Mon.Nov 27, 2023

article thumbnail

2023 Annual ESG Preparedness Report

Harvard Corporate Governance

Posted by Frederik Otto, Jeannette Lichner and Adélaïde Levassor, The Sustainability Board, on Monday, November 27, 2023 Editor's Note: Frederik Otto is Executive Director, Jeannette Lichner is Senior Advisor, and Adélaïde Levassor is Advisor of The Sustainability Board (TSB). This post is based on the 2023 Annual ESG Preparedness Report by Mr. Otto, Ms.

315
315
article thumbnail

Broadcom-VMware Deal Closure Sends AVGO Stock To New Highs On 'Sizable Synergy Potential'

Benzinga

China has finally approved Broadcom ‘s (NASDAQ: AVGO ) acquisition of VMware (NYSE: VMW ), enabling the $61 billion acquisition to close. The stock has been surging for the past year, up about 85%. Over the past month alone, the stock is up 17% and has created a new 52-week high of ~$1000 as it touched $999.87 on Nov. 20. Broadcom is due to report its fourth-quarter (Q4) earnings on Dec. 7 after market close.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Delaware-Inspired Next Step Toward Brazil Becoming the South American Leader in Corporate Law: Making Public Company Arbitrations a Matter of Public Record

Harvard Corporate Governance

Posted by Caio Machado Filho (Chediak Advogados), Francisco Rüger Antunes Maciel Müssnich (Ferro, Castro Neves, Daltro & Gomide Advogados), and Leo E. Strine, Jr (University of Pennsylvania), on Monday, November 27, 2023 Editor's Note: Caio Machado Filho is a Partner at Chediak Advogados, Francisco Rüger Antunes Maciel Müssnich is a Partner at Ferro, Castro Neves, Daltro & Gomide Advogados, and Leo E.

222
222
article thumbnail

Potter Global Joins KKR's Portfolio, Embraces Comprehensive Employee Ownership Plan

Benzinga

KKR & Co. (NYSE: KKR ) announces the acquisition of Potter Global Technologies, a fire and life safety equipment manufacturer. Deal terms not disclosed. Based in St. Louis, Missouri, Potter provides fire safety and emergency communication equipment used by thousands of customers across diverse end markets, including education, multi-family, industrial, and healthcare.

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

Your Guide to Year-End 2023: Personal Use of a Company Car

ThomsonReuters

It’s a great perk when an employer provides a company car that a worker can also use during non-work hours. But the value of that perk is generally taxable. But how do you tax the value of a noncash fringe benefit? How do you calculate PUCC? There are four methods to calculate personal use of a company car (PUCC): General valuation method. Under this method, the value is the fair market value of the employer-provided vehicle, determined as the amount the employee would pay to a third-party

article thumbnail

Your Alabama Tax Rebate Is on the Way

Machen McChesney

In May 2023, state lawmakers passed a plan that calls for residents to receive a tax rebate. The state has a surplus, which means rebates for millions of state taxpayers.

91

More Trending

article thumbnail

How is the CHRO role changing?

Mckinsey and Company

The new mandate? Propel technological and operating-model changes in HR while still keeping the “human” in human resources.

article thumbnail

Announcing ISA's 2023-2024 Board of Directors

ISA

11/27/2023 12:00:00 AM Voting for ISA's 2023-2024 Board of Directors has ended and we would like to congratulate our recently elected members. Joining the Board of Directors for a three-year term is Tracy Dopko, ISA CAPP. Sue McGovern-Huffman, ISA CAPP has been reelected for a second three-year term. They will join the other members of the Board of Directors for the 2023-2024 year: Susan Boze, ISA AM Pam Campbell, ISA CAPP Len de Rohan, ISA Kathryn Minard, ISA CAPP Alyssa Stevens, ISA AM Irene S

75
article thumbnail

Rethinking the role of the middle manager

Mckinsey and Company

Companies need to uplift their much-maligned middle managers. Not merely a midpoint to the top, they are the true center of the organization.

99
article thumbnail

The Role of a Business Broker in Selling Your Business: Why You Need Their Expertise

Sun Acquisitions

Selling a business is a significant decision that demands careful consideration and meticulous planning. Whether you are a seasoned entrepreneur looking to move on to new ventures or a small business owner seeking retirement, selling a business can be daunting and filled with complexities. That’s where a professional business broker comes into play, acting as a valuable ally in navigating the intricate world of business transactions.

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

Paving the way to resilience: Strengthening public sector adaptation planning and execution

Mckinsey and Company

Increasing resilience to climate change requires a more systematic response than ever before. Governments and public entities play a central role in defining, enabling, and executing it.

78
article thumbnail

Chorus And Build My SOP Acquisition: Landmark Deal Brokered At Benzinga's Cannabis Conference

Benzinga

Chorus Compliance , a subsidiary of SC Labs and a leader in cannabis business software solutions has announced its acquisition of Build My SOP, a company specializing in standard operating procedures and management software for the cannabis industry. This acquisition, which expands Chorus's portfolio to include comprehensive solutions like license management, compliance auditing and employee training, highlights the company's commitment to operational excellence and product quality.

article thumbnail

Author Talks: Walt Hickey explains how what we watch influences what we do

Mckinsey and Company

You may be surprised at how much film and TV have shaped society. Pulitzer Prize winner and data expert Walt Hickey reveals why.

85
article thumbnail

The Wall Street bank cosying up to superstar lawyers

Financial Times M&A

Plus, Signa signals concerns in Europe and professionals take burner phones to Hong Kong

Banking 88
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

A Potent Combo: Misappropriation of Corporate Opportunity Meets Faithless Servant

Farrel Fritz

Misappropriation of corporate opportunity is one of our favorite, most frequently blogged topics on New York Business Divorce. A special kind of breach of fiduciary duty, the corporate opportunity doctrine holds that “corporate fiduciaries and employees cannot. divert and exploit for their own benefit any opportunity that should be deemed an asset of the corporation.

article thumbnail

Benchmark International Successfully Facilitated the Transaction Between Scientific Support Services Limited and Calibre Scientific, Inc.

Benchmark Report

Benchmark International is pleased to announce the acquisition of Scientific Support Services ( SSS ) by Los Angeles-headquartered Calibre Scientific. SSS is a long-established distributor of high-quality laboratory instrumentation including chromatography systems, hydrogen & air generators, gas mixers & diluters, XRF analysers, optical instruments, and consumables.

article thumbnail

A startup's guide to equity compensation

Vested

Working in a startup is like running a marathon with countless hurdles. Getting a piece of the pie motivates potential candidates to join this race (or encourages existing employees to continue it).

Equity 59
article thumbnail

Aviva To Buy Canadian Auto Insurer Optiom For £100M

Law 360 M&A

Aviva PLC said Monday it has inked a deal to buy car replacement insurance firm Optiom for approximately £100 million ($126 million) to expand further into the Canadian market.

article thumbnail

Unpacking the Role of Location in Real Estate Valuation

RNC

Introduction: Real estate valuation is a challenging procedure that entails figuring out a property’s profitable market value by evaluating a number of different aspects. The location is one of these elements that sticks out as being particularly significant and having an impact on the overall values. We will examine the complex relationship between location and real estate valuation in this blog post, as well as how this important component affects property values significantly.

article thumbnail

Firm Bows Out Of Pursuing UFC Fighters For Wage Claims

Law 360 M&A

Sparacino PLLC has agreed to stop contacting Ultimate Fighting Championship contenders who are potential members of a proposed class in a Nevada federal lawsuit that accuses the organization of repressing wages and is already represented by a group of lawyers from several firms.

52
article thumbnail

Navigating the Buffet of Investment Options

Auto Dealer Valuation Insights

The Family Business Director team hopes you and your family had a food-filled and uneventful Thanksgiving, all while steering clear of touchy business conversations. There is a time for those tough conversations, but maybe not at grandma’s table as your uncle wields a carving knife. If you are like me, Thanksgiving has you feeling “full” both in terms of family time and your waistline.

article thumbnail

Holdouts In Alexion Insider Trading Case Get May Trial Date

Law 360 M&A

A Manhattan federal judge set a May 2024 trial date Monday for the last two defendants to deny their participation in an alleged five-man insider trading ring revolving around Alexion Pharmaceuticals Inc.'s $1.4 billion purchase of another biotech firm.

52
article thumbnail

Redpath and Company BottomLine 2023 Year-End Newsletter

Redpath

November 27, 2023 - The Redpath and Company BottomLine Year-End Newsletter is here ! Inside the 2023/2024 edition, you will find tax updates and reporting requirements to assist you with your end-of-year tax-planning and reporting needs.

52
article thumbnail

Robinhood User Says Platform Withheld Info From Investors

Law 360 M&A

Robinhood and four companies whose shares were available for purchase through the platform are being accused of failing to alert an investor to significant developments, including a reverse stock split and two acquisitions, in a pair of lawsuits filed in Massachusetts state court.

52
article thumbnail

Expanding Renewable Reach: Genie Energy Acquires Operational Solar Arrays To Power Schools In Ohio And Michigan

Benzinga

Genie Energy Ltd. (NYSE: GNE ) announced that its subsidiary Sunlight Energy Investments has acquired a collection of 12 operational solar arrays. These arrays, collectively generating 9.4 MW-DC, were purchased from the project developer, marking a significant expansion in Sunlight Energy's renewable portfolio. These solar arrays are strategically located to provide power to school facilities in.

Equity 52
article thumbnail

Elliott Slams Crown Castle For 'Profound Lack Of Oversight'

Law 360 M&A

Activist investor Elliott Investment Management LP on Monday took a jab at telecommunications company Crown Castle Inc., saying the company suffers from a "profound lack of oversight" and a "breathtaking magnitude" of underperformance, and calling for an executive shake-up if the company does not make significant changes.

52
article thumbnail

Unlocking Hidden Risks: The Dangers of Undervalued, Underinsured Businesses

Biz Equity

With recent research indicating that 75% of small businesses are underinsured¹, it’s worth encouraging your clients to take a look at their current business valuation especially when that information dictates their insurance coverage. After all, finding themselves unintentionally part of that statistic could lead to some pretty serious consequences.

article thumbnail

Split 2nd Circ. Partially Revives Nine West Buyout Fraud Suit

Law 360 M&A

A split Second Circuit panel revived some claims in a Chapter 11 suit brought by trustees of women's clothing retailer Nine West over more than $1 billion in allegedly fraudulent transfers, finding the U.S. Bankruptcy Code's safe harbor provision doesn't protect claims tied to payroll transfers in the case.

52
article thumbnail

The Crucial Role of Annual Planning: Charting the Course for Success

Rhythm Systems

In the perpetual whirlwind of daily life, setting aside time for strategic planning often takes a backseat. However, annual planning stands as a foundational pillar for personal and professional growth, acting as a roadmap that guides individuals, businesses, and organizations toward their objectives.

52
article thumbnail

Beard Energy Transition SPAC Axes Tie-Up With Solar Biz

Law 360 M&A

Blank-check company Beard Energy Transition Acquisition Corp. and solar and home energy solutions company Suntuity Renewables jointly announced Monday they have called off their planned merger that would have taken Suntuity public at a pro forma enterprise value of $249 million.

article thumbnail

Corp Fin Issues New CDIs Regarding the Proxy Rules

Cooley M&A

On Friday, Corp Fin released some new CDIs relating to the proxy rules. The CDIs can all be found under the caption Proxy Rules and Schedule 14A , and all are new with one exception for a newly revised CDI under Rule 14a-6. Universal proxy is once again a hot topic, and there are three new CDIs on universal proxy to add to your collection. To learn more about these new CDIs please see the recent PubCo blog post.

52
article thumbnail

Catching Up With Delaware's Chancery Court

Law 360 M&A

Delaware's Chancery Court stuffed a lot into a shortened Thanksgiving week, with new cases involving wrestling promoter Vince McMahon, billionaire Howard Lutnick and activist investor Carl Icahn.

52
article thumbnail

How to Value a Tire Dealership

Peak Business Valuation

The tire dealer industry has retained steady demand for many years. Recently, industry revenue has grown to $45.6 billion dollars. IBIS World expects this upward trend to continue. However, despite this growth, many tire dealerships struggle to remain profitable. This is due to various factors including fluctuating costs of rubber and price-based competition.

article thumbnail

Goodwin Procter Gets Ex-SEC Atty From Morrison & Foerster

Law 360 M&A

Goodwin Procter LLP has hired the former chief counsel of the U.S. Securities and Exchange Commission's division of corporation finance and the past co-chair of one of Morrison & Foerster LLP's practice groups to lead its public company advisory practice.