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.

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Mckinsey and Company

MAY 3, 2024

Active users of gen AI are high value and in demand—and in many cases, poised to quit. New research reveals how to attract them, keep them engaged, and motivate them to stay put.

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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 139

Mergers & Acquisitions Equity 139

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 109

Banking Start-ups Finance Equity 109

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

Redpath

MAY 7, 2024

Saint Paul, MN (May 8, 2024) - In a significant stride towards modernization and a renewal of their commitment to remain headquartered in downtown Saint Paul, Minnesota, Redpath and Company—one of Minnesota's leading accounting firms—completed their office relocation from the Alliance Bank Center to the Securian Center. Now located at 400 Robert Street North in Suite 1600, the office move marks a pivotal moment in the company's journey, aligning with its vision for growth, innovation, and cultur

Accounting Firms 105

Accounting Firms Banking 105

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?

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145

NYT M&A

MAY 8, 2024

CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie studio.

Mergers & Acquisitions 137

Mergers & Acquisitions 137

Lighter Capital

MAY 8, 2024

Whether your business is just starting to focus more heavily on product-market fit, or if the goal is to raise money so you can continue to grow, today’s market is proof that customer focus will remain a critical element in success. Whatever stage in the game you’re at, here’s some wisdom you can take to the bank: don’t get tunnel vision when raising money.

Marketability 99

Marketability Start-ups Banking 99

Law 360 M&A

MAY 10, 2024

Electronically stored information on cellphones, and in particular text messages, can present unique litigation challenges, and recent court decisions demonstrate that counsel must carefully balance what data should be preserved, collected, reviewed and produced, say attorneys at Sidley.

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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

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

Harvard Corporate Governance

MAY 9, 2024

Posted by Jonathan Brogaard (University of Utah), Nataliya Gerasimova (Norwegian Business School), and Maximilian Rohrer (Norwegian School of Economics), on Thursday, May 9, 2024 Editor's Note: Jonathan Brogaard is the Kendall D. Garff Chaired Professor in the Finance department at the University of Utah’s David Eccles School of Business. Nataliya Gerasimova is an Associate Professor of Finance at the Norwegian Business School.

Finance 193

Finance 193

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.

139

139

Redpath

MAY 9, 2024

A strong cash flow forecast that accurately predicts cash position over the desired period is mission-critical for nearly every business. Building a strong cash flow forecast model up to a few weeks or months can be straightforward with available data and a few unknowns. However, longer-term cash flow forecasts–needed for business sustainability and strategic planning–are more complex.

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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

Financial Times M&A

MAY 9, 2024

The chair of Spain’s third-biggest lender has turned hostile in his €12bn second attempt to buy TSB owner Sabadell

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114

Law 360 M&A

MAY 9, 2024

Technology-enabled professional services company Sikich LLC on Thursday announced that it has secured a $250 million minority growth investment from private equity giant Bain Capital in a transaction built by four firms.

Equity 97

Equity Technology 97

Benzinga

MAY 7, 2024

Microsoft Corp. (NASDAQ: MSFT ) is shuttering several Bethesda studios and merging at least two — Roundhouse Games and ZeniMax Online Studios — sending shockwaves through the gaming industry. What Happened : According to IGN, the closures affect Arkane Austin , Tango Gameworks , and Alpha Dog Studios and will likely cause the cancellation of promised updates for various games.

Alpha 98

Alpha 98

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

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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.

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Machen McChesney

MAY 9, 2024

Many businesses focus on selling more products and services to boost profitability. But sales volume alone doesn’t necessarily raise profits. In fact, pushing more sales through a bloated expense structure can result in lower net profits.

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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 107

Equity Mergers & Acquisitions 107

Law 360 M&A

MAY 8, 2024

Years of participation in swimming events, especially in the open water, have proven to be ideal preparation for appellate arguments in court — just as you must put your trust in the ocean when competing in a swim event, you must do the same with the judicial process, says John Kulewicz at Vorys.

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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 84

Finance Marketability 84

Harvard Corporate Governance

MAY 9, 2024

Posted by Jason Frankl, Brian G. Kushner, and Robert J. Kueppers, FTI Consulting, on Thursday, May 9, 2024 Editor's Note: Jason Frankl and Brian G. Kushner are Senior Managing Directors and Robert J. Kueppers is Senior Advisor at FTI Consulting. This post is based on a FTI Consulting memorandum by Mr. Frankl, Mr. Kushner, Mr. Kueppers, Kurt Moeller , Tom Kim, and Ryan Chiang.

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141

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.

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Appraisers Blog

MAY 7, 2024

In reply to Flash. How is “It’s only going to get busier with more people leaving industry and it should be busy in 2024 during a Presidential Election.” working out for you right now (5/8/24)? Bidenomics?

Appraisal 80

Appraisal 80

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 105

Mergers & Acquisitions Equity 105

Law 360 M&A

MAY 9, 2024

The U.S. Department of Justice's Antitrust Division sharpened its focus Thursday on healthcare platforms that combine doctors with insurers, data and more in what the administration's top competition official called the "alarming" accumulation of assets.

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Benzinga

MAY 9, 2024

Barrick Gold ‘s (NYSE: GOLD ) CEO, Mark Bristow , believes that mergers and acquisitions do not address the impending copper shortage. In light of BHP ‘s proposed $39 billion takeover of Anglo American , Bristow advocated for mining companies to focus on discovering and developing new copper deposits rather than pursuing consolidation. "You can consolidate, but it doesn't bolster the production profile.

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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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Mckinsey and Company

MAY 8, 2024

As generative AI begins to reshape jobs, leaders have an opportunity to reimagine work, the workplace, and the worker. Five actions can help.

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136

Appraisers Blog

MAY 7, 2024

In reply to Srig. Ninety Five percent of my business is Non Lender Work. Estates, Inherited Homes, Divorce, Legal Work, Attorneys and Expert Witness Testimony. With clients in the Boomer Generation calling there is still 10-20 years of work just in Estate Work out there so I am busy with 3 reports on my desk now all non lender. Plan your work or someone else has a plan for you.

Appraisal 79

Appraisal 79

JPAbusiness

MAY 7, 2024

Whether your business turnover is $300k, $3m, $300m or $3b, your business’s brand and reputation is integral to its value. So how can you avoid and manage risks that may harm those critical elements of your business? To answer that question – and many others – I invited crisis management expert and brand strategist Richard Amos (pictured) from Royce Communications to join me on the latest Let’s Talk Business podcast.

Marketability 78

Marketability 78

Law 360 M&A

MAY 7, 2024

Back in December, Venable LLP partner Ashley Craig, co-chair of the firm's international trade group, spoke with Law360 just after U.S. Steel disclosed its agreement to be sold to Nippon Steel. Now, he shares his thoughts on the latest developments, including the White House coming out forcefully against the deal and the U.S. Department of Justice launching a probe into it.

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