Wed.Jun 08, 2022

article thumbnail

Policy Insights: Say on Climate

Harvard Corporate Governance

Posted by John Galloway, Vanguard, Inc., on Wednesday, June 8, 2022 Editor's Note: John Galloway is Global Head of Investment Stewardship at Vanguard, Inc. This post is based on a publication by Vanguard Investment Stewardship. Executive summary. At this time, Vanguard does not proactively encourage companies to hold a “Say on Climate” vote given the lack of established standards or widely accepted market norms that govern these votes.

article thumbnail

Deal Structures: Negotiating Your Post Closing Agreement

Viking Mergers

At Viking, we firmly believe that one of the best ways to make the right decisions about selling your business (and most anything, really) is to be well-informed. So, we set out to create this four-part series as a practical resource for business owners like you. In Part One, we discussed negotiating payment terms ; Part Two covered how to negotiate assets conveyed ; and in Part Three, we dove into legalities to negotiate in a business sale.

130
130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Four Traps Boards Should Avoid

Harvard Corporate Governance

Posted by David Brown, National Association of Corporate Directors (NACD), on Wednesday, June 8, 2022 Editor's Note: David Brown is managing director of Alvarez & Marsal. This post is based on a NACD BoardTalk publication. The COVID-19 pandemic required directors to immerse themselves in the weeds of day-to-day decision-making. Small decisions, such as who came into the office and how often, became big decisions as the disruption’s massive shock waves impacted almost every aspect of operatio

article thumbnail

Spirit Airlines Postpones Vote On Frontier Merger Following JetBlue's New Takeover Bid

Benzinga

Spirit Airlines Inc. (NYSE: SAVE ) has abruptly postponed its Friday stockholder vote on its merger with Frontier Group Holdings (NASDAQ: ULCC ) after JetBlue Airways (NASDAQ: JBLU ) expanded its unsolicited offer to buy the carrier. What Happened: Spirit and Frontier announced merger plans in February in a deal valued at $6.6 billion; the combined entity would become the nation’s fifth-largest airline.

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

Benchmark International Successfully Facilitated the Transaction Between Notus Heavy Lift Solutions Limited and British Engineering Services Limited

Benchmark Report

Benchmark International is delighted to announce the acquisition of Liverpool-based Notus by Warrington-based British Engineering Services. Notus is an engineering consultancy specialising in the delivery of heavy lift and transport consultancy services, lifting assurance, and the planning and execution of lifting operations. Services are delivered across the energy, rail, defence, and construction sectors throughout the UK and Europe.

article thumbnail

Walmart Heir Rob Walton Buys American Football Franchise Denver Broncos

Benzinga

Rob Walton, one of the heirs of Walmart Inc (NYSE: WMT ) fortune, has agreed to acquire the American football franchise, Denver Broncos. The deal was sealed for $4.65 billion, the Full story available on Benzinga.com.

98

More Trending

article thumbnail

Is Netflix Exploring Acquisition Opportunities? Why Roku Stock Is Surging

Benzinga

Roku Inc (NASDAQ: ROKU ) shares are trading higher Wednesday following a Business Insider report suggesting the company may be in talks to be acquired by Netflix Inc (NASDAQ: NFLX ). According to the report, citing people familiar with the matter, Roku has "abruptly" closed the employee window for trading and talks of. Full story available on Benzinga.com.

98
article thumbnail

Ten ways to accelerate the benefits of digital health in Saudi Arabia

Mckinsey and Company

Saudi Arabia has already taken steps to digitize its healthcare system and fast-track improvements in patient experience, quality of care, and efficiency.

89
article thumbnail

Twitter to share data with Musk as it presses ahead with vote on $44bn deal

Financial Times M&A

Social media company says it expects shareholder vote by early August as it agrees to Tesla boss’s information demand

98
article thumbnail

Congratulating ISA’s 2022 Award Winners

ISA

6/8/2022 12:00:00 AM. The ISA Annual Awards Program gives us the opportunity to recognize individuals who have gone above and beyond to help strengthen the mission of ISA and the personal property appraising profession. In addition to bestowing more than 15 awards this year, ISA would like to give a huge thank you to the board, committee members, members, and staff for their hard work in keeping ISA running smoothly throughout such a difficult year.

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

Khan vows ‘muscular’ US antitrust approach on private equity deals

Financial Times M&A

FTC chair warns of ‘life and death consequences’ when buyout groups own broad sectors of economy

Equity 99
article thumbnail

Spirit delays vote on merger with Frontier, as bidding war with JetBlue heats up.

NYT M&A

A merger of Spirit with either Frontier or JetBlue would create the fifth-largest airline in the United States, which could better compete with the nation’s dominant carriers.

article thumbnail

Top Benefits of Hiring Outsourced Accounting Services

Machen McChesney

Do you outsource HR and IT but feel squeamish about letting someone else get too close to your numbers? You probably have a fluctuating need for a bookkeeper, an accountant, a controller, and a chief financial officer. You could hire all these people, but outsourcing can provide these services when you need them at significant cost savings.

70
article thumbnail

$27M Settlement In Mindbody Suit Yields $7.89M Fee Award

Law 360 M&A

Friedlander & Gorris PA and Berstein Litowitz Berger & Grossmann LLP will collect $7.89 million from a $27 million settlement that Delaware's Chancery Court approved Wednesday in a consolidated stockholder class action over Mindbody Inc.'s $1.9 billion merger in 2018 with Vista Equity Partners.

Equity 75
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

Buying and Selling a File Management, Storage and Transfer Business

Shephard Mullin M&A

Technology solutions for the transfer, storage and management of electronic files and other digital content is vitally important for organizations to meet compliance obligations, ensure adequate data security and to administer company data generally. Companies that provide solutions in this space – including in managed file transfer (MFT), file transfer protocol (FTP), cloud content storage and management and file sync-share, among others – are therefore very attractive targets for buyers in th

article thumbnail

Motivated Business Sellers

A Neumann & Associates

Quite often, motivated investors seeking to buy a business approach our firm directly. This request can take different forms. Investors might respond to a particular business we have advertised for sale (naturally without our firm disclosing the name or location of the company for sale). Another instance an investor might reach out is the desire for an investment in a specific geographical location or market segment/niche for acquisition – and hire us under our Preferred Investor Program (

article thumbnail

Top Benefits of Hiring Outsourced Accounting Services

Machen McChesney

Do you outsource HR and IT but feel squeamish about letting someone else get too close to your numbers? You probably have a fluctuating need for a bookkeeper, an accountant, a controller, and a chief financial officer. You could hire all these people, but outsourcing can provide these services when you need them at significant cost savings.

52
article thumbnail

Top Takeaways from the 2022 Protiviti SOX Survey Report

Audit Board

Protiviti’s 2022 SOX compliance survey reveals that SOX compliance hours and costs continue to climb across most company sizes, industries, and reporting types. The silver lining is that internal audit and SOX teams are ramping up efforts to automate and streamline their compliance efforts — paving the way for greater efficiencies and potential cost savings down the line.

article thumbnail

Simply Better Says Market Woes Made $99M Soda Deal Fizzle

Law 360 M&A

Canadian consumer products company Simply Better Brands Corp. will not go ahead with an announced $99 million deal to acquire Seattle-based Jones Soda Co., which recently added some cannabis products to its line, the two companies have announced.

article thumbnail

Drowning in Debt? Tips on Being Financially Responsible

Financial Analyst Insider

Debt can be a huge burden, both emotionally and financially. If you are drowning in debt, you must take steps to become financially responsible, like. The post Drowning in Debt? Tips on Being Financially Responsible appeared first on Financial Analyst Insider.

52
article thumbnail

FTC Probe Into Rx Middlemen May Spark Industry Shakeup

Law 360 M&A

Concerns that pharmaceutical middlemen inflate drug prices and harm patients have led the Federal Trade Commission to launch a probe into the largely unregulated industry, and legal experts say the move could unwind long-settled mergers and open companies up to prosecution.

52
article thumbnail

Analysis: Kohl's Downhill Road To Seeking A Buyer

Benzinga

The news from earlier this week that Kohl’s Corp. (NYSE: KSS ) was in advanced talks to be acquired by Franchise Group Inc. (NASDAQ: FRG ) marked the beginning of the end for a financially troubled department store chain whose leadership vainly attempted to ignore concerns that it was leading the company in the wrong direction. What Happened: Kohl’s operates 1,100 stores in every state except Hawaii.

article thumbnail

SEC Constitutionality Ruling May Embolden FTC Targets

Law 360 M&A

The Fifth Circuit's recent Jarkesy v. U.S. Securities and Exchange Commission decision — that restrictions insulating administrative law judges from removal, among other policies dictating agency procedures, are unconstitutional — may also apply to the Federal Trade Commission, giving companies strong procedural arguments to disrupt enforcement proceedings against them, say attorneys at Kirkland.

52
article thumbnail

Get state tax proactive – SALT credits, incentives and property taxes

Henry Horne

We’re mid-year, making now a great time to look at state tax items and take proactive steps to comply with and take full advantage of your state tax environment. Yesterday, we talked about reviewing income, net worth and gross receipts tax returns and indirect tax payments. Today, we’ll look at reviewing SALT credits, incentives and … Keep Reading.

52
article thumbnail

CohnReznick Pays $2M To End SEC's Flawed Audits Charges

Law 360 M&A

The New York-based accounting firm CohnReznick LLP has agreed to pay $1.9 million to resolve the U.S. Securities and Exchange Commission's charges that the firm and three partners violated professional rules of conduct leading two clients to file fraudulent financial statements in 2017, according to an SEC order published Wednesday.

article thumbnail

M&A Trends In The Lower And Middle Markets

Benchmark Report

In the first quarter of 2022, global middle-market M&A activity maintained the momentum that we saw in 2021. Last year, lower and middle-market companies played major roles in deal-making activity. Companies of all sizes enjoyed significant buyer interest in sectors ranging from tech, transportation, healthcare, manufacturing, and logistics. A notable imbalance in supply and demand in the lower and middle markets has been driving up the valuations of healthy companies in hot sectors.

article thumbnail

Atlas Holdings Scoops Foster Farms For Undisclosed Terms

Benzinga

Atlas Holdings acquired Foster Farms from entities associated with the Foster Family for an undisclosed sum. Foster Farms is a family-owned provider of fresh, frozen, and prepared poultry products. Foster Farms generated annual revenues of $3 billion and will continue to operate under the Foster Farms name. Foster Farms employed 10,000 skilled team members.

52
article thumbnail

Walmart heir agrees to buy Denver Broncos American football franchise

Financial Times M&A

Reported sum of $4.

98
article thumbnail

SEC Chair Gensler Speaks on Plans to Overhaul Stock Trading

Reynolds Holding

Thank you, Rich (Repetto), for that kind introduction. It is good to be with you again. As is customary, I’d like to note my views are my own, and I’m not speaking on behalf of my fellow Commissioners or the SEC staff. Rich, at last year’s conference, you and I spoke about how technology has transformed and continues to transform our equity. [1]. This has led to some good things.

article thumbnail

Active Health Foods, Inc. Purchases Bioidentical Hormones Inc. and Australian Menopause Centre and Launches $20M Regulation A Offering

Benzinga

Los Angeles, CA, June 08, 2022 (GLOBE NEWSWIRE) -- ACTIVE HEALTH FOODS, INC. (OTC: "AHFD") announces that the Company has signed and closed a definitive Share Purchase Agreement to purchase 100% of the shares of Bioidentical Hormones Inc. (BIO) www.bio-hormones.com , a healthcare holding company, and its principal subsidiary, Australian Menopause Centre (AMC) www.menopausecentre.com.au.

40
article thumbnail

Investor Information Gathering and the Resolution of Uncertainty

Reynolds Holding

Gathering additional information is an instinctive response to uncertainty. This behavior is found in many settings, perhaps most pervasively in capital markets. For example, if investors observe an earnings number that differs from what they expected, they might seek to better understand the number by gathering additional information and context from financial statements or corporate disclosures.

article thumbnail

Proactive news headlines including Hygrovest Ltd, Vango Mining, Australian Strategic Materials and Chimeric Therapeutics

Benzinga

Sydney, June 09, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies: Hygrovest Ltd (ASX:HGV) is continuing to diversify its investments across strategies and sectors while creating value from its existing portfolio of investments. Click here.

Equity 40
article thumbnail

South Korean PE Firm Pays $1.3B For Polyester Film Biz

Law 360 M&A

South Korean private equity firm Hahn & Co. said Wednesday it is buying the polyester film, known as PET, business of conglomerate SK Group for 1.6 trillion South Korean won (about $1.3 billion).

article thumbnail

At 4.1% CAGR, Wood Plastic Composites Market Size to Surpass USD 9.03 Billion by 2027 | Wood Plastic Composites Industry Share, Price, Research report by 2020-2027

Benzinga

Pune, India, June 09, 2022 (GLOBE NEWSWIRE) -- According to a premium research report by Fortune Business Insights™, the global wood plastic composites market is likely to gain impetus from their increasing application in kitchen accessories, home furniture, vehicle interiors, and car speakers. They are considered to be the highest growing plastic additives at present.