Fri.Sep 01, 2023

article thumbnail

Trends in Shareholder Proposals

Harvard Corporate Governance

Posted by Nathan Williams, Jamie McGough, and Donald Kalfen, Meridian Compensation Partners, on Friday, September 1, 2023 Editor's Note: Nathan Williams is a Lead Consultant, and Jamie McGough and Donald Kalfen are Partners at Meridian Compensation Partners. This post is based on their Meridian Compensation Partners memorandum. Shareholder proposals are a common part of the governance landscape.

269
269
article thumbnail

LaPorte Acquires Gomez & Company

LaPorte

Effective September 1, 2023, Gomez & Company joined regional firm LaPorte CPAs & Business Advisors (LaPorte) through an asset acquisition, according to LaPorte President and… The post LaPorte Acquires Gomez & Company first appeared on LaPorte.

98
Insiders

Sign Up for our Newsletter

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

article thumbnail

Weekly Roundup: August 25-31, 2023

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 1, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of August 25-31, 2023. CalSTRS Escalates Efforts to Hold Global Companies Accountable for Not Adequately Disclosing Climate Change Risks Posted by Rebecca Forée, and Aeisha Mastagni, California State Teachers’ Retirement System, on Friday, August 25, 2023 Tags: Board of Directors , CalSTRS , Climat

article thumbnail

How agile operating models benefit risk and compliance functions

Mckinsey and Company

After bringing agile operating models to customer-facing, frontline business units, financial institutions are also seeing the benefits of agile for risk and compliance functions.

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

Can New ESOP-Owned Companies Make Acquisitions?

Butcher Joseph & Co.

Newly formed ESOP-companies may come across opportunities to acquire companies. If they lack the necessary cash or debt capacity for an acquisition, t. The post Can New ESOP-Owned Companies Make Acquisitions? appeared first on ButcherJoseph & Co.

89
article thumbnail

Nevada Supreme Court Holds That Temporary Closing During Pandemic Did Not Violation of This "Ordinary Course" Covenant

National Law Review M&A

Merger and acquisition agreements include a promise by seller to continue to operate the business in ordinary course. This is included to provide assurance to buyer that business will not change materially during period between signing purchase agreement and the closing.

88

More Trending

article thumbnail

The role of natural gas in the move to cleaner, more reliable power

Mckinsey and Company

Natural gas can play a critical role in decarbonizing US power supply by providing a backup energy supply for renewables—but infrastructure investments and market mechanisms will be needed.

article thumbnail

Your Business May Need to Comply with New Corporate Transparency Law

Gross Mendelsohn

There’s a new law that should be on the radar screen of most small- and medium-sized business owners. The Corporate Transparency Act (CTA), passed in 2021, will require many businesses to take action in 2024. Now is the time for business owners to be aware of what’s coming down the pike with the new law, understand how they might be affected and the steps they need to take to comply.

82
article thumbnail

EU set to block Booking’s €1.63bn purchase of Etraveli

Financial Times M&A

Regulators are concerned deal would consolidate US travel site’s market position and hurt rivals

article thumbnail

The Post-Pandemic New "Work" Order & Design Trends

ISA

8/29/2023 12:00:00 AM The media speculated that after the long COVID lock-down, consumers’ day-to-day life would return to the fast paced, activity-filled, dining-out-often existence, including returning to the office for work, that was typical of pre-pandemic life. Quite the opposite, the reality has been that people are continuing to use their homes as their primary workplace, the preferred place to entertain, and a sanctuary to relax and exercise a more financially conservative lifestyl

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

T-Mobile 'Hindering A Rival,' Dish Says In Spectrum Buy Row

Law 360 M&A

The fight over Dish's bid for a 10-month extension on its deadline to buy spectrum from T-Mobile, divested as part of the Sprint merger clearance settlement, escalated Friday in D.C. federal court, with Dish accusing T-Mobile of opposing the delay just to hinder a potential wireless rival.

75
article thumbnail

Amgen resolves US regulator’s challenge to $28bn Horizon deal

Financial Times M&A

Federal Trade Commission said it secured concessions from pharma company to resolve its competition concerns

88
article thumbnail

After Approving Booking.com-Etraveli Deal, European Regulatory Set To Block The Deal

Benzinga

European Union regulators are poised to block the €1.63 billion acquisition of Sweden's Etraveli Group by US online travel site Booking Holdings Inc (NASDAQ: BKNG ) due to concerns over competition. This decision diverges from the stance taken by the UK's Competition and Markets Authority, which approved the deal a year ago. In November 2021, Booking announced its intention to acquire Etraveli, known for brands like Gotogate and Mytrip and owned by private equity giant.

Equity 59
article thumbnail

Benchmark International Successfully Facilitated The Acquisition Of Greatsoft, By Vela Software

Benchmark Report

Benchmark International is pleased to announce the successful sale of South African-based GreatSoft to the globally recognized Vela Software International Inc., a subsidiary of Constellation Software Inc.

59
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

Amgen-Horizon Therapeutics $28B Acquisition: Federal Trade Commission Gives Green Signal

Benzinga

The U.S. Federal Trade Commission (FTC) has approved drug manufacturer Amgen Inc (NASDAQ: AMGN ) to proceed with its $27.8 billion acquisition of Horizon Therapeutics Plc (NASDAQ: HZNP ). This decision reverses the FTC's earlier objections to the deal. In May, the FTC filed a lawsuit to block the transaction but later suspended its opposition in late August.

59
article thumbnail

Benchmark International Has Facilitated The Transaction Between Corporate Health Ireland (CHI) And PAM Occupational Health Services Group

Benchmark Report

Benchmark International is pleased to announce the acquisition of Corporate Health Ireland (CHI) by UK based PAM Occupational Health Services Group.

59
article thumbnail

Power Play: Shell Divests Home Energy Business In UK & Germany To Octopus Energy

Benzinga

Shell PLC (NYSE: SHEL ) inked a deal with Octopus Energy Group to sell its home energy businesses , Shell Energy Retail Limited (SERL) in the U.K. and Shell Energy Retail GmbH (SERG) in Germany, for an undisclosed amount. Shell's home energy businesses offer domestic gas, power, and broadband services to around two million customers. The transaction, effective September 1, is expected to close in Q4 FY23, subject to regulatory approval.

Equity 59
article thumbnail

Your Business May Need to Comply with New Corporate Transparency Act

Gross Mendelsohn

There’s a new law that should be on the radar screen of most small- and medium-sized business owners. The Corporate Transparency Act (CTA), passed in 2021, will require many businesses to take action in 2024. Now is the time for business owners to be aware of what’s coming down the pike with the new law, understand how they might be affected and the steps they need to take to comply.

52
article thumbnail

Timeless Wisdom

Chris Mercer

I recently read a post on Chad Barr’s blog, Timeless Wisdom to Unlock and Thrive , that offered up some short and timeless nuggets of wisdom for those of us in the professional services world – and elsewhere, as well. Some of that wisdom included quotes by the following: Steve Jobs: “Start with the customer experience and work backwards.

article thumbnail

Machinery and Equipment Appraisals for SBA Lending

Peak Business Valuation

As an individual seeking SBA financing , an SBA lender may request a machinery and equipment appraisal. In the world of small business lending, making informed decisions is key for both lenders and borrowers. A comprehensive machinery and equipment appraisal can provide valuable insights for both borrowers and lenders. It also enables SBA lenders to assess the true value of collateral when making financing decisions.

article thumbnail

Themes from Q2 2023 Earnings Calls

Auto Dealer Valuation Insights

In our most recent earnings call blog post, Themes from Q2 2023 Earnings Calls: Part 1 – Upstream, common themes from E&P companies included alternate routes to maintain production levels, expectations of a further reduction in inventories, and declines in drilling and completion activity in the Haynesville Shale from recently depressed natural gas prices.

52
article thumbnail

SaaS Gross Margins and How to Increase Yours

Lighter Capital

The success of a SaaS company depends not only on its customers and revenue, but also on particular financial metrics that drive sustainable growth. One key profitability metric is gross margin : the total revenue left after deducting the costs of goods sold (COGS) in a given period. Gross margin is important for several reasons: It puts your startup on the path to profitability, It’s a good indicator of scalability; and Investors use it to evaluate and value your startup.

Finance 52
article thumbnail

What Can We Make of Goldman’s Brief Foray into the Mass Affluent Space?

Auto Dealer Valuation Insights

It seems unlikely that Goldman Sachs intended to own United Capital’s mass affluent business for only four years after its $750 million purchase in 2019. Especially considering that Goldman went through the trouble of rebranding the business to Personal Financial Management in an effort to offer more products and services to retail investors. The PFM division has approximately $29 billion in AUM.

52
article thumbnail

Appraiser Newsroom - Untitled Article

Appraiser Newsroom

For nearly five decades the NAIFA Education & Research Trust has sponsored educational research and charitable activities related to the advancement of the real property appraisal profession. Founded in 1977, the trust is managed by a board of directors who sit as trustees but have no other legal connection with the trust, which manages its affairs independently of ASA post-merger with NAIFA.

article thumbnail

FCF Interest & Corporate Loan Monitor Q2/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is pleased to publish the new “FCF Interest & Corporate Loan Monitor Q2/2023”. FCF regularly conducts comprehensive research regarding the German corporate loan and interest market, based on publically available. Read more The post FCF Interest & Corporate Loan Monitor Q2/2023 published appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

Appraiser Newsroom - Untitled Article

Appraiser Newsroom

IT’S FINALLY HERE! The ASA Educational Foundation’s 2023 Virtual Auction is now live! When: ASAEF’s online silent auction will begin Friday, September 1, 2023, and run 30 days to Tuesday, October 3, 2023. How: Bidding takes place online at [link]. Where: This popular tradition is held in conjunction with the 2023 ASA International Conference.

article thumbnail

Frasers/Boohoo: unloved British fashion group catches Ashley’s eye

Financial Times M&A

A subtler approach than consolidation could be key

93
article thumbnail

Globus Medical Completes Merger with NuVasive

Benzinga

—Creates leading global musculoskeletal company— —Robust portfolio well-positioned for long-term growth and continued innovation— AUDUBON, Pa., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED ), a leading musculoskeletal solutions company, today announced it has completed its previously announced merger with NuVasive, Inc. The combined company will provide surgeons and patients with one of the most comprehensive offerings of musculoskeletal procedural solutions and enabling t

article thumbnail

Understanding En Bloc Value: Everything You Need to Know

Equilest

Curious to delve deeper into the intricate world of en bloc sales? Read more to uncover how location, market trends, and financial considerations shape the value of collective property sales, and gain insights into the risks, benefits, and step-by-step process that define this dynamic real estate phenomenon In the world of real estate, terms like "en bloc value" often emerge, carrying a significant impact on property transactions and investments.

article thumbnail

Optimum Ventures Announces Securityholder Approval of Plan of Arrangement With Blackwolf Copper and Gold Ltd.

Benzinga

VANCOUVER, British Columbia, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Optimum Ventures Ltd. ("Optimum" or the "Company") (TSXV: OPV ) is pleased to announce that Blackwolf Copper and Gold Ltd.'s (" Blackwolf ") proposed acquisition of all of the outstanding securities of the Company by plan of arrangement (the " Arrangement ") was overwhelmingly approved at the Company's annual general and special meeting of securityholders held on August 31, 2023 (the " Meeting ").

45
article thumbnail

Attys Prepare For IPO Pickup As Market Shows Signs Of Life

Law 360 M&A

Capital markets lawyers are preparing to steer more initial public offerings this autumn, bolstered by an uptick in new listings and several notable filings that signal a potential IPO rebound, though experts caution the bounce-back could hinge on how headline offerings perform.

article thumbnail

Bosch completes acquisition of assets of TSI Semiconductors

Benzinga

Roseville, California, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Former TSI in Roseville now part of Robert Bosch Semiconductor LLC Semiconductor industry specialist Thorsten Scheer is heading the new organization as plant manager of Roseville and regional president of the Bosch Automotive Electronics division in North America California Competes Tax Credit incentive of $25 million approved as part of funding opportunities to support planned $1.5 billion investment into the site by Bosch Bosch has com

article thumbnail

UK Litigation Roundup: Here's What You Missed In London

Law 360 M&A

The past week in London has seen a collapsed funeral plan business sue its former director, gambling hall operator MaxBet hedge its bets in two new claims over a soured acquisition, and BMW face more class action litigation over the "Dieselgate" scandal. Here, Law360 looks at these and other new claims in the U.K.

40
article thumbnail

UMA Education, Inc. Acquires American Institute

Benzinga

Tampa, Fla., Sept. 01, 2023 (GLOBE NEWSWIRE) -- UMA Education, Inc., (UMA), the organization that operates Ultimate Medical Academy, a non-profit higher education institution with the mission of equipping and empowering students to excel in healthcare careers, today announced the acquisition of American Institute, a career education school focused largely on healthcare training with five campus locations in Connecticut and New Jersey.

45