Harvard Corporate Governance

AUGUST 21, 2023

Posted by Dan Laddin, Matt Vnuk and Kyle White, Compensation Advisory Partners, on Monday, August 21, 2023 Editor's Note: Dan Laddin and Matt Vnuk are Partners, and Kyle White is an Associate at Compensation Advisory Partners. This post is based on a CAP memorandum by Mr. Laddin Mr. Vnuk, Mr. White, and Patricia Kelley. Related research from the Program on Corporate Governance includes The Growth of Executive Pay by Lucian Bebchuk and Yaniv Grinstein.

Equity 130

Equity 130

Benzinga

AUGUST 21, 2023

Coinbase (NASDAQ: COIN ), a dominant force in the crypto exchange world, acquired an equity stake Monday in Circle , the co-founder of the USD Coin (CRYPTO: USDC ). This strategic move, reported by Fortune Monday, is part of a broader plan to reshape the governance and financial dynamics of USDC, leading to the dissolution of the Centre Consortium, which had been at the helm of the stablecoin.

Equity 97

Equity Marketability 97

N Contracts

AUGUST 21, 2023

Social Media Risk Assessments for Banks and Credit Unions When IndyMac and Washington Mutual failed in 2008, it took weeks of negative reporting before customers pulled their deposits. By comparison, SVB’s customers withdrew $42 billion within 24 hours following a flurry of social media posts about the bank’s inability to meet its obligations to depositors.

Banking 87

Banking Compliance 87

Appraisers Blog

AUGUST 21, 2023

In reply to Baggins. And one more, this from the first accidental hit. Borrowers bill of rights. Flash forward today, modified the goal to; ‘borrowers bill of entitlements’ instead. People in this industry used to actually care about consumer protection. We did not have industry insiders whom masquerade as appraisers, trying to tell us our service was to the lender and the lender alone regardless of how they treated and deceived consumers.

Appraisal 98

Appraisal 98

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

NYT M&A

AUGUST 21, 2023

After a short seller targeted Icahn Enterprises, the activist investor made changes. At 87, he insists he’s not going anywhere and will refocus on rattling company cages.

Mergers & Acquisitions 93

Mergers & Acquisitions 93

Appraisers Blog

AUGUST 21, 2023

In reply to Maria. Wow that’s interesting. Cash out on your home mortgage loan like it’s an atm machine is so risky. There are so many other loan options with lower cash equivalent payment equivalents to choose from which are not tied to ones mortgage payment. Better financial education of the public at large starts with the basic concept of cash equivalent payment over the amortized term.

Start-ups 98

Start-ups Appraisal Finance Equity 98

Appraisers Blog

AUGUST 21, 2023

In reply to don. It’s all staged, one big lie. Corporate people form their own conclusions, then push puppet politicians and paid for scripted news stories to convince the public why and how to play along. We live in a sea of fake news and illusionary regulatory structure which is meant to enrich corporations, long since abandoning the cause of protecting the American consumer.

Appraisal 98

Appraisal 98

Law 360 M&A

AUGUST 21, 2023

Indivior Inc. and the class of end payors who accused it of monopolizing the market on Suboxone, an opioid addiction treatment, have agreed to resolve their dispute in a $30 million settlement agreement filed in the Pennsylvania federal court overseeing the multidistrict litigation surrounding the drug.

Marketability 75

Marketability 75

Appraisers Blog

AUGUST 21, 2023

[link] Posted way back archives of pams site on another thread. ‘Skippy’ won out after all. Pathetic every last one of them. Find a new career before I ever work with appraisal management companies again. I’m not into working with rings of criminal fraudsters.

Appraisal 98

Appraisal 98

Law 360 M&A

AUGUST 21, 2023

Widespread shuffling of Court of Chancery case assignments suddenly made sense last week after Delaware's court of equity announced its top judge will take a temporary medical leave.

Equity 75

Equity 75

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

Appraisers Blog

AUGUST 21, 2023

In reply to AppraisersBlogs Team. [link] Her old domain name is up for sale in case anyone wants it. How to use the way back machine. 1. Know what the way back machine is. A dedicated effort of pioneers in the internet and tech industry whom understood that now there is so much content being proliferated via digital media which is not in long lasting physical media form, this could cause a dark ages missing ages type of effect in the future if the data was not somehow maintained in a dedicated d

Start-ups 75

Start-ups 75

Law 360 M&A

AUGUST 21, 2023

Though the mockumentary series “Jury Duty” features purposely outrageous characters, it offers a solemn lesson about the simple but brilliant design of the right to trial by jury, with an unwitting protagonist who even John Adams may have welcomed as an impartial foreperson, says Fifth Circuit Judge Jennifer Elrod.

72

72

Mckinsey and Company

AUGUST 21, 2023

Alk Brand, CEO of Westfalia Fruit—a global avocado company—outlines strategies for consumer goods companies to achieve growth in new markets.

Marketability 69

Marketability 69

Appraisers Blog

AUGUST 21, 2023

In reply to Baggins. [link] O.k., dot org not dot com. Third times a charm. Many more hits too. That’s how the archive works, just keep at it and eventually you get there. Below, three in a row, the ‘about us’ commentary from Pam.

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75

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

Financial Times M&A

AUGUST 21, 2023

Vietnamese EV maker VinFast floats through the back door

98

98

Appraisers Blog

AUGUST 21, 2023

In reply to Baggins. Oh sorry, I picked the wrong website, just going by memory. Above I researched stopmortgagefraud dot com. But Pams site was; [link] Let’s do the same thing again instead. [link] Oh yes, far less content here, so we get the interactive calendar instead. Click and go, screen save image with snipping tool, and that’s how it’s done.

Appraisal 75

Appraisal 75

Financial Times M&A

AUGUST 21, 2023

Agreement comes amid return of M&A in upstream oil and gas sector as cash-rich producers search for drilling sites

72

72

Mckinsey and Company

AUGUST 21, 2023

Cost and schedule overruns are the norm in big capital projects. Here’s how to uncover and tackle the reasons.

71

71

Peak Business Valuation

AUGUST 21, 2023

Property management firms oversee residential and non-residential real estate for property owners. This can include providing maintenance, rent collection, trash removal, security, and renovation services. In recent years, the property management industry has seen healthy growth, generating over $114 billion dollars in revenue. Moving forward, we can expect revenue rates to increase.

Discounted Cash Flow 52

Discounted Cash Flow Business Valuation Appraisal EBITDA 52

Benzinga

AUGUST 21, 2023

RBC Bearings Incorporated (NYSE: RBC ) has acquired the business assets of Specline Inc , a manufacturer of precision bearings for the commercial and defense aerospace markets, for $18.7 million. Founded in 1970 and headquartered in Carson City, Nevada, Specline. Full story available on Benzinga.

Marketability 52

Marketability Equity 52

Shephard Mullin M&A

AUGUST 21, 2023

Acquisition agreements in M&A transactions frequently include provision for payment to be made at closing based on estimates of certain financial metrics that are later subject to a purchase price adjustment based on a final determination (referred to as a “true-up”) within a few months following closing. These metrics may include a target’s cash, debt, unpaid transaction expenses and working capital (excluding cash), and sometimes others.

Accounting Firms 52

Accounting Firms Appraisal 52

Benzinga

AUGUST 21, 2023

Friday, Medical Properties Trust Inc (NYSE: MPW ) issued a statement to clarify issues in a Wall Street Journal story published earlier that day. The WSJ report stated that a California state regulator on July 20 ordered the transaction between Medical Properties Trust and Prospect Medical Holdings to be put on hold, according to the order the regulator sent to Prospect.

Finance 52

Finance 52

Rhythm Systems

AUGUST 21, 2023

This blog aims to demystify the science behind KPIs and critical numbers, focusing specifically on marketing and advertising agencies and how they can leverage the power of the Rhythm System to achieve sustainable growth.

Marketability 52

Marketability 52

Benzinga

AUGUST 21, 2023

Trucking company Old Dominion Freight Line Inc (NASDAQ: ODFL ) has offered $1.5 billion to acquire Yellow Corp’s (NASDAQ: YELL ) 169 terminals out of bankruptcy. The offer price represents more than a previous offer from Estes Express Lines of $1.3 billion. The offer, disclosed in papers filed August 18 in Delaware bankruptcy court, exceeds the $1.3 billion proposed stalking horse bid, Estes.

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52

IBG Business

AUGUST 21, 2023

A powerful tool in negotiating a business’s purchase price, an earnout can bridge the gap between the amount that a buyer is willing to pay and the seller is willing to accept. One of the roadblocks that commonly arise in structuring a business sale stems from differing viewpoints of value. Most sellers see maximum profit potential, while most buyers see risk and past earnings.

EBITDA 52

EBITDA 52

Benzinga

AUGUST 21, 2023

Greenlight has executed definitive agreements to acquire an operating adult-use dispensary in Las Vegas, Nevada, and a cultivation facility in Buckhannon, West Virginia. Upon approval by the regulatory bodies, Greenlight will have 30 operating dispensaries and over 200,000 sq. ft. of cultivation and manufacturing space in 6 states. Greenlight has also issued a third seven-figure dividend to its shareholders, following the first-ever issuance of a dividend by an MSO in April of this year.

Dividends 52

Dividends Marketability 52

IBG Business

AUGUST 21, 2023

TULSA, Okla. – Superior Overhead Door has been purchased by an individual buyer in a brokered sale that closed August 8, 2023. Based in Broken Arrow, Oklahoma, Superior Overhead Door is a licensed contractor specializing in the design, installation, and maintenance of commercial and residential overhead garage doors. IBG Business facilitated the sale, for which terms are not disclosed at the parties’ requests.

Marketability 52

Marketability 52

Benzinga

AUGUST 21, 2023

ClearBridge Investments LLC sent a letter to the Chairman and Chief Executive Officer and the lead independent director of Forward Air Corporation (NASDAQ: FWRD ) urging the company's board to reconsider its recently announced intention to buy Omni Logistics. ClearBridge Investments, a wholly-owned subsidiary of Franklin Resources, has. Full story available on Benzinga.

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52

Sun Acquisitions

AUGUST 21, 2023

Mergers and acquisitions (M&A) have long been a strategic tool for businesses looking to expand, gain a competitive advantage, or diversify their offerings. While M&A can be a complex and challenging process, it also presents opportunities for growth and transformation. This blog post will explore the art of successful mergers and acquisitions for privately held businesses, from vision to reality.

Marketability 52

Marketability Technology 52

Benzinga

AUGUST 21, 2023

Permian Resources (NYSE: PR ) has announced an acquisition of Earthstone Energy (NYSE: ESTE ) that is expected to be completed 2023. Under the terms of the agreement, Permian Resources has agreed to give Earthstone Energy $4.50 billion in stock in exchange for ESTE stock. About The Companies Involved Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil a

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52

Appraisers Blog

AUGUST 21, 2023

The GSEs have been collecting & analyzing appraisal data since 2011. This data is now available to the public but not highly detailed.

Appraisal 75

Appraisal 75

Benzinga

AUGUST 21, 2023

Wall Street Journal Mark Vs. Elon: Meta's Threads Prepares To Counter Musk's X With Web Version Meta Platforms Inc (NASDAQ: META ) is gearing up to launch a desktop version of its microblogging application, Threads. The anticipated web version seeks to address a significant request from its user base and comes as a notable upgrade to its rivalry against Elon Musk's X.

Marketability 52

Marketability 52

NYT M&A

AUGUST 21, 2023

The I.P.O. filing means Arm can begin to gauge investor interest, which will be critical to the share sale.

Mergers & Acquisitions 80

Mergers & Acquisitions 80

Benzinga

AUGUST 21, 2023

Broadcom Inc (NASDAQ: AVGO ) shares are trading higher Monday after the company affirmed its expectation that its VMware Inc (NYSE: VMW ) acquisition will close at the end of October. What Happened: Broadcom said it expects the acquisition of VMware to close on Oct. 30 after making progress with various regulatory authorities. The company received final transaction approval from the United Kingdom's Competition and Markets Authority.

Marketability 52

Marketability 52