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Fair Value as Process: A Retrospective Reconsideration of Delaware Appraisal

Harvard Corporate Governance

Section 262(h) of Delaware’s General Corporation Law (DCL) bids the Chancery Court in an appraisal proceeding to “determine the fair value of the shares exclusive of any element of value arising from the accomplishment or expectation of the merger.” The first was the 1983 decision of Weinberger v. UOP , 457 A.2d 2d 701 (Del.

Appraisal 189
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What is an Earnout? What is a Seller Note? Protections to Consider When Selling a Business

Viking Mergers

An earnout is a useful tool to help bridge a gap in business expectations or perceptions between the Seller and the Buyer. Benefits to the Seller when an earnout is in the deal structure include: Bridging the gap if there is a discrepancy between the Seller’s and the Buyer’s expectations. Related Articles.

Finance 130
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Does Media Exposure Affect Financial Reporting Quality Through Auditors?

Reynolds Holding

Consistent with this notion, anecdotal evidence indicates that news articles have been used as evidence in lawsuits against auditors. and its auditor, Ernst & Young, the lead plaintiff included “review of news articles” as a source for evidentiary support. The plaintiff refers to specific articles in the complaint, e.g.: 110. .:

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Your Guide to Year-End 2023: Bonuses

ThomsonReuters

As the holidays approach, many employers plan on paying out bonuses, incentives, or other supplemental wages to employees that may have unexpected tax and compliance implications. Be sure to save this article as a quick reference guide on ensuring compliance and accuracy when issuing these supplemental payments.

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“Where’s my money?” Preparing for settlement adjustments in closing a business sale

IBG Business

Helping the seller anticipate and negotiate issues that can cause deviations from the expected sale proceeds can add unexpected value to involving an experienced M&A intermediary. They hear the offer price, and they expect that to be the check amount at closing.” In a business sale, forewarned is forearmed.

Finance 52
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Business Valuation for Buying an Auto Detailing Business

Peak Business Valuation

In this article, we discuss the benefits of a business valuation for buying an auto detailing business. Income Approach The income approach evaluates an auto detailing business’s value based on its future expected economic benefits. This report details the business’s fair value, opportunities, and risks.

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Five Project Management Best Practices for More Effective Audits

Audit Board

In this article, I will share what I have learned over more than a decade of incorporating project management principles into the audit function. In addition, timelines are essential so team members understand expectations, deliverables, and milestones/due dates that have been communicated to other stakeholders. .