Harvard Corporate Governance
DECEMBER 18, 2023
Posted by Marco Becht (Université libre de Bruxelles) and Kazunori Suzuki (Waseda University), on Monday, December 18, 2023 Editor's Note: Marco Becht is Professor of Finance at the Solvay Brussels School of Economics and Management (ULB), and Kazunori Suzuki is a Professor at Finance at Waseda University. This post is based on a recent paper by Mr.
NYT M&A
DECEMBER 18, 2023
Students and parent volunteers from a school in Washington State said in a lawsuit that they had become sick after being exposed to chemicals known as P.C.B.s. that had dripped from light fixtures.
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Mckinsey and Company
DECEMBER 18, 2023
Macroeconomic, technological, regulatory, market structure, and product changes mean corporate and investment banks must take new approaches to tackling the opportunities and challenges ahead.
Benzinga
DECEMBER 18, 2023
In a significant move in the gaming industry, Improbable , a British metaverse company, has divested its gaming division, The Multiplayer Group (MPG) , to the Ireland-based video game developer, Keywords Studios for $97 million. The deal was sealed on Sunday as reported by CNBC. Keywords Studios, a video gaming giant with more than 70 studios across the globe, has been on an aggressive acquisition spree.
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.
Vested
DECEMBER 18, 2023
FounderMetrics podcast series one: the highlights. Dive into business metrics and a lot more besides with Vestd founder Ifty Nasir and special guests.
NYT M&A
DECEMBER 18, 2023
The $14.1 billion deal comes after months of uncertainty about the future of the century-old steel maker.
Business Valuation Zone brings together the best content for business valuation professionals from the widest variety of industry thought leaders.
Law 360 M&A
DECEMBER 18, 2023
Milbank and Wachtell-advised U.S. Steel on Monday agreed to be sold to Japan's Nippon Steel Corp., represented by Ropes & Gray, in a $14.9 billion deal that ends a monthslong battle in which multiple suitors sought to buy U.S. Steel.
Appraisers Blog
DECEMBER 18, 2023
In reply to Dave. [link] Related. Blame the woke educators for instilling these beliefs in an entire generation of vulnerable American youth. Critical race theory just hit your desk. I miss Norm.
Benzinga
DECEMBER 18, 2023
Galaxy Digital , a cryptocurrency group led by U.S. billionaire Mike Novogratz , is actively seeking to acquire more assets from bankrupt digital asset companies. This strategy follows their successful deal involving the sale of coins held by the failed crypto exchange FTX (CRYPTO: FTT ), which significantly increased their funds under management. In August, Galaxy was appointed by FTX's administrators to manage the sale, hedging, and staking of FTX's Bitcoin (CRYPTO: BTC ) and Ether (CR
Law 360 M&A
DECEMBER 18, 2023
Adobe Inc. and Figma Inc. said Monday they have mutually agreed to terminate their roughly $20 billion merger agreement, squashing one of the largest recent software-related M&A deals after U.K. regulators said last month that the merger could harm innovation.
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
BV Specialists
DECEMBER 18, 2023
As certified, professional business appraisers, we engage with quite a few clients and their attorneys who are going through a marriage dissolution/divorce and need to value a business owned by one or by both parties involved. The workflow process should not be much unlike any other type of valuation; however, the potential “drama” that often occurs during divorce proceedings can sometimes bleed into the ongoing communication.
Law 360 M&A
DECEMBER 18, 2023
Biotech company Illumina said it will divest cancer testing firm Grail despite a U.S. appellate court vacating an order that had forced Illumina to unwind the $8 billion deal, amid opposition on both sides of the Atlantic to the tie-up.
Appraisers Blog
DECEMBER 18, 2023
In reply to Dave. YOU’RE NOT GOING TO BELIVE FOLKS, BUT I WAS JUST ASKED TO REMOVE THE WORD MASTER BEDROOM FROM MY REPORT. WE HAVE NOW REACHED CRAZY LAND.
Gross Mendelsohn
DECEMBER 18, 2023
There’s a fine line regarding trust in a workplace environment. Too little trust in employees can diminish effective communication, increase conflict and decrease loyalty. But on the flip side, too much trust could create an opportunity for a key employee to defraud your organization, no matter what internal controls you have in place. Let’s look at how trust impacts the effectiveness of internal controls and different ways you can protect your organization, including a real-life case study.
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
DECEMBER 18, 2023
United States Steel Corp (NYSE: X) shares are soaring higher by around 28% following the news of its acquisition by Nippon Steel Corp (OTC: NISTF ) for $14.1 billion-plus debt, with a total enterprise value of $14.9 billion. The acquisition price of $55.00 per share represents a 40% premium to X's closing stock price on December 15, 2023. Recently, there were several reports that the company reportedly received multiple bids in excess of $40 a share.
NYT M&A
DECEMBER 18, 2023
Adobe will pay a $1 billion breakup fee to the design software maker, amid greater antitrust scrutiny of mergers.
Mckinsey and Company
DECEMBER 18, 2023
Advanced-industries companies that enter adjacent markets with the right approach can outgrow and outperform their peers.
NYT M&A
DECEMBER 18, 2023
The luxury e-commerce platform will narrowly avoid bankruptcy after the emergency funding from South Korea’s answer to Amazon.
Mckinsey and Company
DECEMBER 18, 2023
As shifting customer preferences, innovative business models, and new entrants transform commercial vehicle sales, OEMs must change with the times.
Machen McChesney
DECEMBER 18, 2023
As year-end approaches, it’s time for some calendar-year businesses to perform physical inventory counts. This activity is more than a time-consuming chore; it’s an opportunity to improve your company’s operational efficiency. Here are some best practices as you prepare to count your inventory, as well as guidance on how to get more from these counts.
Mckinsey and Company
DECEMBER 18, 2023
This framework seeks to provide an initial approach at quantifying the socioeconomic impacts of climate action. A roundtable with more than 40 climate leaders at COP28 underscored the need for this lens.
Benzinga
DECEMBER 18, 2023
Adobe Inc (NASDAQ: ADBE ) and Figma mutually agreed to terminate their previously announced $20 billion merger agreement , originally shared on September 15, 2022, under which Adobe decided to snap Figma for a mix of cash and stock consideration. Adobe and Figma have decided to call off their deal after concluding that obtaining the required regulatory clearances from the European Commission and the U.K.
Law 360 M&A
DECEMBER 18, 2023
In 2023, the U.S. Supreme Court issued four bankruptcy law opinions — an extraordinary number — and a close look at these cases signals that changes to the U.S. Bankruptcy Code will have to come from Congress, not the courts, says Phillip Shefferly at the University of Michigan Law School.
Financial Times M&A
DECEMBER 18, 2023
Japanese company targets American market with biggest ever acquisition
Law 360 M&A
DECEMBER 18, 2023
A Florida investment company suing Cohn & Cohn over the disappearance of $3 million placed in escrow with the Illinois law firm told a federal judge that no jury damages trial is needed on three claims on which liability has already been decided in the company's favor.
Financial Times M&A
DECEMBER 18, 2023
Mutual decision comes after EU and UK regulators launched competition probes
Benzinga
DECEMBER 18, 2023
Alteryx, Inc. (NYSE: AYX ) has agreed to be acquired by private equity firms Clearlake Capital Group, L.P., and Insight Partners for ~$4.4 billion, including debt, to transition into a privately held entity. Under the agreement, shareholders of Alteryx will receive a cash payment of $48.25 for each share. This offer marks a substantial 59% premium over the.
Benchmark Report
DECEMBER 18, 2023
Missed the live event or eager to dive back into the insights shared by industry expert Dara Shareef? We are thrilled to announce that our webinar, "Casting a Wide Net When Pursuing an Exit - An Examination of Other Buyer Types," is now available on demand!
Benzinga
DECEMBER 18, 2023
Canopy Growth Corporation (TSX: WEED ) (NASDAQ: CGC ) completed a divestiture of its This Works skincare and wellness brand. Inspirit Capital, a London-based investment firm, paid up to £9.3 million ($11.7 million) including cash. Smiths Falls, Canada-based Canopy Growth will receive an upfront consideration of £2.7 million in cash and in other consideration, a loan note issued by the buyer, and a contingent earn-out.
Farrel Fritz
DECEMBER 18, 2023
One need not peruse the pages of this blog for long to learn that its authors strongly advise against entering into an owners’ agreement that calls on the members to “annually” (or worse, “regularly”) update a critical aspect of the agreement. Most times, these planned updates relate to a buy-sell provision, where the buyout value is fixed by a “Schedule A”—sometimes called a “Certificate of Value”—to be updated annually.
Benzinga
DECEMBER 18, 2023
Unilever PLC (NYSE: UL ) disclosed a binding offer to sell Elida Beauty Business to Yellow Wood Partners LLC for an undisclosed amount. Elida Beauty comprises over 20 beauty and personal care brands, such as Q-Tips, Caress, Timotei, and Tigi, and generated around Full story available on Benzinga.
Mckinsey and Company
DECEMBER 18, 2023
By identifying and acting on the opportunities on the road to net zero, Indonesia could—with ten strategic initiatives—ensure a secure, green, and sustainable future.
Benzinga
DECEMBER 18, 2023
Shiny Health & Wellness Corp. (TSXV: SNYB ) has signed an asset purchase agreement with Karan S. Holla for his Stash & Co. Ontario chain of 10 adult-use cannabis retail stores. What Happened The company’s previously announced letter of intent on Oct. 27 for Shiny Health to add 10 SC adult-use cannabis retail stores with forecasted 2023 revenues of approximately CA$10 million ($7.5 million) is now consummated by an APA signed on Dec. 14 with Holla.
Financial Times M&A
DECEMBER 18, 2023
Owner of Tetley tea wants to acquire brands that can grow internationally as well as within the country
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