Harvard Corporate Governance

FEBRUARY 5, 2023

Posted by Michael Rossen, Kay Brkic, Deloitte LLP, on Sunday, February 5, 2023 Editor's Note: Michael Rossen is a Managing Director and Kay Brkic is a Senior Manager at Deloitte LLP. This post is based on a Deloitte LLP memorandum by Mr. Rossen, Ms. Bkic, Richard Levine , and Ian MacDonald. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here ) by Alma Cohen, Moshe Hazan, and David Weiss; Will Nasdaq’s Diver

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Business Wire M&A

FEBRUARY 5, 2023

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE: PSA), the nation’s leading owner, acquirer, developer, and operator of self-storage properties, today sent a letter to Mark G. Barberio, Life Storage’s Chairman, and Joseph V. Saffire, Life Storage’s CEO, copied in full below, with respect to its proposal to acquire all of the outstanding shares and units of Life Storage, Inc.

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Financial Times M&A

FEBRUARY 5, 2023

Consolidation in prospect as US-listed Newmont seeks to bring Australian group back into fold

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Reynolds Holding

FEBRUARY 5, 2023

Seeking “strategic alternatives” is a euphemism for a company trying to sell itself, which typically results in an acquisition premium for shareholders, and many announcements of strategic alternatives explicitly state that the goal is maximizing shareholder value. Upon a company’s announcement that it is evaluating strategic alternatives, its stock price on average jumps more than 5 percent.

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Marketability Alpha Equity Firm Value 59

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

Financial Times M&A

FEBRUARY 5, 2023

The Italian government may be looking at different numbers, but the proposal deserves careful consideration

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Business Wire M&A

FEBRUARY 5, 2023

KANSAS CITY, Mo.--(BUSINESS WIRE)--Global Prairie, eine internationale Marketingagentur einschließlich Consulting, das sich zu 100 % im Besitz seiner Mitarbeiterinnen und Mitarbeitern befindet, gibt seine fusion mit der Hileman Group bekannt, einem schnell wachsenden Marketing-Technologieunternehmen, das führende Unternehmen in den Bereichen Gesundheitswesen, Biowissenschaften, Hochschulbildung, Konsumgüter, Fertigung und FinTech bedient.

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Marketability 52

Business Wire M&A

FEBRUARY 5, 2023

BUFFALO, N.Y.--(BUSINESS WIRE) - $LSI #LSI--Life Storage received unsolicited proposal from Public Storage. Life Storage operates over 1,100 storage facilities in 37 states and DC.

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Reynolds Holding

FEBRUARY 5, 2023

On December 13, 2022, the Supreme Court granted certiorari to consider whether Sections 11 and 12(a) of the Securities Act require a plaintiff who purchased shares through a direct listing to plead and prove that he bought shares registered under a specific allegedly misleading registration statement. Slack Techs. v. Pirani , No. 22-200. Petitioners (defendants below) are appealing a 2021 Ninth Circuit decision interpreting the “such security” language in Section 11 [1] and Section 12(a) [2]

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Business Wire M&A

FEBRUARY 5, 2023

NEW YORK & LUXEMBOURG & AMSTERDAM--(BUSINESS WIRE)--Traxys, a leading global physical trader and merchant in metals and natural resources, today announced a change of ownership.

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Equilest

FEBRUARY 5, 2023

If you're interested in gaining a deeper understanding of voting rights' role in determining business value and the significance of the DLVR, be sure to check out our comprehensive guide. Discover the benefits and drawbacks of non-voting shares and learn how they can impact the overall value of a business. According to Tamir Levy, Ph.D., founder-CEO of Equitest and a professional valuer, "Voting rights play a crucial role in determining the value of a business.

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Business Valuation Dividends Start-ups Marketability 40

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

Business Wire M&A

FEBRUARY 5, 2023

BRUSSELS--(BUSINESS WIRE)--Syntagma Capital today announces that it has entered into exclusive negotiations with Nexans SA to acquire its LAN/data center (“LAN/DC”) and Telecom /Fibre (“FTTx”) division. The business designs, manufactures, and distributes smart connectivity solutions based on optical fibre and copper technologies to data centers, smart buildings, and telecom operators.

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Business Wire M&A

FEBRUARY 5, 2023

米ノースカロライナ州シャーロット--(BUSINESS WIRE)--（ビジネスワイヤ） -- SEE（NYSE：SEE）は本日、先に発表したリクイボックスの買収を完了したと発表しました。買収の対価は、無現金・無債務ベースで11億5000万ドルでした。 この戦略的買収により、世界的な軟質包装業界のリーダー企業2社が統合することになります。また、高成長と革新を目指す両社の文化も合致しています。リクイボックスは、生鮮食品、飲料、消費財、産業末端市場を対象に、バッグインボックス式の持続可能な流動品・液体向け包装・充填ソリューションを先駆的に革新し、製造しています。この買収は、SEEで最も急成長中の分野であるCRYOVAC®ブランドの流動品・液体事業を促進します。CRYOVAC®の技術、規模、市場アクセスは、大きな相乗効果を生み出す重要な源になるでしょう。

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Business Wire M&A

FEBRUARY 5, 2023

DENVER--(BUSINESS WIRE)--Newmont Confirms Proposal to Combine with Newcrest

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