Harvard Corporate Governance

JANUARY 10, 2023

Posted by Charles McConnell, Xuan Jin, White & Case LLP, on Tuesday, January 10, 2023 Editor's Note: Charles McConnell is a Partner and Xuan Jin is Counsel at White & Case LLP. This post is based on their White & Case memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver to All Stakeholders?

Finance 177

Finance 177

Benzinga

JANUARY 10, 2023

Benzinga. Coinbase Bows Down To Macro Headwinds, To Let Go Of 950 Employees. Coinbase Global, Inc (NASDAQ: COIN ) disclosed a restructuring plan letting go of 950 employees, helping it reduce its operating expenses by 25% amid the crypto meltdown. Coinbase looks to incur $149 million - $163 million in total restructuring expenses, consisting of $58 million - $68 million in cash charges related to employee severance and other termination benefits.

Start-ups 98

Start-ups Marketability 98

Harvard Corporate Governance

JANUARY 10, 2023

Posted by Anne Thompson (University of Illinois), Oktay Urcan (University of Illinois), and Hayoung Yoon (Southern Methodist University), on Tuesday, January 10, 2023 Editor's Note: Anne Thompson is an Associate Professor of Accountancy and Oktay Urcan is a Professor of Accountancy at the University of Illinois Gies College of Business. Hayoung Yoon is an Assistant Professor of Accounting at Southern Methodist University Cox School of Business.

Marketability 184

Marketability Equity 184

Mckinsey and Company

JANUARY 10, 2023

When the times get tough, the tough get innovative and create paths to future growth.

Corporate Finance 141

Corporate Finance Finance 141

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

Machen McChesney

JANUARY 10, 2023

Most U.S. states require businesses to collect and remit sales and use taxes even if the business has no in-state physical presence, only an economic presence within their state. Remote sellers, licensors of software, and other businesses that provide services or deliver their products to customers from a remote location must comply with state and local taxes.

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87

Mckinsey and Company

JANUARY 10, 2023

The world will need more sterile products than manufacturers have or can build capacity for. But they can create capacity and take market share by running higher volumes through their existing lines.

Marketability 79

Marketability 79

Mckinsey and Company

JANUARY 10, 2023

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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76

Law 360 M&A

JANUARY 10, 2023

Faced with a potential economic downturn this year, attorneys should look to strengthen client relationships now by focusing on key ways to improve the client experience, starting with a check-in call to discuss client needs and priorities for the coming year, say attorneys at Troutman Pepper.

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75

Mckinsey and Company

JANUARY 10, 2023

Advances in biological science could help the world overcome its most pressing challenges in health and sustainability. Europe’s Bio Revolution could translate scientific strengths into impact.

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75

Law 360 M&A

JANUARY 10, 2023

A stockholder of a Microsoft Corp. merger target sued the acquired company in Delaware's Court of Chancery for records leading up to the $190 million deal, alleging that the company's common stockholders were shut out of pre-deal financing that diverted most of the merger proceeds to insiders.

Finance 75

Finance 75

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

National Law Review M&A

JANUARY 10, 2023

Louis Lehot Eric Chow Jurisdiction: All Federal Type of Law: Corporate & Business Organizations Communications, Media & Internet Mergers & Acquisitions

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72

Financial Times M&A

JANUARY 10, 2023

Covid-19 vaccine maker is looking to use machine learning to help discover new treatments

Start-ups 98

Start-ups 98

Mckinsey and Company

JANUARY 10, 2023

Fashion brands can forge stronger connections with this segment by pursuing four strategies.

Marketability 96

Marketability 96

Law 360 M&A

JANUARY 10, 2023

Directors at Jack Dorsey's Block Inc. carefully scrutinized a proposed deal to buy Norwegian music-streaming service Tidal in 2021, an attorney for the company told Delaware's Court of Chancery Tuesday, urging the court to toss a shareholder's claims that Dorsey's friendship with rap mogul Shawn "Jay-Z" Carter tainted the deal.

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73

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

National Law Review M&A

JANUARY 10, 2023

McDermott Will & Emery Jurisdiction: All Federal Type of Law: Antitrust & Trade Regulation Administrative & Regulatory Mergers & Acquisitions Litigation / Trial Practice

61

61

LaPorte

JANUARY 10, 2023

LaPorte CPAs & Business Advisors has a proud history of serving the nonprofit community. A principal component of that commitment is sharing our knowledge and… The post Our Commitment to Our Nonprofit Clients first appeared on LaPorte.

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52

National Law Review M&A

JANUARY 10, 2023

Riley Lagesen Landes Taylor Stephen Baird Draeke H. Weseman Jurisdiction: All Federal Jason B. Jendrewski Type of Law: Biotech, Food, Drug Labor & Employment Mergers & Acquisitions Corporate & Business Organizations David A.

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Law 360 M&A

JANUARY 10, 2023

Bankrupt cryptocurrency platform Voyager Digital Holdings received court approval Tuesday in New York for a $1 billion sale of digital assets to crypto exchange Binance US that will migrate most customer holdings to the purchaser's platform following the termination of a prior deal with FTX US.

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52

Audit Board

JANUARY 10, 2023

In our Spotlight on Success series, Pooja Knight, AVP of ERM and Climate Change at Arthur J. Gallagher & Co. , shares how audit, risk, and compliance teams are leveraging AuditBoard’s connected risk platform to engage their global business owners to understand their top risks across regions. Gallagher is one of the world’s largest insurance brokerage, risk management, and consulting firms providing services in more than 130 countries.

Compliance 52

Compliance 52

Appraiser Newsroom

JANUARY 10, 2023

Spotlighting member promotions. As part of The ASA Difference Campaign, the Society has launched a new member Marketing Toolkit with FREE turnkey digital marketing tools that can be customized with member’s business contact information and photos. The materials position member’s as accredited experts, a critical differentiator that leads to business growth.

Marketability 52

Marketability 52

Benzinga

JANUARY 10, 2023

Motus GI Holdings Inc (NASDAQ: MOTS ) has initiated a process to explore a range of strategic and financing alternatives. As part of this process, the company has engaged Lake Street Capital Markets LLC as an advisor. In addition, the board has approved a strategic restructuring program to preserve capital by initially. Full story available on Benzinga.com.

Finance 52

Finance Marketability 52

Trout CPA

JANUARY 10, 2023

Written by Andrew Rice, CPA, CVA , Managing Director of Trout CPA’s Transaction Advisory Services. Over the years, I have sat in many management and year-end board meetings to discuss the performance and overall health of the company. My observation is that the controllers and CFOs in the room spend far too much time discussing the bottom line (net income).

EBITDA 52

EBITDA Finance Marketability 52

Benzinga

JANUARY 10, 2023

BioNTech SE (NASDAQ: BNTX ) has agreed to acquire InstaDeep Ltd , a technology company in the field of artificial intelligence ("AI") and machine learning. The transaction includes an upfront consideration of approximately £362 million in cash and BioNTech shares. In addition, InstaDeep shareholders will be eligible. Full story available on Benzinga.com.

Technology 52

Technology 52

Peak Business Valuation

JANUARY 10, 2023

With increased awareness of the importance of mental health, the outlook for counseling centers is positive. As such, this creates an enormous opportunity for individuals looking to buy , grow , or sell a counseling center. The counseling services industry includes psychologists, social workers, and marriage counselors. If you would like to better understand how to increase the value of your counseling center this article is for you!

Business Valuation 52

Business Valuation Appraisal Fair Market Value Marketability 52

Benzinga

JANUARY 10, 2023

Franchise Group Inc (NASDAQ: FRG ), the owner of Vitamin Shoppe, shares popped late in Tuesday's session and are continuing higher after hours following reports the company is considering going private. Separately, Franchise Group is reportedly eyeing a potential acquisition of Conn's Inc (NASDAQ: CONN ). What Happened: According to a Wall Street Journal Full story available on Benzinga.com.

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52

Benchmark Report

JANUARY 10, 2023

Benchmark International is pleased to announce the acquisition of KES Excavating, a Wisconsin company by Bug Tussel Wireless (Hilbert Communication), also a Wisconsin company.

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52

Benzinga

JANUARY 10, 2023

Global investment firm Carlyle Group Inc (NASDAQ: CG ) bagged a majority stake in VLCC. Terms of the transaction were not disclosed. Founded in 1989 by Vandana and Mukesh Luthra, VLCC is a homegrown pioneer in India's skincare, beauty and wellness market. Carlyle acquired the stake by paying $300 million, Reuters reports. Also Read: Carlyle Raises Over $3B To Tap European Tech Boom.

Marketability 52

Marketability 52

Reynolds Holding

JANUARY 10, 2023

Both anticipated and less expected changes occurred across the ESG landscape in 2022. Anticipated changes included regulatory developments across the globe, including in the US, the UK, and the EU. Less expected changes included global and regional political shifts, such as the fallout from the Russian invasion of Ukraine, the continued evolution of governmental policies following the COVID-19 pandemic (such as responses to labor market challenges and reshoring efforts), and growing political te

Start-ups 56

Start-ups Marketability Banking Finance 56

Benzinga

JANUARY 10, 2023

Oak Street Health Inc (NYSE: OSH ) shares are trading higher as CVS Health Corp (NYSE: CVS ) is reportedly exploring an acquisition of primary care center operator. Bloomberg News reported on Monday, citing people familiar with the matter. The report added that no final decision has been made, and discussions could fall through. Oak Street operated 169 centers across the U.S., providing care for more than 159,000 patients at the end of last year.

Private Equity Firm 52

Private Equity Firm Equity 52

Financial Times M&A

JANUARY 10, 2023

Current investors face almost total wipeout of equity if Indonesian-led offer goes ahead

Equity 74

Equity 74

Benzinga

JANUARY 10, 2023

Frontline Ltd (NYSE: FRO ) shares are trading higher Tuesday after the company announced termination of its combination agreement with Euronav. What To Know: Frontline has terminated the combination agreement it entered into with Euronav in July 2022. As a result, the company will refrain from making a voluntary conditional exchange offer for all outstanding Euronav shares.

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52

Law 360 M&A

JANUARY 10, 2023

Nordic building technology company Caverion Oy on Tuesday said Finnish private equity firm Triton Partners has made an approximately €1.1 billion ($1.2 billion) takeover offer, compared to the €955.3 million offer by a U.S. consortium in November.

Private Equity Firm 40

Private Equity Firm Equity Technology 40

Benzinga

JANUARY 10, 2023

Novartis AG (NYSE: NVS ) said it would narrow its focus on five core therapeutic areas, including cardiovascular, immunology, neurodegenerative diseases, solid tumors, and hematology. But that doesn't mean the Swiss pharma will leave respiratory and ophthalmology altogether, CEO Vas Narasimhan said during the JP Morgan conference. "We have no intention of despite what that Bloomberg article said.

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52

Law 360 M&A

JANUARY 10, 2023

Immunotherapy giant BioNTech announced Tuesday it will buy the remaining shares it doesn't already own of British artificial intelligence technology startup InstaDeep for an upfront cash payment of £362 million ($439 million) in order to incorporate the "rapidly evolving" AI capabilities into its drug technologies.

Technology 40

Technology 40