Mon.Jul 18, 2022

article thumbnail

Twitter vs. Musk: Musk’s Opposition to Expedited Proceedings

Harvard Corporate Governance

Posted by Anna Restuccia (Harvard Law School), on Monday, July 18, 2022 Editor's Note: This post provides the text of the response filed July 15, 2022, by Elon Musk to the Twitter complaint (discussed on the Forum here ). This post is part of the Delaware law series ; links to other posts in the series are available here. IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE.

247
247
article thumbnail

FHA Extends Appraisal Validity Period

Appraisers Blog

On July 12, 2022, the FHA announced that it is extending the initial appraisal validity period from 120 days to 180 days and the appraisal update validity period from 240 days to one year. This applies to case numbers assigned on or after June 1, 2022. This just seems like a bad idea at a time where many markets are seeing price declines. FHA INFO 2022-71 — July 12, 2022 In this Announcement: FHA Implements Revised Appraisal Validity Period Guidance Appraisal Logging Changes in FHA Connection Se

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Stock Market Short-Termism: What the Empirical Evidence Tells Policymakers

Harvard Corporate Governance

Posted by Mark J. Roe (Harvard Law School), on Monday, July 18, 2022 Editor's Note: Mark J. Roe is David Berg Professor of Business Law at Harvard Law School. This post is based on his recent paper , forthcoming in the Journal of Law, Finance, and Accounting , and also draws from his recent book, Missing the Target: Why Stock Market Short-Termism Is Not the Problem (Oxford University Press, 2022).

article thumbnail

When to Do Strategic and Annual Planning vs. Budgeting?

Rhythm Systems

Most companies do budgeting first and then strategy and annual planning. Think about this. If you have created a budget, you have inadvertently limited the freedom to think about what is possible. You are giving your team a financial view BEFORE you discuss what are the top priorities to focus on.

98
article thumbnail

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.

article thumbnail

UK To Take Second Look At Facebook-Giphy Merger

Law 360 M&A

Britain's antitrust watchdog said Monday that it will reconsider whether Meta's $315 million acquisition of Giphy damages competition in the U.K. after a tribunal decision on the move by Facebook parent company.

98
article thumbnail

GSK Completes Spin Off Of Its Consumer Healthcare Business

Benzinga

GSK plc (NYSE: GSK ) has completed the demerger of the Consumer Healthcare business to form the Haleon Group. Reuters reported that shares in Haleon started trading at 330 pence on Monday morning, giving the business a market valuation of around £30.5 billion ($36.4 billion). The company's debut price was in line with market expectations, according to two bankers involved.

More Trending

article thumbnail

Hong Kong's Swire Pacific Acquires Coca-Cola Bottling Operations In Vietnam & Cambodia

Benzinga

Hong Kong-based business conglomerate Swire Pacific Ltd said its wholly owned subsidiary, Swire Coca-Cola Limited, is planning to acquire the packaging and distribution operations of Coca-Cola Co (NYSE: KO ) in Vietnam and Cambodia. The company will acquire Coca-Cola Indochina Full story available on Benzinga.com.

97
article thumbnail

Unlocking opportunities from industrial electrification

Mckinsey and Company

Electrification brings major value creation opportunities for industrial companies across the value chain—from integrators to raw-material suppliers—but also requires timely actions and investments.

86
article thumbnail

How to value your startup for a friends & family round

Equidam

When we raised our first round of capital for Equidam, about a decade ago, we didn’t know much of what we now know about fundraising. We were lucky to have some incredible mentors, but the resources available to young entrepreneurs, especially in the Netherlands (or anywhere outside the US, really), were minimal. Plenty has changed since then.

article thumbnail

Racial and ethnic equity in US higher education

Mckinsey and Company

Institutions have the potential to use their roles in teaching and learning, research scholarship and creative expression, and service to the community to collectively work toward greater equity.

Equity 88
article thumbnail

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

article thumbnail

Small Business Goals: Easy-to-Manage Online Presence Across Platforms

BV Specialists

One of the biggest challenges for many small business owners is effective marketing which ultimately drives sales volume. Whether you’re a local company that tends to rely on word-of-mouth referrals or a nationwide operation looking to grow, one of the most effective tools available to you is your online presence. There was a time when folks used to look in the newspaper or phonebook to locate what they were looking for.

article thumbnail

The rise of the chief medical officer in consumer-facing companies

Mckinsey and Company

This role expanded during the pandemic to encompass many facets of health and well-being. Now companies must clearly define its responsibilities to support business strategy.

82
article thumbnail

Catching Up With Delaware's Chancery Court

Law 360 M&A

The news dominating Delaware's Chancery Court last week was Twitter Inc.'s newly filed suit against Tesla Inc. CEO Elon Musk for attempting to escape his $44 billion offer to buy the social media giant, bringing the Chancellor Kathaleen St. J. McCormick, who will adjudicate the case, into the national spotlight.

75
article thumbnail

What is supply chain?

Mckinsey and Company

The supply chain is the interconnected journey that raw materials, components, and goods take before their assembly and sale to customers.

83
article thumbnail

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.

article thumbnail

Twitter Says Musk Deliberately Stalling Trial Over $44B Deal

Law 360 M&A

Twitter blasted Elon Musk's opposition to an expedited trial, which seeks to force the tech mogul to complete his $44 billion agreement to buy the social media giant, as "calculated to complicate and obfuscate" on Monday, as the judge informed parties he has COVID-19 and will need to conduct their first hearing remotely.

75
article thumbnail

Could the Crypto Downturn Lead to a Spike in M&A?

National Law Review M&A

Louis Lehot Jurisdiction: All Federal Type of Law: Communications, Media & Internet Financial Institutions & Banking Mergers & Acquisitions

Banking 75
article thumbnail

Keys To Crafting Hybrid Work Policies At Law Firms

Law 360 M&A

As law firms embrace hybrid work as a middle ground in a post-pandemic world, work arrangement policies that are built on a foundation of trust and that prioritize lawyers' autonomy over their schedules will give firms an edge in the war for talent, says Alyson Galusha at VOYlegal.

75
article thumbnail

Bars and Restaurants Are Making the Move to a Manufacturing and Distribution Model

Gross Mendelsohn

While nearly every industry was impacted by the COVID pandemic, one could argue that no sector took a beating like the hospitality industry. Government shutdowns and consumer hesitancy plagued bars and restaurants. Even in the post-pandemic recovery phase, many hospitality business owners are still struggling to stay afloat due to labor shortages and continued consumer hesitancy.

65
article thumbnail

Pimco buys €1bn of Apollo buyout loans from banks

Financial Times M&A

Barclays and BofA take losses in shifting debt backing the takeover of Worldline’s terminals business

Banking 91
article thumbnail

Gentle Ways to Persuade Clients to Heed Your Words

Accounting Web

Clients Gentle Ways to Persuade Clients to Heed Your Words.

102
102
article thumbnail

What Are NFTs and Why Are They So Controversial?

Reynolds Holding

Nonfungible token (NFT or Token) was the word of the year in 2021, as NFT sales exceeded $4 billion in monthly trading volume in January 2022 after generating more than $23 billion in sales in 2021. Celebrities including musicians Eminem and Grimes and artists Beeple and Banksy have minted and sold NFTs, and sports leagues like the NBA and NFL have set up NFT marketplaces.

article thumbnail

ANZ/Suncorp: mortgage expansion bet comes at market peak  

Financial Times M&A

The timing of the deal is risky just as Australia’s central bank begins to raise rates

Banking 89
article thumbnail

France To Finish EDF Takeover With €9.7B Shares Purchase

Law 360 M&A

The French government said on Tuesday that it plans to buy the shares and convertible bonds it does not already own in EDF for €9.7 billion ($9.9 billion) in cash so that it can nationalize the utility giant amid an energy crisis.

52
article thumbnail

Euromoney accepts £1.7bn private equity offer

Financial Times M&A

Astorg and Epiris have made multiple bids for financial publishing and data group

Equity 87
article thumbnail

Meet The Team

Auto Dealer Valuation Insights

In each “Meet the Team” segment, we highlight a different professional on our Auto Dealer Industry team. This week we highlight David Harkins, Senior Financial Analyst. David Harkins, CFA, ABV began his valuation career at Mercer Capital as an intern in the summer of 2016. After finishing his degree at Sewanee in 2017, David joined Mercer Capital as a financial analyst in the Memphis office.

52
article thumbnail

LV’s Mark Hartigan quits seven months after failed Bain deal

Financial Times M&A

Chief executive had also been under pressure over £511,000 bonus

94
article thumbnail

Only 2% of Small Businesses Know This Key Fact

Auto Dealer Valuation Insights

Do you know how much cash is on your family business balance sheet? How about receivable health and your debt position? Reading this blog, you likely answered “yes” to these questions. Do you also know how much your family business is worth? If you answered “Yes,” you are in a select company as 98% of small businesses polled by M&T Bank over the past two years didn’t know the value of their.

Banking 52
article thumbnail

Mayer Brown Adds Former Orrick Emerging Cos. Atty In Calif.

Law 360 M&A

Mayer Brown LLP continues growing its emerging companies and venture capital team in Northern California by adding a former Orrick Herrington & Sutcliffe LLP startup pro as a partner.

52
article thumbnail

Primo Water Acquires Highland Mountain Water In Georgia

Benzinga

Primo Water Corp (NYSE: PRMW ) subsidiary, Primo Water North America (PWNA), has acquired Highland Mountain Water in Atlanta, Georgia. The financial terms were not disclosed. Highland Mountain Water is an independent distributor of Primo's. Full story available on Benzinga.com.

52
article thumbnail

UK Rejects Fixes For €656M Foam Cos. Merger Deal

Law 360 M&A

The competition regulator has rejected proposed fixes by two foam manufacturing companies that plan to merge, saying Monday it has concerns about higher prices and less choice for U.K. consumers and has referred the move for an in-depth investigation.

52
article thumbnail

EXCLUSIVE: Bienstar Wellness Starts Treating Patients With Psychedelic Therapy In Brazil, Acquires BRC Saude Mental

Benzinga

Zinger Brief. The acquisition of BRC Saude Mental & Terapias Assistidas Ltda. provides Bienstar access to the Brazilian market, the largest in Latin America, with a population of 215 million. Ketamine and ibogaine substances are regulated for medical use in Brazil. BRC conducts legal ibogaine and ketamine treatments in Brazil and operates under the Medical Directorship of Dr.

article thumbnail

What High Court Sears Case May Mean For Section 363 Sales

Law 360 M&A

Anyone considering purchasing bankruptcy estate property should pay close attention to the U.S. Supreme Court's upcoming review of a lease dispute between Sears Holdings and the Mall of America, because the case has the potential to make Section 363 sales and leases more vulnerable to unraveling by appellate courts, say Thomas Loeb and Drew Parobek at Vorys.

52
article thumbnail

Baijiayun Agrees To Merge With Fuwei Films Subsidiary

Benzinga

Fuwei Films (Holdings) Co Ltd (NASDAQ: FFHL ) has entered into a merger agreement with software solutions provider Baijiayun Limited , by which Baijiayun will merge with a wholly-owned subsidiary of Fuwei. Baijiayun will. Full story available on Benzinga.com.

52
article thumbnail

AuditBoard Survey Illuminates Critical Risks and Opportunities for Internal Audit

Audit Board

Internal audit leaders face a “risk bedlam,” will need strong and resilient teams to proactively anticipate the next disruption. LOS ANGELES, CA — ????? July 18, 2022 — AuditBoard , the leading cloud-based platform transforming audit, risk, and compliance management, today announced the results of a survey of top audit leaders revealing the critical risks enterprises face in the second half of 2022, how the audit profession is evolving, and where there are opportunities for improvement.