Value Scope

JULY 21, 2020

This work can be used to reconcile and support an adjustment to the CAPM, then the WACC, via Alpha and Beta. The second inflection point was triggered by the “Fundamental Reshaping of Finance” open letter to CEOs on January 14, 2020, by Blackrock Chairman and Chief Executive Officer Larry Fink. “In million to $271.5

Intangible Assets 130

Intangible Assets Alpha Beta Unlevered Beta 130

Musings on Markets

JANUARY 5, 2024

Beta & Risk 1. Market alpha Many of these corporate finance variables, such as the costs of equity and capital, debt ratios and accounting returns also find their way into my valuations, but I add a few variables that are more attuned to my valuation and pricing data needs as well. Return on Equity 1. Debt Details 1. Buybacks 2.

Dividends 106

Dividends Risk Premium Equity Book Value 106

Cooley M&A

OCTOBER 24, 2024

J&J was attempting to develop its own surgical robot – Verb – but the development was plagued by problems in the design process and was significantly behind schedule for a publicly announced 2020 launch date. J&J became interested in Auris’ Monarch technology and invested in Auris’ Series D financing.

Alpha 52

Alpha Beta Marketability Technology 52

Value Scope

SEPTEMBER 24, 2020

The second inflection point was triggered by the “Fundamental Reshaping of Finance” open letter to CEOs on January 14, 2020, by BlackRock Chairman and Chief Executive Officer Larry Fink. “In Adjustments to Beta can accomplish this. The re-levered Beta for the private company we were valuing was 0.56. million to $271.5

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Reynolds Holding

JULY 23, 2023

The new Merger Guidelines would replace prior pronouncements of antitrust policy from the FTC and DOJ, including the 2010 Horizontal Merger Guidelines and the 2020 Vertical Merger Guidelines. They add the same structural presumption for transactions where the combined share exceeds 30%.

Marketability 40

Marketability Alpha Beta 40