Harvard Corporate Governance

JANUARY 23, 2023

Posted by Peter Gassmann and Will Jackson-Moore, PricewaterhouseCoopers LLP, on Monday, January 23, 2023 Editor's Note: Peter Gassmann is a Global Leader of Strategy and Will Jackson-Moore is a Global ESG Leader at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver to All Stakeholders?

Technology 358

Technology 358

IVSC

JANUARY 23, 2023

Nick Talbot Chief Executive, IVSC ” As the global economy continues to evolve, the demand for high-quality valuations will only increase, making it an exciting time to be a valuer. Those who are able to adapt to the trends and challenges of the profession will be well-positioned to succeed in the years ahead. The valuation profession is constantly evolving, with new trends and developments emerging all the time.

Technology 246

Technology Marketability 246

Harvard Corporate Governance

JANUARY 23, 2023

Posted by Ethan Klingsberg, Freshfields Bruckhaus Deringer LLP, on Monday, January 23, 2023 Editor's Note: Ethan Klingsberg is a Partner at Freshfields Bruckhaus Deringer LLP. This post is based on his Freshfields memorandum. Tension between institutional shareholders and boards about strategic alternatives. We are emerging from several consecutive years where both activist shareholders and boards have been able to regularly count on institutional shareholder support for all-cash sales of compan

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Mckinsey and Company

JANUARY 23, 2023

Just like the world at large, the world of work shifts and changes over time. The future of work refers to an informed perspective on what businesses and other organizations need to know about how work could shift (given digitization and other trends), plus how workforces and workplaces can prepare for those changes, big and small.

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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

Rhythm Systems

JANUARY 23, 2023

Peak performance refers to the highest level of performance that an individual or organization can achieve in a particular task or activity. It is the point at which a person or group is operating at their best, utilizing its full range of abilities and resources to achieve optimal results.

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Appraisers Blog

JANUARY 23, 2023

Some people want to bring more people (primarily of color, which is great) into a dying profession. But the profession is being killed off by (mostly white!) people who think technology is the golden spoon to accurate valuations. Appraisers, I’ve been studying, and writing about since 2006, all kind of issues surrounding our profession, and frankly some currently does not make sense.

Appraisal 98

Appraisal Technology 98

Law 360 M&A

JANUARY 23, 2023

Fourteen former Troutman Pepper attorneys have moved their practices to help Goodwin Procter LLP launch its new Philadelphia office, officially confirming rumors that started swirling around the city last week.

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Benzinga

JANUARY 23, 2023

Lithia Motors Inc (NYSE: LAD ) is reportedly in advanced talks to acquire U.K.-based counterpart Jardine Motors for £300 million. If completed, Jardine Motors will be sold by its parent Jardine Matheson Holdings, a Hong Kong-based conglomerate, reported Full story available on Benzinga.

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Business Wire M&A

JANUARY 23, 2023

PHOENIX--(BUSINESS WIRE)--Concord Wilshire Capital and TLG Investment Partners announced today that the acquisition of the Metrocenter Mall property in Phoenix has closed.

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Avanade

JANUARY 23, 2023

Remote patient monitoring is more used in modern medicine than ever before but without RPM privacy and security controls, patient data may be compromised. Read 3 tips to improve security.

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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

NYT M&A

JANUARY 23, 2023

Consumer advocates, unions and independent grocers are against a deal that would join Kroger and Albertsons, and be lucrative for investors.

Mergers & Acquisitions 96

Mergers & Acquisitions Equity 96

Reynolds Holding

JANUARY 23, 2023

Corporate culture binds employees together and directs their collective behavior at work. It also has an important impact on the success of organizations. Studying the determinants of corporate culture has been difficult, however, because of its unobservable nature. In a recent working paper, we investigate how the fiduciary duty of loyalty affects corporate culture in the U.S by using quantitative measures that Li et al. (2021) have developed with machine learning techniques.

Finance 111

Finance 111

Mckinsey and Company

JANUARY 23, 2023

Facing spiraling costs, looming skills shortages, and the decarbonization imperative, manufacturers of chemicals and agricultural products can’t afford to stand still.

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Business Wire M&A

JANUARY 23, 2023

WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem Inc. (NYSE: XYL), a leading global water technology company (“Xylem”), and Evoqua (NYSE: AQUA), a leader in mission-critical water treatment solutions and services, today announced they have entered into a definitive agreement under which Xylem will acquire Evoqua in an all-stock transaction that reflects an implied enterprise value of approximately $7.5 billion.

Enterprise Value 75

Enterprise Value Technology 75

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

Benzinga

JANUARY 23, 2023

India, Pune, Jan. 23, 2023 (GLOBE NEWSWIRE) -- The global microgrid market was valued USD 7.76 billion in 2021. The global market size is expected to grow from USD 8.74 billion in 2022 and reach USD 23.49 billion by 2029, exhibiting a CAGR of 15.2% during the forecast period from 2022-2029. This information is provided by Fortune Business Insights, in its report, titled, "Microgrid Market, 2022-2029.

Marketability 75

Marketability 75

Law 360 M&A

JANUARY 23, 2023

Aimee Furness and Sam Mallick at Haynes Boone asked ChatGPT to draft a motion to dismiss, and then scrutinized the resulting work product in light of attorneys' ethical and professional responsibility obligations.

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Business Wire M&A

JANUARY 23, 2023

OAKLAND, Calif.--(BUSINESS WIRE)--Babylist, the leading vertical marketplace and commerce destination for baby, announced today that it acquired Expectful, a health and wellness app and media site. Babylist’s established media business provides product recommendations and expert-guided content to over 7.5 million unique visitors each month.

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Law 360 M&A

JANUARY 23, 2023

Standard General's top executive said Monday he's hopeful the Federal Communications Commission will approve the hedge fund's multibillion-dollar deal to take broadcast chain Tegna private after it asked the public to weigh in three times on the plan.

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Business Wire M&A

JANUARY 23, 2023

BELOIT, Wis.--(BUSINESS WIRE)--ABC Supply Co., Inc. has entered into a definitive agreement to acquire the standalone wallboard divisions of US LBM: Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofing Supply. ABC Supply is a leading distributor of exterior building products, and its subsidiary L&W Supply distributes interior building products, used by residential and commercial specialty contractors.

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Financial Times M&A

JANUARY 23, 2023

The investment bank is seeking to grow beyond advising on large-scale mergers and acquisitions

Banking 95

Banking 95

Business Wire M&A

JANUARY 23, 2023

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health, Inc. (NYSE: ELV) and Blue Cross and Blue Shield of Louisiana announced today that the companies have entered into a definitive agreement through which Elevance Health agrees to acquire Blue Cross and Blue Shield of Louisiana (BCBSLA). BCBSLA will join Elevance Health’s affiliated Anthem Blue Cross Blue Shield family of brands.

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Law 360 M&A

JANUARY 23, 2023

Meta Platforms may soon need help forcing third-party companies to comply with its document demands as the Facebook successor defends against Federal Trade Commission monopolization claims, the company indicated in a D.C. federal court filing Friday.

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Business Wire M&A

JANUARY 23, 2023

MIAMI--(BUSINESS WIRE)--Doodles, a leading Web3, media and entertainment brand, today announced that it has agreed on terms to acquire award-winning animation studio, Golden Wolf. The acquisition signals a significant move that strengthens Doodles' resources to evolve the leading Web3 brand into one of the world's most innovative franchises.

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Law 360 M&A

JANUARY 23, 2023

Shareholders pushed for accountability in Delaware's Court of Chancery last week, with new cases that frowned upon sketchy bylaw amendments, raised questions about a pending merger, and waved red flags about alleged payments for child pornography. Here's the weekly wrap-up of news from Chancery Court.

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Financial Times M&A

JANUARY 23, 2023

Delaware decision on legal opinion on Loews buyout of energy pipeline subsidiary Boardwalk sets precedent

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Global Finance

JANUARY 23, 2023

Salesforce joins Microsoft and other tech companies in reducing headcount.

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Financial Times M&A

JANUARY 23, 2023

Deal comes as UK funeral provider warns rising costs will hit profit

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NYT M&A

JANUARY 23, 2023

Mr. Musk testified in a lawsuit filed by investors who claim his 2018 statements about a plan to buy up the carmaker’s stock cost them billions.

Mergers & Acquisitions 69

Mergers & Acquisitions 69

Mckinsey and Company

JANUARY 23, 2023

The pandemic, Ukraine, geopolitical stress, climate change, and macroeconomic uncertainty: These are turbulent times. No wonder business leaders and policymakers are re-examining everything from their supply chains to their trading patterns. The overarching question, as we see it, is what this means for globalization, write Bob Sternfels and Olivia White in Fortune.

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Business Wire M&A

JANUARY 23, 2023

LOUISVILLE, Ky.--(BUSINESS WIRE)--CMTA, a Legence company, announced today its merger with KLOK Group from Golden, Colorado after its acquisition by CMTA’s parent company, Legence.

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Audit Board

JANUARY 23, 2023

Keeping up with ESG can be a daunting task. It’s a fast-moving topic with information coming at us from all directions. This can leave us wondering whether we are focusing on the right things to stay informed and prepared. There remains a proliferation of standards and frameworks without cast-iron agreement on definitions. There are unregulated ESG rating agencies making assessments using different criteria and all this is taking place within an evolving regulatory framework.

Start-ups 52

Start-ups Compliance Banking 52

Law 360 M&A

JANUARY 23, 2023

Capricorn Energy said on Tuesday that its chief executive and chair have stepped down from the board after a rebellion by an activist investor over the U.K. company's proposed $338 million merger with NewMed Energy, an Israeli natural gas exploration business.

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Redpath

JANUARY 23, 2023

Tough times don’t last, but tough companies do. What strategies are you employing to ensure your company succeeds amid turbulent economic times? During the recent construction CFO panel at the AICPA & CIMA Construction & Real Estate Conference , top construction CFOs weighed in on what they are doing now to help ensure they are prepared to face whatever economic uncertainties lie ahead.

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Law 360 M&A

JANUARY 23, 2023

An investor in biopharmaceutical company CinCor Pharma Inc. has alleged there were misrepresentations in a document that detailed a proposed acquisition of CinCor worth up to $1.8 billion by European pharmaceutical company AstraZeneca PLC.

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