Fri.Nov 17, 2023

article thumbnail

Dirty Air and Green Investments: The Impact of Pollution Information on Portfolio Allocations

Harvard Corporate Governance

Posted by Raymond Fisman (Boston University), on Friday, November 17, 2023 Editor's Note: Raymond Fisman is a Slater Family Professor in Behavioral Economics at Boston University. This post is based on a recent paper by Professor Fisman, Professor Pulak Ghosh , Professor Arkodipta Sarkar , and Professor Jian Zhang. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Does Enlightened Shareholder Va

article thumbnail

Jezebel, the Oral History: ‘There Was This Riotous Sense of Fun’

NYT M&A

The site defined an era of feminism for millions of readers. According to its editors and writers, it was also an exhilarating place to work.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Weekly Roundup: November 10-16, 2023

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, November 17, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of November 10-16, 2023 The California Effect: Visionary Climate Disclosure Laws Will Have FarReaching Impact Posted by Matthew H. Ahrens, Allan T. Marks, and Allison Sloto, Milbank LLP, on Friday, November 10, 2023 Tags: CARB , Climate Disclosure , SB253 , SEC SEC Adopts Short Sale Disclosure Rules Post

188
188
article thumbnail

Algorithmic Pricing Agents and Price-Fixing Facilitators: Antitrust Law's Latest Conundrum

Mogin Rubin M&A

It is an application of artificial intelligence (“AI”) that many businesses, agencies, legislators, lawyers, and antitrust law enforcers around the world are only beginning to confront. It is also among the top concerns of in-house counsel across industries. Competitors are increasingly setting prices through the use of communal, AI-enhanced algorithms that analyze data that are private, public, or a mix of both.

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

Comment on Fannie’s Loan Buyback Sophistry Relies on Modifying Analysts’ Behavior by Jeff Pitts on Facebook

Appraisers Blog

In reply to Sue Louisignau on Facebook. Sue Louisignau we range from appraisals in a beach resort area to rural properties. The county has it all in the way of work, and we are expected to know it all, especially with so little work coming in. Fannie Mae is trying to get rid of us there is no doubt in my mind.

article thumbnail

Jeff Zucker’s RedBird IMI backs latest Barclay offer for the Telegraph

Financial Times M&A

Investor run by former CNN boss offers to help finance deal as German publisher Axel Springer pulls out of auction

Finance 98

More Trending

article thumbnail

AI Can Help Lawyers Overcome The Programming Barrier

Law 360 M&A

Legal professionals without programming expertise can use generative artificial intelligence to harness the power of automation and other technology solutions to streamline their work, without the steep learning curve traditionally associated with coding, says George Zalepa at Greenberg Traurig.

article thumbnail

Comment on FNMA Continued Effort to Get Rid of Appraisers by Sue Louisignau on Facebook

Appraisers Blog

Fannie Mae continues their effort to get rid of Appraisers. This lack of transparency speaks volumes about their true intention.

article thumbnail

Off The Bench: Harbaugh Sits, Pac-12 Chaos, A's Move OK'd

Law 360 M&A

In this week's Off The Bench, the University of Michigan, Jim Harbaugh and the Big Ten ceased their hostilities; two Pac-12 schools won control of the conference but then had that control temporarily paused; and MLB owners unanimously approved the Oakland Athletics' move to Las Vegas. Here, Law360 clues you in on the biggest sports and betting stories that had our readers talking.

73
article thumbnail

Comment on Fannie’s Loan Buyback Sophistry Relies on Modifying Analysts’ Behavior by Sue Louisignau on Facebook

Appraisers Blog

In reply to Jeff Pitts on Facebook. Jeff Pitts I am a rural appraiser with lots of experience…. but retired my SRA a few years ago as no one cared. Still have an RA with MBREA in MA Cover rural southern VT, Part of w MA NH where 3 states meet. DID do an appraisal year ago. FNMA called it out to lender as I didn’t use sales on same road…. not at all comparable.

Comps 75
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

Incorporating Fraud Detection Into Every Audit

Audit Board

You can find a news article about fraud every day. When fraud is so rampant, it seems logical that auditors should uncover fraudulent activity more often. Internal auditors are even expected to consider fraud risks in their audits, but they are rarely equipped for this task. We are not surprised that according to the ACFE’s Report to the Nations , internal auditors have uncovered 16% or fewer fraud schemes annually.

article thumbnail

Mergers and Acquisitions Valuation Strategies: Unlocking the Secrets to Successful M&A Transactions

Sun Acquisitions

Mergers and acquisitions (M&A) have long been a cornerstone of corporate growth and strategy. When two companies decide to join forces, understanding the value each brings to the table is critical to making informed decisions. Valuation is the process of determining the worth of a business, and it plays a pivotal role in M&A transactions. In this blog post, we will dive into different market value methods and strategies used in M&A, shedding light on the secrets to successful M&A

EBITDA 59
article thumbnail

Unlocking Business Success: On-demand Webinar - Taking Control Of Your Growth And Exit Strategy

Benchmark Report

In the fast-paced business world, navigating growth and planning for a successful exit strategy is a challenge every business owner eventually faces. The journey to success involves understanding the nuances of value, timing growth in the market, and ensuring a perfect fit for your business.

article thumbnail

SBA Loans for Shoe and Footwear Manufacturing Businesses

Peak Business Valuation

Shoe and footwear manufacturing businesses produce various types of footwear for men, women, and children. According to IBIS World , the shoe and footwear manufacturing industry has experienced steady revenue and profit growth. In the coming years, we can expect slight growth in this industry. As such, it may be an opportune time to start, purchase , or expand a shoe and footwear manufacturing business.

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

Bona Law Hires Veteran Calif. Antitrust Prosecutor

Law 360 M&A

California-based antitrust boutique Bona Law PC announced this week that it has hired a longtime lawyer within the California attorney general's office as counsel in its San Diego office.

52
article thumbnail

Themes from Q3 Earnings Calls

Auto Dealer Valuation Insights

In our most recent earnings call blog post, Themes from Q3 2023 Earnings Calls, Part 1 Upstream, prevalent themes from E&P companies included discussions about consolidation in the industry, a focus on efficiency of operations, and strong production volumes throughout 2023. This week, we focus on the key takeaways from OFS operators’ Q3 2023 earnings call.

article thumbnail

Novant, Tenet Strike $2.4B Deal For 3 SC Hospitals, Affiliates

Law 360 M&A

Novant Health will pay $2.4 billion to Tenet Healthcare Corp. for three hospitals in South Carolina and their affiliated operations, with a Tenet subsidiary set to help Novant manage the revenue cycles for the hospitals, the companies announced Friday.

52
article thumbnail

An ESOP Philosophy…More Say, More Motivation, More Profit

Gergory Caruso

Humans have a natural desire for autonomy and independence. When management’s style consists of only telling employees what to do, this can lead to lower self-esteem, resentment, and anxiety in employees. ESOPs (Employee Stock Ownership Plans) can lead to a better management style that can positively impact both employees and profit. ESOP managers often use […] The post An ESOP Philosophy…More Say, More Motivation, More Profit appeared first on The Art of Business Valuation.

article thumbnail

Fannie Mae Objects To AmeriFirst Loan Servicing Sale 

Law 360 M&A

Fannie Mae has asked a Delaware bankruptcy judge to reject mortgage lender AmeriFirst Financial's proposal to sell $8 million worth of servicing rights to Fannie Mae loans, saying the deal can't go through until it signs off.

52
article thumbnail

Creating Your “Stop Doing” List to Focus on What Matters

Rhythm Systems

Companies need more time, talent, and resources. To fuel winning moves, you must shift focus and investment away from less promising options. In Chapter 4 of Rhythm: How to Achieve Breakthrough Execution and Accelerate Growth , Patrick Thean tackles this challenge - how to identify and halt initiatives and activities that are distracting you from what truly matters.

52
article thumbnail

Rio Tinto Pays $28M To Settle SEC Fraud Suit

Law 360 M&A

Mining giant Rio Tinto PLC has agreed to pay $28 million to settle the U.S. Securities and Exchange Commission suit against the company over its public forecasts for the success of an ultimately decimated Mozambique mining project, according to a letter filed Friday in New York federal court.

52
article thumbnail

Ratcliffe nears $33-a-share deal for a minority stake in Manchester United

Financial Times M&A

The deal would value the Premier League football club at about $5.

90
article thumbnail

FounderMetrics: Olivia Mae Hanlon

Vested

Olivia Mae Hanlon, the founder of Girls in Marketing, joins Ifty Nasir for FounderMetrics episode four to share business insights, marketing tips and more!

article thumbnail

Practical M&A Treatise: 2024 Edition is Here!

John Jenkins

John has recently put the finishing touches on the annual update for the Practical M&A Treatise. This 848-page resource covers a broad range of topics, including the mechanics of an M&A transaction, documentation, disclosure, tax, accounting, antitrust, contractual transfer restrictions, successor liability, antitakeover & fiduciary duties of directors and controlling stockholders.

49
article thumbnail

Taxation With Representation: Skadden, Goodwin Procter

Law 360 M&A

In this week's Taxation with Representation, Young & Co.'s Brewery PLC acquires City Pub Group, H.I.G. Capital buys DX Group, Boston Properties sells a stake to Norges Bank and Q4 Inc. goes private.

Banking 40
article thumbnail

Groundworks® Expands Strategic Service Offerings with the Acquisition of Eco-Soil Stabilizers

Benzinga

VIRGINIA BEACH, Va., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Groundworks® , the nation's leading foundation and water management solutions company, announced today the acquisition of Eco-Soil Stabilizers. Based in Canyon Lake, Texas, the company serves residential customers and home builders with proprietary soil stabilization injection technology.

article thumbnail

Rithm, Sculptor Close $720M Merger After Settling Del. Suit

Law 360 M&A

Real estate and financial services-focused asset manager Rithm Capital Corp. and alternative asset manager Sculptor Capital Management Inc. on Friday announced that their $720 million merger has closed, a milestone that comes just three days after Sculptor settled a Delaware Chancery Court class action over the proposed deal.

40
article thumbnail

Dresner Partners Advised Bedding Industries of America on Its Merger With Saatva

Benzinga

CHICAGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Dresner Partners, an award-winning, FINRA-registered, middle-market investment bank and Mergers Alliance member firm, is pleased to announce that it served as the exclusive financial advisor to Bedding Industries of America (BIA) for its merger with Saatva, the country's premier online retailer of luxury mattresses and bedding products.

article thumbnail

Oracle Tells Vice Chancellor $5M Moot Fee Unjustified

Law 360 M&A

An attorney for Oracle urged a Delaware vice chancellor Friday to resist stockholder calls to award a $5 million mootness fee, which he said neither mooted nor resolved anything in a years-long, ultimately dismissed suit targeting the company's $9.3 billion deal for Netsuite.

40
article thumbnail

Comment on Seller Filed a Racial Bias Complaint Against Me by Mike Ford, AGA

Appraisers Blog

In reply to Page. Page, normally as appraisers it behooves us to avoid being side tracked by partisan politics. In answer to your question, AFTER the Abeena Horton misrepresented “bias” case in Florida, Joe Biden in a purely pandering announcement confessed that “the federal government has been systematically biased for decades”… But he didnt identify how, or take responsibility for his confession.

article thumbnail

Health Care Holding Biz To Go Public Via SPAC Merger

Law 360 M&A

South Korea-based global health care holding company OSR Holdings Co. Ltd. announced that it will become a publicly traded company following its merger with special-purpose acquisition company Bellevue Life Sciences Acquisition Corp.

40
article thumbnail

Evaluating Your Firm’s Margin

Auto Dealer Valuation Insights

An RIA’s margin is a simple, easily observable figure that condenses a range of underlying considerations about a firm that are more difficult to measure. As much as a single metric can, margins reflect the health of a firm—indicating whether a firm has the right people in the right roles, whether it’s charging enough for services, whether it has enough (but not too much) overhead, and much more.

52
article thumbnail

FTC Challenges $142M California Hospital Deal

Law 360 M&A

The Federal Trade Commission said Friday that enforcers are challenging John Muir Health's planned $142.5 million deal to take sole ownership of San Ramon Regional Medical Center over concerns about the price and quality of inpatient hospital care in the San Francisco Bay Area.

40
article thumbnail

Everton FC Faces Relegation Over Penalty For Lost Revenue

Law 360 M&A

Everton FC was hit with a 10-point season deduction for failing to generate enough revenue as required by the Premier League's financial rules, according to a league statement Friday, in a decision that puts the English soccer club in danger of relegation to a lower division.

40