Harvard Corporate Governance

FEBRUARY 26, 2024

Posted by Elizabeth K. Bieber, Sarah Ghulamhussain, and Peter Liddle, Freshfields Bruckhaus Deringer LLP, on Monday, February 26, 2024 Editor's Note: Elizabeth K. Bieber and Sarah Ghulamhussain are Partners, and Peter Liddle is a Law Clerk at Freshfields Bruckhaus Deringer LLP. This post is based on their Freshfields memorandum. The two most influential proxy advisor firms, Institutional Shareholder Services (ISS) and Glass Lewis & Co.

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130

NYT M&A

FEBRUARY 26, 2024

The regulator is trying to stop the largest supermarket merger in history, arguing that the deal would eliminate competition and raise prices for consumers.

Mergers & Acquisitions 144

Mergers & Acquisitions Equity 144

Harvard Corporate Governance

FEBRUARY 26, 2024

Posted by Philip Larrieu, Oregon State Treasury, on Monday, February 26, 2024 Editor's Note: Philip Larrieu is a Stewardship Investment Officer at the Oregon State Treasury. This post was prepared for the Forum by Mr. Larrieu. Related research from the Program on Corporate Governance includes Universal Proxies (discussed on the Forum here ) by Scott Hirst and The Myth of the Shareholder Franchise (discussed on the Forum here ) by Lucian A.

Treasury 130

Treasury 130

Mckinsey and Company

FEBRUARY 26, 2024

Integrating AI into Canadian healthcare could help simplify administrative work; improve system management, care quality, and patient and staff experience; and boost affordability via lower spending.

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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

FEBRUARY 26, 2024

Lower production among the world's largest nickel miners in response to a price slump for the metal end up supporting the market. That’s according to Russian metals giant Nornickel. London Metal Exchange nickel prices are down around 30% in the year through Friday, primarily driven by burgeoning supply from Indonesia — the world's largest producer of the metal.

Marketability 105

Marketability 105

ThomsonReuters

FEBRUARY 26, 2024

There are many paths to accountancy, but this is one we don’t hear of often:  Erin Heath   grew up on a cattle ranch in South Dakota, where many of her “ranch-hand” duties sparked her interest in numbers. But it was an introduction to accounting class in high school that paved the way. “It was love at first sight,” she recalls. “I enjoyed it more than chasing cows.

Start-ups 98

Start-ups Accounting Firms Marketability Technology 98

LaPorte

FEBRUARY 26, 2024

(authored by RSM US LLP) IRS urges employers to review ERC claims before the Voluntary Disclosure Program deadline of March 22, 2024. The agency warns of 7 common signs that their claims may be incorrect. The post The IRS urges businesses to review ERC claims for 7 common red flags first appeared on LaPorte.

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Law 360 M&A

FEBRUARY 26, 2024

The Federal Trade Commission announced a new, national front Monday against Kroger's heavily-criticized $24.6 billion purchase of fellow grocery store giant Albertsons, challenging a deal it said threatens both shoppers and workers and cannot be saved by the planned divestiture of a "hodgepodge" of hundreds of stores.

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Mckinsey and Company

FEBRUARY 26, 2024

Our latest Pulse survey of tech and telecommunications B2B decision makers reveals a generally optimistic investment outlook. But shifting market dynamics could turn different groups of vendors into new winners or losers.

B2B 91

B2B Technology Marketability 91

Law 360 M&A

FEBRUARY 26, 2024

Delaware's Court of Chancery dropped two potentially far-reaching decisions last week: one about founder control at Moelis & Co. and another about TripAdvisor's planned move to Nevada. On top of that, there were new cases involving Citrix Systems, Alcoa Corp., BGC Partners Inc. and Cantor Fitzgerald LP.

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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

FEBRUARY 26, 2024

The damage caused by Appraisal Management Companies violating TILA & the Customary & Reasonable fee clauses goes beyond just financial losses.

Appraisal 98

Appraisal 98

Financial Times M&A

FEBRUARY 26, 2024

US’s biggest supermajor and China’s Cnooc highlight right of first refusal in Guyana project stake central to acquisition

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Appraisers Blog

FEBRUARY 26, 2024

In reply to PD. Yes, you are so right. I did not touch of the other appraisals. If we are doing our jobs properly the spread at most in my opinion would be 3%-5% at most. The spreads are just too wide. So, he kept getting an appraisal until they hit the number. I wonder what he told the other two appraisers. This really stinks. I thank GOD I can pick what business I want.

Appraisal 98

Appraisal 98

Benchmark Report

FEBRUARY 26, 2024

The seller, Robertson Lowstuter (R|L), is an industry-leading executive coaching firm renowned for its success in guiding executives to achieve peak performance by increasing their productivity, profitability, and effectiveness.

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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

Appraisers Blog

FEBRUARY 26, 2024

Nice read Russell and you are spot on. As you clearly pointed out this was a one sided presentation by the station and reporter that had a predetermined outcome. It is interesting that they interviewed and quoted only those who had a vested interest in the outcome of the opinion piece as though they are an authority on the appraisal process. The most important people who should have been interviewed were boots on the ground appraisers; but then again, that would not have fit their agenda.

Appraisal 98

Appraisal 98

Benzinga

FEBRUARY 26, 2024

Alcoa Corp.(NYSE: AA ), a leading U.S. aluminum producer, has made a $2.2 billion offer to acquire Alumina Ltd (OTCQX: AWCMF ), its Alcoa World Alumina & Chemicals (AWAC) joint-venture partner. The offer comes at a volatile time for the commodities industry, with notable M&A activity. Per the all-stock deal , Alcoa is offering 0.02854 of its own stock for each Alumina share, representing a 13.1% premium over Alumina’s closing share price on Friday.

Marketability 59

Marketability 59

Appraisers Blog

FEBRUARY 26, 2024

The response you received from the news director is the cut and pasted response everyone who wrote regarding this story received, including me.

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Farrel Fritz

FEBRUARY 26, 2024

In my business divorce practice I deal with many closely held corporations that have only a few or perhaps just two shareholders, each of whom is actively involved in running the business. Within that category are many companies whose owners essentially ignore some if not all the corporate formalities mandated by New York’s Business Corporation Law.

Compliance 59

Compliance 59

Appraisers Blog

FEBRUARY 26, 2024

Irresponsible journalism is not reporting complete and accurate information. The media should accurately portray our profession.

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Law 360 M&A

FEBRUARY 26, 2024

A California federal judge refused Friday to end a proposed securities class action alleging Live Nation made misleading statements about its operations when news of alleged anticompetitive practices with Ticketmaster caused stock prices to drop, finding the suit describes "a materially different state of affairs" than what Live Nation claimed.

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Auto Dealer Valuation Insights

FEBRUARY 26, 2024

Successful enterprising families are careful and deliberate consumers of family capital. Thoughtful capital planning comprises two distinct but related decisions. For family businesses with significant ownership concentrations, the estate taxes eventually payable upon the death of a primary shareholder can represent a significant contingent “non-operating” liability.

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Law 360 M&A

FEBRUARY 26, 2024

A Texas bankruptcy judge declined to level sanctions against Latham & Watkins LLP and Jackson Walker LLP for trying to establish Texas jurisdiction for California-based Sorrento Therapeutics Inc. in its Chapter 11 bankruptcy, finding that their conduct did not amount to bankruptcy fraud.

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Benzinga

FEBRUARY 26, 2024

JetBlue Airways Corporation (NASDAQ: JBLU ) and Spirit Airlines Inc (NYSE: SAVE ) approached a U.S. appeals court with a plea on Monday to reverse a previous court decision that halted their proposed $3.8 billion merger. This appeal was made following a block by the U.S. Department of Justice, challenging the merger's legality and potential impact on market competition.

Marketability 52

Marketability 52

Law 360 M&A

FEBRUARY 26, 2024

The Delaware Supreme Court on Monday refused to revive investors' $500 million challenge to Maxim Integrated Products Inc.'s $21 billion merger with Analog Devices Inc., leaving intact a Chancery Court decision throwing out the case in May.

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Sun Acquisitions

FEBRUARY 26, 2024

Business photo created by rawpixel.com – www.freepik.com CHICAGO, IL – February 23, 2024 – A distinguished specialty plastics provider for medical devices out of Northern California, has initiated a sell-side engagement represented by Sun Acquisitions. With approximately 20 years of dedicated service, the client has established itself as a trusted partner in the medical device market.

Marketability 52

Marketability 52

Law 360 M&A

FEBRUARY 26, 2024

JetBlue Airways and Spirit Airlines told the First Circuit on Monday that a $3.8 billion merger should not have been blocked because the judge who stopped the sale sought to protect a small, hypothetical subset of travelers to the detriment of the vast majority who stand to benefit from the deal.

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Sun Acquisitions

FEBRUARY 26, 2024

In recent years, Sun Acquisitions, has observed rapid growth in the sign manufacturing industry though it’s M & A activity with sign manufacturing buyers and sellers. The sign manufacturing industry is witnessing a surge in minimalist design innovation. This trend is not just a fad but a strategic move for sign manufacturers to stay ahead of industry trends and reduce production costs.

Technology 52

Technology Marketability 52

Law 360 M&A

FEBRUARY 26, 2024

A D.C. federal judge tossed U.S. Securities and Exchange Commission regulations that define voting advice from proxy advisory firms as solicitation under agency rules, granting a win to one such firm following years of on-and-off litigation.

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Sun Acquisitions

FEBRUARY 26, 2024

In recent years, Sun Acquisitions, has observed rapid growth in the medical spa (MedSpa) industry though it’s M & A activity with MedSpa buyers and sellers. Despite challenges like high employee turnover rates, the industry’s resilience and adaptation to consumer needs continue to drive its expansion. In this context, mergers and acquisitions (M&A) have emerged as an important strategic tool for MedSpa owners to stabilize their workforces by integrating with other MedSpa companies

Compliance 52

Compliance Technology Marketability 52

Law 360 M&A

FEBRUARY 26, 2024

Fried Frank Harris Shriver & Jacobson LLP helped clients close deals last year for the development of prominent additions to the New York City and Las Vegas skylines, earning the firm a spot among Law360's 2023 Real Estate Groups of the Year.

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Sun Acquisitions

FEBRUARY 26, 2024

In the competitive arena of commercial paving, strategic mergers and acquisitions (M&A) have emerged as a pivotal strategy for companies aiming to scale operations and meet the increasing market demand. With the construction industry facing the dual challenges of increased demand for commercial paving projects and the need for rapid expansion, companies are looking at M&A as a feasible route to escalate their growth trajectories.

Enterprise Value 52

Enterprise Value Technology Marketability 52

Law 360 M&A

FEBRUARY 26, 2024

Blackwells Capital ramped up its activist investor campaign against The Walt Disney Co. on Monday, laying out a "strategic plan" that includes calls for the storied entertainment company to rise above its current "technological shortcomings," including its "AI mediocrity.

Technology 52

Technology 52

Sun Acquisitions

FEBRUARY 26, 2024

The food distribution industry is at a critical juncture, grappling with labor shortages that threaten the stability and efficiency of supply chains. This article delves into the intricacies of this issue and explores how mergers and acquisitions (M&A) with technologically advanced companies present a viable solution to this pressing challenge. Understanding the Labor Shortage The labor shortage in food distribution is driven by various factors, including health concerns due to pandemics, bu

Technology 52

Technology 52

Benzinga

FEBRUARY 26, 2024

On Monday, Venture capital firm The Column Group agreed to acquire NGM Biopharmaceuticals Inc (NASDAQ: NGM ) for $1.55/share in cash. The Column Group is NGM Bio’s longest and largest stockholder, holding approximately 26% of NGM Bio’s outstanding shares. NGM Bio stock is trading lower with a session volume of 1.9 million, compared to the average volume of 1.02 million, as per the data from Benzinga Pro.

Equity 52

Equity 52