Harvard Corporate Governance

JANUARY 31, 2024

Posted by Matteo Tonello, The Conference Board, on Wednesday, January 31, 2024 Editor's Note: Merel Spierings is Senior Researcher at The Conference Board ESG Center in New York. This post relates to a report authored by Ms. Spierings and based on disclosure data from Corporate Board Practices in the Russell 3000, S&P 500, and S&P MidCap 400: Live Dashboard , a live online dashboard published by The Conference Board and ESG data analytics firm ESGAUGE , in collaboration with Debevoise &#

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Law 360 M&A

JANUARY 31, 2024

The Cigna Group will sell multiple health benefits and Medicare units to Health Care Service Corp., the companies said Wednesday in an announcement detailing a deal valued at around $3.7 billion and steered by Wachtell Lipton Rosen & Katz, Rule Garza Howley LLP, Mintz Levin Cohn Ferris Glovsky and Popeo PC and Sidley Austin LLP.

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Harvard Corporate Governance

JANUARY 31, 2024

Posted by Ethan Klingsberg, Freshfields Bruckhaus Deringer LLP, on Wednesday, January 31, 2024 Editor's Note: Ethan Klingsberg is a Partner at Freshfields Bruckhaus Deringer LLP. This post is based on his Freshfields memorandum. Related research from the Program on Corporate Governance includes Are M&A Contract Clauses Value Relevant to Target and Bidder Shareholders?

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Law 360 M&A

JANUARY 31, 2024

As a number of BigLaw firms increase salary scales for early-career attorneys, law students and lateral associates considering new job offers should weigh several key factors that may matter more than financial compensation, say Albert Tawil at Lateral Hub and Ruvin Levavi at Power Forward.

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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

Harvard Corporate Governance

JANUARY 31, 2024

Posted by Sanjai Bhagat and Henry Laurion, University of Colorado Boulder, on Wednesday, January 31, 2024 Editor's Note: Sanjai Bhagat is Professor of Finance, and Henry Laurion is Assistant Professor of Accounting at the University of Colorado Boulder Leeds School of Business. This post is based on their SSRN working paper. Related research from the Program on Corporate Governance includes Regulating Bankers’ Pay by Lucian Bebchuk and Holger Spamann (discussed on the Forum here ); How to Fix

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Banking Capital Structure Finance 136

Appraisers Blog

JANUARY 31, 2024

Interesting… I have never done work for Class(or any amc) and its been probably 4 or 5 years since I received a email from Class this morning. Its for a 3,100 sq ft home with probably a value of $1.5++. Plus, they say its a RUSH order…LOL. We are reaching out today because we have an order that is a rush or possibly more complex or rural assignment.

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Marketability 92

Mckinsey and Company

JANUARY 31, 2024

Some consumer companies have simultaneously increased sales, cut costs, and reduced carbon emissions. Their secret? Paying closer attention to the design of their products and packaging.

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ISA

JANUARY 31, 2024

1/31/2024 12:00:00 AM Hiring an ISA personal property appraiser provides many benefits. There are numerous reasons to seek a professional appraisal, including planning insurance coverage, charitable donations, probate of an estate, or simply determining the value of your tangible assets. The ISA credential tells the public, clients, and business experts that ISA members are appraisers.

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Appraisal Fair Market Value Compliance Marketability 75

Mckinsey and Company

JANUARY 31, 2024

How flying fighter jets helped Investcorp’s executive chairman reach new heights in the world of asset management

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Appraisers Blog

JANUARY 31, 2024

Apparently, Class Valuation, aka ClassLess is now a Fortune 500 company looking for fancy proposals from appraisers!

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Appraisal 89

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

Benzinga

JANUARY 31, 2024

U.S. silver producer Hecla Mining Company (NYSE: HL ) is setting its sights on new growth after posting dimmed results for the fourth quarter of 2023. Owing to North American setbacks like a fire in Lucky Friday mine and forest fires in Quebec, the company suffered notable disruptions — silver production is down 17%, gold production dropped 5% and lead production slowed by as much as 36%.

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Appraisers Blog

JANUARY 31, 2024

New timeline released. This redesign requires significantly more data gathering, including individual component's level depreciation info.

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Brian DeChesare

JANUARY 31, 2024

If you think about the most “public” investors – the likes of Bill Ackman and David Einhorn – many of them have something in common: they operate single-manager hedge funds. In other words, they’re the public face and brand of their fund, and all investment decisions flow through them. They might have separate teams for specific strategies or markets, but everything is run under a single Profit & Loss statement (P&L).

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Start-ups Equity Marketability Banking 59

Appraisers Blog

JANUARY 31, 2024

In reply to Raymond. That’s funny you mention that. Are you in the Ventura County area? I received that same exact bid proposal. I quoted $450 and a 2 day turnaround to see if that was low enough for the sake of this conversation and lost the bid LOL I received a different bid request from them at 3:00 AM as well. Haven’t gotten one (bid proposals) in months so I wonder how many of them are reading these replies and freaking out a little.

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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

Mckinsey and Company

JANUARY 31, 2024

The world of work is undergoing a rapid transformation. The COVID-19 pandemic accelerated trends in the U.S. labor market that were already in motion, and jobs continue to change at an unprecedented pace. What roles and skills will be in demand? And how can individuals and companies adapt? Kweilin Ellingrud helps answer these questions in Forbes.

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Marketability 59

Appraisers Blog

JANUARY 31, 2024

I sat through a 1 hr webinar put on by FreddieMac and Aloft yesterday (1/30/24). Aloft is the company which has been chosen to write and prepare all the training documents and classes for the New UAD process. The reason why ‘training’ is scheduled for later this year is so that class materials can be packaged into CE by education providers in the States and submitted for approval prior to the start of actual live or webinar classes given to appraisers.

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Appraisal 63

Law 360 M&A

JANUARY 31, 2024

The number of securities class actions filed last year ticked up slightly from the year before, even with a drop in new suits against the cryptocurrency sector and blank-check companies, according to a report released Wednesday by Cornerstone Research.

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Peak Business Valuation

JANUARY 31, 2024

Chiropractic equipment is a source of great relief for those with musculoskeletal pain. This equipment possesses great value for addressing nerve compression, spinal misalignment, and more. Understanding financial value is imperative when buying , selling , or expanding a business. To determine the value of chiropractic equipment, you need an equipment appraisal.

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Appraisal Business Valuation Fair Market Value Liquidation Value 52

Law 360 M&A

JANUARY 31, 2024

Media entrepreneur Byron Allen has placed a $30 billion bid to buy Paramount Global, his company confirmed in an email Wednesday, calling it the "best solution" for shareholders as a bidding war for the debt-laden entertainment conglomerate continues to unfold.

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Benzinga

JANUARY 31, 2024

Qorvo Inc (NASDAQ: QRVO ) shares are trading higher in Wednesday’s after-hours session after the company reported fiscal third-quarter results and announced it will acquire Anokiwave. Q3 Revenue: $1.07 billion beat estimates of $1 billion Q3 EPS: $2.10 beat estimates of $1.66 Revenues were up 44% on a year-over-year basis. Gross margin came in at 36.1% on a GAAP basis and 43.8% on a non-GAAP basis. “Strong execution by the Qorvo team resulted in robust December quarterly financial pe

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Law 360 M&A

JANUARY 31, 2024

The Angelos family has agreed to sell a controlling stake in the Baltimore Orioles to a group of investors led by lifelong fan David Rubenstein, a native of the city and co-founder of The Carlyle Group, in a $1.725 billion deal led by three law firms, according to a Wednesday announcement.

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Benzinga

JANUARY 31, 2024

TotalEnergies SE (NYSE: TTE ) inked a deal with OMV AG (OTCPK: OMVKY) to acquire its 50% stake in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for $903 million. The acquisition price includes the transfer of a $350 million loan granted by OMV to SapuraOMV, subject to customary closing adjustments. Notably, SapuraOMV's main assets are its 40% operated stake in block SK408 and 30% operated interest in block.

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Equity 52

Law 360 M&A

JANUARY 31, 2024

Amid jury deliberations Wednesday, the CEO of Insomnia Cookies agreed to pay $3.5 million to his former business partner to resolve their yearslong dispute over the share of profits from Krispy Kreme's acquisition of the late-night cookie delivery business.

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ThomsonReuters

JANUARY 31, 2024

These inefficiencies put a strain on your existing staff, cost your practice money, and may put you at a competitive disadvantage in attracting and retaining top talent. But these inefficiencies are fixable thanks to advancements in technology that are making it easier than ever for tax professionals to access the tools to revamp their workflows and eliminate these frustrating inefficiencies.

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Technology 52

Law 360 M&A

JANUARY 31, 2024

Orrick Herrington & Sutcliffe LLP said Wednesday that it had hired its 34th life sciences partner in three years, welcoming the former head of Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP's licensing, strategic partnering and commercial transactions group.

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Benzinga

JANUARY 31, 2024

Orgenesis Inc (NASDAQ: ORGS ) has entered into a definitive agreement with MM OS Holdings , an affiliate of Metalmark Capital Partners , to acquire its approximate 25% stake in Octomera. Octomera is Orgenesis’s cell processing services subsidiary, and the transaction allows the company to have 100% ownership of this business unit. In exchange, Metalmark will receive a royalty.

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Marketability 52

Law 360 M&A

JANUARY 31, 2024

Haynes and Boone LLP has hired the former chair of Reed Smith LLP's real estate practice group, the firm announced on Wednesday, touting the more than $200 billion in transactions for banking and private equity clients the New York attorney has under his belt.

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Banking Equity 52

Benzinga

JANUARY 31, 2024

Vodafone Group Plc (NASDAQ: VOD ) stock is trading lower Wednesday as the UK antitrust regulator , Competition and Markets Authority (CMA), began its Phase 1 investigation into Vodafone UK’s joint venture agreement with CK Hutchison Holdings Ltd (OTC: CKHUY ) (OTC: CKHUF ) Three UK. The deal combined the companies’ telecommunications operations under one network provider.

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Marketability Equity 52

Law 360 M&A

JANUARY 31, 2024

The PGA Tour has partnered with a group of investors that includes several owners of U.S. pro sports franchises in a deal worth up to $3 billion, an agreement reached while negotiations continue to complete its proposed merger with the Saudi-based investment fund that owns rival LIV Golf.

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Appraisers Blog

JANUARY 31, 2024

New timeline released. This redesign requires significantly more data gathering, including individual component's level depreciation info.

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Financial Times M&A

JANUARY 31, 2024

Purchase of 95% stake is latest investment by buyout companies in hospitality and leisure sector

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Private Equity Firm Equity 77

Appraisers Blog

JANUARY 31, 2024

In reply to Jeanie. Why bother with all this extra work when they’re perfectly fine with issuing waivers based on little to no information? Maybe they’re secretly trying to create a national database of properties and neighborhoods. Or maybe they just have a strange obsession with making appraisers’ lives miserable. Either way, it looks like we’re in for some fun times ahead.

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Appraisal 57

Law 360 M&A

JANUARY 31, 2024

Healthcare services company Cardinal Health announced Wednesday that it has entered into a deal to buy health platform Specialty Networks for $1.2 billion in cash.

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Financial Times M&A

JANUARY 31, 2024

Plus, what Elon Musk’s $56bn pay reversal means for Tesla and a telecoms game of cat and mouse in Italy

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Equity 74