Harvard Corporate Governance

DECEMBER 19, 2022

Posted by Lisa M. Fairfax (University of Pennsylvania), on Monday, December 19, 2022 Editor's Note: Lisa M. Fairfax is a Presidential Professor at the University of Pennsylvania Carey School of Law. This post is based on her recent article forthcoming in the Texas Law Review. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders?

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199

Benzinga

DECEMBER 19, 2022

L3Harris Technologies Inc (NYSE: LHX ) has agreed to acquire Aerojet Rocketdyne Holdings Inc (NYSE: AJRD ) for $58 per share in an all-cash transaction valued at $4.7 billion, including debt. The per-share value represents a premium of 6% from AJRD's closing price of $54.89 on Dec. 16, 2022. The deal. Full story available on Benzinga.com.

Technology 98

Technology 98

Harvard Corporate Governance

DECEMBER 19, 2022

Posted by Cydney S. Posner, Cooley LLP, on Monday, December 19, 2022 Editor's Note: Cydney S. Posner is special counsel at Cooley LLP. This post is based on her Cooley memorandum. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here ) by Alma Cohen, Moshe Hazan, and David Weiss ; Will Nasdaq’s Diversity Rules Harm Investors?

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189

Law 360 M&A

DECEMBER 19, 2022

Delaware courts started getting ready for the holidays this week, gifting one of their top justices to the Third Circuit, putting a bow on a multimillion-dollar fee award, and wrapping up a cognac dispute for an arbitrator. Hope you enjoy the last wrap-up this year of last week's news from Delaware's Chancery Court.

Start-ups 98

Start-ups 98

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

Benzinga

DECEMBER 19, 2022

Avant Brands Inc. (TSX:AVNT)(OTCQX: AVTBF )(FRA:1BU0) and its wholly-owned subsidiary GreenTec Holdings Ltd. , have entered into a binding share purchase agreement with F-20 Developments Corp. to acquire the remaining 50% equity stake in 3PL Ventures Inc. Pursuant to the terms of the agreement, the purchase price payable is equal to $15 million which will be satisfied by the following: $1.5 million cash payable upon the closing; $9.5 million payable by way of a convertible promissory note; $3 mi

Equity 98

Equity Marketability 98

Farrel Fritz

DECEMBER 19, 2022

If there’s anything more contentious than a business divorce between co-owners of closely held firms, it’s a business divorce between a couple also going through or following a marital divorce. Case in point: the litigation in New York Supreme Court between William P. Stewart, the founding owner of an asset management firm, and his former wife Barbara Stewart, who have been embroiled for many years in lawsuits in Surrogate’s Court over control of family trusts beginning in 2005 and who finalized

Start-ups 98

Start-ups Appraisal 98

Benzinga

DECEMBER 19, 2022

Medicine Man Technologies operating as Schwazze, (OTCQX: SHWZ ) (NEO:SHWZ) , a vertically integrated, multi-state operating cannabis company with assets in Colorado and New Mexico, reache d company milestone of 40 dispensaries across both states. On December 15 th , Schwazze closed the transaction to acquire certain assets of Lightshade Labs LLC. The transaction included the adult use Lightshade dispensaries located at 503 Havana St. in Aurora, as well as 2215 E.

Technology 97

Technology Marketability 97

Mckinsey and Company

DECEMBER 19, 2022

In an uncertain economy, executives’ first instinct might be to cut costs and shore up established holdings. A better way is to build new businesses.

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Financial Times M&A

DECEMBER 19, 2022

US group’s purchase of missile engine maker fits with its goal of becoming alternative to Big Five defence contractors

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BV Specialists

DECEMBER 19, 2022

Each company within every industry has certain key factors that determine and drive the success of the operation. It is therefore important to take a deep dive into yours and understand exactly what those variables are so you can continue to maximize the positive impact these have on revenues, costs of goods sold and operating expenses. What parts of your business are making the biggest difference to your bottom line?

Appraisal 77

Appraisal Marketability Business Valuation 77

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

Mckinsey and Company

DECEMBER 19, 2022

Westpac Group’s chief technology officer, David Walker, discusses how to lead through change to transform a legacy institution into a modern, full-service bank.

Finance 80

Finance Banking Technology Corporate Finance 80

Financial Times M&A

DECEMBER 19, 2022

Plus, George Osborne’s pivot to the City pays off and why regulators could go easy on L3Harris’ deal with Aerojet

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Benzinga

DECEMBER 19, 2022

Chicago, Dec. 19, 2022 (GLOBE NEWSWIRE) -- The global Activated Carbon Fiber Market is estimated to be USD 232 million in 2022 and is projected to reach USD 350 million by 2027, at a CAGR of 8.5% between 2022 and 2027 as per the recent study by MarketsandMarkets™ Factors such as high demand for extended performance and reduced maintenance, growing demand from pollution control and water treatment applications, and increasing need for efficient processes are expected to drive the markets g

Marketability 75

Marketability Technology 75

Rhythm Systems

DECEMBER 19, 2022

According to Gallup , only about half of workers in companies worldwide “strongly agree that they know what is expected of them at work.” If they don’t know what’s expected, how can they possibly achieve performance goals? If you are a manager, you need to help your team set and achieve goals, and you need to help each person on the team understand exactly what’s expected from him or her.

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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

Law 360 M&A

DECEMBER 19, 2022

Meta Platforms' Chief Technology Officer Andrew "Boz" Bosworth took the stand Monday in a high-stakes hearing on the Federal Trade Commission's challenge to Meta's acquisition of Within Unlimited, testifying the deal was driven partly by the company's "fear" that Apple would buy the virtual reality fitness app maker and "make it exclusive.

Technology 74

Technology 74

Mckinsey and Company

DECEMBER 19, 2022

The metaverse is morphing—and investments in the space are growing. Are you making the right moves?

Marketability 96

Marketability 96

Financial Times M&A

DECEMBER 19, 2022

Eagle Football Holdings now owns about 78 per cent of French club’s shares

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97

Mckinsey and Company

DECEMBER 19, 2022

The McKinsey Platform for Climate Technologies Indonesia aims to help end carbon dependency in Southeast Asia’s largest economy.

Technology 72

Technology 72

Norman Marks

DECEMBER 19, 2022

Last week, I was in a duel with Richard Chambers on the topic of internal audit opinions. Neither of us had much time to express our views, so I am taking the opportunity of today’s post to share some insights that might be useful. Last month, I ran a survey that asked internal auditors “How […].

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Valutico

DECEMBER 19, 2022

Aneuser-Busch InBev SA/NV. Weekly Valuation – Valutico | 12 December 2022. Link to the detailed valuation. About Aneuser-Busch InBev. Anheuser-Busch InBev, a Belgium-based beer brewing and distribution giant operating in the global market, has an impressive portfolio of over 500 beer brands including Budweiser, Becks, Stella Artois and Corona.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Benzinga

DECEMBER 19, 2022

Voyager Digital’s native token (CRYPTO: VGX ) is up 23% in the last 24 hours after Binance.US made a deal to buy the assets of the insolvent crypto lender for $1.02 billion. What Happened : At the time of writing, VGX was trading at $0.35, with a market cap of $104 million. Apex crypto Bitcoin (CRYPTO: BTC ) was trading at $16,608 up 0.19%. Ethereum (CRYPTO: ETH ) was trading at $1,193, up 0.72% in the.

Marketability 52

Marketability 52

Truelytics

DECEMBER 19, 2022

The trend of expanding the services that financial advisors provide to their clients continues to pick up steam. In this episode of The Modern Financial Advisor Podcast, returning guests Brian Nuttall and Rick Wilkens of Elevate CPA Group share a new solution for Tax Preparation As A Service for RIAs and independent financials to offer their clients.

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52

Trout CPA

DECEMBER 19, 2022

On December 2, the IRS released an updated draft of the 2022 Partnership Instructions for Schedules K- 2 and K-3 (Form 1065) that, among other changes, revised a new exception to filing and furnishing to partners Schedules K-2 and K-3 for 2022. The new exception was originally included in an earlier draft of the 2022 instructions released in October.

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Auto Dealer Valuation Insights

DECEMBER 19, 2022

Back in the day when not all sporting events were shown on TV, reading the box score in the newspaper the next day was sometimes the only way to know the story of the game. A box score is a structured summary of results from a competition. The box score lists the game score as well as individual and team achievements. Here’s an example of a baseball box score—a savvy baseball fan might remember.

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52

Law 360 M&A

DECEMBER 19, 2022

Logistics and freight forwarding company Unique Logistics International said Monday that it will go public through a merger with special purpose acquisition company Edify Acquisition Corp., in a deal aimed at expanding Unique Logistics' capabilities both in the U.S. and across the globe.

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Auto Dealer Valuation Insights

DECEMBER 19, 2022

‘Twas the Night before Christmas, when all through the lot No vehicle was stirring, no customer ‘Bot All service lanes and lifts were empty and bare In hopes that the technicians soon would be there. Our analysts report yet another great year Despite a war in Ukraine and other big fears Record profits and operations in fixed Here we go again with allocations nixed.

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Law 360 M&A

DECEMBER 19, 2022

Merck & Co. Inc. "absolutely and irrevocably" promised to retain Dr. Scholl's consumer talc liability claims when it sold the foot powder brand to Bayer AG in 2014, the German pharmaceutical maker said Monday, urging Delaware's Chancery Court to reject Merck's claims that the liabilities transferred to Bayer after seven years.

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52

Valutico

DECEMBER 19, 2022

Aneuser-Busch InBev SA/NV. Weekly Valuation – Valutico | 12 December 2022. Link to the detailed valuation. About Aneuser-Busch InBev. Anheuser-Busch InBev, a Belgium-based beer brewing and distribution giant operating in the global market, has an impressive portfolio of over 500 beer brands including Budweiser, Becks, Stella Artois and Corona.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Benzinga

DECEMBER 19, 2022

Pune, India, Dec. 19, 2022 (GLOBE NEWSWIRE) -- The talent management software market size was valued at USD 7.09 billion in 2021. The market is anticipated to expand from USD 7.93 billion in 2022 to USD 17.66 billion by 2029 at a 12.1% CAGR during the forecast period. Fortune Business Insights™ has elucidated these insights in its latest research report, titled, "Talent Management Software Market Forecast, 2022-2029.".

Marketability 52

Marketability Technology 52

Benchmark Report

DECEMBER 19, 2022

One of our Managing Partners at Benchmark International drafted an exclusive publication detailing many of the attributes that are unique to strategic buyers and how those attributes can impact business owners in the sale of their business.

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Benzinga

DECEMBER 19, 2022

Pune, India, Dec. 19, 2022 (GLOBE NEWSWIRE) -- The global dental market size was valued at USD 36.32 billion in 2021. The market is expected to grow from USD 38.84 billion in 2022 to USD 63.93 billion by 2029, exhibiting a CAGR of 7.4% during the forecast period. Rising awareness regarding periodontics and endodontics treatment and increasing invisible orthodontics trends is expected to fuel market growth.

Marketability 52

Marketability 52

Benchmark Report

DECEMBER 19, 2022

Benchmark International has successfully facilitated a transaction between Hialeah, Florida-based D.T. Woodcrafters Corp (“Woodcrafters”) and Hollywood Woodwork, Inc. (“Hollywood”), headquartered in Hollywood, Florida. Woodcrafters creates custom woodwork for a high-end customer base that includes banks, offices, restaurants, hotels, and homes. For over 25 years, the team’s craftsmanship has allowed it to distinguish itself in South Florida.

Banking 52

Banking Marketability 52

Benzinga

DECEMBER 19, 2022

Pearson, Plc (NYSE: PSO ) has signed an agreement with SHL Group to acquire Personnel Decisions Research Institutes LLC (PDRI). The consideration for PDRI represents an enterprise value of $190 million. PDRI provides workforce assessment services with a client base that includes the U.S. federal. Full story available on Benzinga.com.

Enterprise Value 52

Enterprise Value 52

Financial Times M&A

DECEMBER 19, 2022

Wall St bankers pivot as Chinese companies turn to local advisers and Covid restrictions weigh on demand

Banking 75

Banking 75