Mon.Jul 10, 2023

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Out with Fiduciary Out?

Harvard Corporate Governance

Posted by Adi Libson and Guy Firer (Bar-Ilan University) , on Monday, July 10, 2023 Editor's Note: Adi Libson is an Assistant Professor, at Bar-Ilan University Faculty of Law, and Guy Firer is a Partner at S. Horowitz & Co. and a Ph.D. candidate at Bar-Ilan University. This post is based on their recent article , forthcoming in the Journal of Corporation Law, and is part of the Delaware law series ; links to other posts in the series are available here.

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How AI-Powered Software Can Help You Achieve High-Performance Culture

Rhythm Systems

In today's fast-paced business world, high-performance culture is essential to success. Every organization, regardless of its size or industry, strives towards higher goals and wants to ensure a high-performance culture is prevalent throughout the organization. However, achieving this goal is easier said than done. Companies must focus on personalized learning, individual attention, and real-time feedback to accomplish this objective.

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Amending Charters to Address Universal Proxy, Shareholder Activism and Officer Exculpation

Harvard Corporate Governance

Posted by Maia Gez, Thomas W. Christopher and Danielle Herrick, White & Case LLP, on Monday, July 10, 2023 Editor's Note: Maia Gez and Thomas W. Christopher are Partners and Danielle Herrick is an Attorney at White & Case LLP. This post is based on a White & Case memorandum by Ms. Gez, Mr. Christopher, Ms. Herrick, Jennifer Chu , Colin J.

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What is sales tax?

ThomsonReuters

Jump to: What is sales tax? Sales tax varies by state What is nexus? What is excise tax? What is VAT tax? Sales tax vs. use tax Summary Sales tax, which is a consumption tax levied on the sale of goods and services, is an important source of revenue for governments at the state and local levels. While, in many instances, businesses are required to charge and collect sales tax from consumers, knowing when and how to charge sales tax can get complex.

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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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Why Jupiter Wellness Stock Is Surging Today

Benzinga

Jupiter Wellness Inc (NASDAQ: JUPW ) shares are surging after it entered into an asset purchase agreement with GBB Drink Lab Inc. Under the agreement, all operating assets related to GBB Drink Lab, including the Safety Shot beverage, will belong to Jupiter Wellness. The financial details of the deal were not disclosed. The company noted asset is valued at $53 million by a third-party.

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What is use tax?

ThomsonReuters

Jump to: What is use tax? What is nexus? Sales tax vs. use tax Summary Sales tax and use tax are important sources of revenue for the government but properly calculating, collecting, and reporting these taxes can quickly get complicated. This is especially true as companies grow and increasingly reach consumers outside of their geographic borders.

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Sales tax vs. use tax: the differences

ThomsonReuters

Jump to: What is sales tax? What is use tax? Sales tax vs. use tax Summary Calculating, collecting, and reporting sales tax and use tax can get complicated as a business grows, and it can be easy to confuse these two types of indirect taxes. Changing tax regulations can also make it challenging to keep pace. However, it is important to understand both the differences and similarities to help ensure compliance and visibility into a company’s costs.

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Who Employs Your Doctor? Increasingly, a Private Equity Firm

NYT M&A

A new study finds that private equity firms own more than half of all specialists in certain U.S. markets.

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How payers could unlock value by improving transitions of care

Mckinsey and Company

Using a three-step approach, payers could seek to reduce hospital readmissions, potentially improving patient experience and care outcomes and cutting costs for stakeholders.

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Comment on Foregoing Contingencies! But What About Fiduciary Duty? by don

Appraisers Blog

In reply to Donna Taylor. Appraisers work is based on a client and a contract, not a commission. Appraisers license cites illegal instances and appraisers are either fined or lose their license. RE Agents; Mortgage and RE brokers are in house OR collect a commission. Any sins they commit are subject to their contracts. As an appraiser have you had a client litigating for selling too low or buying for his relative?

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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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Performance edge: Investors hone their strategies for a new era

Mckinsey and Company

Institutional investors are rethinking their strategies across three areas of fundamental importance: purpose, portfolio construction, and proficiency.

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Comment on Foregoing Contingencies! But What About Fiduciary Duty? by don

Appraisers Blog

In reply to Baggins. The WSJ published today of a little bitty town Who wanted to float an instrument obligating the town to build a town silo. A New York appraiser did an H&B report which states the area would not support the issue. Thank God for honest Appraisers. years ago, a client requested an appraisal of 40 houses in an area of 1/2 acre properties.

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Tackling healthcare’s biggest burdens with generative AI

Mckinsey and Company

Disparate sources of unstructured data, which abound in healthcare, are now assets to power generative AI. Here’s how private payers and healthcare systems can use the technology to deliver care.

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Anatomy of a Twitter payout

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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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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Retail reset: A new playbook for retail leaders

Mckinsey and Company

In light of unprecedented industry disruption, a retailer’s actions today could determine whether it spends the next 20 years as a leader or a laggard. Here are four must-dos for retail executives.

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Benchmark International Facilitated The Transaction Between Hole Montes, Inc. And Bowman Consulting Group Ltd.

Benchmark Report

Benchmark International has successfully facilitated a transaction between Florida-based Hole Montes Inc. (Hole Montes) and Virginia-based Bowman Consulting Group Ltd. (Bowman).

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CFO Corner: Amplifon's Gabriele Galli

Global Finance

Gabriele Galli is chief financial officer (CFO) of Amplifon, an Italian hearing-care company that operates in 25 countries. In 2022, the company generated revenue of €2.1 billion and net profit of €183 million, up 8.8% and 4.6%, respectively, from the prior year. Galli has held his current position since March 2017, following nearly 13 years as CFO of motorbike and scooter manufacturer Piaggio.

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Strategic procurement can help combat market uncertainty and control costs

LaPorte

(authored by RSM US LLP) Improving procurement processes can help organizations reduce supply chain risks while increasing value and resilience. The post Strategic procurement can help combat market uncertainty and control costs first appeared on LaPorte.

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Grow as a Government Contractor

Quantive

Although, Government contracting is a lucrative field, the monetary reward at the end of the road needs a lot of preparation and planning. Read on to know where you stand today and are taking the right steps to grow your business.

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TerrAscend Reaches Four Dispensary Cap In Maryland With Closing Of Herbiculture Acquisition

Benzinga

TerrAscend Corp. (OTCQX: TSNDF ) (TSX:TSND) c los ed acquisition of Herbiculture Inc. , a medical dispensary in Maryland. With this transaction, TerrAscend has reached the four dispensary cap in the state. With the recent launch of adult-use sales in Maryland on July 1, 2023, the company believes that Herbiculture is well positioned to achieve substantial sales and profit growth.

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Key Negotiation Points to Consider When Selling a Business

Sun Acquisitions

Selling your business can be quite a challenging decision. However, when the time comes, you must maximize the value of your hard work and get the best deal possible. To achieve this, there are several key negotiation points you will need to consider in the process. This post will explore key negotiation points that will help you navigate the sales process and achieve the best outcome.

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Gold Flora And The Parent Company Complete Merger

Benzinga

Gold Flora Corporation (NEO:GRAM) complet ed the business combination transaction resulting in the combination of TPCO Holding Corp. (OTCQX: GRAMF ), and Gold Flora, LLC , in an all-stock merger. "This is a monumental moment for our newly combined team and the California cannabis industry," stated Laurie Holcomb , CEO of Gold Flora. "We are thrilled to begin this next chapter and unify the best of both companies to establish a true market leader.

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Valuation Multiples for an Accounting Firm

Peak Business Valuation

The accounting industry comprises businesses that provide accounting services to individuals, businesses, and various entities. These services may include auditing, consulting, and account preparation. Without accounting services, businesses would face many challenges. As such, there is a steady demand for the accounting industry. According to IBIS World , there are about 88,000 accounting firms in the United States.

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Panacea Life Sciences To Acquire Natural Health And Wellness Chain Of Retail Locations In Tampa, Florida

Benzinga

Panacea Life Sciences Holdings, Inc. (OTCQB: PLSH ) has entered into agreements to acquire eight retail locations in the Tampa, Florida area, offering Kava, Kratom, VAPE and CBD products and beverages operating as Nitro Kava & Kratom , including inventory, equipment and recipes, distribution facilities and a warehouse located in Largo, Florida, generating $2.9 million of annual revenues (unaudited) for the fiscal year ended December 31, 2022.

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Benchmark International Successfully Facilitated the Transaction Between First Response (First Aid) Ltd and Impact Futures Training Limited

Benchmark Report

Benchmark International is pleased to announce the acquisition of Walsall-based First Response by Slough-based Impact Futures. Family-run approved training provider, First Response, offers a range of first aid, mental health, fire marshal, evac-chair, manual handling, people handling, food hygiene, and eLearning courses to organisations and individuals throughout the UK.

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Houlihan Lokey Acquires 7 Mile Advisors For Undisclosed Sum

Benzinga

Houlihan Lokey, Inc. (NYSE: HLI ) has agreed to acquire 7 Mile Advisors (7MA), an independent advisory. Deal terms not disclosed. 7 Mile Advisors provides investment banking services to clients across the IT services sector. The transaction will enhance Houlihan Lokey's IT services coverage capabilities and expands its geographic footprint. The acquisition will also.

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Can One 50% Shareholder Sue the Other in the Company Name on the Company Dollar? Answer: It Depends

Farrel Fritz

In the menagerie of closely held companies, those owned and controlled by 50/50 business partners pose unique benefits and challenges. On the benefit side, co-equal ownership and control can foster cooperation, consensus, and synergy of complementary expertise by virtue of co-dependency and neither owner having the upper hand. It can also foster deep and abiding personal relationships of trust, mutual respect, tolerance, and friendship that contribute to business success.

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Patterson-UTI Energy Continues M&A Streak, Latest Deal Turns This Analyst Bullish

Benzinga

Patterson-UTI Energy, Inc. (NASDAQ: PTEN ) plans to acquire Ulterra Drilling Technologies in a deal valued at around $800 million. The deal comes less than a month after the $5.4-billion merger with Nextier Oilfield Solutions Inc (NYSE: NEX ). According to RBC Capital Markets, the company’s free cash flow metrics have improved after it announced these two “sizeable” M&A deals.

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FCF Biotech Venture Capital Monitor – USA 05/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 05/2023”. 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 05/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Live Nation Buys Major Stake In Colombian Firm To Boost Presence

Benzinga

Live Nation Entertainment Inc (NYSE: LYV ) bought a majority interest in Páramo Presenta in Colombia for an undisclosed amount. The buyout will boost Live Nation's presence in Latin America and strengthens its global platform. The company executed the deal through OCESA, in which Live Nation acquired a controlling interest in. Full story available on Benzinga.

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Qatar Investment Authority takes 5% stake in Washington Wizards owner

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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Infinity Pharmaceuticals Says Second Proxy Advisory Firm Recommends Shareholders To Approve Proposed Merger

Benzinga

Infinity Pharmaceuticals Inc (NASDAQ: INFI ) announced further design features of its Phase 2 MARIO-8 study in Squamous Cell Cancer of the Head and Neck (SCCHN). The adaptive design of the MARIO-8 study is intended to optimize the dose of the oral drug candidate, eganelisib, in combination with the standard dose of Merck & Co Inc's (NYSE: MRK ) Keytruda (pembrolizumab), in 40-70 patients in Part A of.

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Why winning the D365 Sales & Marketing Partner of the Year was inspiring

Avanade

While we’re incredibly proud to win Microsoft awards, it’s our people and the value they create for clients that’s truly inspiring.

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TPG Agrees To Acquire Forcepoint's Business Unit, Terms Undisclosed

Benzinga

TPG Inc (NASDAQ: TPG ) inked a deal with Forcepoint to buy its Global Governments and Critical Infrastructure (Forcepoint G2CI) business from Francisco Partners for an undisclosed amount. The unit focuses on government and critical infrastructure customers, mainly U.S. government and federal agencies and commercial customers that sell directly to the government.

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