Harvard Corporate Governance

OCTOBER 30, 2023

Posted by Lisa Baudot (HEC Paris) and Dana Wallace (University of Central Florida), on Monday, October 30, 2023 Editor's Note: Lisa Baudot is an Associate Professor of Accounting and Management Control at HEC Paris, and Dana Wallace is an Associate Professor of Accounting at University of Central Florida Kenneth G. Dixon School of Accounting. This post is based on their article forthcoming in the Journal of Accounting and Public Policy.

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NYT M&A

OCTOBER 30, 2023

The process of selling Simon & Schuster has been long and tumultuous, and was waylaid by an earlier antitrust suit.

Mergers & Acquisitions 123

Mergers & Acquisitions Equity 123

Harvard Corporate Governance

OCTOBER 30, 2023

Posted by Alyssa Stankiewicz and Lindsey Stewart, Morningstar, Inc, on Monday, October 30, 2023 Editor's Note: Alyssa Stankiewicz is an Associate Director of Sustainability Research and Lindsey Stewart is a Director of Investment Stewardship at Morningstar, Inc. This post is based on their Morningstar memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

Marketability 177

Marketability 177

Gross Mendelsohn

OCTOBER 30, 2023

Any government contractor that procures products from the Xinjiang Uyghur Autonomous Region of the People's Republic of China is affected by a new ruling by the Department of Defense (DoD). This ruling takes effect October 30, 2023.

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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

Norman Marks

OCTOBER 30, 2023

For years now, I have been preaching (sorry) about the need for internal auditors to cut out any activity that doesn’t create value for its customers in management and on the board. This is an essential element in the great discipline, originally used in manufacturing by Toyota, called Lean.

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Financial Times M&A

OCTOBER 30, 2023

US chipmaker and cloud software companies insist transaction will complete ‘soon’ despite missing Monday’s scheduled close

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Auto Dealer Valuation Insights

OCTOBER 30, 2023

Happy Halloween! This week, we have four frightening guests who share their most terror-inducing family business challenges. It’s definitely not for the faint of heart, but if you are brave enough to face your fears, check it out! Get your preferred copy of the book, The 12 Questions That Keep Family Business Directors Awake at Night, here. The Scariest Thing That Faces Family Business Directors.

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Vested

OCTOBER 30, 2023

Introducing FounderMetrics : the brand new podcast hosted by founder and CEO Ifty Nasir. FounderMetrics delves deeply into the metrics that truly matter to equip you with the knowledge you need to make mighty decisions. We hope Ifty’s candid conversations with the UK’s biggest business brains will motivate you to smash your goals! Joining Ifty for the very first episode is Piers Linney , an accomplished banker, venture capital lawyer, entrepreneur and former Dragon’s Den investor!

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Audit Board

OCTOBER 30, 2023

Today’s business and IT leaders face unprecedented challenges in understanding and quantifying IT risk. Beyond the increasingly complex and interconnected nature of risk, the SEC’s new cybersecurity rules require public companies to (1) continuously monitor, assess, and disclose material cybersecurity events within four business days and (2) annually disclose cybersecurity risk management and governance activities, including how cybersecurity risk management is integrated into the overall risk m

Compliance 52

Compliance Technology 52

Rhythm Systems

OCTOBER 30, 2023

In a rapidly changing business landscape, CEOs of mid-market companies are facing numerous challenges, as highlighted by the winter 2023 Fortune/Deloitte CEO survey. These challenges include balancing growth objectives with economic realities, addressing tactical issues, navigating inflationary pressures, and striking a balance between short-term investor demands and long-term value.

Start-ups 52

Start-ups Marketability 52

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

Avanade

OCTOBER 30, 2023

Explore the origins, manifestations, and potential solutions for addressing racial bias in AI, emphasizing the importance of ethical and inclusive AI development.

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Financial Times M&A

OCTOBER 30, 2023

UK law firm is latest business to take PE money to help expand non-core units

Equity 82

Equity 82

John Jenkins

OCTOBER 30, 2023

According to this S&P Global report, despite the increasing challenges buyers face in obtaining financing and the other macro headwinds facing dealmakers, Q3 deal terminations reached their lowest level since 2020. Here are some of the key takeaways from the report: – Only two private equity-backed deals terminated in Q3 2023.

Finance 49

Finance Equity 49

Financial Times M&A

OCTOBER 30, 2023

Chinese online retailer faces growing threat from new rival Temu

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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

Peak Business Valuation

OCTOBER 30, 2023

Businesses in the nursing and assisted living industry provide nursing, rehab, and long-term living quarters for people with illnesses or disabilities. According to IBIS World , there are over 27,000 nursing homes or assisted living facilities in the United States. Together, these facilities generate over $30 billion in revenue per year. We can expect steady growth to continue in the coming years.

Discounted Cash Flow 52

Discounted Cash Flow Business Valuation Appraisal Fair Market Value 52

Financial Times M&A

OCTOBER 30, 2023

Plus, Elliott’s bet on Western Digital comes under pressure and companies’ favourite new way to strike a private equity deal

Equity 59

Equity 59

Benzinga

OCTOBER 30, 2023

IRVINE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV ), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, has announced the sale of its Atlas Technology Group's business to Crisp , the open-data retail platform for the consumer goods industry. Atlas Technology Group is an analytics provider serving many of the world's largest consumer packaged goods (CPG) companies.

Technology 40

Technology Marketability 40

Financial Times M&A

OCTOBER 30, 2023

Move to spin off flash memory unit from hard drive business represents win for activist investor Elliott

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Benzinga

OCTOBER 30, 2023

Irving, Texas, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Heidelberg Materials North America announced today that it has acquired the aggregate assets of Bach & Co. in New York. The assets include a sand & gravel site and additional high-quality reserves within the company's existing Northern New York State footprint. "The acquisition of the Bach.

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Financial Times M&A

OCTOBER 30, 2023

With the Kioxia tie-up apparently dead, the question is whether another transaction is in the works

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Law 360 M&A

OCTOBER 30, 2023

The U.S. Supreme Court has declined to review an appeal of a Second Circuit decision throwing out part of a lower court's award of roughly $285 million in compensatory damages, which Cognizant won on a federal trade secrets claim in a suit alleging its business information was swiped by an information technology company.

Technology 40

Technology 40

Reynolds Holding

OCTOBER 30, 2023

On October 18, 2023, the Fifth Circuit, in Alliance for Fair Board Recruitment v. SEC , upheld Nasdaq’s board diversity rule. [1] The rule, approved by the Securities and Exchange Commission in August 2021, requires Nasdaq-listed companies to disclose board-level diversity statistics and to have diverse directors or explain why they do not. For operating companies with boards of more than five members (other than small operating companies and foreign issuers), this requires having one director w

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Law 360 M&A

OCTOBER 30, 2023

Amazon brand aggregator Benitago Inc. received interim approval from a New York bankruptcy judge Monday to use cash collateral and its cash-management system after the company and the Office of the U.S. Trustee agreed to table potential disputes about the orders until a later hearing.

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Reynolds Holding

OCTOBER 30, 2023

Environment, social, and governance (ESG) reporting has become a mainstay of corporate and investment decision-making. Corporations are increasingly making ESG disclosures to assess and limit risks, bolster their reputations, and attract and keep customers. In a new paper, we focus on one subset of public corporations – large, investor-owned electric utilities (IOUs) – and their progress or, lack thereof, toward meaningfully achieving ESG goals.

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Law 360 M&A

OCTOBER 30, 2023

Skadden Arps Slate Meagher & Flom-advised International Flavors & Fragrances Inc. announced on Monday that it has agreed to sell its cosmetic ingredients business, which is primarily made up of its Lucas Meyer Cosmetics brand, to Swiss specialty chemical company Clariant AG, advised by Simpson Thacher & Bartlett LLP, for $810 million.

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Appraiser Newsroom

OCTOBER 30, 2023

This month our strategic efforts focused on developing new members, participating in appraisal profession events, forming partnerships, promoting our new ASAConnect online community and spotlighting upcoming notable educational offerings. Membership Development In efforts to grow our aircraft valuation education and accreditation programs, we headed out to Las Vegas, NV where we hosted our ASA Aircraft Asset Management Special Event and participated in the 2023 NBAA Business Aviation Convention

Appraisal 40

Appraisal Business Valuation Finance Marketability 40

Law 360 M&A

OCTOBER 30, 2023

The U.S. Securities and Exchange Commission on Monday granted certain corporate bond issuers sought-after relief from new disclosure rules aimed largely at companies whose unlisted securities trade over the counter.

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Financial Times M&A

OCTOBER 30, 2023

Turmoil in the retail sector has thrown up bargains

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Law 360 M&A

OCTOBER 30, 2023

The Federal Communications Commission has asked for a wide range of new information tied to T-Mobile's planned $1.35 billion purchase of Mint Mobile, including how the carrier plans to "supercharge" the prepaid wireless brand as promised.

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M&A Leadership Council

OCTOBER 30, 2023

Sometimes Complete Integration Isn't the Right Answer By Jeffrey Cartwright, M&A Leadership Council Alum and Managing Partner of Shoreview Advisors If you’ve ever dived into M&A strategy, you’ve undoubtedly read about “Newellization,” the acquisition strategy named for a once-tiny household goods company in Freeport, Illinois. There are four key principles of Newellization: Consolidate market position – improve service levels and customer relationships Rationalize capacity and product l

Marketability 52

Marketability Start-ups Finance 52

Law 360 M&A

OCTOBER 30, 2023

Attorneys for two former officers of an electric vehicle startup that collapsed into Chapter 7 last year after being taken public in a "blank check" company deal once valued at $1.4 billion told Delaware's chancellor Monday that "hindsight" can't support stockholder damages liability.

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