Harvard Corporate Governance
MARCH 27, 2024
Posted by Kerrie Waring, Severine Neervoort, and Carol Nolan Drake, International Corporate Governance Network (ICGN), on Wednesday, March 27, 2024 Editor's Note: Kerrie Waring is CEO, Severine Neervoort is Global Policy Director, and Carol Nolan Drake is Senior Policy Manager at International Corporate Governance Network (ICGN). This post is based on their ICGN memorandum.
Benzinga
MARCH 27, 2024
Tuesday, Shockwave Medical Inc (NASDAQ: SWAV ) shares traded higher following a Wall Street Journal report suggesting Johnson & Johnson (NYSE: JNJ ) is reportedly in talks to acquire the company. Shockwave Medical is a cardiovascular medical device. In 2022, Johnson & Johnson acquired heart failure device-focused Abiomed Inc. for an upfront payment of $380.00 per share in cash, corresponding to an enterprise value of approximately $16.6 billion.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Law 360 M&A
MARCH 27, 2024
An Illinois federal court granted T-Mobile's request on Wednesday to immediately appeal a ruling refusing to toss a proposed class action from AT&T and Verizon subscribers who have alleged their prices increased because of T-Mobile's 2020 merger with Sprint.
Appraisers Blog
MARCH 27, 2024
In reply to Maureen Sweeney. Sadly the majority of appraisers are unaware of this committee and what they try to do! We need to keep sharing this info. Thank you Maureen.
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.
Law 360 M&A
MARCH 27, 2024
A shareholder in Massachusetts-based emergency management platform Everbridge Inc. is asking a state court to intervene in a pending $1.8 billion acquisition by private equity firm Thoma Bravo LP, alleging in a Wednesday lawsuit that investors are being misled about the true value of shares and the motives of those promoting the deal.
Financial Times M&A
MARCH 27, 2024
Liberty Media in exclusive talks to buy the Madrid-based company behind the motorcycle racing series
Business Valuation Zone brings together the best content for business valuation professionals from the widest variety of industry thought leaders.
Financial Times M&A
MARCH 27, 2024
Dealmaking drought left behind as first-quarter transaction values rise 30% with European market standing out
Benchmark Report
MARCH 27, 2024
Global demand for electricity is forecast to rise faster over the next three years, growing by an average of 3.4% annually through 2026, driven by an improving economic outlook. The worldwide energy market is expected to experience a compound annual growth rate (CAGR) of 4.84% from 2024 to 2028.
Financial Times M&A
MARCH 27, 2024
Plus, a potential paper bidding war reignites M&A optimism and Sweden’s Fortnox attracts short seller scrutiny
Benzinga
MARCH 27, 2024
Honeywell International Inc (NASDAQ: HON ) disclosed the intention to acquire all outstanding shares of Civitanavi Systems S.p.A. Civitanavi provides position navigation and timing technology for the aerospace, defense, and industrial markets. The company will initiate a voluntary tender offer of €6.30 per share in cash (an equity value of approximately €200 million at closing).
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
Financial Times M&A
MARCH 27, 2024
London-listed company given four-week exclusivity period by Italian oil major to make bid
Law 360 M&A
MARCH 27, 2024
Real estate investment trust Kimco Realty said it has sold 10 open-air shopping centers it gained in an acquisition of RPT Realty earlier this year for a total of $248 million.
M&A Leadership Council
MARCH 27, 2024
Jerry Bessette Chief Operating Officer, Cyber Defense Labs Jerry Bessette serves as Chief Operating Officer for Cyber Defense Labs. As an executive team member, Jerry leads the company’s cybersecurity consulting, customer operations, and technical teams. He brings a long-standing, successful c-suite leadership career in cyber security operations from the public and private sectors.
Law 360 M&A
MARCH 27, 2024
Alamos Gold Inc. and Argonaut Gold Inc. announced Wednesday that they have inked an approximately $325 million deal steered by Torys LLP and Bennett Jones LLP for Alamos to acquire an Argonaut gold mine located in Ontario, Canada.
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.
Benzinga
MARCH 27, 2024
Royal Gold Inc (NASDAQ: RGLD ) announced its second-quarter dividend. Following the slight underperformance of the stock, its valuation appears “more compelling,” given the latest commodity price assumptions, according to BMO Capital Markets. The Royal Gold Analyst: BMO Capital's Jackie Przybylowski upgraded the rating for the Denver-based company from Market Perform to Outperform, while raising the price target from $148 to $158.
Law 360 M&A
MARCH 27, 2024
Renewable energy company Origis USA Inc. has escaped a suit by former shareholders after a New York federal judge concluded that the plaintiffs failed to show that the company was privy to an alleged scheme by its now-former CEO to induce them to sell their stakes for considerably less than the $1.4 billion they were later sold for.
Benzinga
MARCH 27, 2024
Alamos Gold (NYSE: AGI ) is buying Argonaut Gold (OTCPK: ARNGF) in a deal valued at $325 million. The transaction enhances Alamos as an intermediate gold producer at a time when the element has already seen multiple new all-time highs. The acquisition involves Alamos acquiring all outstanding shares of Argonaut, a move that is expected to create one of Canada’s largest and most cost-effective gold mines.
Law 360 M&A
MARCH 27, 2024
Medivation's 2016 sale announcement would have an expected positive "spillover effect" on rival Incyte's stock price, a U.S. Securities and Exchange Commission expert testified Wednesday in a "shadow trading" trial over claims an ex-Medivation executive exploited confidential news of his company's imminent acquisition to buy shares in the competitor.
Vested
MARCH 27, 2024
If you're reading this, you're probably familiar with Enterprise Management Incentives (EMIs). But just in case this is all new to you, EMI is a government-backed, tax-friendly share option scheme for UK startups and SMEs.
Law 360 M&A
MARCH 27, 2024
A Delaware Court of Chancery judge at a Wednesday hearing gave Left Coast Ventures Inc. time to fulfill a court order requiring it to cover legal fees for three former directors of the cannabis company defending a merger-related suit, after a company attorney told the judge the money will be coming.
Benzinga
MARCH 27, 2024
MariaDB plc (NYSE: MRDB ) shares are trading higher after the company received an offer from Progress Software Corporation (NASDAQ: PRGS ) to acquire all the issued and issued share capital at a $0.60 per share. The purchase price represents an 88% premium to MariaDB’s average closing share price of the last 30 trading. Full story available on Benzinga.
Law 360 M&A
MARCH 27, 2024
A Colorado federal judge has dismissed a shareholder suit against commercial electric vehicle company Lightning eMotors, agreeing with a magistrate judge's conclusion that the shareholders failed to bring specific allegations that the company knowingly misled investors on matters like its production capacity.
Peak Business Valuation
MARCH 27, 2024
Small businesses stand as pillars of innovation, resilience, and growth. Their unwavering spirit fuels our communities and drives economic prosperity forward. Yet, in the journey of entrepreneurship, navigating financial decisions can be daunting. That’s where the Small Business Administration (SBA) steps in. The SBA is a United States government agency established to aid small businesses.
Law 360 M&A
MARCH 27, 2024
Marketing firm Troika Media Group Inc. is set to exit bankruptcy before the end of the month after a New York bankruptcy judge Wednesday said he would approve its Chapter 11 plan to sell itself as a going concern and settle pre-bankruptcy legal disputes.
Harvard Corporate Governance
MARCH 27, 2024
Posted by Larry Fink, BlackRock Inc., on Wednesday, March 27, 2024 Editor's Note: Larry Fink is Founder, Chairman and CEO of BlackRock Inc. This post is based on Mr. Fink’s annual letter to investors. Time to rethink retirement When my mom passed away in 2012, my dad started to decline quickly, and my brother and I had to go through my parents’ bills and finances.
Law 360 M&A
MARCH 27, 2024
Bryan Cave Leighton Paisner LLP on Tuesday announced the addition of the former digital transformation and outsourcing chair at Nelson Mullins Riley & Scarborough LLP, touting her skills in those areas.
Mckinsey and Company
MARCH 27, 2024
Most of the failures in ML development come not from developing poor models but from poor productization practices.
Law 360 M&A
MARCH 27, 2024
International Paper Co. has made a £5.72 billion ($7.22 billion) proposed offer for British rival DS Smith PLC as it seeks to compete with the earlier bid of £5.1 billion made by Mondi PLC.
Harvard Corporate Governance
MARCH 27, 2024
Posted by Jeffrey Sonnenfeld and Steven Tian (Yale University), on Wednesday, March 27, 2024 Editor's Note: Jeffrey Sonnenfeld is Senior Associate Dean for Leadership Studies and Lester Crown Professor in the Practice of Management, and Steven Tian is Research Director of the Yale Chief Executive Leadership Institute at the Yale School of Management.
Law 360 M&A
MARCH 27, 2024
Dykema Gossett PLLC-advised CPS Energy has agreed to buy a Texas power generation portfolio from Talen Energy Corp. for $785 million, the companies said Wednesday.
Financial Times M&A
MARCH 27, 2024
The British boxmaker’s shareholders should be wary of a suitor willing to overpay to stay in the game
Mckinsey and Company
MARCH 27, 2024
Successful transformations need to change something meaningful in the business, but not try to do too much.
Reynolds Holding
MARCH 27, 2024
How do directors add value to corporations, and what are their incentives? They add value through monitoring and advising management – although monitoring seems to have taken precedence in the wake of high-profile financial scandals. As for directors’ incentives, the answer is less straightforward. While director compensation has increased in recent years, non-pecuniary incentives remain important.
John Jenkins
MARCH 27, 2024
Earlier this week, in City of Dearborn Police & Fire v. Brookfield Asset Management, (Del.; 3/24) the Delaware Supreme Court overruled the Chancery Court and held that allegations of undisclosed conflicts of interest involving a special committee’s legal and financial advisors were sufficient to deny the defendants’ motion to dismiss breach of fiduciary duty claims.
Expert insights. Personalized for you.
124 
Let's personalize your content