Harvard Corporate Governance

DECEMBER 4, 2023

Posted by Asaf Raz (University of Pennsylvania), on Monday, December 4, 2023 Editor's Note: Asaf Raz is a Research Fellow at the University of Pennsylvania Carey Law School. This post is based on his article , forthcoming in the Columbia Business Law Review , and is part of the Delaware law series. The evolution of corporate law is tied to developments, or often shocks, in the broader social and legal landscape.

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Trout CPA

DECEMBER 4, 2023

At Trout CPA, we take immense pride in recognizing and celebrating the achievements of our dedicated team members. Today, we are thrilled to shine the spotlight on Brady Lausch, who recently earned his Certified Public Accountant (CPA) designation.

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Harvard Corporate Governance

DECEMBER 4, 2023

Posted by Brianna Castro, Aaron Wendt, Maria Vu, Glass, Lewis & Co., on Monday, December 4, 2023 Editor's Note: Courteney Keatinge is Senior Director of Environmental, Social & Governance Research at Glass, Lewis & Co. This post is based on her Glass Lewis memorandum. Guidelines Introduction Summary of Changes for 2024 Glass Lewis evaluates these guidelines on an ongoing basis and formally updates them on an annual basis.

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BV Specialists

DECEMBER 4, 2023

When you decide your company needs to be valued for whatever reason, whether you are seeking additional working capital, taking on new investors, buying out a partner, retiring, or in the middle of a personal or professional dispute, you want the end result to be supportable and reasonable. It’s important to keep in mind that the appraiser you select knows little to nothing about your business until you begin to communicate and share information.

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Business Valuation Appraisal Marketability 94

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

Mckinsey and Company

DECEMBER 4, 2023

Consumer confidence was mixed across the region as geopolitical concerns and price increases weighed on shoppers. Here’s the latest research from our ConsumerWise team.

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Marketability 93

NYT M&A

DECEMBER 4, 2023

Something to consider as JetBlue seeks to buy Spirit.

Mergers & Acquisitions 143

Mergers & Acquisitions 143

Appraisers Blog

DECEMBER 4, 2023

In reply to Michael F. Ford, AGA™. Thanks Mike, I still think there is no one protecting appraisers. I didn’t get a fine or an active suspension, but an inactive suspension and have to take a class. But no monetary fine other than having to pay for classes. I just don’t like how they can justify not having appraisal software. Or having to conform to USPAP.

Appraisal 98

Appraisal 98

Mckinsey and Company

DECEMBER 4, 2023

A chief transformation officer is the high-level orchestrator of a business transformation.

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Norman Marks

DECEMBER 4, 2023

I have been somewhat retired for a few years now. I have my speaking and training engagements, the occasional consulting project, some mentoring of individuals and organizations, and my writing. They keep me reasonably busy along with bridge and yoga.

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Mckinsey and Company

DECEMBER 4, 2023

Equipment recovery, planned maintenance, and parts management can increase semiconductor fabs’ equipment availability and efficiencies.

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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

Auto Dealer Valuation Insights

DECEMBER 4, 2023

Our colleague Brooks Hamner wrote a great post for sister blog RIA Valuation Insights last week, marking the passing of investing legend Charlie Munger. Brooks’ post unearthed some Mungerisms we had not heard before, and we think Mr. Munger’s wisdom is just as relevant inside the family boardroom as it is for professional investment managers.

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Benzinga

DECEMBER 4, 2023

AbbVie Inc (NYSE: ABBV ) is acquiring ImmunoGen, Inc. (NASDAQ: IMGN ) for around $10 billion. The deal, which is expected to close in mid-2024, represents a “great price” for ImmunoGen, at $31.26 per share, according to Piper Sandler. The ImmunoGen Analyst : Joseph Catanzaro downgraded the rating for ImmunoGen from Overweight to Neutral, while raising the price target from $24 to $31.

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Farrel Fritz

DECEMBER 4, 2023

Last month, in Flor v Greenberg Farrow Architectural Inc. , a three-judge panel of the New Jersey Appellate Division handed down an opinion with important lessons for business owners and practitioners in states that have adopted the Revised Uniform LLC Act, such as New Jersey, as well as in states that haven’t, such as New York. The main lesson for those both in RULLCA and non-RULLCA states — one familiar to readers of this blog — is the danger of letting LLC formation and operation get ahead of

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Start-ups Equity Business Enterprise Marketability 59

Benzinga

DECEMBER 4, 2023

Roche Holding AG (OTC: RHHBY ) has agreed to acquire a privately held obesity company Carmot Therapeutics , seeking to challenge the dominance of weight-loss drugs from Novo Nordisk A/S (NYSE: NVO ) and Eli Lilly And Co (NYSE: LLY ). Carmot’s R&D portfolio includes clinical-stage subcutaneous and oral incretins to treat obesity in patients with and without diabetes and several preclinical programs, including: Injected subcutaneously once a week, CT-388 , the lead asset, is a Phase-2 re

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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

Benchmark Report

DECEMBER 4, 2023

Benchmark International has successfully facilitated a transaction between Mount Pleasant, South Carolina-based Lodging Source, LLC, and Washington, DC-based Olifant Legacy.

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Benzinga

DECEMBER 4, 2023

Alaska Air Group Inc (NYSE: ALK ) shares are diving today by over 12% after the company penned an acquisition deal with Hawaiian Holdings Inc (NASDAQ: HA ) worth approximately $1.9 billion, including $0.9 billion of HA's net debt. The transaction value translates to $18.00 per share in cash, reflecting a transaction multiple of 0.7x, around one-third the average of recent airline transactions.

Net Debt 59

Net Debt Equity Marketability 59

Financial Times M&A

DECEMBER 4, 2023

Australian investors fight off second major overseas takeover attempt of a local company in two months

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Benzinga

DECEMBER 4, 2023

BRADFORD, Pa. and FORT LAUDERDALE, Fla., Dec. 04, 2023 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the "Company", "Zefiro", or "ZEFI") , which works to reduce methane emissions by plugging orphaned oil and gas wells across the country, today announced that Plants & Goodwin ("P&G"), a leading Pennsylvania-based orphaned well plugging organization and a subsidiary of the Company, has acquired Appalachian Well Surveys, Inc.

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Financial Times M&A

DECEMBER 4, 2023

Collapse in would-be buyer’s share price suggests the market thinks this deal will stay grounded

Marketability 82

Marketability 82

Peak Business Valuation

DECEMBER 4, 2023

Finding a reliable machinery and equipment appraiser can be a daunting task. The accuracy of the equipment appraisal depends heavily on the experience of the equipment appraiser. To ensure that you choose the right equipment appraiser, it is essential to understand what qualifications and skills to consider. In this article, we will learn about the role of an equipment appraiser and how to find a machinery and equipment appraiser.

Appraisal 52

Appraisal Business Valuation Fair Market Value Start-ups 52

Law 360 M&A

DECEMBER 4, 2023

Manhattan federal prosecutors want a prison sentence between 57 and 71 months for former Lumentum Holdings Inc. Chief Information Security Officer Amit Bhardwaj, who pled guilty in March to claims he passed inside information to a California software engineer who held a senior role at Adobe.

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M&A Leadership Council

DECEMBER 4, 2023

Steven Rosenberg Senior Dir, Global M&A, WTW Steven Rosenberg is a Senior Director within WTW’s M&A Practice and based in New York. He advises global clients on inorganic strategy, mergers, acquisitions, divestitures and joint ventures, across all workstreams of the deal, pre and post transaction execution. Steven is a leader of our Metro NY M&A Roundtable and provides industry insights across the M&A landscape.

Mergers & Acquisitions 52

Mergers & Acquisitions Technology 52

Law 360 M&A

DECEMBER 4, 2023

Alaska Airlines and Hawaiian Airlines' proposal to create a strong regional rival to the nation's so-called Big Four carriers will be another test for the Biden administration's aggressive antitrust enforcers, but experts say it's unclear whether fewer overlapping routes and a promise to keep their distinct brands will smooth over regulatory hurdles.

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Rhythm Systems

DECEMBER 4, 2023

Grundens’ Growth Dilemma As the leader of a growth firm, you have likely seen how a fast-growing company can outpace its people. Our client Grundens, a leader in commercial fishing gear, found themselves in this tough spot. A few years ago, while they were experiencing rapid growth, I checked in with their CEO to see how their people were doing.

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Law 360 M&A

DECEMBER 4, 2023

An investor has hit Kraft-Heinz Co. with a fresh stockholder complaint in Delaware Chancery Court, claiming that the court wrongly tossed a prior action alleging similar $1.2 billion insider-trading claims based on fraudulent statements and incomplete evidence regarding Kraft Heinz's executives' purported financial ties to the majority stockholder accused of insider trading.

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Fox Corporate Finance

DECEMBER 4, 2023

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 10/2023”. 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 10/2023 published appeared first on FCF Fox Corporate Finance GmbH.

Corporate Finance 52

Corporate Finance Finance 52

Law 360 M&A

DECEMBER 4, 2023

Caterpillar is moving for sanctions in its long-running antitrust dispute with International Construction Products, telling a Delaware federal judge that the now-defunct equipment supplier, which is accusing Caterpillar of tortious interference and boycott claims, failed to preserve important documents as employees left and the company shuttered.

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Valutico

DECEMBER 4, 2023

Netflix Inc. Weekly Valuation – Valutico | December 01, 2023 Link to the valuation Inside Netflix Founded in 1997, Netflix, initially a DVD rental service, evolved into a streaming giant by 2007. With over 12,000 employees and 200 million subscribers worldwide, it has significantly influenced global entertainment consumption through its user-friendly platform, accessible on various devices.

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Discounted Cash Flow Start-ups EBIT EBITDA 52

Law 360 M&A

DECEMBER 4, 2023

Disney urged a California federal judge to nix a proposed antitrust class action targeting live-streaming carriage agreements forbidding ESPN's exclusion from cheap bundling packages, arguing tweaks to the subscribers' suit can't save previously nixed damages claims and that the judge should've tossed the entirety of the suit.

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Financial Times M&A

DECEMBER 4, 2023

M&A ‘quarterbacks’ help navigate rules in record-breaking deals

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Law 360 M&A

DECEMBER 4, 2023

A geothermal energy startup said a co-founder can't credibly contend its Colorado federal lawsuit criticizing his work performance is too similar to claims in another case, writing in a brief that the co-founder made the opposite argument in his own lawsuit against the company.

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Financial Times M&A

DECEMBER 4, 2023

Swiss pharmaceutical group is under pressure to strengthen its pipeline of medicines

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Law 360 M&A

DECEMBER 4, 2023

Connecticut-based Jacobs Private Equity II LLC has joined forces with Sequoia Heritage and other investors to pour $1 billion into New Jersey firm SilverSun Technologies Inc., an investment led by Wachtell Lipton Rosen & Katz and Lucosky Brookman LLP.

Equity 52

Equity Technology 52

Financial Times M&A

DECEMBER 4, 2023

Independent board to oversee newspaper as prospective Abu Dhabi-backed bidder awaits outcome for takeover

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