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The One Big Beautiful Bill Act & M&A

Harvard Corporate Governance

Posted by Deborah Paul and Rachel Reisberg, Wachtell, Lipton, Rosen & Katz, on Tuesday, July 15, 2025 Editor's Note: Deborah Paul and Rachel Reisberg are Partners at Wachtell, Lipton, Rosen & Katz. This post is based on their Wachtell memorandum. The overall impact of the OBBBA in specific situations, especially for U.S.

EBIT 113
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Data Update 1 for 2025: The Draw (and Danger) of Data

Musings on Markets

It is the end of the first full week in 2025, and my data update for the year is now up and running, and I plan to use this post to describe my data sample, my processes for computing industry statistics and the links to finding them. EBIT & EBITDA multiple s 5. Corporate Governance & Descriptive 1. Book Value Multiples 3.

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Data Update 8 for 2025: Debt, Taxes and Default - An Unholy Trifecta!

Musings on Markets

With state and local taxes added on, the US, at the start of 2025, had a marginal corporate tax rate of 25%, almost perfectly in line with a global norm. YouTube Video Data Updates for 2025 Data Update 1 for 2025: The Draw (and Danger) of Data! Data Update 4 for 2025: Interest Rates, Inflation and Central Banks!

Equity 77
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Forecasting Future Fraud: Q&A With Joanne Horton Of Warwick Business School

Global Finance

They committed accounting fraud in the second and third quarters of 2021; it was announced in 2025. Its going to change your equity, your retained earnings, your profits, your earnings per share, your EBIT, your EBITDAall these numbers would change. So, we already knew at the end of 2010 that they were likely to commit fraud.

Start-ups 112
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Valutico Unveils 6 Powerful New Features

Valutico

Valutico | June 3 2025 Were thrilled to begin rolling out a suite of powerful new features designed to take your valuation process to the next level. You can now view Net Sales, EBITDA, EBIT, and Net Income as sortable columns for more detailed peer analysis and comparison. Why does this matter?

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Tobacco Leader’s ESG Transformation

Valutico

billion to USD 108 billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. Those reduced-risk products currently represent about 35% of PM’s sales. The Discounted Cash Flow analysis produced a value of USD 212 billion using a WACC of 6.8%. Scandinavian Tobacco Group A/S and Vector Group Ltd.

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Oneok shakes up the midstream industry

Valutico

This merger is expected to be earnings accretive from 2024, with projected annual EPS accretion of 3%-7% (2025-2027) and average free cash flow per share growth exceeding 20% (2024-2027). billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. About the deal Oneok has confirmed an USD 18.8