Harvard Corporate Governance

JULY 22, 2022

Posted by Katie LaVoy, Sidley Austin LLP, on Friday, July 22, 2022 Editor's Note: Katie LaVoy is Counsel at Sidley Austin LLP. This post is based on a Sidley memorandum by Ms. LaVoy and Ben Cross. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. Bebchuk and Roberto Tallarita (discussed on the Forum here ); For Whom Corporate Leaders Bargain (discussed on the Forum here ) and Stakeholder Capitalism in the Time of

Compliance 275

Compliance Equity 275

Benzinga

JULY 22, 2022

‘Whatever you say bounce off me and sticks to you,’ is the rest of that riposte, and what the Tesla Inc (NASDAQ: TSLA ) Chief Executive, Elon Musk , said in response to Twitter Inc (NYSE: TWTR ) blaming him (in part) for its missed earnings report on Friday. I'm rubber, they're glue. — Elon Musk (@elonmusk) July 22, 2022.

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Marketability 98

Harvard Corporate Governance

JULY 22, 2022

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, July 22, 2022 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of July 15-21, 2022. Statement by Commissioner Peirce on Proposed Amendments to Rule 14a-8. Posted by Hester M. Peirce, U.S. Securities and Exchange Commission, on Friday, July 15, 2022.

Marketability 206

Marketability 206

Benzinga

JULY 22, 2022

Vince McMahon , the longtime head of Word Wrestling Entertainment (NYSE: WWE ), is retiring. The announcement comes just weeks after the Stamford, Connecticut-based company disclosed an investigation into his alleged sexual misconduct against former WWE employees. Here's McMahon's prepared statement ( per Variety ): “As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE.

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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

Harvard Corporate Governance

JULY 22, 2022

Posted by Gayle Baldwin and Vivian Lubrano, AllianceBernstein, on Friday, July 22, 2022 Editor's Note: Gayle Baldwin is a Senior Vice President and Senior Research Analyst, and Vivian Lubrano is a Portfolio Manager for Portfolios with Purpose at AllianceBernstein. This post is based on their AllianceBernstein memorandum. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here ) by Alma Cohen, Moshe Hazan, and Davi

Equity 161

Equity 161

Benchmark Report

JULY 22, 2022

Benchmark International is pleased to announce the successful transaction between TruePoint Laser Scanning and Ground Penetrating Radar Systems (GPRS). TruePoint is an industry leader in 3D laser scanning and computer-aided design, working on projects concerning historical documentation, stadiums, theaters, power plants, construction, and architectural documentation.

Banking 98

Banking 98

Benzinga

JULY 22, 2022

Vertical integration in the cannabis industry is one of the most debated topics of the day across the sector. As part of America's piecemeal approach to state-level legalization, states can choose their regulations. In most cases, vertical integration is allowed, with some states requiring separate licenses to integrate vertically. Not so cut-and-dried to most, the business model offers numerous benefits and drawbacks.

Marketability 98

Marketability 98

Law 360 M&A

JULY 22, 2022

Swedish information technology giant Ericsson has completed its $6.2 billion acquisition of U.S. internet phone service provider Vonage Holdings Corp., with Freshfields Bruckhaus Deringer advising on the deal.

Technology 98

Technology 98

Benzinga

JULY 22, 2022

Citi group has initiated coverage on GSK plc's (NYSE: GSK ) consumer healthcare spin-off Haleon Plc (NYSE: HLN ) with a Buy rating and a price target of 360p. "We see the company as the best vehicle to play the secular attractions of Consumer Health, facilitated by Haleon's scale and its exposure to staples segments where it can more easily.

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NYT M&A

JULY 22, 2022

The social media company swung to a loss in the second quarter and cited “uncertainty” over its pending takeover by the billionaire Tesla chief executive as a factor.

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Mergers & Acquisitions 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

Benzinga

JULY 22, 2022

Mercer International Inc. (NASDAQ: MERC ) has agreed to acquire all of the outstanding shares of the parent company of Holzindustrie Torgau (HIT) for consideration of €270 million ($275.4 million), inclusive of forecasted net working capital of ~€43 million. HIT is a producer of EPAL wood pallets used for shipping. HIT owns, among other things, 100% of a.

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Avanade

JULY 22, 2022

As a marketer, to make an impact, you would carefully consider what you want to achieve, on which platform, and who your target audiences are.

Marketability 98

Marketability 98

Mckinsey and Company

JULY 22, 2022

Forthcoming chemical-substance regulations will add significant complexity for the packaging industry. Being proactive in developing a cross-functional master plan can provide clarity and a route to managing this uncertainty.

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Financial Times M&A

JULY 22, 2022

Proposal by Sam Bankman-Fried’s affiliates would offer accounts to customers of failed crypto group

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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

Law 360 M&A

JULY 22, 2022

As Delaware and the world gear up for a spectacle in the October trial between Elon Musk and Twitter Inc., avid Delaware Chancery Court watchers know that's not the only thing worth keeping an eye on this year. Here are some of the top cases to watch in the second half of 2022.

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Mckinsey and Company

JULY 22, 2022

Here’s how the grocery sector can protect the planet and position itself for green growth.

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Law 360 M&A

JULY 22, 2022

Holland & Knight LLP has added a more-than 17-year employment and sports law veteran from Mintz Levin Cohn Ferris Glovsky and Popeo PC to join its executive compensation and sports practice, the firm said Thursday.

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Norman Marks

JULY 22, 2022

I have been a big fan of the IIA’s magazine for a long time, having been both a contributor and a member of its editorial board. A recent piece tackled a topic that I believe is important, not only for internal auditors but also for risk practitioners in an article titled, Digging Deep (available to […].

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Law 360 M&A

JULY 22, 2022

As the number of failed SPAC mergers racks up, target companies are largely opting to stay private for now, and attorneys expect more companies will revert to traditional public listings when markets improve.

Marketability 75

Marketability 75

LaPorte

JULY 22, 2022

(authored by RSM US LLP) A 100-basis-point increase in the federal funds rate will be on the table during the Federal Open Market Committee meeting next week, but we expect the central bank will hike the policy rate by 75 basis points. The post FOMC policy decision preview: Fed to hike lending rate.75% next week first appeared on LaPorte.

Banking 52

Banking Marketability 52

Law 360 M&A

JULY 22, 2022

The bankrupt owners of a drilling rig asked a Texas bankruptcy judge Thursday for immediate permission to tap into $2.71 million of its cash so it can move the vessel out of Mexican waters to keep it safe during hurricane season.

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Auto Dealer Valuation Insights

JULY 22, 2022

The most frequently ignored topic in the wealth management industry may be its first cousin, the independent trust industry. While many still associate trust work with banks, and banks still represent more than three-quarters of the trust industry, the growing prominence of independent trust companies is causing many participants in the investment management space to take another look.

Banking 52

Banking 52

Midstreet Blog

JULY 22, 2022

So you’ve decided to sell your business. You’re ready to find a broker, find a buyer, sign the paperwork, and sail off into the sunset. You’ve done a great job increasing your business’s value, and have gotten it to the selling point. So now it’s time to kick back and let it all unfold, right?

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Exit Strategy

JULY 22, 2022

Deal structure can have a big impact on your after-tax proceeds. The right structure can help you retain more of the sale price. For example, an F-reorg is a tax efficient method that allows you (the seller) to rollover equity into the buyer’s new entity without paying taxes on the rollover amount. Without using an […]. The post M&A Advisor Tip: F-reorganization appeared first on Exit Strategies Group, Inc.

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Equity 52

Benzinga

JULY 22, 2022

Japanese beauty products retailer Yoshitsu Co Ltd (NASDAQ: TKLF ) has entered into a definitive agreement with All Seas Global Limited to acquire 100% equity interests in Tokyo Lifestyle Limited for $2.8 million. Tokyo Lifestyle is. Full story available on Benzinga.com.

Equity 52

Equity 52

Law 360 M&A

JULY 22, 2022

Spanish lender Santander said on Friday that it has failed to make the shortlist in the bidding process to buy Citigroup's retail bank in Mexico after submitting a non-binding offer to the American banking giant earlier this year.

Banking 52

Banking 52

Benzinga

JULY 22, 2022

Healthcare investment firm, Patient Square Capital , will take Medical devices maker Hanger Inc (NYSE: HNGR ) private in a deal worth about $1.25 billion. Under the terms of the agreement, the prosthetic care provider's stockholders will. Full story available on Benzinga.com.

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Valutico

JULY 22, 2022

WISE PLC (formerly TRANSFERWISE). Weekly Valuation – Valutico | 22 July 2022. Link to the detailed valuation: click here. Technology stocks have had a difficult year. The same is true for fintechs, which combine the momentum of technology start-ups with the financial services traditionally offered by conventional banks. Wise (LSE:WISE) belongs to the fintech category.

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Start-ups Banking Marketability Technology 52

Benzinga

JULY 22, 2022

ARS Pharmaceuticals Inc will merge with Silverback Therapeutics Inc (NASDAQ: SBTX ) in an all-stock transaction, with a new entity operating under the ARS Pharmaceuticals name and trade on NASDAQ under the SPRY symbol. The combined company will focus on neffy, ARS's investigational epinephrine nasal spray for Type I allergic reactions, Full story available on Benzinga.com.

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Mckinsey and Company

JULY 22, 2022

Supporting students from underrepresented populations can help accelerate progress toward racial and ethnic equity in US higher education.

Equity 63

Equity 63

Accounting Web

JULY 22, 2022

Practice Excellence We've Got a Bigger Problem Now.

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Mckinsey and Company

JULY 22, 2022

The chair and CEO of the financial services giant explains how he reshaped the firm in the wake of the financial crisis.

Corporate Finance 61

Corporate Finance Finance 61

John Jenkins

JULY 22, 2022

Our new Deal Lawyers Download podcast features my interview with Goodwin’s Sean Donahue on the universal proxy rules. Topics addressed in this 19-minute podcast include: – How will universal proxy change the dynamic of proxy contests? – What strategic and tactical opportunities does universal proxy create for activists?

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Benchmark Report

JULY 22, 2022

Join us for the complimentary webinar: What You Need To Know About Selling Your Business To A Strategic Buyer.

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