Harvard Corporate Governance

OCTOBER 28, 2022

Posted by Mark T. Uyeda, U.S. Securities and Exchange Commission, on Friday, October 28, 2022 Editor's Note: Mark T. Uyeda is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on his recent public statement. The views expressed in the post are those of Commissioner Uyeda, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

Banking 199

Banking Enterprise Value Marketability Compliance 199

Viking Mergers

OCTOBER 28, 2022

The closest thing most small business owners have to a business valuation is a speculation. If that sounds like you, you are far from alone. A recent bank survey revealed that 98% of small businesses can’t put a figure on their company’s value. If the majority of your personal net worth is invested in your company (which is the case for the majority of business owners) that means your business is your most valuable asset – which makes it worthwhile to know its fair value.

Business Valuation 130

Business Valuation Start-ups Finance Banking 130

Harvard Corporate Governance

OCTOBER 28, 2022

Posted by Eric W. Hilfers, Jonathan J. Katz and Michael L. Arnold, Cravath, Swaine & Moore LLP, on Friday, October 28, 2022 Editor's Note: Eric W. Hilfers , Jonathan J. Katz and Michael L. Arnold are Partners at Cravath, Swaine & Moore LLP. This post is based on a Cravath memorandum by Mr. Hilfers, Mr. Katz, Mr. Arnold, John W. White , Elad L.

Compliance 130

Compliance 130

Mckinsey and Company

OCTOBER 28, 2022

Global decarbonization will require a massive build-out of wind and solar farms. But can developers find enough land, secure the supply chain, and recruit workers while maintaining profitability?

113

113

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

OCTOBER 28, 2022

Famed investor Warren Buffett once said, “It’s only when the tide goes out that you learn who has been swimming naked.” In other words: An investment may appear promising up to a point. If the company you invested in is too leveraged and the tide turns, everything becomes exposed. And the investment gets spoiled. Tim Melvin has never been caught swimming naked.

Finance 111

Finance Marketability 111

Mckinsey and Company

OCTOBER 28, 2022

Reusable packaging isn’t new, but the concept is gathering renewed momentum as sustainability pressures grow. Four enablers could help leaders overcome current barriers and scale beyond the niche.

106

106

Benzinga

OCTOBER 28, 2022

The world’s richest person now owns one of the leading social media platforms with Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk acquiring Twitter Inc. for $44 billion. Here’s what investors would have done if they took a stake when Musk’s initial stake was announced. What Happened: The captivating saga between Twitter and Musk dates back to January when the Tesla CEO began accumulating shares.

98

98

The Guardian M&A

OCTOBER 28, 2022

The $44bn deal will give world’s richest man control of social media platform with more than 230m users Elon Musk has completed his $44bn takeover of Twitter, taking control of the company and reportedly firing several top executives, including the chief executive, Parag Agrawal. The world’s richest man tweeted “the bird is freed”, in a reference to Twitter’s corporate logo, just hours before a court-ordered deadline to buy the business expired.

Mergers & Acquisitions 98

Mergers & Acquisitions Technology 98

Rhythm Systems

OCTOBER 28, 2022

Two key concepts in manufacturing that often get misconstrued or even used synonymously are manufacturing productivity and manufacturing efficiency. Do you know what the difference is? Despite these two words pertaining to improving the production process of a manufacturing, agriculture, or service sector company, they refer to different things. Once you think about the differences, you can better utilize productivity and efficiency in your business.

98

98

Benzinga

OCTOBER 28, 2022

Cryptocurrency exchange Coincheck will complete its Nasdaq listing by merging with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV Inc (NASDAQ: THCP ) in July 2023. The merger was initially planned for March this year when its estimated value was roughly $1.25 billion. “In addition to crypto asset exchanges, Coincheck has expanded its business area to include NFTs, metaverse, and Web3, while keeping fixed costs low and controlling advertising expenses in respo

Marketability 98

Marketability 98

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

The Guardian M&A

OCTOBER 28, 2022

Shares taken off stock exchange as world’s richest man completes deal to buy social media platform The world’s richest man, Elon Musk, has completed his $44bn acquisition of Twitter, amid warnings from politicians and campaigners that hate speech on the platform must be held in check. The social media group confirmed the deal in a brief filing on the New York Stock Exchange on Friday morning, disclosing the deal had closed the day before.

Mergers & Acquisitions 98

Mergers & Acquisitions Technology 98

Benzinga

OCTOBER 28, 2022

Crowdfunding platform StartEngine has announced a buyout deal to acquire competitor SeedInvest from the Circle Internet Financial affiliate Pluto Holdings in a deal that will combine two of the largest equity crowdfunding platforms in the market. The all-stock deal represents a market value of about $24 million. StartEngine is advised by Kevin O'Leary of "Shark Tank" and led by Howard Marks , the co-founder of Activision Blizzard Inc (NASDAQ: ATVI ), who spoke with Benzinga about t

Equity 98

Equity Marketability 98

Law 360 M&A

OCTOBER 28, 2022

Buzzfeed is not bound by a provision in employee agreements that would have required it to arbitrate a dispute with 91 of the company's current and former employees over stock conversions, a Delaware Chancery Court judge ruled Friday.

98

98

NYT M&A

OCTOBER 28, 2022

The social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm. Here’s what that means.

Mergers & Acquisitions 106

Mergers & Acquisitions 106

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

The Guardian M&A

OCTOBER 28, 2022

EU commissioner says Elon Musk’s platform must ‘fly by our rules’ as UK minister raises concerns over content moderation Senior politicians have warned Elon Musk over content moderation on Twitter, with the EU stressing the platform will “fly by our rules” and a UK minister expressing concerns over hate speech under the billionaire’s ownership. The EU’s internal market commissioner, Thierry Breton, wrote on the platform on Friday that “in Europe, the bird will fly by our rules”, in response to M

Marketability 89

Marketability Mergers & Acquisitions Technology 89

NYT M&A

OCTOBER 28, 2022

Silicon Valley moguls used to buy yachts and islands. Now they are rich enough, and perhaps arrogant enough, to acquire companies they fancy.

Mergers & Acquisitions 98

Mergers & Acquisitions 98

The Guardian M&A

OCTOBER 28, 2022

Compensation for fired executives adds to already hefty bill for Elon Musk’s debt-funded takeover Musk completes Twitter takeover and ‘fires top executives’ Shares taken off stock exchange after Musk seals takeover Fears raised over disinformation and hate speech Twitter’s top executives will be entitled to “golden parachute” payouts worth more than $120m if removed as expected by the company’s new owner, Elon Musk.

Finance 85

Finance Mergers & Acquisitions Technology 85

NYT M&A

OCTOBER 28, 2022

The way forward for Twitter is uncertain. But that means Mr. Musk can innovate and change the platform for the better, his supporters say.

Mergers & Acquisitions 98

Mergers & Acquisitions 98

Mckinsey and Company

OCTOBER 28, 2022

Carbon capture, utilization, and storage can help hard-to-abate industries achieve net-zero emissions. Scaling the industry will require action by governments, investors, and industrial players.

79

79

Financial Times M&A

OCTOBER 28, 2022

Carmaker cites ‘significant change’ as billionaire moves to make his mark on social media platform

98

98

Law 360 M&A

OCTOBER 28, 2022

Twitter disappeared from the New York Stock Exchange Friday morning, hours after Elon Musk reportedly asserted his control of the business through an overnight jettisoning of top executives immediately after closing on his $44 billion take-private deal for the social media giant.

75

75

Financial Times M&A

OCTOBER 28, 2022

Hedge fund now has power to decide outcome of Philip Morris International’s $16bn offer for smokeless tobacco specialist

95

95

Law 360 M&A

OCTOBER 28, 2022

In the end, tech mogul and Tesla CEO Elon Musk had no way out of his $44 billion deal to buy Twitter Inc. after the social media giant sued to enforce his take-private offer in Delaware's contract-focused Court of Chancery, experts said Friday.

75

75

Mckinsey and Company

OCTOBER 28, 2022

An “all-weather” agenda can help asset management firms thrive in a tumultuous and uncertain market environment.

Marketability 91

Marketability 91

Law 360 M&A

OCTOBER 28, 2022

Now that his bid to take Twitter Inc. private is complete, Elon Musk will enjoy vast freedoms to push his vision for the social media giant outside the immediate glare of public markets, although the transition also comes with drawbacks.

Marketability 75

Marketability 75

Mckinsey and Company

OCTOBER 28, 2022

The country’s chemical sector could double in size. A shift toward sustainable products, regionalization, and emerging value pools offers an opportunity to fulfill Mexico’s potential.

72

72

Law 360 M&A

OCTOBER 28, 2022

Despite assurances that it does not "intend" to cut any jobs, new filings reveal that hedge fund Standard General planned to finance the $8.6 billion takeover of broadcast company Tegna through staff cuts, two unions challenging the deal told the Federal Communications Commission.

Finance 75

Finance 75

Auto Dealer Valuation Insights

OCTOBER 28, 2022

So far this year, many publicly traded investment managers have seen their stock prices decline by 30% or more. This decrease is not surprising, given most firms’ broader market decline and declining fee base. With AUM for many firms down significantly from year-end, trailing twelve-month multiples have declined, reflecting the market’s expectation for lower profitability in the future.

Marketability 59

Marketability 59

Law 360 M&A

OCTOBER 28, 2022

The Federal Trade Commission fired back in California federal court Thursday at Meta Platforms Inc.'s bid to end the FTC's suit challenging its purchase of virtual reality app developer Within Unlimited, arguing that its antitrust allegations are sufficient, and the judge should reject Meta's "belated" attack on the pleadings.

75

75

Gross Mendelsohn

OCTOBER 28, 2022

For nonprofits subject to a Single Audit, there’s a delay in the new requirement to use SAM.gov to submit Single Audit filings.

70

70

Law 360 M&A

OCTOBER 28, 2022

Nonprofit consumer advocacy group Public Citizen is urging the Federal Trade Commission and Congress to investigate the Chinese parent company of social media app TikTok, which it claims has unlawfully tracked the physical locations of specific U.S. citizens to conduct surveillance on them.

75

75

Auto Dealer Valuation Insights

OCTOBER 28, 2022

In the past week, several energy-related gatherings have been held in the Dallas area. We attended two of them: the D-CEO Energy Awards and Hart Energy’s Energy Capital Conference. We had numerous discussions with company representatives, dealmakers, and service providers. The marketplace appears excited about the potential for the upcoming year amid challenges.

52

52

Law 360 M&A

OCTOBER 28, 2022

Consultancy firm Resolution Economics LLC announced on Thursday the acquisition of Berkshire Associates, a Maryland-based provider of outsourced affirmative action plan services.

52

52

IBG Business

OCTOBER 28, 2022

For potential sellers, focusing on the future, knowing your objectives in selling, and understanding what motivates buyers can reveal the best time to put your business on the market. If owning a business were easy, everybody would do it – and no one gets that better than you. You understand that business success involves ambition, effective decision-making and risk-taking, a keen sense of timing, and the ability to acknowledge conventional wisdom without cowing to it.

Start-ups 52

Start-ups Equity Marketability Banking 52