Mon.Feb 24, 2025

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Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores

NYT M&A

The announcement that the chain would close all 800 of its stores in 49 states comes after a period of financial turmoil.

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When will we see mass adoption of gen AI?

Mckinsey and Company

Generative AI adoption is taking longer than expected. But AI innovation is rapidly accelerating, and businesses must seize the opportunity to stay competitive.

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Trending Sources

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Skadden, Ropes & Gray Advising On 23andMe Buyout Bid

Law 360 M&A

The CEO of 23andMe has teamed up with private equity firm New Mountain Capital on an offer to purchase and take the genetic testing company private at an equity value of approximately $74.7 million, according to a filing with the U.S. Securities and Exchange Commission.

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Smarter growth, lower risk: Rethinking how new factories are built

Mckinsey and Company

A tailored, thoughtful combination of cutting-edge technologies, stronger contracting skills, and deep supply chain capabilities can get a new factory up and runningwithout costly delays.

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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.

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Embattled Wood Group enters takeover talks with UAE’s Sidara

Financial Times M&A

Middle Eastern company has made a fresh approach after walking away from offer last year

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ButcherJoseph Advises ERW Site Solutions on a Sale to Its Employees

Butcher Joseph & Co.

ButcherJoseph served as financial advisor to ERW Site Solutions on a sale to its employees. The post ButcherJoseph Advises ERW Site Solutions on a Sale to Its Employees appeared first on ButcherJoseph & Co.

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More Trending

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Senior Associate Jacob Kaplan Earns CPA Designation

Trout CPA

We are delighted to celebrate an important milestone in Jacob Kaplans career as he officially earns his Certified Public Accountant (CPA) designation!

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Thoma Bravo targets European software bargains with new €1.8bn fund

Financial Times M&A

Private equity investors partner says the regions market isnt as crowded as in the US

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Affiliated Entities, Conflicting Duties, and the Business Judgment Rule

Farrel Fritz

I am increasingly encountering businesses that straddle across several different entities, especially LLCs. The popularity of LLCs, their relatively low cost of organization, and business owners’ apparent desire to compartmentalize their businesses means that, these days, there are good odds that even the simplest businesses are actually a combination of two or more affiliated entities with the same management and ownership.

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Saudi Arabian group buys controlling stake in Singapore commodities trader

Financial Times M&A

Gulf state aims to secure critical food supply chains and reduce reliance on imports

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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

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Valuation Multiples for an Interior Design Business

Peak Business Valuation

The interior design industry helps clients create unique, functional, and aesthetically pleasing environments. With the growing demand for interior design services, we can expect the industry to generate billions in 2025. As such, running an interior design business can be very rewarding. If you want to buy , grow , or sell an interior design business , consider obtaining a business valuation.

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Exit Strategies Group Advises Clayton Controls in Sale

Exit Strategy

Exit Strategies Group recently served as financial advisor to the owners of industrial automation solutions provider Clayton Controls, on their sale to KKR portfolio company Flow Control Group. Effective February 3, 2025, this acquisition adds market coverage, talent and technical services to FCGs growing industrial automation group. Transaction terms will not be disclosed.

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Telefónica's $1.2B Argentina Unit Sale Gets Competition Probe

Law 360 M&A

The president of Argentina has disclosed plans to probe whether the $1.25 billion sale by Spanish telecommunications giant Telefnicaof its business in the South American country to Telecom Argentina will create a monopoly.

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Navigating Probate Funding: Bridging Financial Gaps During Estate Settlements

Financial Analyst Insider

When someone passes away, their estate often undergoes a legal process called probate. This can involve organizing assets, settling debts, and ultimately distributing what remains The post Navigating Probate Funding: Bridging Financial Gaps During Estate Settlements appeared first on Financial Analyst Insider.

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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.

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US Steel, Nippon Urge Court Not To Toss Cleveland-Cliffs Suit

Law 360 M&A

U.S. Steel and Nippon Steel have pressed a Pennsylvania federal court to leave intact their suit accusing Cleveland-Cliffs and United Steelworkers union leadership of illegally conspiring to prevent their planned $14.9 billion merger, arguing that they're trying to block an "unlawful agreement," not shut down political speech.

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Telefónica strikes $1.2bn deal to sell Argentina unit

Financial Times M&A

Sale to firm partially owned by Grupo Clarn triggers antitrust scrutiny from President Javier Milei

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CPKC Tells DC Circ Gov't Merger Approval 'Airtight'

Law 360 M&A

Canadian Pacific Kansas City is defending the government's approval of the $31 billion merger that created the railroad, telling the D.C. Circuit to reject a challenge to that decision because there was no flaw in the Surface Transportation Board's findings.

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Apollo to buy Bridge Investment as it accelerates drive into real estate

Financial Times M&A

Private capital group is seeking to intensify competition with rivals including Blackstone

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Moves To Change Del. Corporate Law Spark Pushback

Law 360 M&A

A public opposition campaign complete with website and street signs has surfaced to oppose corporation and bar-backed legislation that would overhaul Delaware stockholder litigation rights and fee awards, intensifying an already unprecedented political fight that broke out last year over corporate governance concessions.

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Internal audit and AI: my thoughts

Norman Marks

I have been following many threads on this topic. I do not profess to be an expert on AI, and I am a retired rather than an active head of internal audit (CAE).

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CVC Sells Stake In India Hospital Chain To KKR For $400M

Law 360 M&A

Private equity shop CVC on Monday announced that it has agreed to sell its majority stake in Indian oncology hospital chain Healthcare Global Enterprises to Simpson Thacher & Bartlett LLP-advised KKR for $400 million.

Equity 52
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M&A Disclosure: Del. Chancery Rejects Claims Based on 11th Hour Developments

John Jenkins

Here’s a scenario that’s guaranteed to put a knot in any M&A lawyer’s stomach – on the eve of a target’s stockholders meeting to vote on a proposed stock deal, the buyer’s board announces that it’s conducting an internal investigation in response to a whistleblower complaint and that one of the buyer’s directors, who was […]

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Antitrust In Retail: Rude Awakening For FTC In Tempur Sealy

Law 360 M&A

A Texas federal court's recent denial of a Federal Trade Commision order to stop a giant mattress merger because of lack of evidence on market segments shows that such definitions are only a viable path for regulating vertical mergers if antitrust agencies provide adequate documentation, says David Kully at Holland & Knight.

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Just Eat deal delivers a fresh playbook for Prosus

Financial Times M&A

Amsterdam-listed tech investor doubles down on food delivery in Europe

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Steward Health Risking Patient Lives At Hospitals, Buyer Says

Law 360 M&A

The buyer of eight Steward Health Care hospitals said the bankrupt company is putting patients' lives at risk by failing to provide funds and services it promised, urging a Texas federal judge to compel Steward to comply with contracts it signed as part of its hospital sales.

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Demonstrating Alignment of CEO Pay and Performance

Harvard Corporate Governance

Posted by Ira Kay and Max Jaffe, Pay Governance LLC, on Monday, February 24, 2025 Editor's Note: Ira Kay is a Managing Partner and Mike Kesner is a Partner at Pay Governance LLC. This post is based on their Pay Governance memorandum. Introduction Realizable pay (“RP) is composed of cash compensation paid (e.g., salary, actual bonus awards and payouts of cash-based long-term incentives) and the value of equity awards using the stock price at the end of the assessment period.

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How Design Thinking Can Help Lawyers Find Purpose In Work

Law 360 M&A

Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.

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Rethinking Shareholder Contracting: The Design of Corporate Altering Rules

Harvard Corporate Governance

Posted by Sarath Sanga (Yale Law School) and Gabriel Rauterberg (Michigan Law School), on Monday, February 24, 2025 Editor's Note: Sarath Sanga is a Professor of Law and Co-Director of the Center for the Study of Corporate Law at Yale Law School, and Gabriel Rauterberg is a Professor of Law at the University of Michigan Law School. This post is based on their recent article forthcoming in Yale Journal on Regulation , andis part of the Delaware law series ; links to other posts in the series are

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Blackstone Paying $5.65B For US Marina Servicing Giant

Law 360 M&A

Blackstone has agreed to acquire Dallas-based Safe Harbor Marinas, the largest marina and superyacht servicing business in the U.S., from Sun Communities Inc. for $5.65 billion, the companies said Monday.

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Apollo Expands Real Estate Empire with $1.5 Billion Bridge Takeover

Benzinga

Bridge Investment Group Holdings Inc. (NYSE: BRDG ) shares are trading higher on Monday after the company entered a deal to be acquired by Apollo Global Management, Inc. (NYSE: APO ) in an all-stock transaction valued at around $1.5 billion. As per the terms, Bridge stockholders and Bridge OpCo unitholders will receive 0.07081 shares of Apollo stock for each Bridge Class A common stock share and each Bridge OpCo Class A common unit, with an agreed valuation of $11.50 per share or unit.

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4 Firms Advise On Apollo's $1.5B Bridge Investment Buy

Law 360 M&A

ApolloGlobal Management said Monday it has agreed to buy Bridge Investment Group Holdings Inc., a Salt Lake City, Utah-based real estate investment manager, in a $1.5 billion deal steered by four law firms, as Apollo looks to expand its real estate equity and credit offerings.

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4 tips to take the emotion out of recruiting [infographic]

JPAbusiness

We all bring our own biases and prejudices to the task of hiring new staff and it's important to be aware of them. It's equally important to minimise the impact of these personal biases when making important decisions that will impact the future of your business. With this in mind we're sharing an infographic which has been designed to help take some of the emotion out of the hiring process.

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GSK Completes $1.2B Takeover Of US Cancer Drug Biz IDRx

Law 360 M&A

Pharmaceutical giant GSK said Monday that it has completed its acquisition of biopharma company IDRx Inc. in a deal worth up to $1.15 billion in cash to boost its treatment for gastrointestinal cancers.

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Just Eat Takeaway.com bought by South Africa’s Prosus in €4bn deal

The Guardian M&A

Food delivery groups board approves takeover by investor in German rival Delivery Hero Business live latest updates The food delivery business Just Eat Takeaway.com has been snapped up by an investor in its German rival Delivery Hero for 4.1bn (3.4bn), just two months after it left the London Stock Exchange. Just Eats board has unanimously approved the takeover by the South African-owned internet investor Prosus, in an all-cash deal six years after Prosusmade its first effort to buy the British

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