Harvard Corporate Governance

AUGUST 10, 2022

Posted by Paul A. Gompers (Harvard Business School), Steven N. Kaplan (University of Chicago), and Vladimir Mukharlyamov (Georgetown University), on Wednesday, August 10, 2022 Editor's Note: Paul A. Gompers is Eugene Holman Professor of Business Administration at Harvard Business School; Steven N. Kaplan is the Neubauer Family Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business; and Vladimir Mukharlyamov is Assistant Professor of Finance at the McD

Equity 263

Equity Marketability Private Equity Firm Enterprise Value 263

Chris Curtain

AUGUST 10, 2022

Prepare your business for a business appraisal Small Business Valuation Steps Operating a small business can be extremely rewarding. For some individuals, doing so represents the opportunity to create an enterprise with growth potential. For others, it reflects the chance to build a valuable asset for themselves and generations to follow. Whatever your reason for […].

Business Valuation 130

Business Valuation Appraisal 130

Harvard Corporate Governance

AUGUST 10, 2022

Posted by Anna Restuccia (Harvard Law School), on Wednesday, August 10, 2022 Editor's Note: This post provides the text of the response filed August 4, 2022, by Twitter, Inc. to Elon Musk’s counterclaim (discussed on the Forum here ). This post is part of the Delaware law series ; links to other posts in the series are available here. Plaintiff Twitter, Inc.

Marketability 160

Marketability 160

Mckinsey and Company

AUGUST 10, 2022

While ESG is likely to evolve both in substance and name in the coming years, its underlying impulse is here to say. Here’s how companies can take a more systematic and rewarding approach to ESG.

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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

Benzinga

AUGUST 10, 2022

Elon Musk on Tuesday disclosed in six filings that he sold $6.85 billion worth of Tesla, Inc. (NASDAQ: TSLA ) shares on Aug. 5. He later took to Twitter to clarify that the disposals were a preemptive move to mobilize funds to finance a “hopefully unlikely” Twitter, Inc. (NYSE: TWTR ) deal, if it is enforced and some equity partners don’t come through.

Finance 98

Finance Equity 98

Benchmark Report

AUGUST 10, 2022

Benchmark International is pleased to announce the acquisition of Carlisle-based AndiDrain by Glasgow-headquartered Denholm Energy. Established in 1990, AndiDrain is a liquid waste management and industrial services company offering a range of services such as tinkering, CCTV pipework surveys, waste segregation and recycling, sewer/culvert renovation, and relining.

Marketability 98

Marketability 98

Mckinsey and Company

AUGUST 10, 2022

Although valid questions have been raised about ESG, the need for companies to understand and address their externalities is likely to become essential to maintaining their social license.

100

100

Brian DeChesare

AUGUST 10, 2022

With the possible exception of FIG , oil & gas investment banking generates the highest number of panicked emails and questions. Historically, these panicked questions were usually variations of: “Will I get pigeonholed? I don’t want to be stuck in oil & gas forever. How do I move around? Help!”. That’s still a concern now, but the panicked questions have shifted to: “Will ESG kill the energy star?

Banking 94

Banking EBITDA Dividends Equity 94

Mckinsey and Company

AUGUST 10, 2022

The co-founder and co-CEO of a new think tank, the Institute for Progress, talks about its mission to accelerate scientific, technological, and industrial progress while safeguarding the future of humanity.

Technology 93

Technology 93

Reynolds Holding

AUGUST 10, 2022

On August 31, 2022, the universal proxy rules adopted last year by the Securities and Exchange Commission (SEC) will go into effect. The rules require proxy cards distributed by public companies and activist shareholders in a contested director election to include both sides’ director nominees, so that shareholders can “mix and match” nominees from the company’s and dissident’s slates.

Compliance 124

Compliance Equity 124

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

N Contracts

AUGUST 10, 2022

Regulatory change is a wheel that never stops turning. What do you need to know about regulatory agency activity for July 2022? Our compliance experts break it down in this month’s regulatory brief. Read on for a quick summary.

Compliance 87

Compliance 87

Avanade

AUGUST 10, 2022

Asynchronous care saves time and money because it requires no appointment setting and waiting for the appointment to arrive.

97

97

Machen McChesney

AUGUST 10, 2022

As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business have to comply, and if so, what must be done?

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75

Law 360 M&A

AUGUST 10, 2022

An investor in a special purpose acquisition company about to wind down after a deal to buy Landry's restaurants and the Golden Nugget casinos fell through has sued in Delaware's Chancery Court to prevent the SPAC's sponsors from pocketing $23.7 million in termination fees.

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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

Financial Times M&A

AUGUST 10, 2022

Plus, SoftBank sells off key assets in the fight for survival and the $600mn debt deal that was set up to fail

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84

Law 360 M&A

AUGUST 10, 2022

Law firms are offering fewer signing bonuses and moving back to slower, more deliberate interview processes — a cue for associates to follow suit and consider the long-term advantages of a move instead of short-term financial gain, says Leeron Molloy at VOYlegal.

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NYT M&A

AUGUST 10, 2022

The billionaire entrepreneur said he wanted “to avoid an emergency sale of Tesla stock” if he was forced to complete the buyout of the social media company.

Mergers & Acquisitions 68

Mergers & Acquisitions 68

Law 360 M&A

AUGUST 10, 2022

A Redbox Entertainment Inc. shareholder sued the company in Delaware's Chancery Court to investigate its pending merger with Chicken Soup for the Soul Entertainment Inc., filing the complaint just hours before a majority of stockholders approved the deal that is expected to close Thursday.

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Essentials of Corporate Finance

AUGUST 10, 2022

The Senate recently passed the Inflation Reduction Act of 2022. Major components of the Act include spending on climate change, increased IRS spending, and measures to lower the cost of prescription drugs. In order to pass the Act, a last minute change to get the necessary votes was a 1 percent excise tax on stock repurchases. As we showed in the text, dividends and stock repurchases affect a company and investors in much the same way.

Dividends 52

Dividends 52

Law 360 M&A

AUGUST 10, 2022

A former literary agent told a D.C. federal court on Wednesday that finding the best book deals for authors is more about finding the right editor than securing a high advance payment, as the government continues its bid to block Penguin Random House's purchase of Simon & Schuster.

75

75

Quantive

AUGUST 10, 2022

You’re a small or medium-sized business owner. You take pride in knowing everything you should about your market, customers, and product performance. Your accountant assures you that, based on past performance, you should continue to bring in a tidy profit, pay your taxes, and maintain a healthy cash flow this year. However, you’re aware that […].

Marketability 52

Marketability 52

Law 360 M&A

AUGUST 10, 2022

Elon Musk is piling up cash and appears to be paring down objections to closing a $44 billion take-private deal with Twitter, in moves now seen by some as wavering on his effort to terminate the deal.

75

75

Vested

AUGUST 10, 2022

There’s no doubt about it, Covid has forever changed the future of remote working. Pre-2020, working from home was, for most offices, a distant possibility almost along the lines of Star Trek. Work from home? Sure, maybe when we can teleport!

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52

Henry Horne

AUGUST 10, 2022

The IRS has released a guide for reporting 1099s, 1098s and other various forms. The guide provides useful information including the title of what the form is reporting, the responsible party for what the form reports, a link to the form and the instructions, the amounts required to report, the date the form is due … Keep Reading. The post IRS releases guide for reporting 1099s appeared first on Henry+Horne.

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52

Benzinga

AUGUST 10, 2022

YORK, Pa., Aug. 10, 2022 (GLOBE NEWSWIRE) -- Stambaugh Ness (SN) is pleased to announce the addition of Alicia Afalonis as Director, Tax. In her role, Alicia will work with clients nationally to provide deep taxation expertise, primarily in the areas of merger and acquisition and international tax. . During her extensive career, Alicia spent several years at Big 4 firms as both Principal and, most recently, Managing Director.

Compliance 52

Compliance Equity Technology 52

Law 360 M&A

AUGUST 10, 2022

Sidley Austin LLP has added a Jones Day veteran to boost its mergers and acquisitions and private equity practices in New York.

Equity 52

Equity 52

Benzinga

AUGUST 10, 2022

Catalent Inc (NYSE: CTLT ) agreed to acquire Metrics Contract Services , a full-service specialty Contract Development and Manufacturing Organization, for $475 million from Mayne Pharma Group Limited. Upon completion, the acquisition will strengthen Catalent's integrated oral solid formulation development, manufacturing, and packaging capabilities.

Marketability 52

Marketability 52

Reynolds Holding

AUGUST 10, 2022

Today [August 10], the Commission is considering whether to propose joint amendments with the Commodity Futures Trading Commission (CFTC) to Form PF, an important reporting tool that the Commission and the Financial Stability Oversight Council (FSOC) use, respectively, to protect investors and monitor systemic risk. I am pleased to support the proposal because, if adopted, it would improve the quality of the information we receive from all Form PF filers, with a particular focus on large hedge f

Treasury 45

Treasury Equity Marketability Finance 45

Benzinga

AUGUST 10, 2022

Twitter Inc (NYSE: TWTR ) shares are trading higher Wednesday after Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk sold shares of the electric vehicle company, noting that the funds could be used for a potential Twitter deal. According to several SEC filings, Musk sold nearly $7 billion worth of Tesla stock between Aug. 5 and Aug. 9. The Tesla CEO said he sold the shares to.

52

52

Law 360 M&A

AUGUST 10, 2022

UnitedHealth Group's CEO told a D.C. federal judge Wednesday there's no reason to fear misuse of data gleaned from the proposed $13.8 billion purchase of Change Healthcare because UnitedHealth's own OptumInsight data unit is carefully designed to serve all health insurers and not just subsidiary UnitedHealthcare.

40

40

Benzinga

AUGUST 10, 2022

Gemini Therapeutics Inc (NASDAQ: GMTX ) and privately held Disc Medicine Inc have entered into a merger agreement in an all-stock transaction. The combined company will focus on advancing Disc's pipeline of hematology programs, including multiple patient studies for its clinical-stage programs bitopertin and DISC-0974. The combined company will operate under the Disc Medicine moniker, trade.

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Essentials of Corporate Finance

AUGUST 10, 2022

As we discussed in the textbook, stock prices move when unexpected news comes to light. Economists expected that inflation for July would be 8.7 percent, lower than June's 9.1 percent. Instead, it was announced today that July's inflation was "only" 8.5 percent. The stock market reacted dramatically as the S&P 500 jumped about 2 percent and both the Nasdaq and Russell 2000 jumped almost 3 percent.

Marketability 40

Marketability 40

Benzinga

AUGUST 10, 2022

ITT Inc. (NYSE: ITT ) has acquired Clippard Instrument Laboratories' product lines of durable, low maintenance, and cost-competitive interchangeable pneumatic cylinders. Deal terms were not disclosed. The product lines include stainless steel, brass, and aluminum cylinders and volume tanks. This acquisition will expand ITT's Compact Automation product offering of air cylinders and.

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Law 360 M&A

AUGUST 10, 2022

Sears is asking a New York bankruptcy judge to approve a $175 million deal to resolve claims former CEO Eddie Lampert and others profited by spinning off the retail chain's assets while the company spiraled into bankruptcy.

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