Sun.Jul 10, 2022

article thumbnail

The Data Story of Ukraine, Russia and Corporate Responses

Harvard Corporate Governance

Posted by Michael White and Ana Rocha, Kekst CNC, on Sunday, July 10, 2022 Editor's Note: Michael White is a Senior Consultant and Ana Rocha is an Associate at Kekst CNC. This post is based on their Kekst CNC memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A. Bebchuk and Roberto Tallarita (discussed on the Forum here ); For Whom Corporate Leaders Bargain (discussed on the Forum here ) and Stakeholder Capitali

article thumbnail

Elon Musk may have to complete $44bn Twitter takeover, legal experts say

The Guardian M&A

Tesla chief wants to terminate deal but he could be compelled to go through with it or pay a break fee Can Elon Musk really walk away from $44bn Twitter takeover? Elon Musk could be forced by a US court to complete his $44bn takeover of Twitter, according to legal experts, despite pulling the plug on the transaction. The Tesla chief executive told Twitter on Friday that he is terminating the deal, citing concerns over the number of spam accounts on the social media platform.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Short Selling Activism in Europe—A Strategic Communications Perspective

Harvard Corporate Governance

Posted by Zeno Bach, Alexander Fink, Roland Leithauser, Kekst CNC, on Sunday, July 10, 2022 Editor's Note: Zeno Bach is an Associate, and Alexander Fink and Roland Leithauser are Partners at Kekst CNC. This post is based on their Kekst CNC memorandum. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian Bebchuk, Alon Brav, and Wei Jiang ; Dancing with Activists (discussed on the Forum here ) by Lu

article thumbnail

Cresco Labs Acquisition Of Columbia Care Creates Huge Cannabis Conglomerate And Enormous Pay-Out For This CEO

Benzinga

On Friday, Columbia Care Inc. (NEO: CCHW) (OTCQX: CCHWF ) (FSE:3LP) announced the approval of the previously announced plan of arrangement under which Chicago-based Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF ) will acquire all of the issued and outstanding shares of Columbia Care. The deal has been called “transformational” as it will create one of the largest multistate marijuana operators in the United States, combining wholesale, retail and operations in the nation's largest and

article thumbnail

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.

article thumbnail

How SPACs Disable Indirect Investor Protection

Reynolds Holding

Special Purpose Acquisition Companies (SPACs) are a trap for unwary investors. In standard public equity securities, even the most naïve investor is protected, first, by the market price – you pay only for what you get – and, second, by the comfort that nothing else is required of an individual investor to realize the full value of the security. SPACs disable both protections.

Treasury 129
article thumbnail

Can Elon Musk really walk away from $44bn Twitter takeover?

The Guardian M&A

World’s richest man is arguing that Twitter has more spam accounts than it claims, lowering its value Musk may have to finish $44bn Twitter takeover, experts say Elon Musk notified Twitter on Friday that he was walking away from an agreed $44bn (£36.6bn) takeover. The move sets the stage for a legal battle between the world’s richest man and the social media platform.

More Trending

article thumbnail

A continued downward spiral of financing volumes for life sciences in the US

Fox Corporate Finance

A recent FCF Life Sciences analysis showed a significant decline in funding volumes for European life sciences markets in the first half of 2022 compared to 2021. This trend is now confirmed for the US. Read more. The post A continued downward spiral of financing volumes for life sciences in the US appeared first on FCF Fox Corporate Finance GmbH.

Finance 52
article thumbnail

Twitter hires Wachtell legal firm to sue Musk for ending $44bn acquisition

Financial Times M&A

Social media company prepares to file suit at Delaware Court of Chancery, vowing to hold billionaire to original deal terms

76
article thumbnail

A continued downward spiral of financing volumes for life sciences in the US

Fox Corporate Finance

A recent FCF Life Sciences analysis showed a significant decline in funding volumes for European life sciences markets in the first half of 2022 compared to 2021. This trend is now confirmed for the US. Read more. The post A continued downward spiral of financing volumes for life sciences in the US appeared first on FCF Fox Corporate Finance GmbH.

Finance 52
article thumbnail

Proactive news headlines including Cobre Ltd, FAR Ltd, Recce Pharmaceuticals and Galileo Mining

Benzinga

Sydney, July 11, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies: Cobre Ltd (ASX:CBE) has started the next stage of drilling at the Ngami Copper Project (NCP) within the Kalahari Copper Belt (KCB), one of the most prospective copper belts in the world.

40
article thumbnail

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

article thumbnail

Defense Firm Said U.S. Spies Backed Its Bid for Pegasus Spyware Maker

NYT M&A

The American contractor L3 Harris is said to have cited support from intelligence officials for its effort to acquire NSO, the Israeli spyware company blacklisted by the Biden administration.

article thumbnail

Armstrong Flooring Announces Successful Bid for North American Business and Binding Bids to Acquire Chinese and Australian Businesses

Benzinga

LANCASTER, Pa., July 10, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (OTC: AFIIQ ), a leader in the design and manufacture of innovative flooring solutions ("Armstrong Flooring" or "the Company"), today announced that it has entered into a binding Asset Purchase Agreement with a consortium of buyers consisting of AHF, LLC and Gordon Brothers pursuant to which these buyers will acquire substantially all Armstrong Flooring Inc.'s North American assets for $107 million in cash and assump

40
article thumbnail

FTI Law Discusses Accountability at the SEC Enforcement Division

Reynolds Holding

Whistleblower Frances Haugen recently reported Facebook to the U.S. Securities and Exchange Commission (SEC) for allegedly fraudulent statements Facebook made to investors. Millions of people all over the world tuned in to hear Haugen testify before Congress about the wrongdoing she witnessed. Right now, the staff attorneys at the SEC’s Enforcement Division are likely conducting an investigation into those allegations.

article thumbnail

10 WWE Things That Cost Less Than Vince McMahon's Hush Money

Benzinga

Celebrity guest appearances. Hefty wrestler salaries. An M&A deal with a rival promotion. A state-of-the-art training facility. Those are just some of the things that cost World Wrestling Entertainment Inc. (NYSE: WWE ) less — and in some cases a lot less — than the sum of money that the company's longtime honcho, Vince McMahon , allegedly paid women to keep allegations of sexual misconduct a secret.

98
article thumbnail

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.