Wed.Jun 28, 2023

article thumbnail

2023 AGM Early Season Review

Harvard Corporate Governance

Posted by Amanda Buthe, Rajeev Kumar, and Kilian Moote, Georgeson LLC, on Wednesday, June 28, 2023 Editor's Note: Amanda Buthe is a Director, Rajeev Kumar is a Senior Managing Director and Kilian Moote is a Managing Director at Georgeson LLC. This post is based on a Georgeson memorandum by Ms. Buthe, Mr. Kumar, Mr. Moote, Daniel Chang, Brigid Rosati, and Michael Maiolo.

Equity 226
article thumbnail

Perspectives Paper: Deciphering Technology

IVSC

Background The introduction of new technology often marks the beginning of a new era: railroads, electrification, and combustion engines produced momentous changes even before the advent of the “digital revolution”. The current wave of innovation is one of the factors behind the rise of intangible assets, which now account for a larger proportion of corporate assets than tangible ones.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Control Expropriation via Rights Offers

Harvard Corporate Governance

Posted by Leeor Ofer (Harvard Law School), on Wednesday, June 28, 2023 Editor's Note: Leeor Ofer is a fellow at the Harvard Law School Program on Corporate Governance, and is an S.J.D. candidate at Harvard Law School. This post is based on her recent paper , forthcoming in the American Business Law Journal. Related research from the Program on Corporate Governance includes Cheap-Stock Tunneling Around Preemptive Rights (discussed on the Forum here ) by Jesse M.

Equity 214
article thumbnail

Sustaining audit innovation: How to set your firm apart

ThomsonReuters

In a rapidly changing and increasingly competitive business environment, it is essential for audit firms to stay ahead of the curve and remain competitive. To do this, auditors must leverage technology and data analytics to innovate and sustain their edge over the competition. In this article, we will explore how using data analytics and automation can help enhance the auditing process, achieve greater operational efficiency, and ultimately set your firm apart.

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

When Giants Stumble: A Detailed Analysis Of Microsoft's Unexpected 6% Slump After Soaring To A Historic High Of $349

Benzinga

Microsoft's bold $69 billion bid to acquire gaming giant Activision Blizzard has sparked a legal battle with the United States Federal Trade Commission (FTC), which argues that this merger could hinder competition in the online gaming market. Parallel to this legal conflict, Microsoft's stock price is wrestling with the $350 mark, a resistance level that has stood firm since November 2021.

article thumbnail

ESG and data: Management tips for tax firm leaders

ThomsonReuters

If you’re a tax firm leader looking to differentiate yourself from the competition, providing your clients with insight into their ESG data is a great way to set your firm apart. Let’s take a look at some best practices accounting firms can use to help clients overcome the challenges of ESG data collection and management. What are the challenges of ESG data collection?

More Trending

article thumbnail

Comment on Foregoing Contingencies! But What About Fiduciary Duty? by don

Appraisers Blog

In reply to Chuck Minzenberger on Facebook. What’s perfect? I trust; therefore, I am trustworthy. Don’t you trust your priest, you realtor, your retirement agent, your son your daughter, your father, and MOM. Due diligence is a personal requirement. Maby’s aunt Bee and the lawnmower are a little shaky.

98
article thumbnail

Megan Senkowski Appointed to PICPA Committee on Professional Ethics

Trout CPA

Megan Senkowski, CPA, a partner at Trout CPA, has been appointed to the Pennsylvania Institute of Certified Public Accountants (PICPA) Committee on Professional Ethics. The PICPA Professional Ethics Committee is responsible for investigating complaints against members, maintaining the PICPA Code of Professional Conduct, monitoring global ethics trends, and ethics education and outreach.

89
article thumbnail

Race in the UK workplace: The intersectional experience

Mckinsey and Company

Despite meaningful progress, achieving workplace equity has proved challenging. Addressing intersectional communities—such as Black, Bangladeshi, and Pakistani women—could yield far-reaching benefits.

Equity 89
article thumbnail

Norman Marks on YouTube

Norman Marks

I have been doing webinars and such for quite a few years now, and many have been posted on YouTube. The best way to find them is through a simple search of YouTube for my name. Today, I updated the About Norman page of this website to include links to some of these videos.

95
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

Comment on Foregoing Contingencies! But What About Fiduciary Duty? by Chuck Minzenberger on Facebook

Appraisers Blog

This all does make me wonder if all licensing will go away, people think everything is on the internet, they have access to AI and sites like Zillow and legal zoom, plenty of mortgage calculators available for free and it’s easy to shop rates. Just let the consumer take care of themselves without any help from professionals. This could work if you think like Milton Friedman and ignore fraud and the fact that markets are not perfect.

article thumbnail

Upcoming/New CFIUS Filing: Viterra Limited; Glencore PLC; Canada Pension Plan Investment Board; British Columbia Investment Management Corporation; and Bunge Limited

National Law Review M&A

International Trade Practice at Squire Patton Boggs Jurisdiction: All Federal Type of Law: Mergers & Acquisitions Consumer Protection Financial Institutions & Banking Securities & SEC Administrative & Regulatory

Banking 82
article thumbnail

Comment on Has FNMA Gotten Too Big to Control? by Tim

Appraisers Blog

I’m confused, the article states that its unanimous that it’s too big to control but then goes on to state others believe it is manageable. It also says there are good arguments on both sides of the issue. I’m not commenting on either side of the issue because I am not qualified to do so. It’s just that they started out on a concrete stance and then watered down their own argument.

98
article thumbnail

Immigration Considerations During M&A Transactions [PODCAST]

National Law Review M&A

In this podcast, Brian Bumgardner and Matt Groban walk us through a variety of critical immigration-related issues to consider when approaching mergers and acquisitions (M&A).

81
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

Microsoft and Activision CEOs fight for their $75bn deal in court hearing

Financial Times M&A

Judge could decide as early as next week whether to grant a US regulator’s request to put the gaming acquisition on ice

97
article thumbnail

Notice of Proposed Rulemaking: FTC Proposes to Redesign and Dramatically Expand the Scope of the HSR Act Filing Process

National Law Review M&A

The FTC announced today a notice of proposed rulemaking (“NPRM”)[1]& proposing extensive revisions to both the rules that implement the Hart-Scott-Rodino Antitrust Improvements Act (th

76
article thumbnail

Linda Yaccarino’s vision for Twitter 2.0 emerges

Financial Times M&A

CEO hits ground running with plans for new advertisement offering while telling staff to ready for ‘hand-to-hand combat’

96
article thumbnail

Overstock Buys Intellectual Property to Rename as Bed Bath & Beyond

NYT M&A

The online retailer is renaming its website and its mobile app after buying the intellectual property of the bankrupt home-goods store.

article thumbnail

Gamers Ask 9th Circ. To Revive Bid To Pause Activision Deal

Law 360 M&A

Gamers challenging Microsoft's purchase of Activision Blizzard have asked the Ninth Circuit for another chance to pause the deal, even as a lower court trimmed their claims and as hearings continue in California federal court for the government's separate challenge to the merger.

75
article thumbnail

Why UK must stop Vodafone-Three merger and this cycle of greedflation | Gail Cartmail

The Guardian M&A

Evidence across world shows consolidation results in price hikes for consumers, job losses and big payouts for owners • Mobile and broadband firms accused of fuelling ‘greedflation’ Nearly one in three UK households are struggling to pay for their phone or internet service , the highest level on record. Yet prices keep going up: this year, mobile phone providers hit users with inflation-busting price hikes of more than 17%.

73
article thumbnail

KKR/Circor: congratulations, your underbid has won the deal

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

90
article thumbnail

Microsoft, Activision CEOs Testify In FTC's $69B Merger Fight

Law 360 M&A

Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick took turns testifying Wednesday in a high-stakes hearing over the Federal Trade Commission's bid to block Microsoft's $68.7 billion merger with the game-maker, with Kotick defending the deal as being good for investors and Nadella promising Microsoft won't foreclose competition.

69
article thumbnail

Comment on Foregoing Contingencies! But What About Fiduciary Duty? by Baggins

Appraisers Blog

In reply to Brad Jones on Facebook. Whom disciplines FNMA? Boards can only take action if someone files a complaint. I’d imagine lenders will do and say anything to avoid state based complaints, in order to avoid the discovery process. This is the primary benefit lenders receive by utilizing unlicensed people and eliminating the appraiser all together, there will be several less opportunities for state regulatory authorities to even know what the lenders are up to, and this will put the co

article thumbnail

Activision Raises Alarm As FTC Considers Pausing Microsoft Takeover: 'We Don't See How This Will Continue'

Benzinga

Bobby Kotick , Activision Blizzard Inc 's (NASDAQ: ATVI ) CEO, said that the company would probably walk away from the $68.7 billion takeover bid by Microsoft Corp. (NASDAQ: MSFT ) if the U.S. Federal Trade Commission (FTC) succeeds in obtaining a ruling that would pause the deal. According to Bloomberg, Kotick made the statement during a federal court hearing in San Francisco on Wednesday, when he was testifying in favor of the deal.

59
article thumbnail

Comment on Has FNMA Gotten Too Big to Control? by Mike

Appraisers Blog

In reply to Jaydee. Congratulations on your retirement and thank you for your service to our country. Unfortunately, after 35+ years in this industry, I am still unable to retire (2008 didn’t help). I’ve always taken great pride in my work, trying my best to excel in specific education, technological advancements, as well as developing strong relationships within the industry built upon my reputation.

article thumbnail

Silver Lake’s Egon Durban says firm focused on ‘all-in bets’

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

79
article thumbnail

Comment on Foregoing Contingencies! But What About Fiduciary Duty? by Baggins

Appraisers Blog

In reply to Spencer Paul. These people are condemned to repeat history. The rise of moneyed institutions, hardly any resistance. The bureaucracy was originally set in place by the people for the people, to protect us from the bankers. So there would be accountability and paper trails, reliability in contract and tort law, true unencumbered land ownership.

article thumbnail

Microsoft and Activision Chiefs Testify Merger Will Benefit Consumers

NYT M&A

In federal court, Satya Nadella and Bobby Kotick opposed an attempt by the F.T.C. to delay Microsoft’s $70 billion acquisition of a video game giant.

article thumbnail

Silver Lake’s quest for ‘big all-in bets’

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

75
article thumbnail

Comment on Has FNMA Gotten Too Big to Control? by Jaydee

Appraisers Blog

Congress needs to do their jobs and conduct oversight. The last time “it hit the fan” was 2008. The GOP want to conduct oversight of the GSE’S. The dems. all resisted and the RINO’S went along and poof!!!!! Collapse!!! We’re headed that way again. Time to clothes – line the GSE’S. BTW, I tossed in the towel last Friday. 25 years appraising, 20+ active duty USN – Now fully “Retired” Good Luck Everyone!!!!

article thumbnail

Day 1 - Day 100: Milestones for Managing IT Integration

M&A Leadership Council

The Art of M&A® / Integration An excerpt from The Art of M&A, Fifth Edition: A Merger, Acquisition, and Buyout Guide by Alexandra Reed Lajoux Editor’s Note: A growing number of M&A professionals are pursuing the Certified M&A Specialist, or CMAS™ credential. To support CMAS® candidates preparing for the CMAS® exam, we are pleased to continue our feature column, CMAS® Corner, by noted author and expert, Alexandra Reed Lajoux.

article thumbnail

Comment on Has FNMA Gotten Too Big to Control? by Kimberly DeFilippis

Appraisers Blog

FNMA was designed to be too big to control and safeguards have never been put in place in all the years FNMA has continued to be under conservatorship. Too big to control = too big to fail. Its a government sponsored enterprise with zero government oversight…WIN WIN for its top heavy leadership team Priscilla Almodovar, David Benson, Sharifa Anderson, Malloy Evans, Michelle Evans, Chryssa Halley, Jeffry Hayward, Steve James, Nancy Jardini, Anthony Moon, Katie Jones, Ramon Richards, Terry T

article thumbnail

SPAC Proponents Fear Regulatory Uncertainty Casts Pall

Law 360 M&A

An unresolved regulatory climate hangs over the world of special purpose acquisition companies, deal advisers said at a conference Wednesday, adding to uncertainty while the troubled SPAC market struggles to recover from weak returns.

article thumbnail

TerrAscend Closes Acquisition Of Top Performing Maryland Cannabis Dispensary, Peninsula Alternative Health

Benzinga

TerrAscend Corp (OTCQX: TRSSF ) announced the closing of its previously announced acquisition of Derby 1, LLC, or Peninsula Alternative Health, a medical marijuana dispensary in Maryland, adding one more dispensary to the Company’s Maryland footprint in advance of adult-use sales, which will begin on July 1. “Adding a second high-performing medical dispensary in Maryland, and soon to be third, is an important step in our strategy to become a market leader in the state,” said Ja