Harvard Corporate Governance

JUNE 8, 2023

Posted by Julian F. Kölbel (University of St. Gallen), on Thursday, June 8, 2023 Editor's Note: Julian F. Kölbel is Assistant Professor of Sustainable Finance at the University of St. Gallen. This post is based on a recent paper, forthcoming in the Review of Financial Studies, by Professor Kölbel; Florian Heeb, Postdoctoral Associate at the MIT Sloan School of Management; Falko Paetzold , Assistant Professor for Social Finance at EBS University; and Stefan Zeisberger , Associate Professor of Fi

Finance 246

Finance 246

Mckinsey and Company

JUNE 8, 2023

Consumers already know what they want at the intersection of virtual and physical retail. It’s up to companies to evolve their strategies to capture growth and long-term value.

Marketability 105

Marketability 105

Harvard Corporate Governance

JUNE 8, 2023

Posted by Rory K. Schneider and Colin O. Lubelczyk, Mayer Brown LLP, on Thursday, June 8, 2023 Editor's Note: Rory K. Schneider is a Partner and Colin O. Lubelczyk is an Associate at Mayer Brown LLP. This post is based on a Mayer Brown memorandum by Mr. Schneider, Mr. Lubelczyk, Martha E. McGarry , Andrew J. Noreuil , and Camila Panama and is part of the Delaware law series ; links to other posts in the series are available here.

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Rhythm Systems

JUNE 8, 2023

We all have goals, but achieving them can be daunting. It is common knowledge that most goals fail because of a lack of consistency and accountability. Establishing a habit-forming rhythm of work with a structured cadence process can fix this problem early in the process of creating atomic habits. By integrating technology with an approach toward strategic goal planning, organizations can establish a way to set and achieve their long-term goals.

Technology 98

Technology 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

Equidam

JUNE 8, 2023

For over a decade Equidam has supported founders (and investors) with the challenge of setting a fair valuation for their ventures. When we started, in 2012, valuation was a hot topic in the fundraising process and venture capital was not as easy to come by. In the years since, a variety of factors produced a more relaxed attitude toward deal terms.

Start-ups 78

Start-ups Finance Equity Marketability 78

Mckinsey and Company

JUNE 8, 2023

The founder and CEO of thermondo discusses how he launched and scaled a fully integrated home heating services company in Germany, and the challenges he faced building a green-tech business.

Marketability 74

Marketability 74

Mckinsey and Company

JUNE 8, 2023

Social media comprises the applications and websites that allow people to interact with other users, businesses, communities, and content.

Marketability 84

Marketability 84

Financial Times M&A

JUNE 8, 2023

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

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Mckinsey and Company

JUNE 8, 2023

With consumer expectations rising and regulatory scrutiny intensifying, pressure is mounting on consumer-packaged goods companies to ensure their supply chains are socially responsible.

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Reynolds Holding

JUNE 8, 2023

In a recent paper , we examine whether listed bank holding companies (BHCs) that are small enough to stay private are riskier than private BHCs that are large enough to go public but have opted not to do so. Some arguments suggest that listed firms are likely to be riskier than private firms. Among them are that institutional investors (or blockholders) demand superior quarterly earnings results and that strong incentives in top management compensation packages might influence a listed firm’s i

Banking 59

Banking Equity Marketability Finance 59

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

Mckinsey and Company

JUNE 8, 2023

A data mesh can help large organizations manage data successfully—if it’s understood that implementing one involves more than technology considerations.

Technology 66

Technology 66

M&A Leadership Council

JUNE 8, 2023

Before Launching Your Next Integration Take a Good Look by Mark Herndon, Chairman Emeritus, M&A Leadership Council It’s not a trick question: “How do you know you're ready to launch integration planning?” Our answer? Not until you’ve done THIS – created a comprehensive Integration Strategy Framework (ISF). We’ve studied, consulted, and written extensively about the importance of conducting a thorough ISF.

Technology 59

Technology Marketability 59

Exit Strategy

JUNE 8, 2023

In Part 1 of 2 of this blog, I spoke about my transition from valuing venture-backed technology startups to valuing owner-operated small to middle-market businesses with $2 million to $50 million in revenue. As part of that discussion, I set the stage for three differences in how these types of businesses are valued, specifically differences […] The post A Difference of Opinions: Closely-Held vs.

Technology 52

Technology Marketability Business Valuation 52

LaPorte

JUNE 8, 2023

Lenders continue to digest the long-term implications of recent failures as the fallout focus shifts to potential trouble spots. The post Commercial real estate is high among bankers’ debt concerns first appeared on LaPorte.

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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

JUNE 8, 2023

Simpson Thacher & Bartlett LLP said Thursday it has hired a pair of partners from Paul Weiss Rifkind Wharton & Garrison LLP and Latham & Watkins LLP to serve as co-leads of its alternative capital and private credit practice in New York.

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ThomsonReuters

JUNE 8, 2023

In today’s competitive audit landscape, organizations must stay ahead of the curve to ensure they have the best audit staff in their workforce. To do this, it is essential to have a comprehensive recruitment and retention plan that incorporates key strategies such as technology, data analytics, and fostering an engaging work environment. These strategies help companies make informed decisions about their recruitment and retention processes by optimizing their recruitment process with techn

Technology 52

Technology Data Analysis 52

Peak Business Valuation

JUNE 8, 2023

Bakery equipment appraisals are essential for a bakery business that uses machinery. An equipment appraisal values bakery equipment. This helps a bakery business owner make informed decisions about buying, selling, or insuring the equipment. Without an appraisal, bakeries risk overpaying and facing financial loss or legal disputes. Accurate and unbiased equipment appraisals are crucial in decision-making.

Appraisal 52

Appraisal Business Valuation Fair Market Value Liquidation Value 52

Mogin Rubin M&A

JUNE 8, 2023

U.S. Judge Leo T. Sorokin has permanently enjoined American Airlines and JetBlue from continuing their Northeast Alliance (“NEA”), in which the judge said the pair act as one company, replacing “full-throated competition” with “broad coordination” of business in and out of Boston and New York. That coordination includes trading information on which routes to fly, which company will fly them, and the seating capacity needed to accommodate passengers.

Mergers & Acquisitions 52

Mergers & Acquisitions 52

Peak Business Valuation

JUNE 8, 2023

It is important to know what questions to ask a bookkeeper before hiring them. Peak Bookkeeping helps business owners in every industry to make better-educated decisions as they grow their businesses. Below we discuss some of the frequently asked questions about Peak Bookkeeping. For further information, schedule a free consultation today and get started with your first month of bookkeeping for free!

Business Valuation 52

Business Valuation Start-ups Banking Appraisal 52

Benzinga

JUNE 8, 2023

Stantec Inc (NYSE: STN ) has agreed to buy Environmental Systems Design, Inc. (ESD), a 270-person engineering firm based in Chicago. Deal terms not disclosed. The transaction significantly deepens Stantec's mission-critical facilities and data center design expertise. ESD will strengthen Stantec's mechanical, electrical, plumbing, and structural engineering practice.

Equity 52

Equity Marketability 52

Benchmark Report

JUNE 8, 2023

The seller, Brookshire Learning Center , is an early childhood development institution that prepares children for learning in an engaging and secure atmosphere. Their numerous premier award-winning facilities stretching across Indiana, support the needs of families in local communities by superseding conventional daycare options.

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Biz Equity

JUNE 8, 2023

In a survey of over 1,000 small business owners , 86% reported considering their accountant a trusted advisor. In fact, business owners trust their accounts more than any other advisor, including family and friends, lawyers, and financial planners.

Business Valuation 52

Business Valuation 52

ThomsonReuters

JUNE 8, 2023

Resolution Agreement: MedEvolve, Inc. (March 17, 2023); HHS Press Release (May 16, 2023) Available at [link] HHS has announced a resolution agreement with a business associate that had contracts with two covered health care entities to handle and protect individual electronic protected health information (ePHI) containing sensitive information such as patient names, billing addresses, telephone numbers, primary health insurers, and social security numbers.

Compliance 52

Compliance 52

Benzinga

JUNE 8, 2023

BlackRock Inc (NYSE: BLK ) announced a deal to acquire Kreos Capital for undisclosed terms. Kreos offers growth and venture debt financing to companies in the technology and healthcare industries. Kreos is headquartered in London and its 45-person team will join BlackRock as part of the transaction. The acquisition will complement BlackRock's Global Credit business and enhance its position as a global credit asset manager.

Debt Financing 52

Debt Financing Finance Technology Equity 52

ThomsonReuters

JUNE 8, 2023

Tolomeo v. R.R. Donnelley & Sons, Inc., 2023 WL 3455301 (N.D. Ill. 2023) Participants in a “mega” 401(k) plan (i.e., a plan with over $500 million in assets) brought this lawsuit claiming that their employer and plan benefits committee breached their fiduciary duty of prudence by allowing the plan to pay excessive bundled recordkeeping and administrative fees, and that the employer and its board of directors breached their duty to monitor those fees.

Compliance 52

Compliance Marketability 52

Benzinga

JUNE 8, 2023

Novartis AG's (NYSE: NVS ) generics unit Sandoz tells investors it can add $3 billion in annual sales over the next five years from launching new products after it spins out of its parent company later this year. Sandoz says the biosimilar pipeline has trebled in size over recent years, with 24 products, on top of a core generic pipeline of more than 400 products.

Marketability 52

Marketability 52

ThomsonReuters

JUNE 8, 2023

QUESTION: We are required to file Form 5500 for several of our company’s employee benefit plans, and we are not sure that we will be able to file all of them on time. What do we need to do to get an extension? ANSWER: An extension for filing Form 5500 (Annual Return/Report of Employee Benefit Plan) is obtained by filing Form 5558 (Application for Extension of Time to File Certain Employee Plan Returns) on or before the regular Form 5500 due date, which is seven months after the end of the plan

Compliance 52

Compliance 52

Benzinga

JUNE 8, 2023

Sunderstorm has acquired Nevada-based Abide Brands, maker of Bounti Vapes. The acquisition allows Sunderstorm to add valuable team members and a new product category to its Nevada portfolio. This is the first acquisition for the California-based company, and it marks the start of a new phase of growth that will include expanding its categories nationally.

Marketability 52

Marketability 52

ThomsonReuters

JUNE 8, 2023

Tax season can be a hectic time for tax professionals, but the off-season is a perfect opportunity to take stock of your practice and make sure you’re ready for the upcoming year. By following these five simple steps, you can make sure that your practice is running smoothly and that you’re well-prepared to provide the best service to your clients. 1.

Start-ups 52

Start-ups Technology 52

Mckinsey and Company

JUNE 8, 2023

Consumer behaviors are diverging in sometimes paradoxical directions. How can companies quickly detect—and respond to—these trends?

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Avanade

JUNE 8, 2023

Generative AI presents an unprecedented opportunity for government and public service agencies through information that can help citizens.

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Financial Times M&A

JUNE 8, 2023

Trio including Xavier Niel prepare new rescue plan to compete with Czech billionaire Daniel Křetínský

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John Jenkins

JUNE 8, 2023

My colleague Liz Dunshee has a long-running “Women Governance Trailblazers” podcast over on TheCorporateCounsel.net. Recently, Liz & her co-host Courtney Kamlet interviewed Christina Bresani, who heads William Blair’s corporate advisory practice.

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Law 360 M&A

JUNE 8, 2023

A public interest group urged the Fifth Circuit on Thursday to declare the Federal Trade Commission's structure unconstitutional in a filing supporting Illumina Inc.'s appeal of the commission's order unwinding the DNA sequencing company's repurchase of cancer testing outfit Grail.

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