Fri.Jun 20, 2025

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Disclosure Trends From the 2024 Reporting Season

Harvard Corporate Governance

Posted by Christine Mazor and Doug Rand, Deloitte LLP, on Friday, June 20, 2025 Editor's Note: Christine Mazor is a partner, and Doug Rand is a managing director at Deloitte LLP. This post is based on a Deloitte memorandum by Ms. Mazor, Mr. Rand, Megan D’Alessandro, Cody Yettaw, and Sam Paolini. Background The global business environment continues to undergo rapid transformation.

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Sun Acquisitions Facilitates Strategic Sale of Kitchen & Baths Unlimited to Private Investor

Sun Acquisitions

Chicago, IL – May 15, 2025—Sun Acquisitions, a leading mergers and acquisitions firm, is pleased to announce the successful completion of the sale of Kitchen & Baths Unlimited, a full-service kitchen and bath remodeling company, to a Private Investor, KBU, Inc. Kitchen & Baths Unlimited History Established in 1986 by Richard Nanberg, Kitchens & Baths Unlimited is a full-service kitchen and bath remodeling firm with over 38 years of experience serving the Northshore and Chicagoland ar

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Comment on FOIA, AI, & the Appraiser’s Defense: A Blueprint for Fighting Back by Kenneth Mullinix

Appraisers Blog

Building a Defense: 10 Things Every Appraiser Should Do if Investigated By Kenneth J. Mullinix In today’s regulatory climate, appraisers can no longer assume they’re safe from scrutiny just because they did nothing wrong. With the political pressures of HUD’s PAVE initiative (now winding down but still active with cases) and heightened sensitivity around appraisal bias, even a routine assignment can spiral into an administrative nightmare.

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Confirm This: Why Your Auditors Contact Third Parties

Machen McChesney

If your company’s financial statements are audited , chances are your auditor will send out external confirmations. These information requests may be sent directly to your customers, vendors, banks, attorneys, and benefit plan administrators.

Banking 101
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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.

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Comment on WA Appraisers Stung by Fee Hikes and Veto by PNW appraiser

Appraisers Blog

Governor Ferguson's veto of a bill to cap fee hikes and provide refunds left Washington appraisers in the lurch.

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IPO Strategy: Pricing and Timing of VC-Backed IPOs

Equidam

The recent IPO performances of companies like Chime and Circle have reignited conversations about market timing and the significance of first-day “pops” in public offerings. As venture capitalists and founders debate whether these dramatic opening-day gains signal a favorable IPO window, the underlying data tells a more complex and counterintuitive story.

Banking 59

More Trending

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Succession Conundrums: Why Sell to Insiders for Less?

Auto Dealer Valuation Insights

A frequent question among RIA owners is whether internal buyers, such as employees or partners, pay less for their equity stakes compared to external buyers, and if so, why pursue internal succession? The answer is straightforward: internal buyers typically pay less, sometimes significantly less, due to unique industry dynamics and the structure of internal deals.

Equity 52
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Off The Bench: Lakers Sale, NASCAR Antitrust, NIL Appeals

Law 360 M&A

In this week's Off The Bench, the Lakers fetch a $10 billion valuation as a new owner takes control of the franchise, a federal judge urges litigants in the NASCAR antitrust brawl to settle, and appeals pile up against the NCAA's landmark $2.78 billion athlete compensation settlement.

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Comment on WA Appraisers Stung by Fee Hikes and Veto by Brian

Appraisers Blog

While I don’t actively appraise anymore I can still relate albeit on the other side of the business. A couple of years ago my AMC renewal in California went for $1600 for every two years to $5,000 every two years on top of having to pay a fee of $25 for every individual appraiser who completes an assignment for me on a yearly basis. It’s crazy that California charges that much when my license in Florida costs less than $500 every two years.

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2 Firms Guide $455M BMO-Burgundy Asset Management Deal

Law 360 M&A

BMO, advised by Osler Hoskin & Harcourt LLP, has unveiled plans to purchase Torys LLP-led Burgundy, a Canadian independent asset management firm, for CA$625 million (about $455 million) and fold it into the bank's wealth management business.

Banking 52
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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

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I’m an MTD taxpayer, get me out of here!

Accounting Web

Personal tax

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NY Case Shows How LLC Agreements Can Be Amended

Law 360 M&A

The New York Court of Appeals in Behler v. Tao recently held that a merger clause contained in an amended limited liability company agreement superseded and extinguished an alleged oral agreement between the parties, highlighting the importance of determining early how and when an LLC agreement may be amended, says Kerrin Klein at Olshan Frome.

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Deal Dispatch: Boston Red Sox Owner Sets Sights On La Liga Club, At Home Files For Bankruptcy

Benzinga

New On The Block Spanish La Liga club Getafe is considering a sale, per The Telegraph. On the buyside is Fenway Sports Group (FSG), the Boston-based firm led by billionaire John W. Henry. FSG already owns Liverpool FC , the Boston Red Sox and Pittsburgh Penguins. Ángel Torres , Getafe's current owner, intends to leave the club once he renovates Estadio Coliseum.

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Concrete Biz Investors Sue In Del. After Book, Record Denials

Law 360 M&A

Stockholders of a U.S. concrete company taken private in an $11.5 billion merger in February sued the business for books and records on Friday, arguing the company's denial of access wrongly cited the previous dismissal of a shareholder suit alleging unfair merger terms.

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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.

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Orion Properties Inc. Confirms Receipt of Unsolicited Non-Binding Indication of Interest from Kawa Capital Management

Business Wire M&A

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. (NYSE: ONL) (“Orion” or the “Company”) confirmed its receipt today of an unsolicited, non-binding indication of interest from Kawa Capital Management, Inc. (“Kawa”) to potentially acquire all of the outstanding shares of common stock of the Company not already owned by Kawa for cash consideration of $2.50 per share.

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UK Miner Sweetens Bid For Aussie Rival To $128M

Law 360 M&A

U.K. miner Central Asia Metals said Friday it has increased its bid for Australian rival New World Resources to approximately AU$197 million ($128 million) and proposed an alternative method to complete the deal after it noted that another investor was bolstering its stake in the company.

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My lightbulb moment: Building a business to last

Accounting Web

Practice strategy

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Competing In Modern Pentathlon Makes Me A Better Lawyer

Law 360 M&A

Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak.

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Dot Ai, Innovator in Asset Intelligence Technology, Completes Business Combination; Will Begin Trading on Nasdaq Stock Market

Business Wire M&A

LAS VEGAS & KENNESAW, Ga.

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Snap Just Bought A Student Calendar App: How It Could Reinvent Snapchat

Benzinga

Snap, Inc. (NYSE: SNAP ) confirmed on Friday that it has purchased Saturn , a calendar app designed to help students organize and share their school schedules. The Details: The terms of the acquisition were not made public, and Saturn will remain available as an independent app, the company told TechCrunch. Read Next: Circle Stock Rockets 540%: Cathie Wood Says ‘We’ve Just Begun’ According to Snap, nearly all of Saturn's team—just under 30 full-time employees—will join Sna

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J.B. Poindexter & Co., Inc. Acquires Ambulance Manufacturing Leader Demers Braun Crestline Medix

Business Wire M&A

HOUSTON--(BUSINESS WIRE)--J.B. Poindexter & Co., Inc. (JBPCO), a privately held North American manufacturing leader serving the commercial vehicle and specialty manufacturing industries, today announced the acquisition of Demers Braun Crestline Medix (DBCM). Headquartered in Beloeil, Quebec (Canada), DBCM is one of North America’s largest ambulance manufacturers with a strong presence across the U.S. and Canadian markets.

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PE Firm Demands FDA Docs For Defense In Deal Challenge

Law 360 M&A

Private equity firm GTCR BC Holdings LLC is seeking a court order for the U.S. Food and Drug Administration to produce over a decade's worth of medical device approval applications, arguing the documents are necessary in its defense against a merger challenge by the federal government.

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The Marygold Companies Enters Agreement to Sell Canadian Subsidiary

Business Wire M&A

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC” or the “Company”) (NYSE American: MGLD), a diversified global holding company, today announced that it has entered into a stock purchase agreement to sell its wholly owned Canadian subsidiary, Brigadier Security Systems Ltd. (“Brigadier”), to SKCAL LLC, an Arizona limited liability company whose sole member is a director and 11% shareholder of TMC.

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Tech-Focused PE Firm Takes Couchbase Private In $1.5B Deal

Law 360 M&A

Wilson Sonsini Goodrich & Rosati PC-advised software company Couchbase on Friday announced plans to go private through an acquisition by technology-focused investment firm Haveli Investments, advised by Latham & Watkins LLP, in a $1.5 billion all-cash deal.

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Five Point Holdings, LLC to Acquire Controlling Interest in New Landbank Venture With Hearthstone, Inc.

Business Wire M&A

IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point” or the “Company”) (NYSE:FPH), an owner and developer of large mixed-use planned communities in California, today announced that it has entered into a definitive agreement to acquire a controlling interest in a newly formed entity that will include substantially all of the business and operations of Hearthstone, Inc.

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Chancery OKs Expedited Trial In Nielsen Co. Suit

Law 360 M&A

Nielsen Holdings Ltd. won an early partial victory Friday in a suit accusing a consumer intelligence venture it spun off in 2021 of seeking to cut off access to data used by the former parent and another business Nielsen Holdings intends to sell to the spinoff's competitor, Circana LLC.

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Logan Ridge Finance Corporation Announces Shareholder Approval of Merger with Portman Ridge Finance Corporation

Benzinga

NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ: LRFC ) ("Logan Ridge" or "LRFC") announced today that it obtained shareholder approval for the merger of LRFC with and into Portman Ridge Finance Corporation (NASDAQ: PTMN ) ("Portman Ridge" or "PTMN") following the special meeting of shareholders held on June 20, 2025.

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DC Circ. Rejects Chicago Suburbs' Rail Merger Challenge

Law 360 M&A

A D.C. Circuit panel has rejected a petition from Chicago suburbs that are challenging the approval of Canadian Pacific Railway Ltd.'s $31 billion merger with Kansas City Southern Railway Co., finding that regulators addressed the environmental and other concerns the communities raised.

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TJC Announces Agreement to Acquire Wedgewood Weddings

Business Wire M&A

NEW YORK--(BUSINESS WIRE)--TJC, L.P. (“TJC”) today announced that an affiliate of The Resolute Fund VI, L.P. (“Resolute VI”) has closed the acquisition of Wedgewood Hospitality Group, Inc. (“Wedgewood” or the “Company”). Wedgewood is a scaled, asset-light, full-service provider of wedding services in the U.S., operating over 75 venues across 8 states.

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Paul Weiss-Advised QXO Bids $5B For Alston & Bird-Led GMS

Law 360 M&A

Connecticut-based QXO Inc. has proposed to acquire building materials distributor GMS Inc. in an all-cash deal valued at approximately $5 billion, with Paul Weiss Rifkind Wharton & Garrison LLP backing QXO on the unsolicited bid.

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JBG SMITH Acquires Tysons Dulles Plaza

Business Wire M&A

BETHESDA, Md.--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of high-quality, mixed-use properties in the Washington, DC market, has acquired Tysons Dulles Plaza, a 15-acre office campus in the heart of Tysons, Virginia. The three-building campus encompasses approximately 500,000 square feet of offices and 1,553 parking spaces.

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Taxation With Representation: Latham, Paul Weiss, Covington

Law 360 M&A

In this week's Taxation With Representation, Nippon Steel closes its purchase of U.S. Steel, Hunter Point Capital buys a minority stake in Equitix, Eaton acquires Ultra PCS Ltd. from the Cobham Ultra Group, and Eli Lilly and Co. acquires Verve Therapeutics.

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Sagteс Finalizes Strategic AI Acquisition to Accelerate SaaS Revenue and Multi-Sector AI Deployment

Benzinga

KUALA LUMPUR, Malaysia, June 20, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT ) ("Sagtec" or the "Company"), a next-generation provider of customizable AI and automation platforms, today announced the signing of a definitive Share Sale Agreement (SSA) to acquire an 80% equity stake in Smart Bridge Technology Limited ("Smart Bridge"), a rapidly scaling agentic AI software company with proven profitability.

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Norton Rose Adds Holland & Knight Tax Partner In DC

Law 360 M&A

Norton Rose Fulbright has expanded its tax insurance underwriting offerings in the nation's capital with the addition of a partner from Holland & Knight LLP.

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