Sat.Sep 17, 2022 - Fri.Sep 23, 2022

Business Valuation for Buy-Sell Agreements

Chris Curtain

How to Value a Company for Buy-Sell Agreements Buy-Sell Agreements for Closely Held Companies and Their Value As a business owner, you are likely familiar with the importance of a buy-sell agreement.

A Primer on DAOs

Harvard Corporate Governance

Posted by Gail Weinstein, Steven Lofchie, and Jason Schwartz, Fried, Frank, Harris, Shriver & Jacobson LLP, on Saturday, September 17, 2022 Editor's Note: Gail Weinstein is senior counsel, and Steven Lofchie and Jason Schwartz are partners at Fried, Frank, Harris, Shriver & Jacobson LLP. This post is based on a Fried Frank memorandum by Ms. Weinstein, Mr. Lofchie, Mr. Schwartz, Ashar Qureshi , and Amir R. Ghavi.

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The Power of the Pivot: Is Your Business Recession-Resistant?

Viking Mergers

I speak regularly these days with business owners and buyers who have concerns about the market, and specifically, about how their business might fare in a potential recession.

How Accounting Comparability Between Bidders and Targets Affects Deal Outcomes

Reynolds Holding

How comparable are the financial statements of M&A bidders and acquirers in the same industry? And does financial statement comparability affect the outcome of a deal? In a recent paper, available here , we investigate these questions, using a sample of deals between U.S.-listed

French investors first in the queue at the UK’s rummage sale

Financial Times M&A

A flurry of buyers from across the Channel will be joined by dollar-rich US rivals

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Risk Management and the Board of Directors

Harvard Corporate Governance

Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Saturday, September 17, 2022 Editor's Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a Wachtell, Lipton, Rosen & Katz memorandum. INTRODUCTION. Overview.

LaPorte Honored Among “Best Places to Work” in 2022

LaPorte

New Orleans CityBusiness, a bi-weekly business publication, has named LaPorte CPAs & Business Advisors to the list of ‘Best Places to Work’ for the thirteenth… The post LaPorte Honored Among “Best Places to Work” in 2022 first appeared on LaPorte. Newsworthy

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More Trending

French groups swoop for depressed British assets

Financial Times M&A

Xavier Niel builds up stake in Vodafone while Aveva sold to Schneider amid depressed valuations

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Boards Need More Women: Here’s How to Get There

Harvard Corporate Governance

Posted by Maria Castañón Moats and Shannon Schuyler, PricewaterhouseCoopers LLP, on Friday, September 23, 2022 Editor's Note: Maria Moats is Leader of the Governance Insights Center, and Shannon Schuyler is Chief Purpose and Inclusion Officer at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

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Transferring Ownership: What McDonald’s Owners Should be Considering Now

Concannon Miller

McDonald’s new rules may affect a lot of Owners, including how you transfer your restaurants.

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Data ethics: What it means and what it takes

McKinsey Public & Social Sector Insights

Every company must establish its own best practices for managing its data. Here are five pitfalls to avoid based on our conversations with experts and early adopters. Digital Insights Big data Digital

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Investindustrial takes majority stake in luxury food retailer Eataly

Financial Times M&A

Private equity firm buys 52% of group with a €200mn investment

Delaware’s Shifting Judicial Role in Business Governance

Harvard Corporate Governance

Posted by Randall S. Thomas (Vanderbilt University - Law School) , Robert B. Thompson (Georgetown University Law Center), and Harwell Wells (Temple University - James E. Beasley School of Law), on Tuesday, September 20, 2022 Editor's Note: Randall S. Thomas is Professor of Law and John S. Beasley II Chair in Law and Business at Vanderbilt University School of Law, Robert B. Thompson is Peter P. Widenbruch, Jr. Professor of Business Law and Georgetown University Law Center, and Harwell Wells is I.

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Part 2- Inflation and Its Impact on Business Valuation in the US Economy

Biz Equity

The Valuation Focus Evolution

Remedies for M&A Breach of Contract – The Cineplex Case

Reynolds Holding

A remorseful acquirer wants to get out of a merger or acquisition agreement. It concocts a thin justification, which a court wisely rejects, finding unlawful breach. What is the appropriate remedy for harm done to the target?

Blackstone sells Butlin’s back to former owner in £300mn deal

Financial Times M&A

Disposal of UK resort group comes as consumers face a squeeze on their holiday budgets

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What’s Next for US M&A

Harvard Corporate Governance

Posted by Gregory Pryor and Michael Deyong, White & Case LLP, on Wednesday, September 21, 2022 Editor's Note: Gregory Pryor and Michael Deyong are partners at White & Case LLP. This post is based on their White & Case memorandum. As predicted in our previous M&A report, 2022 has not lived up to the runaway performance of 2021.

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Securing Europe’s competitiveness: Addressing its technology gap

McKinsey Public & Social Sector Insights

Even amid war in Europe and the energy and cost of living crisis that has resulted, the region needs to pay attention to its slow-motion corporate and technology crisis. Strategy & Corporate Finance Insights Europe Strategy Digital

What Is My Incentive?

Appraisers Blog

Why would I bother taking on the added risk of an inconvenient process? Where is my incentive again? As an appraiser, I have to ask (seriously) why should I care if the profession has a shortage of skilled appraisers? Logic dictates that If there is a shortage, then I will remain busy.

Germany to nationalise struggling utility Uniper in €29bn bailout

Financial Times M&A

Berlin to take control of what was once Europe’s biggest importer of Russian gas

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Safeguarding Trust: The Board’s Role in Integrating ESG and ERM

Harvard Corporate Governance

Posted by Maria Castañón Moats and Jamie Gamble, PricewaterhouseCoopers LLP, on Tuesday, September 20, 2022 Editor's Note: Maria Castañón Moats is Governance Insights Center Leader and Jamie Gamble is Managing Director at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

To slow down attrition, pay closer attention to what workers really need

McKinsey Public & Social Sector Insights

The Great Attrition continues, but if companies understand the differences among five common employee personas, they may be able to find and retain talent more effectively. Insights on People and Organizational Performance Leadership Managing in Uncertainty Strategy

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5 CEO OKR Examples

Rhythm Systems Growth

CEOs are busy people. They spend most of their time working hard to run their companies effectively. Objectives and Key Results, or OKRs, are one of the most effective tools that executive teams can do in order to achieve their results. KPIs & Dashboards New CEO OKRs

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Orders scarce for Citrix LBO debt sale in sign of weak credit market

Financial Times M&A

Deal reflects difficulties raising funds as the economy turns and interest rates climb

The Global ESG Regulatory Framework Toughens Up

Harvard Corporate Governance

Posted by Chris McGarry, Jacquelyn MacLennan, and Clare Connellan, White & Case LLP, on Monday, September 19, 2022 Editor's Note: Chris McGarry , Jacquelyn MacLennan , and Clare Connellan are partners at White & Case LLP. This post is based on a White & Case memorandum by Mr. McGarry, Ms. MacLennan, Ms. Connellan, Taylor Pullins , Maia Gez , and Mark Clarke.

5 Simple Sense-Checks That Vastly Improve Your Business Valuation

Valutico

5 Simple Sense-Checks That Vastly Improve Your Business Valuation (According to the Experts). It’s easy to get tripped up by detailed assumptions when valuing a business, especially if you’re in a hurry to produce results.

How CEOs Waste Time: 5 Things CEOs Do That Waste Time

Rhythm Systems Growth

CEOs spend their days working long hours, managing employees, and dealing with shareholders. They don’t have much time to focus on their personal lives or hobbies. Accountable Leaders & Teams New CEO

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SoftBank to meet Samsung to explore Arm ‘strategic alliance’

Financial Times M&A

Masayoshi Son will visit Seoul in October to explore tie-up for UK chip designer

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CEO Succession Practices in the Russell 3000 and S&P 500: 2022 Edition

Harvard Corporate Governance

Posted by Matteo Tonello (The Conference Board, Inc.) and Jason D. Schloetzer (Georgetown University), on Monday, September 19, 2022 Editor's Note: Matteo Tonello is Managing Director of ESG Research at The Conference Board, Inc., and Jason D.

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Four Reasons to Align Your Supply Chain and Tax Strategies

Machen McChesney

Did you know that 45% of tax executives say they are not involved in supply chain planning? That’s according to BDO’s 2022 Tax Outlook Survey , which found that business leaders do not always consult with their tax departments on decisions that can affect their companies’ total tax liability.

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The gathering storm: The transformative impact of inflation on the healthcare sector

McKinsey Public & Social Sector Insights

Inflation is at record highs and is now blowing through healthcare. Insights on Healthcare Systems & Services Health care payors Health care providers United States

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Bank of Cyprus/Lone Star: takeover needs more than just a higher price

Financial Times M&A

Not only shareholders but local regulators as well will need convincing

Weekly Roundup: September 16-22, 2022

Harvard Corporate Governance

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 23, 2022 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 16-22, 2022. CEO Political Leanings and Store-Level Economic Activity during COVID-19 Crisis: Effects on Shareholder Value and Public Health. Posted by John Bizjak (Texas Christian University), on Friday, September 16, 2022.

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Inflation Reduction Act of 2022: Key Highlights

Gross Mendelsohn

President Joe Biden recently signed the Inflation Reduction Act of 2022 into law. The new legislation intends to curb inflation by decreasing the amount of money the government spends, imposing new streams of revenue and lowering both healthcare and energy bills for Americans.

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Software bill of materials: Managing software cybersecurity risks

McKinsey Public & Social Sector Insights

As software-related vulnerabilities continue to grow, companies must manage their software cyber risks to innovate faster and create safer, more secure digital products. Cybersecurity Software Cybersecurity/Risk Risk Management

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Bertelsmann puts M6 up for sale after failed merger attempt

Financial Times M&A

Several European billionaires interested in acquiring French TV business

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SEC Issues Final Rules for Pay Versus Performance Disclosure

Harvard Corporate Governance

Posted by Daniel Laddin and Louisa Heywood, Compensation Advisory Partners, on Wednesday, September 21, 2022 Editor's Note: Daniel Laddin is a founding partner and Louisa Heywood is an analyst at Compensation Advisory Partners. This post is based on their CAP memorandum.

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