Harvard Corporate Governance

OCTOBER 6, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, October 6, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 29-October 5, 2023 Startup Failure Posted by Elizabeth Pollman (University of Pennsylvania), on Friday, September 29, 2023 Tags: Bankruptcy , Exit , M&A , Startups Risk Management and the Board of Directors Posted by Martin Lipton, John Savarese, and Sarah K.

Equity 189

Equity Marketability Technology 189

IVSC

OCTOBER 6, 2023

The IVAS-IVSC Business Valuation Conference 2023, held under the theme “ The Future of Business Valuation: Embracing Shifts and Innovation ,” was a resounding success. This two-day event brought together key VIPs and valuation experts to discuss the evolving landscape of business valuation. Programme Highlights Day 1: October 3, 2023 The first day of the conference featured a diverse programme: Welcome Remarks by IVAS and IVSC: Mr Lie Kok Keong and Mrs Lim Hwee Hua extended warm welc

Business Valuation 130

Business Valuation Intangible Assets Treasury Banking 130

NYT M&A

OCTOBER 6, 2023

Exxon Mobil is reportedly in talks to buy Pioneer Natural Resources, a major shale driller, in what would be the biggest takeover of the year.

Mergers & Acquisitions 119

Mergers & Acquisitions 119

Appraisers Blog

OCTOBER 6, 2023

I read the article about State Tips with extreme interest as I recently became aware that a complaint had been filled against me with the State. I saw where somebody above commented that they had a complaint also and that FNMA was not accepting the comps they had used and wanted other comps that the appraiser considered to be not comps. I also see that somebody replied to his post that there had to be more to the story as that didn’t make sense.

Appraisal 98

Appraisal Comps Marketability 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

Benzinga

OCTOBER 6, 2023

Exxon Mobil Corp (NYSE: XOM ) shares are trading lower Friday after reports surfaced that it is nearing the completion of a $60 billion acquisition. The move sent shares of the target company, Pioneer Natural Resources Co (NYSE: PXD ), nearly 10% higher. Exxon Mobil aims to further solidify its foothold in the U.S. oil sector, especially the lucrative Permian shale basin.

Marketability 98

Marketability 98

Mckinsey and Company

OCTOBER 6, 2023

Novel approaches and materials could help the cement industry transition to a decarbonized future. Moving forward, players with strategic approaches to new technologies could have an edge.

Technology 94

Technology 94

Mckinsey and Company

OCTOBER 6, 2023

Tokenization is the process of issuing a digital representation of an asset on a blockchain.

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128

Avanade

OCTOBER 6, 2023

Explore why providers and care teams need an AI Copilot to make the workplace better and focus on what matters most.

93

93

Appraisers Blog

OCTOBER 6, 2023

The hits keep coming. Another consortium of lenders and governance people, referring to the Brookings report. Someone needs to physically paper mail every one of these people the AEI Housing Center Tobias report as well, as linked above. Someone please take the time to spread that document around to these people before it’s too late. They all just refer to the Brookings report and have no clue it’s been so thoroughly discredited.

Appraisal 76

Appraisal 76

ThomsonReuters

OCTOBER 6, 2023

Jump to: Modernizing document collection Meeting c lient e xpectations Automating d ata e ntry Revamp the r eview p rocess Better delivery to clients A talent management advantage Planning a 1040 digital tax transformation Many tax firms know their tax preparation process is not as efficient as it should be—and it’s costing them money and opportunity.

Technology 64

Technology Start-ups Accounting Firms 64

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

OCTOBER 6, 2023

In reply to Retired Appraiser. I hope you and your family are among the first to go through updated GSE lending portals, once the appraisal position is fully eliminated. You’re going to need that extra income to cover the pending swindle.

Appraisal 76

Appraisal 76

The Guardian M&A

OCTOBER 6, 2023

Rumours of potential swoop by international rivals drives up shares in UK’s biggest insurer Nils Pratley: Aviva no longer needs a rescue Shares in Aviva, the UK’s biggest insurer, jumped after reports that it could be the target of a takeover by a foreign buyer. Its shares rose as much as 10% at one point on Friday before closing 5% higher at 407.9p, valuing the company at £11.2bn and catapulting it to the top of the FTSE 100 index.

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69

Law 360 M&A

OCTOBER 6, 2023

Mortgage company AmeriFirst Financial Inc. asked a Delaware bankruptcy judge to approve a private sale of loans to pay off two warehouse lenders and secure $1.4 million for its coffers.

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68

Appraisers Blog

OCTOBER 6, 2023

In reply to Baggins. ‘Low ball appraisals’ These people are not experts. This is not credible, well researched, or well written.

Appraisal 75

Appraisal 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

Benzinga

OCTOBER 6, 2023

According to a report on Thursday, French pharma company Sanofi SA (NASDAQ: SNY ) is reportedly exploring a potential acquisition of cancer drugmaker Mirati Therapeutics Inc (NASDAQ: MRTX ). The deal would potentially bolster Sanofi's drug pipeline, helping the company to reduce its reliance on the blockbuster asthma medicine Dupixent. Sanofi's backing would also help Mirati commercialize Krazati and fund treatment and further studies, Bloomberg noted.

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59

Sun Acquisitions

OCTOBER 6, 2023

Building a business from the ground up is an incredible achievement. Still, there may come a time when selling your beloved business becomes the right choice. While the decision to sell can bring a sense of freedom and new opportunities, it is not uncommon for concerns and fears to arise during this process. In this blog post, we will explore common fears entrepreneurs face when selling their businesses and discuss strategies to overcome them, ensuring a successful transition into the next phase

Start-ups 59

Start-ups 59

Financial Times M&A

OCTOBER 6, 2023

Potential deal would be oil supermajor’s biggest for almost a quarter of a century

92

92

Mckinsey and Company

OCTOBER 6, 2023

Agile-for-hardware product development can reduce time-to-market and improve quality and productivity. Five key changes can help leaders capture the benefits of agile for hardware.

Marketability 61

Marketability 61

LaPorte

OCTOBER 6, 2023

(authored by RSM US LLP) The Treasury Department and the IRS released the 2023-2024 Priority Guidance Plan, which contains a number of items affecting exempt organizations. The post Priority Guidance Plan 2023-2024 first appeared on LaPorte.

Treasury 52

Treasury 52

Peak Business Valuation

OCTOBER 6, 2023

Businesses in the carpentry industry provide framing, carpentry, and finishing work for residential and commercial building markets. This industry has struggled in recent years. According to IBIS World , the carpentry industry has seen a decline in revenue and profit margins. This may be attributed to the declining value of construction as well as increased competition within the area.

Business Valuation 52

Business Valuation Finance Start-ups Appraisal 52

Benzinga

OCTOBER 6, 2023

The merger between the PGA Tour and Saudi-backed LIV Golf , initially set to be finalized by December 31, faces potential delays amid regulatory concerns in the U.S. and demands by PGA Tour players for a stake. The players, guided by the Raine Group , are instrumental in the ongoing negotiations, underscoring a shift from earlier discussions that excluded them.

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52

Auto Dealer Valuation Insights

OCTOBER 6, 2023

The UAW strike officially began Friday, September 15th. Before this, there was much posturing on either side and auto dealer executives downplayed concerns. For context, UAW President Shawn Fain was elected in March 2023, which may play a role in a more contentious, protracted fight. On August 25th, the UAW had a 97% approval of its voting members to strike, with the Union representing.

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52

Benzinga

OCTOBER 6, 2023

Global Insurance Brokers , a provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent, announces its acquisition by Aon plc (NYSE: AON ). Deal terms not disclosed. The acquisition, pending regulatory approval, is set to enhance Aon's capabilities in commercial risk, health, and reinsurance markets, and expand its geographical footprint.

Marketability 52

Marketability Equity 52

Benchmark Report

OCTOBER 6, 2023

Benchmark International announcing the winner of the AFSIC 2023 lucky draw. AFSIC is the largest event outside of Africa that attracts top investors, investment bankers, and corporate advisors, and networks with over 170,000 dealmakers.

Marketability 52

Marketability 52

Auto Dealer Valuation Insights

OCTOBER 6, 2023

Last week, I attended Hart Energy LIVE’s second annual America’s Natural Gas conference in Houston. The speaker roster included CEOs of companies operating in the Utica (Encino Energy) and Haynesville shales (Rockcliff Energy) and Green River basin (PureWest Energy), investment bankers, private equity investors, and consultants, among others.

Equity 52

Equity 52

Benzinga

OCTOBER 6, 2023

Australian billionaire Gina Rinehart has reportedly increased her investment in lithium producer Liontown Resources (OTC: LINRF ) again. This strategic move could provide her with enough leverage to block U.S. miner Albemarle Corp's (NYSE: ALB ) proposed $4.3 billion takeover of the company, according to Reuters. Related: Albemarle's Bold Move: Offers $4.3B For Lithium Miner Liontown Resources The report added that Rinehart, Australia's wealthiest individual, has raised.

Equity 52

Equity Marketability 52

Auto Dealer Valuation Insights

OCTOBER 6, 2023

Share prices for most publicly traded asset and wealth management firms trended in line with the steady decrease in the broader market during Q3 2023. Alternative asset managers were a notable exception to this trend, ending the quarter up about 10%. On a year-over-year basis, all categories of RIAs experienced exceptional growth as the markets rebounded from their Q3 2022 trough.

Marketability 52

Marketability 52

Benzinga

OCTOBER 6, 2023

VCI Global Ltd (NASDAQ: VCIG ) penned a letter of intent to attain leasing rights of Impiana Private Villas Cemagi in Bali and Impiana Private Villas Kata Noi in Phuket from Impiana Sdn Bhd for an undisclosed amount. Impiana Private Villas Cemagi has six villas spanning more than 604 sq m, accounting for only 8% of its total land area, and offers opportunities for future expansion.

Equity 52

Equity Marketability 52

Law 360 M&A

OCTOBER 6, 2023

The union representing airline workers at several major hubs is stepping into the legal fight over JetBlue's proposed acquisition of Spirit Airlines, saying the union's gate agents are "on the chopping block" if the sale goes through.

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52

Appraiser Newsroom

OCTOBER 6, 2023

Don’t be a victim – stay vigilant against phishing attempts. Hackers use fraudulent practices to spoof people into giving up their data. The most common technique is e-mail phishing. Hackers send messages that appear legitimate or look like they’re from someone you trust so that you engage with the message or click on malicious attachments.

Business Valuation 52

Business Valuation Appraisal 52

Financial Times M&A

OCTOBER 6, 2023

Oil company in talks to buy US-listed resource giant

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88

Benchmark Report

OCTOBER 6, 2023

Learn how focusing on a broad and intelligent outreach effort, can maximize the value of your business.

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64

John Jenkins

OCTOBER 6, 2023

If you’re looking for an overview of what CFIUS is all about, check out this recently updated “CFIUS Overview” from Cooley. It addresses, among other things, CFIUS’s jurisdiction, mandatory filings and the voluntary review regime, types of CFIUS filings, and filing fees.

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Norman Marks

OCTOBER 6, 2023

I see that the IIA has spent some of its (i.e., members’) funds asking internal auditors what they believe are the top risks in their region. Their report is Risk in Focus: Today’s Global Risk Landscape. It got me wondering whether this was money well spent.

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