Wed.Jun 22, 2022

Proposal on Climate-Related Disclosures Falls Within the SEC’s Authority

Harvard Corporate Governance

Posted by John C. Coates (Harvard Law School), on Wednesday, June 22, 2022 Editor's Note: John C. Coates is the John F. Cogan, Jr. Professor of Law and Economics at Harvard Law School. This post is based on his recent comment letter. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. Bebchuk and Roberto Tallarita (discussed on the Forum here ); For Whom Corporate Leaders Bargain by Lucian A.

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Crypto’s John Pierpont Morgan

Financial Times M&A

Plus, inside the UK’s efforts to keep Arm within its borders and Mars’s shift from candy bars to cat food

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Meeting Expectations for Board Diversity

Harvard Corporate Governance

Posted by David A. Bell, Dawn Belt, and Ron Llewellyn, Fenwick & West LLP, on Wednesday, June 22, 2022 Editor's Note: David A. Bell and Dawn Belt are partners and Ron C. Llewellyn is counsel at Fenwick & West LLP. This post is based on their Fenwick memorandum.

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Investment Banking in New York vs. Chicago vs. San Francisco vs. Los Angeles: How to Pick Your Poison

Brian DeChesare

I published an article on this topic of investment banking in New York vs. Chicago vs. San Francisco vs. Los Angeles vs. Houston vs. other cities a long time ago – but a fair amount has changed since then: Remote / hybrid work means that some of the advantages and disadvantages of different cities are more nebulous.

Chancery Court Continues to Reject Demand Futility Claims Post-Zuckerberg

Harvard Corporate Governance

Posted by Sarah Runnells Martin and Daniel S. Atlas, Skadden, Arps, Slate, Meagher & Flom LLP, on Wednesday, June 22, 2022 Editor's Note: Sarah Runnells Martin is counsel and Daniel S. Atlas is an associate at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on their Skadden memorandum, and is part of the Delaware law series ; links to other posts in the series are available here. In September 2021, in United Food and Commercial Workers Union v.

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Democrats question Reckitt Benckiser’s plan to sell baby formula unit

Financial Times M&A

US lawmakers warn a deal with private equity firm could ‘shallow out’ market already gripped by critical shortages

Companies Need to Pay Attention to Gen Z

Machen McChesney

Finding talent is an issue for nearly all businesses. There are many reasons for this, but the top three may be (1) adjusting to a new normal that is not yet fully formed, (2) the generational shift in leadership, and (3) the scarcity of talent.

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More Trending

Corporate Criminal Liability for ESG Initiatives Is on Its Way

Reynolds Holding

The Securities and Exchange Commission (“SEC”) has signaled that it wants to increase enforcement against “greenwashing” – misrepresentation of a company’s environmental actions. It is not yet clear, though, whether these enforcement efforts will expand the risk of corporate criminal liability.

Strengthening collaboration in the European space ecosystem

McKinsey

European space partnerships are complex, spanning multiple countries and organizations. A new approach can help all participants unite behind shared goals. Aerospace & Defense Insights Aerospace

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MNT-Halan Acquires Talabeyah, Integrated FMCG E-commerce and Distribution Platform

Business Wire M&A

CAIRO, Egypt--(BUSINESS WIRE)-- #digitaldisruption--MNT-Halan, Egypt’s leading fintech player, announced today the acquisition of Talabeyah, a B2B e-commerce platform

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Are personalized vitamins the future of wellness?

McKinsey

Two fast-growing vitamin companies, HUM Nutrition and Vous Vitamin, are betting on personalization. Listen to their CEOs discuss the biggest trends in consumer health and wellness. Insights on Consumer Packaged Goods Consumer packaged goods

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Corelogic Take on Appraisal Overvaluation

Appraisers Blog

The results of this 2021 white paper: Appraisal overvaluation: Evidence of price adjustment bias in sales Comparisons co-authored by Frank Nothaft are pretty interesting. At first glance, I get the CoreLogic evil empire stuff, but step back and take it all in. Here’s the abstract.

Nature and financial institutions in Africa: A first assessment of opportunities and risks

McKinsey

Africa’s climate resilience can be strengthened by redefining its economic model to leverage natural capital and designing financial systems to redirect critical nature-based investments. Insights on Sustainability Sustainability

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Tips For Building A Successful Cannabis Business: Meet Trulieve's Kim Rivers At Benzinga's Cannabis Capital Conference This September

Benzinga

With cannabis reform becoming a global phenomenon, the question of its federal legalization in the U.S. has come down to when it will take place. Kim Rivers , CEO of Trulieve Cannabis Corp.

‘Find the smartest technologist in the company and make them CEO’

McKinsey

Silicon Valley’s Marc Andreessen tackles tech trends like artificial intelligence, crypto, and Web3—and why incumbents still have a tough time competing with digital start-ups. Our Insights High Tech & Internet Digital

Private Equity: Investors Want More “Skin in the Game” From GPs

John Jenkins

Private equity sponsors looking to fundraise from new investors should expect to dig a little deeper into their own pockets – at least that’s one of the implications of this recent Institutional Investor article, which says that investors want to see general partners in PE funds have more skin in the game: For a lot […

Thoma Bravo Completes Acquisition of Anaplan

Business Wire M&A

SAN FRANCISCO--(BUSINESS WIRE)--Anaplan, Inc., provider of a leading cloud-native platform for orchestrating business performance, today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $10.4 billion.

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Texas Judge Tells Exec In Trade Secret Case To Stop Working

Law 360 M&A

A Texas state judge has ordered an executive at an oilfield pump and valve distributor to stop working for his latest company in light of allegations he sold off his last business for $170 million and then took its trade secrets and several employees with him to a competing outfit

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Sonrava Health Completes Acquisition of Mid-Atlantic Dental Partners

Business Wire M&A

DALLAS--(BUSINESS WIRE)--Sonrava Health today announced that it has completed the acquisition of Mid-Atlantic Dental Partners (MADP).

LeClairRyan Bankruptcy Highlights Pass-Through Tax Issue

Law 360 M&A

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Funding a Deal: The Capital Stack Explained

Scott Mashuda

THE CAPITAL STACK When it comes to deals, debt is cheaper than equity when it comes to deals. Let’s look at the capital stack. The capital stack represents the underlying financial structure of a deal. It is referred to as a stack because as the name suggests, it is made up of layers of investment.

Are your clients crying out for advisory services?

ThomsonReuters

Most business owners have a traditional understanding of what an accountant does. File taxes. Prepare financial statements. But are your clients asking you for more?

T-Mobile, Dish Cut Deal Over Network Shutdown Feud

Law 360 M&A

T-Mobile and Dish announced tweaks Tuesday to Dish's use of T-Mobile's wireless network, ending a squabble over the shutdown of legacy networks tracing to when Dish picked up Sprint's prepaid business as part of a settlement with federal regulators clearing T-Mobile's purchase of Sprint

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EXCLUSIVE: Pasithea Expands Its Core Therapeutic Pipeline With This Acquisition

Benzinga

Pasithea Therapeutics Corp (NASDAQ: KTTA ) has acquired Alpha-5 integrin LLC , a privately-held preclinical-stage company developing a monoclonal antibody (mAbs) for amyotrophic lateral sclerosis (ALS) and other neuroinflammatory disorders.

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Angeles Equity Partners Acquires Majority Stake in Freymiller

Business Wire M&A

LOS ANGELES & OKLAHOMA CITY, Okla.--(BUSINESS

Why Kohl's Stock Is Down More Than 9% Today

Benzinga

Kohl's Corporation (NYSE: KSS ) shares are trading lower following reports suggesting Franchise Group is considering lowering its bid for Kohl's from about $60 to closer to $50 per share. According to a CNBC report , the owner is actively. Full story available on Benzinga.com.

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The M&A Process From A Buyer’s Perspective

Benchmark Report

When it comes to mergers and acquisitions, it is common for a seller to struggle to see the transaction from a buyer’s point of view. This is quite understandable because a business owner spends years, and even decades, building their company into a successful venture.

Frasers increases Hugo Boss stake to €900mn

Financial Times M&A

Sports Direct owner takes direct holding in German fashion brand to almost 5

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6 Reasons You Should Save for College with a 529 Plan

Financial Analyst Insider

According to the Education Data Initiative, 86% of parents have put away enough savings over the years to help pay for their children’s higher education. The post 6 Reasons You Should Save for College with a 529 Plan appeared first on Financial Analyst Insider. School

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Interest rates on unpaid taxes are going up

Henry Horne

Interest rates on unpaid taxes are increasing. The rate will go up to 5% for underpaid taxes beginning July 1, 2022 per the Internal Revenue Service. The interest rates are determined on a quarterly basis. The IRS interest rate was a mere 3% on March 31, 2022 then rose to 4% for the second quarter.

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How 5 Things You Should Know If You Consider Buying Terra

Financial Analyst Insider

This is not financial advice and does not represent the opinion of the owners of this website. If you’re looking for a stablecoin backed by. The post How 5 Things You Should Know If You Consider Buying Terra appeared first on Financial Analyst Insider. Cryptocurrency Exchange

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Why Sell Your Business

Sun Acquisitions

Why sell your business? Selling a business is emotionally , psychologically, and financially demanding. It can be hard and for some – cause intense sorrow and regret that can lead to suicide.

8 Steps for Setting Your Firm's Revenue Goals

Accounting Web

Growth 8 Steps for Setting Your Firm's Revenue Goals

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Silver Lake Enters Into Definitive Agreement to Acquire a Majority Stake in Facile.it from EQT and Oakley Capital to Support Management in the Next Phase of Growth, Making Facile Italy’s Second Unicorn

Business Wire M&A

2022 Interior Design Trends Most Likely to Affect Value of Personal Property

ISA

6/22/2022 12:00:00 AM. I have been reviewing the general media, interior design professional publications, and other industry sources to spot the interior design trends for 2022 that are most likely to affect the value of personal property values.

Gores Guggenheim Stockholders Approve Polestar Business Combination

Business Wire M&A

LOS ANGELES & GOTHENBURG, Sweden--(BUSINESS WIRE)--Gores Guggenheim, Inc. Gores Guggenheim” or the “Company”) (NASDAQ: GGPI, GGPIU and GGPIW), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Guggenheim Capital, LLC, announced that in a special meeting held today, its stockholders voted to approve the proposals required to complete its combination with Polestar Performance AB and its affiliates (“Polestar”), the global pure play, premium electric perfo

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‘We want to build the healthcare ecosystem of choice’

McKinsey

Over the last three years, the Zur Rose Group has been undergoing a transformation to become a true digital company. Walter Hess, the new CEO of the group, which operates healthcare platforms and online pharma­cies—among them DocMorris—explains in our interview what he has learned along the way. Retail Insights Pharmaceuticals Retail & Consumer Goods

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