies have been promising, but success at scale hinges on a clear—and budgeted—gen AI strategy and custom solutions.

127

127

Mckinsey and Company

MAY 3, 2024

Narcissism. Overconfidence. Low EQ. Why do we persist in selecting for leadership traits that hamper organizational progress—and leave the right potential leaders in the wrong roles?

145

145

NYT M&A

MAY 5, 2024

After letting exclusive talks with the movie studio Skydance lapse, Paramount’s directors met over the weekend and decided to negotiate with all the suitors.

Mergers & Acquisitions 144

Mergers & Acquisitions Equity 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

Benzinga

MAY 3, 2024

Diversified miners Glencore (OTC: GLNCY ) and Anglo American (OTC: NGLOY ) offer a better match than that proposed in BHP Group ‘s (NYSE: BHP ) offer for Anglo, RBC Capital Markets analyst Marina Calero said in a note to clients on Friday. Last week, Australia-headquartered BHP said it had made a $39 billion offer for London-based Anglo, which swiftly rejected the proposal as too low.

Marketability 116

Marketability 116

Appraisers Blog

MAY 6, 2024

In reply to Spencer Paul. Avm’s like Zillow are populated with unreliable data, as tech savvy people double list, manipulate data, the illusion of a higher market ceiling. Open source community driven content. Look at an amc’s technical details; Property goes up for list, the avm calculation turns off, that price asking figure is treated as a sale.

Marketability 97

Marketability 97

NYT M&A

MAY 2, 2024

Paramount has been exploring a potential deal for months, talking to suitors including Skydance, producer of “Top Gun: Maverick.

Mergers & Acquisitions 118

Mergers & Acquisitions Equity 118

Benzinga

MAY 6, 2024

Exxon Mobil Corporation (NYSE: XOM ) closed its acquisition of Pioneer Natural Resources Company last week. The merger of both companies created a combined company that has more than 1.4 million net acres in the Delaware and Midland basins and had an estimated 16 billion barrels of oil equivalent resource. With the buyout, ExxonMobil’s Permian production volume is projected to more than double to 1.3 million barrels of oil equivalent per day (MOEBD), based on 2023 volumes, and is targeted

Equity 100

Equity 100

Appraisers Blog

MAY 6, 2024

In reply to Chuck. Viewing contractual figures is essential for appraisers. Always comp search first or you’re driving blind. How realty sales representation works in the real world; Agent to seller; List with me and I’ll get you the highest possible number. Seller; Do you really think we can get that much? Agent; We’ll put the number out there and see if anyone bites.

Comps 95

Comps Appraisal Marketability 95

Harvard Corporate Governance

MAY 7, 2024

Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Tuesday, May 7, 2024 Editor's Note: Martin Lipton is a Founding Partner at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell Lipton memorandum by Mr. Lipton and Kevin S. Schwartz. For decades, advocates of “shareholder primacy” as the North Star of corporate governance have steered our leading corporations and our Nation’s economic engine perilously off-course.

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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

Mckinsey and Company

MAY 3, 2024

Deep learning is a type of machine learning that is more capable, autonomous, and accurate than traditional machine learning.

145

145

Law 360 M&A

MAY 2, 2024

State and federal regulators are increasingly imposing new requirements on healthcare transactions involving private equity partners, with mergers that would have drawn little scrutiny a few years ago now requiring a multijurisdictional risk analysis during the deal formation process, say attorneys at Stinson.

Equity 98

Equity 98

NYT M&A

MAY 3, 2024

Negotiations are now likely to focus on another suitor, Sony, which has teamed up with the private equity giant Apollo on a $26 billion bid.

Equity 108

Equity Mergers & Acquisitions 108

Appraisers Blog

MAY 6, 2024

The fact that GSE’s, lenders, and amc’s are even talking about ROV’s is the problem. Lenders used to simply order additional appraisals from one of their other trusted well vetted appraisal panel members. Get a second, a third, a field review. Write the expense off, process the loan. In house management was better, the majority of ROV’s today come from the amc world.

Appraisal 95

Appraisal Marketability 95

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

MAY 8, 2024

Posted by Danielle Chaim (Bar-Ilan University), and Gideon Parchomovsky (Hebrew University of Jerusalem), on Wednesday, May 8, 2024 Editor's Note: Danielle Chaim is an Assistant Professor at Bar-Ilan University Faculty of Law, and Gideon Parchomovsky is Wachtell, Lipton, Rosen & Katz Chair in Corporate Law at the Hebrew University of Jerusalem and Robert G.

141

141

Mckinsey and Company

MAY 3, 2024

This playbook for founder CEOs on scaling from start-up to standout and beyond borrows lessons from the global B2B software-as-a-service industry.

Start-ups 135

Start-ups B2B 135

Law 360 M&A

MAY 2, 2024

As the old marketing adage goes, consistency is key, but law firm style guides need consistency that contemplates variety when it comes to client alert formats, allowing attorneys to tailor alerts to best fit the audience and subject matter, says Jessica Kaplan at Legally Penned.

Marketability 98

Marketability 98

Benzinga

MAY 7, 2024

Sony Group Corp’s (NYSE: SONY ) shares experienced a significant drop, the largest in nearly three months, following its joint $26 billion bid with Apollo Global Management Inc (NYSE: APO ) to purchase American multinational mass media and entertainment conglomerate Paramount Global (NASDAQ: PARA ). The offer has sparked concerns about Sony’s financial capacity to handle the acquisition, as the proposed deal exceeds Sony’s current cash reserves.

Finance 81

Finance Marketability 81

Appraisers Blog

MAY 6, 2024

In reply to Kay Smith. Truckers are enduring the same struggle because of deregulation. Appraisers… because of never ending regulation. Welcome to Hades! P.S. The fire water and sauna are free.

Appraisal 94

Appraisal 94

Harvard Corporate Governance

MAY 1, 2024

Posted by Michael Didiuk, Malik Rollins, and Joseph Daly, Schulte Roth & Zabel LLP, on Wednesday, May 1, 2024 Editor's Note: Michael Didiuk is a Partner, Malik Rollins is Special Counsel, and Joseph Daly is an Associate at Schulte Roth & Zabel LLP. This post is based on their Schulte memorandum. The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin repor

161

161

Mckinsey and Company

MAY 3, 2024

Hydrogen developers could use digital twins to improve the economic viability of renewable projects and meet increasing demand. Here, we illustrate how, using renewable hydrogen as an example.

121

121

Law 360 M&A

MAY 2, 2024

Plastic-film maker Transcendia Holdings announced Thursday that it had reached a recapitalization deal that will cut $200 million in debt, provide $114 million in new capital, and hand majority ownership of the company to private equity firm Industrial Opportunity Partners.

Private Equity Firm 97

Private Equity Firm Equity 97

Benzinga

MAY 6, 2024

As the cannabis industry adapts to its new regulatory environment following the DEA's announcement it would move to reschedule cannabis , a recent report from Viridian Capital Advisors suggests a significant uptick in mergers and acquisitions (M&A) activity is on the horizon. Increased Benefits For Tier 1 Mult-State Operators The analysis highlights a crucial trend in the valuation gap between Tier 1 multi-state operators (MSOs) and smaller entities, which has widened to a three-year hig

Market Capitalization 78

Market Capitalization Marketability Mergers & Acquisitions 78

Appraisers Blog

MAY 5, 2024

HUD FHA 4000.1 Condition requiring Inspection by a Qualified Individual or Entity, p. 836. This allows Appraisers to refer to an Inspector for required information about the property’s condition. MS HB1663 is not necessary when there is a licensing body already providing the same information.

Appraisal 98

Appraisal 98

Harvard Corporate Governance

MAY 6, 2024

Posted by Mireia Giné (IESE Business School), on Monday, May 6, 2024 Editor's Note: Mireia Giné is Professor of Finance at the IESE Business School. This post is based on a recent paper by Prof. Giné; Miguel Antón , Florian Ederer , and Martin Schmalz. The common ownership hypothesis has ignited a debate among scholars, policymakers, investors, and other industry stakeholders about the impact of widespread diversified investment on corporate competition.

Finance 146

Finance Marketability 146

Mckinsey and Company

MAY 3, 2024

To meet escalating demand for the latest advanced products, companies need a better way to handle the interactions and uncertainties of increasingly complex manufacturing.

119

119

Law 360 M&A

MAY 1, 2024

Thanks to my dog Birdie, I've learned that carving out an activity different from the practice of law — like daily outdoor walks that allow you to interact with new people — can contribute to professional success by boosting creativity and mental acuity, as well as expanding your social network, says Sarah Petrie at the Massachusetts Attorney General’s Office.

98

98

Brian DeChesare

MAY 8, 2024

In case you’ve been offline for the past few days, it has happened yet again: An investment banker has died on the job. You can read about it in various threads on Wall Street Oasis , Reddit , eFinancialCareers , LinkedIn, and more, so I won’t repeat the full details here. In short, this banker was an Associate in the FIG team at Bank of America and had a very accomplished track record before joining the firm.

Banking 64

Banking Start-ups Finance Equity 64

Appraisers Blog

MAY 4, 2024

In reply to Mary Thompson Thompson. Yeah, I did just that once, not to be a butt but because those comps where mislabeled and where more appropriate than two of the comps I had.

Comps 98

Comps 98

Benzinga

MAY 7, 2024

Planet 13 Holdings Inc. (CSE: PLTH ) (OTCQX: PLNH ) closed its previously announced sale of Planet 13 Florida, Inc. on Monday following the previously announced approval from the Florida Office of Medical Marijuana Use in April. What Happened The Las Vegas-based vertically-integrated multi-state operator (MSO) sold 100% of the equity interests of Planet 13 Florida, which owns a medical marijuana treatment center license issued by the Florida Department of Health to SGW FL Enterprises, LLC , in e

Equity 69

Equity 69

Mckinsey and Company

MAY 7, 2024

Cash is no longer Latin Americans’ preferred way to pay, as debit cards, credit cards, and mobile payments have gained fans, presenting opportunities for financial-services companies.

88

88

Law 360 M&A

MAY 1, 2024

Delaware's top court on Wednesday reversed a Chancery Court dismissal of stockholder challenges to the $7.3 billion go-private sale of Inovalon Holdings Inc. to Nordic Capital, saying that the lower court wrongly concluded that minority investors were adequately informed about the deal and special committee conflicts of interest.

98

98

Butcher Joseph & Co.

MAY 5, 2024

Rick Hennessey Talks to the St. Louis Business Journal About the Sale Environmental Restoration to Its Employees. The post Rick Hennessey Talks to the St. Louis Business Journal About the Sale Environmental Restoration to Its Employees appeared first on ButcherJoseph & Co.

71

71

Appraisers Blog

MAY 4, 2024

In reply to Spencer Paul. Not trying to be a butt. Reality is those comps could actually be good but sad news is the value is reduced. Everyone always thinks new comps means a higher value. They don’t.

Comps 98

Comps 98