Harvard Corporate Governance

SEPTEMBER 28, 2023

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Thursday, September 28, 2023 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent testimony. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

Marketability 230

Marketability Equity 230

Redpath

SEPTEMBER 28, 2023

September 28, 2023 - A recent change in Ohio’s tax law, passed by the 135 th Ohio General Assembly, will affect businesses with taxable gross receipts of $3 million or less.

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104

Harvard Corporate Governance

SEPTEMBER 28, 2023

Posted by Angel Tengulov (University of Kansas School of Business), on Thursday, September 28, 2023 Editor's Note: Angel Tengulov is an Assistant Professor of Finance at the University of Kansas School of Business. This post is based on a working paper by Franklin Allen , Marlene Haas, Matteo Pirovano, and Angel Tengulov. Related research from the Program on Corporate Governance includes Stock Investors’ Returns are Exaggerated (discussed on the Forum here ) by Charles Wang, Jesse Fried, and

Marketability 220

Marketability Finance Equity 220

Financial Times M&A

SEPTEMBER 28, 2023

Rating agency says looming ‘race to the bottom’ between banks and private debt funds could erode credit quality

Banking 132

Banking Marketability 132

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

Mckinsey and Company

SEPTEMBER 28, 2023

Middle managers can drive the success of organizations, but first they need the skills to succeed. Targeted training can help.

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110

N Contracts

SEPTEMBER 28, 2023

Financial institutions must develop a disaster recovery (DR) plan to regain critical systems and resume normal operations following unforeseen incidents from wildfires to everyday power outages.

Banking 87

Banking 87

Appraisers Blog

SEPTEMBER 28, 2023

In reply to hammering hank. The gov’t response to covid was FAR worse than the virus itself. I’m 62, had it twice. No shot, no mask, no regrets.

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98

Benzinga

SEPTEMBER 28, 2023

Companies in the junior mining sector are currently operating in a challenging capital-raising environment. The mining industry is highly cyclical, making it susceptible to fluctuations in commodity prices and other macroeconomic headwinds, making investors cautious about funding new exploration and development projects as potential returns may be uncertain.

Marketability 72

Marketability 72

Law 360 M&A

SEPTEMBER 28, 2023

A former Goldman Sachs analyst who also once worked for asset management giant Blackstone Inc. was arrested Thursday and charged with tipping friends about impending mergers and other market-moving events — the latest insider-trading case involving the New York megabank.

Marketability 75

Marketability 75

Benzinga

SEPTEMBER 28, 2023

"The right investors are not scared by the complexity of cannabis regulations ," TILT Holdings (CSE: TILT) (OTC: TLLTF ) CEO Tim Conder said at the Benzinga Cannabis Capital Conference. "If they are, it's a giant red flag," he added. Conder and other industry experts convened at the Marriott Downtown Magnificent Mile in Chicago to explore the intricacies of establishing prosperous cannabis enterprises amidst evolving regulations.

Finance 64

Finance Marketability 64

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

Financial Times M&A

SEPTEMBER 28, 2023

Planned merger would create UK’s biggest supplier of washing machines, dishwashers and cooking appliances

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Appraisers Blog

SEPTEMBER 28, 2023

[link] Special ANSI update on a tenth of an inch difference. It’s getting difficult to take this seriously. Imagine being a seller or buyer with so much on the line in a purchase situation, and the appraiser is droning on about the tenth of an inch ceiling height. And like both agents, the seller, the appraiser, are using three different tape measures to figure this out.

Appraisal 75

Appraisal 75

Benzinga

SEPTEMBER 28, 2023

Cannabis companies led by teams who understand the importance of cash flow and how to work a balance sheet while keeping things "lean and mean" are "going to be the winners." That's according to Jessica Straw , EIR director at Progress Partners , who joined the Benzinga Cannabis Capital Conference Wednesday in Chicago, Illinois, to talk about how to assess the value of a cannabis business.

Marketability 59

Marketability Equity 59

Appraisers Blog

SEPTEMBER 28, 2023

In reply to Baggins. I saw that… lol. This is akin to the ‘What the definition of is…is’ (Looking at you, Slick Willy) When provided this measurement data, are the AVM and AI algorithms that awesome that they can differentiate a tenth of an inch? What is the square footage difference impact on the final value? I’d like to see any appraiser tell a homeowner that the measurements are 6.85′ (and in my overlords benevolence rounded to 6.90′) and do not meet

Appraisal 75

Appraisal 75

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

Benzinga

SEPTEMBER 28, 2023

Sibannac, Inc. (OTC: SNNC ), an Arizona-based company that manufactures and sells wellness products in the CPG space is making strategic moves in the burgeoning cannabis and wellness market. The company reported it has signed an agreement with AllStar Health Brands Inc. (OTC: ALST ) to explore the acquisition of retail cannabis franchises in Ontario, Canada.

Marketability 59

Marketability 59

Merrimack Business Appraisers

SEPTEMBER 28, 2023

When a business valuation matters, supporting details matter. The need for a business valuation is triggered by important situations: selling a business, gifting shares of a business, valuation of assets as part of a divorce settlement, tax matters, and settling disputes. No matter the trigger, the valuation is important. And the supporting details matter.

Business Valuation 59

Business Valuation Appraisal 59

Benchmark Report

SEPTEMBER 28, 2023

Benchmark International is pleased to announce it has been shortlisted for three awards, two at the Insider Dealmaker Awards and one at the Mergermarket M&A Awards 2023. The winners will be announced on the 12 th October and 28 th November respectively.

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Appraisers Blog

SEPTEMBER 28, 2023

In reply to hammering hank. Hank, do you still wear the mask when alone in the car, showering, while sleeping and when its time to eat gingerly lifting it to fork some food in your mouth between bites?

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75

Lighter Capital

SEPTEMBER 28, 2023

When “growth at any cost” was the name of the game in tech, founders could breeze by without calculating and comparing their startup’s EBITDA margin. EBITDA — earnings before interest, taxes, depreciation, and amortization — is a profitability measure that excludes costs that can obscure the true performance of a business. An EBITDA margin is the ratio of EBITDA to revenue; it shows how operating expenses are eating into a company’s profits.

EBITDA 52

EBITDA Finance Start-ups Marketability 52

Peak Business Valuation

SEPTEMBER 28, 2023

Paint businesses primarily provide interior and exterior painting and wall covering services. In some cases, paint businesses may work on bridges, ships, pipelines, etc… In recent years, the paint industry has seen healthy conditions. According to IBIS World , this industry generates over $8 billion in revenue with healthy profit margins each year. We can expect these conditions to remain steady in the coming years.

Business Valuation 52

Business Valuation Start-ups Finance Appraisal 52

Benzinga

SEPTEMBER 28, 2023

Chico's FAS Inc (NYSE: CHS ) shares are rocketing today following the announcement of its acquisition by Sycamore Partners for $1 billion. As per the terms, CHS's shareholders will receive $7.60 per share in cash, representing a 65% premium to its closing price on September 27, 2023 (the last trading day before the transaction's announcement).

Equity 52

Equity Marketability 52

Audit Board

SEPTEMBER 28, 2023

Since 2016, the European Confederation of Institutes of Internal Auditing’s (ECIIA’s) annual Risk in Focus report has sought to help Chief Audit Executives (CAEs) understand how their peers view today’s risk landscape as they prepare their forthcoming audit plans for the year ahead. This year, the Internal Audit Foundation expanded the report worldwide to each of The IIA’s six regions: North America, Asia Pacific, Africa, Middle East, Europe, and Latin America The first-ever Risk in Focus 2024:

Marketability 52

Marketability Market Risk Technology 52

Benzinga

SEPTEMBER 28, 2023

Agricultural machinery maker AGCO Corporation (NYSE: AGCO ) has entered into a Joint Venture (JV) with Trimble Inc (NASDAQ: TRMB ), under which AGCO will acquire an 85% interest in Trimble's portfolio of Ag assets and technologies for cash consideration of $2.0 billion and the contribution of JCA Technologies. The JV will create a global mixed-fleet Precision Ag platform that will be the exclusive provider of Trimble Ag's comprehensive technology offering.

Technology 52

Technology Equity Marketability 52

Audit Board

SEPTEMBER 28, 2023

Survey of Internal Audit Leaders Finds Cybersecurity and Human Capital to Be the Highest Risks Across the Globe LAKE MARY, FL - September 28, 2023 – The Internal Audit Foundation, part of The Institute of Internal Auditors (The IIA), today released the first-ever Global Risk in Focus report series, which surveyed internal audit leaders across Africa, Asia Pacific, Europe, Latin America, the Middle East, and North America to get a pulse on the greatest risks impacting their regions.

Start-ups 52

Start-ups 52

Benzinga

SEPTEMBER 28, 2023

United Parcel Service Inc (NYSE: UPS ) penned a deal to acquire MNX Global Logistics (MNX) for an undisclosed amount. Post-completion, the acquisition is expected to bring more precision and capability to UPS customers in the healthcare and related industries. With the addition of MNX's capabilities in radio-pharmaceuticals and temperature-controlled logistics, UPS Healthcare and its clinical trial logistics subsidiary are expected to meet the rising demand for such services in the industry.

Equity 52

Equity Marketability 52

Rhythm Systems

SEPTEMBER 28, 2023

From Overwork to Focus My longtime friend Colin Campbell, an experienced and successful CEO, found himself living the movie Groundhog Day. Day after day he faced a never-ending pile of work, solving problems that popped up again and again. Colin is an extremely hard worker by nature, but even so, he was dealing with some significant challenges. Meanwhile, without him realizing it, issues at his company, Hostopia, remained unaddressed and grew into even bigger monsters.

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Benzinga

SEPTEMBER 28, 2023

Specialty materials company Eastman Chemical Company (NYSE: EMN ) has entered into a definitive agreement to sell its Texas City Operations, located in Texas City, Texas, to INEOS Acetyls for $490 million. INEOS Acetyls is a global manufacturer and supplier of acetic acid and related chemicals owned by the INEOS Group. Texas City Operations is currently part of.

Equity 52

Equity Marketability 52

Mckinsey and Company

SEPTEMBER 28, 2023

Know which competitors matter the most and predict their next steps with greater accuracy.

Corporate Finance 81

Corporate Finance Finance 81

Benzinga

SEPTEMBER 28, 2023

Polymer additive manufacturer Stratasys Ltd (NASDAQ: SSYS ) said its Board of Directors has initiated a process to explore strategic alternatives for the company. The decision follows its announcement that, based on its preliminary count of the votes cast at the company's Extraordinary General Meeting, the shareholders did not approve the previously announced merger agreement with Desktop Metal Inc (NYSE: DM ).

Equity 52

Equity Marketability 52

Financial Times M&A

SEPTEMBER 28, 2023

Plus, the four-person firm auditing Adani and the insider trading allegations against a former Blackstone and Goldman trader

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Benzinga

SEPTEMBER 28, 2023

Carl Icahn , the famous activist investor, is finalizing his investment in Xerox Holdings Corp. (NYSE: XRX ) by selling his remaining stake to the company for a substantial $542 million. This move marks the conclusion of a tumultuous journey that spanned several years, involving lawsuits and strategic shifts. Under the terms of the agreement, Xerox will repurchase all shares held by Icahn and his affiliates at $15.84 per share.

Finance 52

Finance 52

Law 360 M&A

SEPTEMBER 28, 2023

Desktop Metal Inc. said it is killing its $1.8 billion merger agreement with Stratasys Ltd. after the latter 3D printing company's shareholders voted the contentious bid down Thursday.

40

40

Benzinga

SEPTEMBER 28, 2023

VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- BI GG Digital Assets Inc. ("BIGG" or the "Company") (CSE: BIGG , OTCQX: BBKCF , WKN: A2PS9W)) , owner of Netcoins , and Blockchain Intelligence Group , is pleased to announce that it has completed the previously-announced amalgamation between TerraZero Technologies Inc. (" TerraZero ") and a subsidiary of the Company (the " Transaction "), which resulted in BIGG acquiring all of the outstanding common shares and pref

Technology 40

Technology Compliance 40

Law 360 M&A

SEPTEMBER 28, 2023

Manufacturer and distributor of agricultural machinery and precision agricultural technology AGCO Corp. and technology company Trimble on Thursday announced a joint venture built by three firms that will create a leading mixed-fleet precision agricultural platform that will be the exclusive provider of Trimble Ag's technology offering.

Technology 40

Technology 40