Mon.Apr 11, 2022

article thumbnail

Back to Basics: Board Meetings

Harvard Corporate Governance

Posted by Natalie Cooper and Robert Lamm (Deloitte LLP), and Randi Val Morrison (Society for Corporate Governance), on Monday, April 11, 2022 Editor's Note: Natalie Cooper is Senior Manager and Robert Lamm is an independent senior advisor, both at the Center for Board Effectiveness, Deloitte LLP; and Randi Val Morrison is Vice President, Reporting & Member Support at the Society for Corporate Governance.

266
266
article thumbnail

Apple Smartwatch Antitrust Case Survives, Showing ‘Freedom of Design’ is Not Absolute

Mogin Rubin M&A

It’s a case that challenges the limits of the “freedom of design” usually enjoyed by companies accused of product design changes alleged to harm competition. Ordinarily, a design change is not the kind of conduct that runs afoul of the antitrust laws, but on March 21, U.S. Judge Jeffrey S. White from the Northern District of California denied Apple Inc.’s motion to dismiss an antitrust case brought against it by AliveCor Inc.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Proposed SEC Cyber Rules: A Game Changer for Public Companies

Harvard Corporate Governance

Posted by Paul Ferrillo (Seyfarth Shaw LLP), Bob Zukis (USC Marshall School of Business), and Christophe Veltsos (Minnesota State University), on Monday, April 11, 2022 Editor's Note: Paul Ferrillo is partner at Seyfarth Shaw LLP; Bob Zukis is Adjunct Professor of Management and Organization at the USC Marshall School of Business; and Christophe Veltsos is a Professor at Minnesota State University.

247
247
article thumbnail

Why VNET Shares Are Surging Today

Benzinga

VNET Group Inc (NASDAQ: VNET ) bagged an unsolicited and preliminary all-cash buyout offer. The Hina Group and Industrial Bank Co., Ltd., Shanghai Branch proposed to acquire VNET for $8.00. Full story available on Benzinga.com.

Banking 98
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 Investors are Assessing Directors on ESG Matters

Harvard Corporate Governance

Posted by Hannah Orowitz and Rajeev Kumar, Georgeson, on Monday, April 11, 2022 Editor's Note: Hannah Orowitz and Rajeev Kumar are Senior Managing Directors at Georgeson LLC. This post is based on their Georgeson memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance by Lucian A.

article thumbnail

Catching Up With Delaware's Chancery Court

Law 360 M&A

Carl Icahn suffered a setback in his quest for Southwest Gas, Cigna Corp. stockholders saw their derivative suit tossed, and Law360 announced its 2022 Delaware Editorial Advisory Board.

98

More Trending

article thumbnail

Why Helping Clients Build Wealth Is Smart Business For Financial Advisors

Truelytics

Modern Financial Advisor Podcast ·. Episode 80 - Why Helping Clients Build Wealth Is Smart Business For Financial Advisors. Growing a wealth management business can feel challenging at times. As Kieran Bol from PriceMetrix by McKinsey noted on a previous episode of the podcast, most financial advisors are not growing their AUM by adding new clients.

98
article thumbnail

Why Datto Shares Are Trading Higher Today

Benzinga

Kaseya agreed to acquire Datto Holding Corp (NYSE: MSP ) for $35.50 per share in an all-cash transaction that valued Datto at $6.2 billion. The offer represented a 52% premium to Datto's unaffected stock price. Full story available on Benzinga.com.

98
article thumbnail

Appraisers Take Heed

Appraisers Blog

Her plight is an attack on occupational licensees everywhere. The nation’s long-suffering real estate appraisers, under attack by Congress in an election year, should pay close attention to what has happened in Nashville… Nurse’s Plight Signals Dystopian Future for Occupational Licensees; Appraisers Take Heed To err is human, but not if you’re a licensed nurse in the Regulatory Republic of Tennessee, where “dog eat dog” has become the state’s unofficial motto.

article thumbnail

WillScot Mobile Mini Acquires Storstac For Undisclosed Sum

Benzinga

Willscot Mobile Mini Holdings Corp (NASDAQ: WSC ) closed the acquisition of Canadian storage services provider Storstac Inc. Deal terms were not disclosed. This. Full story available on Benzinga.com.

98
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

Appraising Closed Companies for Tax Discharge and Dissolution

BV Specialists

In the aftermath of the pandemic and in consideration of continuing economic hardships for many businesses in highly affected industries, such as restaurants and entertainment venues, the reality is that a lot of companies did not survive. These unprecedented times saw a large increase of small business owners struggling to stay afloat in hopes of a turnaround that ultimately took too long to come about.

article thumbnail

Why Are SailPoint Shares Trading Higher Today

Benzinga

U.S. private equity group Thoma Bravo is buying cyber security company SailPoint Technologies Holdings Inc (NYSE: SAIL ) for $6.9 billion, the Financial Times reports. Thoma Bravo looks to pay $65.25 a share for SailPoint, marking. Full story available on Benzinga.com.

Equity 96
article thumbnail

Advanced analytics can help achieve fuel optimization in open-pit mining

Mckinsey and Company

Fuel efficiency and reduction of carbon emissions in mining have become much more distinct possibilities as data collection and advanced analytics have evolved.

92
article thumbnail

Agility, sustainability and manufacturing: What I learned from MEC

Avanade

Metal Exchange Corporation implements Microsoft Dynamics 365 to lower energy usage and support customers with greater speed and agility.

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.

article thumbnail

Truelytics and Blackrock Partner to Bring Unique Data and Analytics to Advisors

Truelytics

Truelytics partners with BlackRock to provide advisors access to data, analytics, and insights to manage and grow their practices.

98
article thumbnail

3 Risk, Compliance & Vendor Management Mistakes that Cost a Fintech $11.5 Million in Fines

N Contracts

Compliance may seem like a gray area at times, especially for companies not accustomed to operating under the mountain of regulations covering the financial services industry. Other times, an issue is so egregious that there is no doubt that a company is in the wrong.

article thumbnail

Thoma Bravo agrees $6.9bn deal for cyber security group SailPoint

Financial Times M&A

Leveraged buyout market is roaring back to life after a pause amid rising volatility and war in Ukraine

article thumbnail

3 Firms Help Guide IGT's €160M Gaming Biz Deal

Law 360 M&A

Gaming company International Game Technology PLC said Monday it's buying gaming content provider iSoftBet for €160 million (about $174 million) in a deal guided by three law firms.

article thumbnail

Twitter/Musk: social media heft is organic, financial clout is regulated

Financial Times M&A

The evaporation of the wisecracking entrepreneur’s invitation to join the board still leaves an awkward situation

92
article thumbnail

In conversation: The CFO’s role in talent development

Mckinsey and Company

By taking the lead in enhancing financial acumen and other capabilities throughout the company, CFOs can raise their leadership profiles and their organization’s game.

article thumbnail

The Future Of Legal Ops: Reining In Outside Counsel Costs

Law 360 M&A

In-house legal departments are under increasing pressure to control spending on outside counsel, but traditional cost-cutting methods — law firm panels, alternative fee arrangements and alternative legal service providers — are limited, making it necessary to establish a more competitive law firm engagement process, say John Burke and Vincenzo Purificato at UBS.

75
article thumbnail

Fanatics plans more deals as it seeks complete sports experience

Financial Times M&A

Trading cards and NFTs key areas for expansion after new funding values US group at $27bn

97
article thumbnail

Day Trader Admits Role In Disney, T-Mobile Fake-Rumor Ploy

Law 360 M&A

A Florida day trader has pleaded guilty to being involved in a yearslong scheme that circulated false rumors about publicly traded companies to drive up the price of the stock and allow the scheme coordinators to profit off its sales, according to the U.S. Securities and Exchange Commission.

75
article thumbnail

Tech stocks: cash, not growth, leads share prices  

Financial Times M&A

Salesforce will have to do more deals after buying Slack to match Microsoft’s suite of services

94
article thumbnail

Evaluating the Evaluation Process for UK Connected Party Sales – One Year On

National Law Review M&A

Jon Chesman Jurisdiction: United Kingdom Type of Law: Global Corporate & Business Organizations Mergers & Acquisitions

73
article thumbnail

March 2022 SAAR

Auto Dealer Valuation Insights

The March 2022 SAAR was 13.3 million units, down 5.3% from 14.1 million in February and down 24.4% from March 2021’s SAAR of 17.6 million units. This drop in the SAAR is a product of several factors, one being the low magnitude of the seasonal adjustment. The seasonal adjustment in this month’s SAAR is minimal compared to adjustments made in January and February, as March is typically a bigger.

59
article thumbnail

Del. Justices Back $20M Claim Right For Nixed NJ Bridge Job

Law 360 M&A

A split Delaware Supreme Court on Monday backed a $20 million victory for a demolition company's former owners in a dispute over a New Jersey bridge job, ruling they gave timely notice to the company's new owners that a claim might be forthcoming.

52
article thumbnail

American Axle & Manufacturing Acquires Tekfor For €125M

Benzinga

American Axle & Manufacturing Holdings Inc (NYSE: AXL ) has agreed to acquire Tekfor Group for an enterprise value of €125 million. Tekfor Group specializes in automotive fasteners and metal-formed components for driveline, powertrain, Full story available on Benzinga.com.

article thumbnail

EU Clears Parker's £6.3B Meggitt Deal With Unit Sale

Law 360 M&A

--SECOND EDITING--European enforcers on Monday approved Parker Hannifin's planned £6.3 billion ($8.2 billion) purchase of engineering group Meggitt PLC, after Parker agreed to unload its entire aircraft wheels and brakes division.

52
article thumbnail

Why Datto Holding Shares Are Rising Today

Benzinga

Datto Holding Corp (NYSE: MSP ) shares are trading higher Monday after the company announced it will be acquired by IT management and security software provider Kaseya for approximately $6.2 billion. The companies entered into a definitive agreement in which Kaseya will acquire Datto for $35.50 per share in cash. The. Full story available on Benzinga.com.

52
article thumbnail

Loan Note: All the latest mid-market trends; insurers want more private debt

Private Debt Investor

Find out all the latest trends in the mid-market with our newly published Mid-Market Lending report. Plus: insurers reveal strong appetite for private debt and abrdn launches new real estate debt fund. Here's today's brief for our valued subscribers only.

article thumbnail

Merger Arbitrage Mondays - WindAcre Doubles Its Stake In Nielsen Holdings (NLSN) And Other Deals

Benzinga

Merger activity decreased last week with three new deals announced and six deals completed. Tivity Health (NASDAQ: TVTY ). Originally known as American Healthways, Tivity Health was founded in 1981. The company provides fitness, health improvement and social engagement solutions through programs that include. SilverSneakers, a health and fitness program that provides gym access and fitness classes for members of Medicare Advantage, Medicare Supplement, and group retiree plans.

Equity 52
article thumbnail

6 Firms Assist As Datto Goes Private In $6.2B Deal

Law 360 M&A

Private equity-backed Kaseya will buy fellow cloud-based software company Datto, which provides cybersecurity and data backup services to small- and medium-sized businesses, in a deal that's valued at $6.2 billion and was driven by six law firms, the companies said Monday.

Equity 52
article thumbnail

E-Home Plans Entering Health Industry Through Zhongrun Acquisition

Benzinga

E-Home Household Service Holdings Ltd (NASDAQ: EJH ), through its controlled subsidiary E-Home Household Service Holdings Limited, has signed a memorandum of understanding to explore the acquisition of Zhongrun Pharmaceutical Co Ltd. The financial details of the deal were. Full story available on Benzinga.com.

52