Fri.Aug 18, 2023

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Unveiling the Business Risk: Why Board and Executive Engagement in DE&I Matters

Harvard Corporate Governance

Posted by Anna Natapova (Semler Brossy LLC), Cynthia Soledad (Egon Zehnder), and Chuck Gray (Egon Zehnder), on Friday, August 18, 2023 Editor's Note: Anna Natapova is Principal at Semler Brossy LLC, Cynthia Soledad is Coleader of the Global Diversity, Equity & Inclusion Practice, and Chuck Gray is Coleader of the US CEO and Board Practice at Egon Zehnder.

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UK startup essentials: how to register for tax

Vested

Welcome to UK startup essentials, where we focus on the key tasks and tedious admin that (like it or not) you need to take care of when launching a new business.

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State and Local Tax Issues Businesses Should Consider

Machen McChesney

State and local tax issues are a big part of a company's tax liability. In fact, they are so impactful that a lot of companies actively decide to relocate to states that are regarded as low-tax states by the Tax Foundation, such as Florida, Nevada, and North Carolina.

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How back-end automation can be game changing for chipmakers

Mckinsey and Company

When automating back-end processes, semiconductor companies can maximize impact by optimizing operating systems, management levers, mindsets, and behaviors.

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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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Comment on UAD Composite Property Data Info Released to the Public by Baggins

Appraisers Blog

In reply to don. Who is easier to take advantage of? A well financially educated borrower, or one whom has less financial education? As far as downward market value effects go, sorry, most instances of default which would otherwise be visible and deflate this housing bubble, are channeled via gse’s as first purchase opportunities to investment entities, thereby artificially propping up market values as well as rental values as the same time. aka; holding first purchase opportunities which

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4 Business-Building Strategies For Introvert Attorneys

Law 360 M&A

Introverted lawyers can build client bases to rival their extroverted peers’ by adapting time-tested strategies for business development that can work for any personality — such as claiming a niche, networking for maximum impact, drawing on existing contacts and more, says Ronald Levine at Herrick Feinstein.

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Private equity lawyers are taught to eat what they kill

Financial Times M&A

Law firms are fracturing partnerships by raiding each other for talent in London and New York

Equity 85
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How to Value a Courier and Local Delivery Company

Peak Business Valuation

The courier and local delivery industry has experienced significant growth due to mounting demand for eCommerce and online retailing. According to IBIS World , this industry generated over $151 billion over the past several years. Moving forward, demand for courier and local delivery services will remain steady. This is ideal if you are looking to buy , grow , or sell a courier and local delivery company.

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EQT/Suse: buyout group pulls IPO flop off the market on the cheap

Financial Times M&A

Software group’s underperformance warrants the low price but new chief hopes to turn business round

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Medical Properties Trust Divests $105M Of Its Interest In Steward's Credit Facility

Benzinga

Medical Properties Trust Inc (NYSE: MPW ) has sold $105 million of its interest in Steward Health Care System's new syndicated asset-backed credit facility. The stake was sold to a global asset manager with more than $100 billion in assets under management. "MPT's participation enabled Steward to close on this. Full story available on Benzinga.

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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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SPACs Seek Overseas Targets As Domestic Options Shrink

Law 360 M&A

More U.S. special-purpose acquisition companies are seeking overseas merger targets, accelerating a trend that has been underway for months as acquirers face the challenges of looming deadlines and a dwindling supply of domestic options.

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Novartis' Generic Business Spinoff: Plans Sandoz Spin-Off In Early October, Proposes Share Distribution

Benzinga

Novartis AG (NYSE: NVS ) said the planned spin-off of its Sandoz unit is expected to occur on October 4 , ending an era for the Swiss pharmaceutical giant in which generic and prescription drugs businesses coexisted. In October 2021, Novartis commenced a strategic review exploring all options. In August last year, the company laid out its plans to spin off Sandoz into a new publicly traded standalone company.

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Compliance Co. Brass Ink $10M Investor Deal Over Buybacks

Law 360 M&A

Investors suing the heads of a corporate ethics and compliance consultancy over an allegedly misleading stock buyback program have asked a Delaware Chancery judge to approve a $10 million settlement, saying the deal was reached during contested summary judgment and class certification proceedings and "on the brink of trial.

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Family Office Invests $35M In New England Cannabis Venture: What To Know About Big Plan Holdings And Silver Therapeutics

Benzinga

Big Plan Holdings (BPH), a Nashville-based family holding company, is set to amplify its presence in the cannabis industry through a strategic partnership with New England cannabis cultivation and dispensary business Silver Therapeutics. The synergy between the two firms involves BPH supervising the purchase of cannabis commercial real estate in New England.

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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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Rhythm Case Studies - Think Plan Do® Methodology in Action

Rhythm Systems

In our two decades of observing patterns of success and failure in companies across various industries, I've noticed a stark reality. Fewer than 4% of businesses in the US ever surpass $10 million in revenue, and approximately 17,000 see more than $50 million. It's a select category of companies that continue growing with double-digit growth, causing their companies to double every three to five years.

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Regency Centers Closes Urstadt Biddle Properties Buyout, Combined Enterprise Value At $16B

Benzinga

Regency Centers Corp (NASDAQ: REG ) disclosed the completion of the acquisition of Urstadt Biddle Properties Inc. In May, the company announced an all-stock transaction for around $1.4 billion. The combined company will have a pro forma equity market capitalization of. Full story available on Benzinga.

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Tommy Freel Named New Shareholder

LaPorte

Thomas (Tommy) E. Freel, CPA, has been promoted to shareholder with LaPorte CPAs & Business Advisors. He is a Director of Tax Services, Co-Leader of… The post Tommy Freel Named New Shareholder first appeared on LaPorte.

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What's Going On With Bloomin' Brands Stock Today?

Benzinga

Bloomin' Brands Inc (NASDAQ: BLMN ) shares are trading higher after an activist investor disclosed its interest in the restaurant company. According to a regulatory filing , Starboard Value owns 9.9% of Bloomin's shares. Wall Street Journal was the first to report that Starboard has built a stake of more than 5% in Bloomin' Brands, making it one of.

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Driving Value: Key Components of an Auto Dealership Valuation

Auto Dealer Valuation Insights

As a lifelong, avid sports fan, I always enjoy watching the replays of several classic, iconic games from my childhood and teenage years: the 1986 World Series Game (aka the “Bill Buckner game”), the 1992 Elite 8 matchup between Kentucky and Duke (aka the “Laettner Shot”), and the 1992 NLCS Game 7 between my beloved Atlanta Braves and the Pittsburgh Pirates (aka the “Sid Bream Slide game”).

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Qualcomm-Autotalks Deal Under EU Scrutiny Over V2X Chips

Benzinga

In a twist to international business proceedings, the European Commission has now mandated the U.S-based Qualcomm Inc (NASDAQ: QCOM ) to secure EU antitrust consent before concluding its acquisition of Israeli firm , Autotalks. This decision comes despite the transaction amount not surpassing the European Union's monetary benchmark for mandatory regulatory review.

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Themes from Q2 2023 Earnings Calls

Auto Dealer Valuation Insights

In Part 1: Upstream themes from Q1 2023 Earnings Calls, notable themes included a divide on whether dividends or buybacks are the best means to return capital to shareholders and management’s reactions to a decline in strip prices, as well as highlighting inventory in the favorable Permian and Eagle Ford plays. This week we focus on the key takeaways from Upstream Q2 2023 earnings calls.

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Canadian Weed Giant Wraps Up Acquisition Of Molson Coors-Backed Cannabis Beverage Producer

Benzinga

Tilray Brands, Inc. (NASDAQ: TLRY ) (TSX: TLRY) has acquired the remaining 57.5% equity ownership of Truss Beverage Co. from beverage company Molson Coors Canada (NYSE: TAP ). Truss Beverage is a joint venture between Molson Coors and HEXO Corp affiliates, which Tilray acquired in June, solidifying its position as Canada's top cannabis company with a 44% market share boost.

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Succession Planning: RIAs Have Options

Auto Dealer Valuation Insights

Succession planning has been an area of increasing focus in the RIA industry, particularly given what many are calling a looming succession crisis. The industry’s demographics suggest that increased attention to succession planning is well warranted: a majority of RIAs are still led by their founders, and only about a quarter of them have non-founding shareholders.

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Developing your Niche: Targeting Business Owners

Biz Equity

You’ve probably heard the saying “a small fish in a big pond” – which definitely applies to financial advisors today. There are hundreds of thousands of financial professionals and planning firms—not to mention the recent rise in DIY investment tools like roboadvisors.

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Attorney Explains Legal/Legislative Landscape Surrounding Classifying Student-Athletes As Employees

ThomsonReuters

A legal expert in multiple practice areas that includes wage and hour litigation recently talked with Checkpoint Payroll Update regarding the legal battles and pending federal legislation surrounding student-athletes and whether they may be classified as employees under the Fair Labor Standards Act (FLSA) in the future. Economic reality test The U.S.

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Benchmark International Successfully Facilitated the Transaction Between PDS Drainage Solutions and Thermatic Technical FM

Benchmark Report

Benchmark International is delighted to announce the acquisition of Deeside-based drainage services business, PDS, by Salford-based Thermatic. Established in 2009, PDS offers drainage and wastewater services including CCTV surveys, HPW cleaning, lining, and repairs around the North Wales, Cheshire, Wirral, and North West areas. Thermatic provides mechanical and electrical maintenance services to building owners and managers throughout the UK and Ireland.

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Accelerating industry innovation with Dynamics 365 and ISV solutions

Avanade

David Morgan shares his thoughts on how industry differentiation comes to life through partnerships between global systems integrators and independent software vendors.

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Benchmark International Successfully Facilitated The Acquisition Of Enth Degree By Q Link

Benchmark Report

Enth Degree facilitates the implementation and management of network connectivity from financial institutions and organizations to the global financial messaging network.

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How to Value a Financial Advisory: Unveiling the Essence of Assessment

Equilest

For an in-depth understanding ofHow to Value a Financial Advisory and make informed decisions in buying, selling, or assessing its worth, delve into our comprehensive guide filled with expert insights and practical tips. Introduction In today's intricate financial landscape, seeking professional advice for managing your finances has become increasingly common.

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Building A Contracting Business To Sell

Benchmark Report

Within the last decade or so, consolidation has become the name of the game within many of the sectors in the construction and contracting industries.

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Tilray Brands Announces Acquisition of Truss Beverage Co.™

Benzinga

Acquisition Positions Tilray as Leader in Adult-Use Cannabis Beverages in Canada, with a Combined Pro-Forma Market Share of ~36% 1 LEAMINGTON, Ontario, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ("Tilray Brands", "Tilray" or the "Company") ((Nasdaq, TSX: TLRY ), a leading global cannabis-lifestyle and consumer packaged goods company, today announced the acquisition of the remaining 57.5% equity ownership of Truss Beverage Co.

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Fee Request For Malpractice Suit 'Stunning,' Pharma Biz Says

Law 360 M&A

Pharma giant Lupin is asking the Delaware Chancery Court to reject a bid by managers of a company it bought in 2017 to be reimbursed roughly $275,000 in legal fees for proceedings in a $108 million malpractice suit against Cooley LLP in New Jersey, calling the request "stunning.

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Chart Industries completes the sale of its Roots™ business to Ingersoll Rand

Benzinga

ATLANTA, Ga., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS ) ("Chart") announced that today it has closed its sale of the Roots™ business ("Roots") to Ingersoll Rand Inc. (NYSE: IR ) ("Ingersoll Rand") for an all-cash purchase price of $300 million, representing an attractive low-teens adjusted EBITDA multiple. The proceeds from the sale are being used for debt paydown.

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Sen. Urges US Steel To Reject Any Foreign Takeover Bids

Law 360 M&A

Ohio Sen. J.D. Vance implored U.S. Steel Corp. to reject any potential takeover offer from a foreign entity as a bidding war for the company mounts, saying the domestic steel industry is vital in the U.S. and a strategic review of alternatives "could undermine our national security if mismanaged.

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