Harvard Corporate Governance

APRIL 26, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, April 26, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of April 19-25, 2024 The Hidden Logic of Shareholder Democracy Posted by Usha Rodrigues (University of Georgia), on Friday, April 19, 2024 Tags: AMC , DGCL , Shareholder , Voting The Case Against the SEC’s Final Climate Rules Begins in Earnest (and What It Means) Posted by Paul Davies, Sarah Fortt, and Bett

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Law 360 M&A

APRIL 26, 2024

British cybersecurity company Darktrace said Friday that it has agreed to accept an approximately $5.3 billion bid to take it private from U.S. private equity firm Thoma Bravo, in a deal steered by Kirkland & Ellis LLP and Latham & Watkins LLP.

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Appraisers Blog

APRIL 26, 2024

Jon Caldara. Censorship, five years later. Thought that was a fun re read for perspective today. [link] Check this out, random find. [link] Firstsource collaborates with 5 of the top 15 ML’s in the US. Read all of page 30, keyword; mortgage. Are these the companies and tools driving changes and complaints, repurchase requests? Perhaps so. Firstsource has successfully implemented a structured Robotic Automation Process for a leading US mortgage company, enabling them to overcome the challen

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Law 360 M&A

APRIL 26, 2024

Wachtell Lipton Rosen & Katz-led Apollo Global Management has agreed to purchase Morrison Foerster LLP-advised U.S. Silica Holdings Inc. at a $1.85 billion enterprise value, the producer of commercial silica disclosed Friday, sending its stock soaring more than 20%.

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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

Appraisers Blog

APRIL 26, 2024

In reply to Eric Kretz. Thanks Eric. That’s where more photos come in, fewer generalizations, more specific writing, less pre write. Takes longer to review, less time for nit picking, better describes every component of the home, generally keeps revision clarification requests very low Aim for 100 to 150 photos per inspect, sometimes to 200+. Never stop clicking.

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Sun Acquisitions

APRIL 26, 2024

The business landscape is transforming in an era where climate change, resource depletion, and social responsibility are at the forefront of global conversations. The integration of sustainability into various facets of business operations has become both a moral imperative and a strategic necessity. This shift is increasingly evident in the realm of mergers and acquisitions (M&A).

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Benzinga

APRIL 26, 2024

U.S. Silica Holdings, Inc. (NYSE: SLCA ) shares are trading higher after the company inked a deal to be acquired by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO ) for around $1.85 billion. M&A Deal : As per the deal, U.S. Silica shareholders will receive $15.50 per share in cash for each share they own, representing an 18.7% premium to its closing share price as of $13.06 on April 25 and a 33.0% premium to 90-day volume-weighted average share price for the period

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Sun Acquisitions

APRIL 26, 2024

Mergers and acquisitions (M&A) have long been strategic maneuvers for companies seeking growth, market dominance, or increased efficiency. As organizations embark on these transformative journeys, one critical aspect that demands meticulous consideration is the financing model. The risk-reward equation in M&A financing is a delicate balance, where potential pitfalls and gains play a pivotal role in shaping the merged entity’s future.

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Benzinga

APRIL 26, 2024

Paramount Global (NASDAQ: PARA ) and Skydance Media are advancing towards a merger, with discussions to purchase out controlling shareholder Shari Redstone underway, CNBC cites sources. Paramount Global’s special committee and David Ellison’s Skydance Media, supported by private equity firms KKR and RedBird Capital Partners, are honing the valuation of Skydance’s assets for the merger and determining the equity to be added for recapitalization.

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Vested

APRIL 26, 2024

Today we sat down with Amin Ford, the Managing Director of Lyon Tech , to talk about the importance of team togetherness, why walking meetings are a productivity tool, and why you are right where you need to be.

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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

APRIL 26, 2024

Anglo American (OTCQX: NGLOY ) rebuffed a $39-billion takeover proposal from BHP Group (NYSE: BHP ), dismissing the offer as "highly unattractive." What Happened : BHP’s bid, announced Thursday, April 25, involved an all-share offer. One of the conditions requires Anglo American to complete two separate demergers of its shareholdings in Anglo American Platinum (Amplats) and Kumba Iron Ore (Kumba).

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Financial Times M&A

APRIL 26, 2024

Offer comes less than two years after private equity group previously held talks about buying cyber security company

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John Jenkins

APRIL 26, 2024

A recent lawsuit involving a buyer’s attempt to terminate a deal based on a seller’s alleged non-compliance with the purchase agreement’s financing cooperation covenant raises the question of when a buyer should have the right to walk away from a deal on that basis.

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The Guardian M&A

APRIL 26, 2024

Investor’s move comes amid reports RedBird IMI is to formally withdraw its attempt to buy the newspaper The GB News investor Sir Paul Marshall is stepping down from the board of the broadcaster after three years, it was announced on Friday. Marshall is expected to be a frontrunner in the race to buy the Telegraph when the auction process reopens, after the government in effect scuppered its planned sale of the newspaper to a United Arab Emirates-backed consortium, RedBird IMI.

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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

APRIL 26, 2024

Oil major’s finance chief highlights ‘troubling’ geopolitical events in the Middle East and Russia

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The Guardian M&A

APRIL 26, 2024

All-share proposal had potential to be one of biggest deals in sector for decade but deemed ‘opportunistic’ Business live – latest updates The board of Anglo American, the London-listed mining company, has rejected a £31bn takeover approach from the Australian rival BHP. BHP’s all-share proposed offer for Anglo American had the potential to be one of the biggest deals in the global mining sector for a decade but has attracted criticism from Anglo’s shareholders as being too low and “highly oppor

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Benzinga

APRIL 26, 2024

MONACO, April 26, 2024 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the Company) (NYSE: SB ), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel, with a scheduled delivery date within the fourth quarter of 2026.

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The Guardian M&A

APRIL 26, 2024

UK company’s offer from Thoma Bravo is 44% higher than average share price over past three months The Cambridge-based cybersecurity and artificial intelligence company Darktrace is likely to become the latest British technology champion to be swallowed up by a US suitor, after it agreed a $5.3bn (£4.2bn) sale to US private equity business Thoma Bravo.

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Benzinga

APRIL 26, 2024

Concord, NH, April 26, 2024 (GLOBE NEWSWIRE) -- The Granite Group, a leading northeast supplier of plumbing, heating, cooling, piping, water systems, and energy products, has expanded its branch network in western New England with the acquisition of Premier Supply Group, a wholesale distributor of like products with nine branch locations in Vermont, New Hampshire and Massachusetts.

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Financial Times M&A

APRIL 26, 2024

Resulting auction process expected to attract bidders including Rupert Murdoch and hedge fund boss Paul Marshall

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Harvard Corporate Governance

APRIL 26, 2024

Posted by Robert G. Eccles (Saïd Business School), Richard Gardiner, and Andrea Webster, World Benchmarking Alliance, on Friday, April 26, 2024 Editor's Note: Robert G. Eccles is a Visiting Professor of Management Practice at Saïd Business School; Richard Gardiner is EU Public Policy Lead, and Andrea Webster is Financial System Transformation Lead at World Benchmarking Alliance.

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Financial Times M&A

APRIL 26, 2024

Defendant made more than €14mn in profit using tips from Perella Weinberg banker

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Financial Times M&A

APRIL 26, 2024

The cyber specialist has had a bumpy three-year ride as a public company

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