Tue.Apr 25, 2023

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Certified Appraisers vs. Unlicensed Data Collectors

Appraisers Blog

Here’s a great take on the difference between Certified Appraisers vs. Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Fannie Mae has been working hard to get rid of appraisers for years. Their latest twist is to re-categorize many appraisers as “Unlicensed Data Collectors.” Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home c

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A History of Securities Law in the Supreme Court

Harvard Corporate Governance

Posted by Adam C. Pritchard (University of Florida) and Robert Thompson (Georgetown University), on Tuesday, April 25, 2023 Editor's Note: Adam Pritchard is a Visiting Professor, Levin College of Law, University of Florida and Robert B. Thompson is Peter P. Weidenbruch, Jr. Professor of Business Law at Georgetown University Law Center. This post is based on the authors’ book.

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Venture Capital After SVB: Q&A With Kearney's Ben T. Smith IV

Global Finance

Ben T. Smith IV, a longtime Silicon Valley executive and currently head of the Communications, Media and Technology practice at Kearney, speaks to Global Finance about the post-SVB venture capital industry and the pace of innovation.

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Comment on Dear Representative, FNMA Has Gone Rogue! by don

Appraisers Blog

In reply to Baggins. Some time ago I occasionally did appraisals supporting small corporate retirement investments. One I looked at was 4 four plex’s in a large group of varied R-3 properties. My subject was at the end of an easement with separate managements. Obviously, vacancies and management practices differed among all the different owners.

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How to Leverage Intent Data for Better Outcomes

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.

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Lewis University and St. Augustine College Plan Merger

Business Wire M&A

ROMEOVILLE, Ill.--(BUSINESS WIRE)--The presidents of Lewis University and St. Augustine College today announced a plan to merge both institutions, with both Boards of Trustees unanimously approving the decision. The schools will now submit an application to the Higher Learning Commission (HLC) to make St. Augustine College a part of Lewis University.

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Purdue Pharma Gets OK To Sell Over-The-Counter Business

Law 360 M&A

A New York bankruptcy judge gave pharmaceutical maker Purdue Pharma permission Tuesday to put its over-the-counter business on the auction block next month with a $397 million stalking horse bid.

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More Trending

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Comment on Borrowers With Good Credit Scores to Foot the Bill for Higher Risk Borrowers by Baggins

Appraisers Blog

In reply to Pat Turner. Pat if you are going to read it, I will too. Like the author truly has a world view in favor of socialistic models, rather than capitalistic models. You’re just confused, because your mind is holding onto the ideas of fairness, equality, and just rewards from within the confines of the now antiquated late stage capitalistic model.

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Assertio Scoops Up Spectrum Pharma In $248M Stock Deal

Benzinga

Assertio Holdings Inc (NASDAQ: ASRT ) will acquire Spectrum Pharmaceuticals Inc (NASDAQ: SPPI ) in an all-stock and contingent value rights (CVR) transaction. Under the terms of the agreement, each Spectrum share will be exchanged for a fixed exchange ratio of 0.1783 shares of Assertio common, implying an upfront value of $1.14 per Spectrum share. Additionally, Spectrum stockholders will receive one CVR per Spectrum share, entitling them to receive up to an.

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3 tips to manage business growth

JPAbusiness

If you’re in business, achieving growth (i.e. increased inquiries and sales) should be a positive thing. However many businesses that experience growth don’t see the benefits automatically flow through to the bottom line (i.e. increased profits). That’s because their offerings, people, processes and systems, working capital and operations don’t have the capacity to respond and deliver successfully.

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Emirates Telecom Boosts Vodafone Stake Close To 15%, Seeks Board Restructuring

Benzinga

Vodafone Group Plc's (NASDAQ: VOD ) biggest shareholder , Emirates Telecommunications Group Co , discussed revamping its board with the British telecom group. The United Arab Emirates sovereign wealth fund-backed firm began talks on April 12 about the board's non-executive directors engaging on various issues at Vodafone, Bloomberg reports. Vodafone's shares consistently lost value for years, and it struggled in its.

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Statement of Cash Flows vs. Cash Flow Statement

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

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We May Never See a Better Environment for Transferring Wealth. Here's Why

Machen McChesney

It may seem that there will always be time to address estate planning. However, a unique opportunity to maximize the amount of wealth that can be tax-efficiently passed to heirs will expire at the end of 2025. Furthermore, legislation could curb lifetime exemption limits even sooner. The opportunity is even more pressing because the current market downturn represents an especially advantageous time to optimize your taxable estate before markets eventually recover.

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A monthly update on the state of the US consumer: April 2023

Mckinsey and Company

Overall consumer spending growth is slowing, but consumers still intend to splurge on select categories. Here’s the latest data from our ConsumerWise research.

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Comment on Dear Representative, FNMA Has Gone Rogue! by don

Appraisers Blog

In reply to Todd Redington. I’VE said before; What about seconds, thirds and fourths. Some time ago I was proposed to accept a 4th as an appraisal fee for a several properties. This 4th was after’s the attorney’s 3rd and was against the client’s latest husband’s property. I didn’t believe there was equity enough. As values increase, equity’s increase, the potential for gain or loss may be equal but for the interpretation of an APPRAISER.

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Metrie® Continues to Expand Its Presence in the California Market With the Acquisition of Anderco Inc.

Business Wire M&A

VANCOUVER, British Columbia--(BUSINESS WIRE)--Metrie®, North America’s largest manufacturer and distributor of millwork solutions, announces that it has entered into a definitive agreement for the acquisition of certain assets of Anderco Inc., a manufacturer and distributor of doors and door frames, based in Fullerton, California. Subject to the fulfillment of certain closing requirements, the deal is expected to close on May 1.

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Mastering Intent Data: Understanding its Importance & Best Practices

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.

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Comment on Dear Representative, FNMA Has Gone Rogue! by David

Appraisers Blog

We’ve beaten this one to death, but I want to remind you again that I warned you who was the enemy months ago – Lyle Radke, Sen Dir Collateral Risk FANNIE. Check out is thin background routed in real estate SALES! Hybrids for $100 -LOL!!

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Prestige Storage Announces the Addition of a Twelve Property Portfolio in Michigan, and Two Leaders to Their Team

Business Wire M&A

MUSKEGON, Mich.--(BUSINESS WIRE)--Prestige Storage, a leading provider of the self-storage industry in the Midwest, in partnership with Peaceable Street Capital, announces the acquisition of the Western Michigan 12 Property Portfolio. A 490,302 -square-foot self-storage portfolio located in Muskegon, Fruitport, Spring Lake, Kent City and West Olive, Michigan.

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FTX Reaches $50M LedgerX Deal With Miami Exchange Owner

Law 360 M&A

Defunct crypto exchange FTX has reached a $50 million deal to sell off its crypto derivatives platform and clearinghouse LedgerX LLC to an affiliate of Miami International Holdings Inc., a company that owns several financial exchanges.

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Alarm.com Expands AI Program with Asset Acquisition from Vintra, an AI-based Video Analytics Company

Business Wire M&A

TYSONS, Va.--(BUSINESS WIRE)--Alarm.com (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced the acquisition of substantially all assets of Vintra, a software provider of award-winning AI-powered video analytics for the enterprise commercial market. Integrating Vintra's software capabilities and its experienced science and engineering teams will expand Alarm.

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2 Firms Lead Assertio Buy Of Spectrum Pharma For $248M

Law 360 M&A

Pharma companies Assertio Holdings Inc. and Spectrum Pharmaceuticals Inc. announced on Tuesday that they had reached an agreement for the former to buy the latter, in a deal worth roughly $248 million and led by Gibson Dunn & Crutcher LLP and Latham & Watkins LLP.

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Standard Solar Acquires Solar + Storage Project from EDF Renewables North America, Advances Massachusetts toward its Clean Energy Targets

Business Wire M&A

ROCKVILLE, Md.--(BUSINESS WIRE)-- #batterystorage--The Acton Water District in Acton, Massachusetts, will soon add an additional 1.5 megawatt (MW) solar and 2 megawatt-hour (MWh) battery storage project to their cost-saving clean energy portfolio. Standard Solar acquired the Knox Solar + Storage project from developer EDF Renewables North America and will be the long-term owner.

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A balancing act: Securing European gas and power markets

Mckinsey and Company

The invasion of Ukraine has shocked the European energy market. Europe may need to intensify efforts to reduce gas demand to balance the market and ensure security of supply while avoiding price spikes.

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Teleperformance Announces Proposed Acquisition of Majorel

Business Wire M&A

PARIS--(BUSINESS WIRE)--Regulatory News: Teleperformance (Paris:TEP), a global leader in digital business services, today announced its proposed voluntary cash and share offer for all shares in Majorel (the "Shares"). Teleperformance offers €30 per share1 for a total consideration of €3bn. The Majorel shareholders can also elect to receive Teleperformance shares at an exchange ratio of 0,1382 Teleperformance share for each Majorel share, up to a maximum of €1bn in Teleperformance shares.

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Joint Representation Ethics Lessons From Ga. Electors Case

Law 360 M&A

The Fulton County district attorney's recent motion to disqualify an attorney from representing her elector clients, claiming a nonconsentable conflict of interest, raises key questions about representing multiple clients related to the same conduct and highlights potential pitfalls, say Hilary Gerzhoy and Grace Wynn at HWG.

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Comment on Dear Representative, FNMA Has Gone Rogue! by don

Appraisers Blog

In reply to Baggins. The opportunity to cheat lie and steel is universal. The reason we trust, is because most people do not cheat, lie and or steel. Most are honest.

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Yahoo Buys Social Sports Betting App Wagr

Law 360 M&A

Yahoo said Tuesday it has acquired peer-to-peer sports betting app Wagr, which the global media company said will help accelerate Yahoo Sports' efforts to "create and deliver the most compelling fantasy and gaming products.

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Comment on Certified Appraisers vs. Unlicensed Data Collectors by IMJSAYN

Appraisers Blog

Numerous states require anyone “analyzing” real property condition to be licensed in accordance with state regulations and laws. The acts of a property data collectors by definition require analysis of condition and quality of a home. These are the actions of the performance of an “appraisal assignment” and in some states can ONLY be performed by a Licensed/Certified appraiser.

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Yahoo Acquires Wagr, Unlocking Opportunities in Social Gaming for Yahoo Sports

Business Wire M&A

NEW YORK--(BUSINESS WIRE)--Yahoo today announced the acquisition of Wagr, a peer-to-peer sports betting app focused on making gaming social and accessible.

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The McKinsey Crossword: Coming to a Head | No. 125

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Zinnia to Acquire Policygenius, A Leading Digital Insurance Marketplace

Business Wire M&A

GREENWICH, Conn.--(BUSINESS WIRE)--Zinnia, a life and annuity insurance technology and digital services company, today announced it is acquiring Policygenius, a digital insurance marketplace. The acquisition lays the foundation for the industry’s first front-to-back architecture to power the entire insurance value chain and better serve carriers, advisors, and policyholders.

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Meeting the needs of younger boat and recreational-vehicle buyers

Mckinsey and Company

A generational shift is under way as buyers of boats and recreational vehicles trend younger. What can companies do to stay ahead of the curve?

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Economist breaks down Consumer Price Index for payroll

ThomsonReuters

On April 12, 2023, the U.S. Bureau of Labor and Statistics (BLS) announced that the Consumer Price Index (CPI) increased 0.1% in March and increased 5.0% over the last year, which was the smallest increase since the period ending May 2021. The CPI and payroll are intertwined in a variety of ways. Employers and payroll professionals look to these monthly numbers to make changes and adjustments to payroll systems and also to forecast possible impact on the business in the near future.

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Keep your friends close and private equity tycoons closer

Financial Times M&A

Plus, Wall Street lawyers mourn their 2021 bonuses and a top Vodafone shareholder eyes its board composition

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FCF Biotech Venture Capital Monitor – USA 03/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 03/2023”. The Monitor is a monthly published overview of venture capital trends in the US-Biotech sector. As. Read more The post FCF Biotech Venture Capital Monitor – USA 03/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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UAE investment group increases Vodafone stake amid scrutiny of board structure

Financial Times M&A

Move signals telecoms company’s biggest shareholder may want to encourage change

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