Harvard Corporate Governance

OCTOBER 24, 2022

Posted by Scott Hirst (Boston University), Kobi Kastiel (Tel Aviv University), and Tamar Kricheli-Katz (Tel Aviv University), on Monday, October 24, 2022 Editor's Note: Scott Hirst is Associate Professor of Law at Boston University; Kobi Kastiel is Associate Professor of Law at Tel Aviv University and Senior Fellow of the Harvard Law School Program on Corporate Governance; and Tamar Kricheli-Katz is a Professor of Law at Tel Aviv University.

Marketability 261

Marketability 261

Viking Mergers

OCTOBER 28, 2022

The closest thing most small business owners have to a business valuation is a speculation. If that sounds like you, you are far from alone. A recent bank survey revealed that 98% of small businesses can’t put a figure on their company’s value. If the majority of your personal net worth is invested in your company (which is the case for the majority of business owners) that means your business is your most valuable asset – which makes it worthwhile to know its fair value.

Business Valuation 130

Business Valuation Start-ups Finance Banking 130

Mckinsey and Company

OCTOBER 26, 2022

Fintech has moved from the fringes of European finance to its core, but performance varies widely. If all countries could match the best in region, the economic benefits would be considerable.

Finance 137

Finance Banking Technology 137

Benzinga

OCTOBER 28, 2022

Famed investor Warren Buffett once said, “It’s only when the tide goes out that you learn who has been swimming naked.” In other words: An investment may appear promising up to a point. If the company you invested in is too leveraged and the tide turns, everything becomes exposed. And the investment gets spoiled. Tim Melvin has never been caught swimming naked.

Finance 111

Finance Marketability 111

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

Harvard Corporate Governance

OCTOBER 23, 2022

Posted by Brigid Rosati, Kilian Moote, Rajeev Kumar, Michael Maiolo, Georgeson LLC, on Sunday, October 23, 2022 Editor's Note: Brigid Rosati is Managing Director of Business Development; Rajeev Kumar is Senior Managing Director; Kilian Moote is Managing Director; and Michael Maiolo is a Senior Institutional Analyst at Georgeson. This post is based on a Georgeson memorandum by Ms.

249

249

Avanade

OCTOBER 25, 2022

Despite the hype, some believe that the metaverse is a blending of physical and digital in a way that is seemingly inaccessible today. But that couldn’t be further from the truth.

105

105

Benzinga

OCTOBER 27, 2022

Elon Musk has reportedly asked Tesla Inc (NASDAQ: TSLA ) engineers to assess Twitter Inc 's (NYSE: TWTR ) internal codes as he begins his makeover of the microblogging firm after closing a $44 billion buyout. What Happened: Tesla engineers visited Twitter's San Francisco headquarters on Thursday and reviewed the codes to assess what the microblogging site needs, Bloomberg reported , citing people familiar with the matter.

105

105

Harvard Corporate Governance

OCTOBER 22, 2022

Posted by Jason Booth, Insightia, on Saturday, October 22, 2022 Editor's Note: Jason Booth is Vice President of Activism Editorial at Insightia, a Diligent Brand. This post is based on his Insightia memorandum. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian A.

Marketability 244

Marketability Equity 244

Financial Times M&A

OCTOBER 28, 2022

Wall St bankers under pressure to offer heavy discounts on debt to fund acquisition of social media platform

130

130

Mckinsey and Company

OCTOBER 26, 2022

Churn is up. Engagement is down. And year-end reviews are here. Are you worried that giving feedback will make workers feel worse?

136

136

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

Law 360 M&A

OCTOBER 26, 2022

Axos Bank must pay $18.3 million for using a bankruptcy software deal to pilfer MUFG Union Bank's lucrative Chapter 7 trustee deposit business, a Manhattan jury ruled Wednesday.

Banking 98

Banking 98

Harvard Corporate Governance

OCTOBER 24, 2022

Posted by Jason Booth, Insightia, on Monday, October 24, 2022 Editor's Note: Jason Booth is Vice President of Activism Editorial at Insightia, a Diligent Brand. This post is based on his Insightia memorandum. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian A.

Marketability 232

Marketability 232

The Guardian M&A

OCTOBER 28, 2022

The $44bn deal will give world’s richest man control of social media platform with more than 230m users Elon Musk has completed his $44bn takeover of Twitter, taking control of the company and reportedly firing several top executives, including the chief executive, Parag Agrawal. The world’s richest man tweeted “the bird is freed”, in a reference to Twitter’s corporate logo, just hours before a court-ordered deadline to buy the business expired.

Mergers & Acquisitions 98

Mergers & Acquisitions Technology 98

Mckinsey and Company

OCTOBER 28, 2022

Global decarbonization will require a massive build-out of wind and solar farms. But can developers find enough land, secure the supply chain, and recruit workers while maintaining profitability?

112

112

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

Benzinga

OCTOBER 27, 2022

Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk and now, reportedly the owner and head honcho of Twitter Inc (NYSE: TWTR ), tweeted “the bird is freed." What Happened: Musk made his remarks in a tweet late Thursday night, signaling that he had completed his $44 billion takeover of the social media company. the bird is freed. — Elon Musk (@elonmusk) October 28, 2022.

98

98

Harvard Corporate Governance

OCTOBER 25, 2022

Posted by Eleazer Klein, Brandon Gold, Abraham Schwartz, Schulte Roth & Zabel LLP, on Tuesday, October 25, 2022 Editor's Note: Eleazer Klein is a Partner and Brandon S. Gold and Abraham Schwartz are Associates at Schulte Roth & Zabel LLP. This post is based on a piece by Mr. Klein, Mr. Gold, Mr. Schwartz, Adriana Schwartz and Mario Kranjac. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ); Danci

209

209

Rhythm Systems

OCTOBER 28, 2022

Two key concepts in manufacturing that often get misconstrued or even used synonymously are manufacturing productivity and manufacturing efficiency. Do you know what the difference is? Despite these two words pertaining to improving the production process of a manufacturing, agriculture, or service sector company, they refer to different things. Once you think about the differences, you can better utilize productivity and efficiency in your business.

98

98

Mckinsey and Company

OCTOBER 24, 2022

Software-driven cars need new agile, customer-centric processes along the entire product life cycle, with a software- and data-focused architecture, to bring product development into the 21st century.

107

107

Benzinga

OCTOBER 28, 2022

The world’s richest person now owns one of the leading social media platforms with Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk acquiring Twitter Inc. for $44 billion. Here’s what investors would have done if they took a stake when Musk’s initial stake was announced. What Happened: The captivating saga between Twitter and Musk dates back to January when the Tesla CEO began accumulating shares.

98

98

Harvard Corporate Governance

OCTOBER 28, 2022

Posted by Mark T. Uyeda, U.S. Securities and Exchange Commission, on Friday, October 28, 2022 Editor's Note: Mark T. Uyeda is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on his recent public statement. The views expressed in the post are those of Commissioner Uyeda, and do not necessarily reflect those of the Securities and Exchange Commission or its staff.

Banking 201

Banking Enterprise Value Marketability Compliance 201

The Guardian M&A

OCTOBER 28, 2022

Shares taken off stock exchange as world’s richest man completes deal to buy social media platform The world’s richest man, Elon Musk, has completed his $44bn acquisition of Twitter, amid warnings from politicians and campaigners that hate speech on the platform must be held in check. The social media group confirmed the deal in a brief filing on the New York Stock Exchange on Friday morning, disclosing the deal had closed the day before.

Mergers & Acquisitions 98

Mergers & Acquisitions Technology 98

Mckinsey and Company

OCTOBER 28, 2022

Reusable packaging isn’t new, but the concept is gathering renewed momentum as sustainability pressures grow. Four enablers could help leaders overcome current barriers and scale beyond the niche.

105

105

Benzinga

OCTOBER 28, 2022

Cryptocurrency exchange Coincheck will complete its Nasdaq listing by merging with special purpose acquisition company (SPAC) Thunder Bridge Capital Partners IV Inc (NASDAQ: THCP ) in July 2023. The merger was initially planned for March this year when its estimated value was roughly $1.25 billion. “In addition to crypto asset exchanges, Coincheck has expanded its business area to include NFTs, metaverse, and Web3, while keeping fixed costs low and controlling advertising expenses in respo

Marketability 98

Marketability 98

Harvard Corporate Governance

OCTOBER 27, 2022

Posted by Maria Castañón Moats, Paul DeNicola, and Matt DiGuiseppe, PricewaterhouseCoopers LLP, on Thursday, October 27, 2022 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Matt DiGuiseppe is Managing Director at the Governance Insights Center at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

Equity 190

Equity 190

LaPorte

OCTOBER 26, 2022

A nonprofit organization’s board plays a big part in the success or failure of the organization and is responsible for its fiduciary wellbeing. Finding the… The post A Guide to Building a Successful Board first appeared on LaPorte.

98

98

Mckinsey and Company

OCTOBER 26, 2022

The public-sector talent gap directly impacts public welfare. Attracting and retaining workers is a top priority for senior leaders across government. Here’s how they could reenergize hiring now.

104

104

Benzinga

OCTOBER 27, 2022

Twitter Inc. (NYSE: TWTR ) stock will be suspended from trading in the public market even as all signs point to Elon Musk completing the deal to take the social media company private. What Happened: Twitter’s shares will be suspended from the NYSE, effective Friday, Reuters reported, citing information available on the exchange's website. Musk has until Oct. 28 to complete the deal or face the risk of a legal battle with Twitter in the Delaware Chancery Court.

Marketability 98

Marketability 98

Harvard Corporate Governance

OCTOBER 25, 2022

Posted by Vivek Ramaswamy, Strive Asset Management, on Tuesday, October 25, 2022 Editor's Note: Vivek Ramaswamy is the Executive Chairman at Strive Asset Management. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian Bebchuk, and Roberto Tallarita; Does Enlightened Shareholder Value add Value (discussed on the Forum here ) by Lucian Bebchuk, Kobi Kastiel, and Roberto Tallarita; Companies Sh

Marketability 201

Marketability 201

Rhythm Systems

OCTOBER 26, 2022

When you work with so many CEOs, you get to see how they approach problems. They may not always tell you everything, but they will share insights that help you make smarter decisions. In this post, I will share five questions every CEO should answer before making any big strategic moves. These questions will help you understand why they made certain choices and what kind of impact they expect these changes to have on your company.

98

98

Law 360 M&A

OCTOBER 28, 2022

Buzzfeed is not bound by a provision in employee agreements that would have required it to arbitrate a dispute with 91 of the company's current and former employees over stock conversions, a Delaware Chancery Court judge ruled Friday.

98

98

Benzinga

OCTOBER 27, 2022

As Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk’s takeover of Twitter Inc (NYSE: TWTR ) inches closer, banks have reportedly begun to send cash in order to back the deal. What Happened: Late Tuesday, Musk sent a borrowing notice to banks, which led to the initiation of a process now underway, The Wall Street Journal reported , citing people familiar with the matter.

Banking 98

Banking 98

Harvard Corporate Governance

OCTOBER 26, 2022

Posted by Eleazer Klein, Michael Swartz, Adriana Schwartz, Schulte Roth & Zabel LLP, on Wednesday, October 26, 2022 Editor's Note: Eleazer Klein , Michael Swartz , and Adriana Schwartz are Partners at Roth & Zabel LLP. This post is based on a piece by Mr. Klein, Mr. Swartz, Ms. Schwartz, and Brandon Gold. Trends and Developments. Shareholders’ Rights and Shareholder Activism in the USA.

Compliance 197

Compliance 197

ThomsonReuters

OCTOBER 27, 2022

QUESTION: Our company’s group health plan for active employees also covers retirees for 18 months after retirement. While the company pays 100% of the premium for active employees, it pays only 60% of retiree coverage, with the retirees paying the other 40%. Must retiring employees who were covered under the health plan as active employees be offered COBRA coverage?

98

98

Law 360 M&A

OCTOBER 26, 2022

Attorneys contemplating leaving their once-ideal job in BigLaw to start their own business should take certain concrete steps before they depart, such as saving money and drafting a business plan, and prepare for some common challenges, says Claudia Springer at Novo Advisors.

98

98