Mon.Sep 12, 2022

article thumbnail

2022 Proxy Season Review: Say-on-Pay and Equity Compensation Plan Voting

Harvard Corporate Governance

Posted by Jeannette Bander, Heather Coleman, and Marc Treviño, Sullivan & Cromwell LLP, on Monday, September 12, 2022 Editor's Note: Jeannette Bander , Heather Coleman , and Marc Treviño are partners at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Ms. Bander, Ms. Coleman, Mr. Treviño, June Hu , Brittney Kidwell, and Rebecca Rabinowitz.

Equity 236
article thumbnail

DIVISION HIGHLIGHT: KNOXVILLE, TN

Viking Mergers

Kyle Valentine leads Viking’s efforts in the East Tennessee market and brings with him more than a decade of business development and recruiting experience. Kyle has partnered with some of the most respected companies in American business to provide talent across all departments. With this experience, Kyle brings a valuable perspective when guiding and assisting East Tennessee entrepreneurs with the most important financial decision of their life – selling their business.

Start-ups 130
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

NYSE’s Proposed Relaxed Pricing Limits for Primary Direct Listings

Harvard Corporate Governance

Posted by Pamela Marcogliese, Taryn Zucker, and Lauren Lee, Freshfields Bruckhaus Deringer LLP, on Sunday, September 11, 2022 Editor's Note: Pamela Marcogliese is partner, Taryn Zucker is counsel, and Lauren Lee is an associate at Freshfields Bruckhaus Deringer LLP. This post is based on their Freshfields memorandum. On December 22, 2020, the U.S. Securities and Exchange Commission (“SEC”) approved the New York Stock Exchange’s (“NYSE”) rule proposal that fundamentally changed the structure of d

220
220
article thumbnail

JPMorgan To Buy This California Payments Startup To Take On Jack Dorsey's Block: Report

Benzinga

Financial services giant JPMorgan Chase & Co. (NYSE: JPM ) has agreed to acquire California-based Renovite Technologies to solidify its presence in the payment processing arena, CNBC reported. Renovite is a provider of cloud-native software products and services to mission-critical payment systems. JPMorgan reportedly ran trials with Renovite as a vendor last fall and decided to go ahead with the acquisition after it was left impressed with the latter’s products, especially a cloud-bas

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

Glass Lewis Comment Letter to the SEC on Enhanced Disclosure of ESG Issues

Harvard Corporate Governance

Posted by Nichol Garzon-Mitchell, Glass, Lewis & Co., on Monday, September 12, 2022 Editor's Note: Nichol Garzon-Mitchell is Chief Legal Officer and Senior Vice President of Corporate Development at Glass, Lewis & Co. This post is based on a comment letter submitted by Glass Lewis to the U.S. Securities and Exchange Commission regarding the Proposed SEC Climate Disclosure Rule.

206
206
article thumbnail

Retrospective Meetings: Bringing the Post Mortem Business Meeting to Life

Rhythm Systems

You've done it! You and your team have finished a significant project and are ready to celebrate. Your team did a great job adjusting to the challenges and delivering on the project. The team worked hard to get everything done, and they succeeded. It was a significant accomplishment, and everyone deserves a pat on the back. How do you follow up on this project?

98

More Trending

article thumbnail

Is Your Small Business the Best Version of Itself?

BV Specialists

From a personal perspective, we all have stages in our life where we strive to become the best version of ourselves, by improving our overall lifestyle in areas such as health, career, and relationships. Small business owners should take a similar look at their company and ask the same questions. Is my operation the best version of itself or are there ways to significantly improve it in the coming years?

article thumbnail

The Labor Crisis: Where Are All the Workers?

Gross Mendelsohn

When I ask business owners about the challenges facing their business, there is one common theme that runs across all industries — the labor dilemma. By now, we have all experienced the effects of the “Great Resignation.” Local businesses have shortened operating hours, closed on certain days or reduced menu offerings because they simply cannot find enough workers.

79
article thumbnail

EY’s challenge only just beginning after leaders sign off on historic split

Financial Times M&A

The Big Four firm will have to persuade audit and consulting partners that a radical shake-up is in their interests

98
article thumbnail

Catching Up With Delaware's Chancery Court

Law 360 M&A

Basketball and comic book legends made appearances in Delaware's Chancery Court during a shortened holiday week, along with gamblers, grocers, scientists and oil drillers. An investor in a company for building products petitioned for an appraisal, and a social media giant scored a win in its lawsuit against a big buyer with cold feet.

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

Purpose Investments Comments on Plan for Crypto Funds Following Ethereum Merge

Benzinga

TORONTO, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose") announced today its plan for the upcoming Ethereum Merge (the "Merge"), the Ethereum network's transition to a proof-of-stake (PoS) consensus mechanism, which is expected to be completed in the coming days. The exact timing of the Merge, based on timelines provided by the Ethereum Foundation, is expected to occur by September 20, 2022, with current estimates pointing to September 15, 2022.

article thumbnail

Third Point Walks Back Request For Disney To Spin Off ESPN

Law 360 M&A

Activist investor Third Point LLC is hitting the brakes on a plan to try to get The Walt Disney Co. to separate ESPN into a stand-alone entity, after the CEO of Disney reportedly said the company had been "deluged" with interest from companies that want to buy the sports network.

74
article thumbnail

Goldman Sachs Prepares for Layoffs as Deal-Making Slows

NYT M&A

The bank reported in July that its profit had fallen because of shakier economic conditions.

Banking 92
article thumbnail

Customer Pledges, Lack Of Rivals Sunk FTC's Illumina Case

Law 360 M&A

Federal Trade Commission staffers lost their in-house challenge to Illumina's $8 billion reacquisition of cancer testing outfit Grail because they couldn't show meaningful competitors to Grail existed and couldn't get around company commitments guaranteeing customer access to Illumina's DNA sequencing technology, according to text of a decision unsealed Monday.

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.

article thumbnail

Surprisingly, Aside from $500M+ Megadeals, 2022 Is A Normal M&A Year

Benzinga

The popular press notion that 2022 has been a disastrous M&A year in U.S. Cannabis is not the case. The graph breaks U.S. Cannabis M&A into deal size categories. Taken from the top: Green represents transactions over $500M, Brown indicates $100M-$500M deals, Blue depicts $25M-$100M deals, and Yellow represents transactions under $25M. 2021 was the outlier year, with three megadeals totaling $3.41B, contributing to a $10.3B total.

article thumbnail

FCA Puts Conditions On $1.7B Link Group Takeover

Law 360 M&A

The Financial Conduct Authority told software company Dye & Durham on Monday to set aside up to £306 million ($358 million) in redress if it wants to go ahead with its AU$2.47 billion ($1.7 billion) acquisition of financial data services firm Link Group.

52
article thumbnail

The Aspects of Smart Exit Planning

Hallmark Brokers

It’s been said that the ideal party guest is one who understands when it’s a good time to depart. For business owners, this also holds true. Departing a franchise or business you own is sometimes a difficult choice to make. If you choose to do so, having an effective exit strategy is what will make. Read more. The post The Aspects of Smart Exit Planning appeared first on Hallmark Brokers.

52
article thumbnail

August 2022 SAAR

Auto Dealer Valuation Insights

The August SAAR was 13.2 million units, down 1.1% from last month but up 0.7% from August 2021. This month’s data release marks the third month in a row that the SAAR has been in the low 13 million-unit range, with the metric seemingly having stabilized in the short term. To illustrate this trend, the average SAAR has been 13.1 million units over the last four months.

52
article thumbnail

Overall negative Life Sciences Sentiments recorded in August 2022

Fox Corporate Finance

The FCF Life Sciences team continuously analyses the current sentiments in the European life sciences venture capital funding sector. For August ’22, venture capital funding continues to decline. All life sciences subsectors (i.e. Biotech, HealthTech, Read more. The post Overall negative Life Sciences Sentiments recorded in August 2022 appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

Ra Medical Systems Announces Reverse Merger; Combined Company To Focus On Cardiac Arrhythmias

Benzinga

Ra Medical Systems Inc (NYSE: RMED ) has agreed to merge with privately held Catheter Precision Inc , a medical device and technology company focused on cardiac electrophysiology. Under the terms of the agreement, Catheter Precision will become a wholly owned subsidiary of Ra Medical in a stock-for-stock reverse merger transaction. If completed, the merger will result in a combined publicly traded company that will focus on the cardiac electrophysiology market.

article thumbnail

Agricultural Investment Vehicle Targets £200M Public Float

Law 360 M&A

An agricultural investment vehicle said on Monday that it intends to raise £200 million ($234 million) by floating on the London Stock Exchange, in an initial public offering it is pitching as a safe bet in a volatile market.

article thumbnail

Why Zoom Video Communications might be undervalued

Valutico

Zoom Video Communications Inc. Weekly Valuation – Valutico | 26 August 2022. Link to the detailed valuation: here. Zoom (ZM:NASDAQ) reported earnings per share of $1.05 in the second quarter of its 2023 financial year, exceeding analyst expectations by 12%. It also increased revenue by 8% compared to the same quarter last year, however this did miss analyst expectations slightly.

article thumbnail

Conflicts of Laws and the Internal Affairs Doctrine

Farrel Fritz

The legal concept of “conflicts of laws” is difficult, to say the least, confounding even seasoned litigators and judges, with bulky treatises and entire law school classes devoted to the subject. Generally speaking, the term of art “conflicts of laws” refers to the question of how to determine which state’s laws provide the rules of decision to resolve a particular problem, controversy, or dispute.

52
article thumbnail

Vista Capital Advisors & Valutico Host Valuation Event in Brussels

Valutico

Vista Capital Advisors & Valutico Host Valuation Event in Brussels. Vista Capital Advisors and Valutico are joining forces on the 29th of September for an interactive seminar on business valuations. If you’re interested in learning more about the topic of how to value a business, then you’re invited to join us live in person in Brussels, please find the details below. .

article thumbnail

Overall negative Life Sciences Sentiments recorded in August 2022

Fox Corporate Finance

The FCF Life Sciences team continuously analyses the current sentiments in the European life sciences venture capital funding sector. For August ’22, venture capital funding continues to decline. All life sciences subsectors (i.e. Biotech, HealthTech, Read more. The post Overall negative Life Sciences Sentiments recorded in August 2022 appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

K2 University Expands Salesforce Offering After Acquiring Focus on Force

Benzinga

LONDON, Sept. 12, 2022 (GLOBE NEWSWIRE) -- K2 University , a global leader in IT training and certified provider of Salesforce training, today announced its acquisition of Focus on Force, a company specialising in training and certifications across the Salesforce ecosystem. The acquisition will help K2 University accelerate its strategy to help create the talent and skills required to address the global shortage of Salesforce professionals needed by 2026, according to the latest study by IDC. .

article thumbnail

Going Private: Wachtell Updates its Guide

John Jenkins

Wachtell Lipton recently published the 2022 edition of its Going Private Guide. The 85-page guide is full of insights into all aspects of the going private process.

56
article thumbnail

SEC Enforcement Chief Speaks on the Need to Police Crypto

Reynolds Holding

This morning, [1] I’d like to return to a theme I’ve touched on repeatedly in speeches throughout my first year on the job, and that is the urgent need to restore trust in our institutions, government, and the legal and regulatory processes. I’ve previously discussed the importance of corporate responsibility, the critical role of gatekeepers, the necessity for proactive compliance and cooperation, and the pervasive – yet unpersuasive – mantra of “regulation by enforcement,” in connection

article thumbnail

McKinsey’s unorthodox general counsel

Mckinsey and Company

On paper, Pierre Gentin is a legal all-star. In person, he’s a lot more.

71
article thumbnail

Brown & Brown, Inc. announces the asset acquisition of VistaNational Insurance Group, Inc.

Benzinga

DAYTONA BEACH, Fla., Sept. 12, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE: BRO ), and Kahlil Hogan, Thomas Mathew, Richard Mathews, William Novak, David N. Schwimmer and Brian Walsh, the shareholders of VistaNational Insurance Group (VistaNational), today announced that Brown & Brown of Illinois, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of VistaNational. .

40
article thumbnail

SEC Says Adviser's Clients Paid Founder's $50M Tax Bill

Law 360 M&A

The U.S. Securities and Exchange Commission announced Monday that two investment advisers have agreed to pay $11.2 million in civil penalties for allegedly charging private equity clients over $50 million to cover income tax liability that should have been paid by the billionaire founder of one of the firms.

Equity 40
article thumbnail

Breast Pump Market to Generate Revenue of $2.38 Billion by 2028 | Mothers in Developed Countries 10 Times More Likely to Buy Breast Pump Than Developing

Benzinga

Westford, USA, Sept. 12, 2022 (GLOBE NEWSWIRE) -- A recent report by SkyQuest on breast pump market finds that the number of women using breast pumps has increased by 33% since 2007, totaling more than six million women in the US alone. The demand for breast pumps is likely due to factors like more women working outside of the home and more opportunities for women to become pregnant later in life.

article thumbnail

NC Approved Monopoly, Health System Says In Antitrust Case

Law 360 M&A

The current and former owners of a North Carolina hospital system are looking to duck an antitrust lawsuit alleging that they drove up the price of health insurance for public employees, telling a federal judge the hospital's alleged monopoly was sanctioned by the state.

40
article thumbnail

Proactive news headlines including Electric Royalties, Altaley Mining, QC Copper and Gold, Kenorland Minerals, Infinity Stone and KEFI Gold and Copper

Benzinga

New York , Sept. 12, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Altaley Mining appoints seasoned professional Mike Struthers as CEO click here. Electric Royalties reveals positive PEA results for the Mont Sorcier project in Quebec click here.

40