Harvard Corporate Governance

FEBRUARY 11, 2024

Posted by Maria Castañón Moats, Paul DeNicola, and Catie Hall, PricewaterhouseCoopers LLP, on Sunday, February 11, 2024 Editor's Note: Maria Castañón Moats is a Leader, Paul DeNicola is a Principal, and Catie Hall is a Director at the Governance Insights Center, PricewaterhouseCoopers LLP. This post is based on their PwC memorandum. Introduction A widely accepted notion is that corporate boards function like well-oiled machines.

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Mckinsey and Company

FEBRUARY 13, 2024

Our latest findings bolster the case for programmatic M&A. But beyond doing more deals, what gives programmatic acquirers an edge—and how does their dealmaking translate to value creation?

Corporate Finance 144

Corporate Finance Mergers & Acquisitions Finance 144

Machen McChesney

FEBRUARY 15, 2024

U.S. House Passes Bipartisan Tax Bill to Provide Business Tax Breaks, Extend Child Tax Credit Enhancements The U.S. House of Representatives on January 31 passed the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) by a vote of 357 to 70. The $78 billion bipartisan bill, crafted by Senate Finance Committee Chair Ron Wyden (D-Ore.) and House Ways and Means Committee Chair Jason Smith (R-Mo.), would revive or extend certain business tax incentives and enhance the child tax cred

Finance 109

Finance 109

Benzinga

FEBRUARY 15, 2024

Tiger Global expanded its investment portfolio by acquiring its first stake in the California-based semiconductor manufacturer Broadcom Inc (NASDAQ: AVGO ) in the final quarter of 2023. Simultaneously, Tiger Global aggressively expanded its involvement in the semiconductor industry. Notably, it amplified its holdings in Taiwan Semiconductor Manufacturing Co (NYSE: TSM ) and Lam Research Corp (NASDAQ: LRCX ) by 47.69% and 8.9%, respectively, MarketWatch cites regulatory filings.

Marketability 105

Marketability Technology 105

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

FEBRUARY 15, 2024

Posted by Joseph Yaffe, Page Griffin, and Shalom Huber, Skadden, Arps, Slate, Meagher & Flom LLP, on Thursday, February 15, 2024 Editor's Note: Joseph Yaffe , Page Griffin , and Shalom Huber are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Yaffe, Mr. Griffin, Mr. Huber, Regina Olshan , Erica Schohn , and Joseph Penko.

Equity 303

Equity 303

Mckinsey and Company

FEBRUARY 12, 2024

McKinsey’s latest findings on organizational health demonstrate that it remains the best predictor of value creation and a sustainable source of competitive advantage in today’s global marketplace.

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Vested

FEBRUARY 13, 2024

We sat down with Thirst founder and CEO, Fred Thompson, whose business is on a mission to help startups improve retention and engagement, to talk about startup challenges, morale and building relationships with fellow founders.

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Harvard Corporate Governance

FEBRUARY 14, 2024

Posted by Francesca L. Odell, Jennifer Kennedy Park, and Charity E. Lee, Cleary Gottlieb Steen & Hamilton LLP, on Wednesday, February 14, 2024 Editor's Note: Francesca L. Odell and Jennifer Kennedy Park are Partners, and Charity E. Lee is Counsel at Cleary Gottlieb Steen & Hamilton LLP. This post is based on their Cleary Gottlieb memorandum.

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Mckinsey and Company

FEBRUARY 14, 2024

Technological innovation is transforming every aspect of the mobility sector, and more companies are beginning to investigate disruptive technology. A McKinsey analysis identifies the trends to watch.

Technology 141

Technology 141

Machen McChesney

FEBRUARY 12, 2024

In today’s uncertain marketplace, many businesses are stashing operating cash in their bank accounts, even though they might not have imminent plans to deploy their reserves. However, excessive “rainy day” funds could be an inefficient use of capital. Here’s a systematic approach to help estimate reasonable cash reserves and maximize your company’s return on long-term financial positions.

Banking 105

Banking 105

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

FEBRUARY 15, 2024

Consumers challenging Kroger's $24.6 billion bid for Albertsons defended their revised lawsuit in California federal court against the supermarkets' latest dismissal bid, arguing their tweaked complaint now adequately identifies the affected stores and lays out how the deal threatens competition.

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Harvard Corporate Governance

FEBRUARY 13, 2024

Posted by Leo E. Strine, Jr. (University of Pennsylvania), on Tuesday, February 13, 2024 Editor's Note: Leo E. Strine, Jr. is the Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware.

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Mckinsey and Company

FEBRUARY 11, 2024

Advances in generative AI have accelerated Australia’s automation opportunity. If implemented well, these technologies could improve Australia’s productivity—and the quality of life of its people.

Technology 139

Technology 139

Appraisers Blog

FEBRUARY 14, 2024

Oh please – stop pretending that fee offers are half or less than in ’21 and ’22 – not someone else’s fault you were too stupid to bank it so you could ride out the half fee offers. As Nancy said, just say “NO” – not going to happen – the lambs are returning to their keepers!

Banking 98

Banking 98

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

Law 360 M&A

FEBRUARY 15, 2024

The Seventh Circuit on Thursday upheld a lower court's decision that minors suing Ancestry.com for sharing their genetic testing information can avoid arbitration, saying there was no language in the terms their parents signed designating the children as parties to the agreement.

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Harvard Corporate Governance

FEBRUARY 15, 2024

Posted by Kris Pederson, Barton Edgerton, and Jamie Smith (EY), on Thursday, February 15, 2024 Editor's Note: Kris Pederson is Center for Board Matters Leader, Barton Edgerton is Center for Board Matters Corporate Governance Research Leader, and Jamie Smith is Center for Board Matters Investor Outreach and Corporate Governance Director at EY Americas.

Technology 193

Technology 193

Mckinsey and Company

FEBRUARY 16, 2024

As insurance executives plan for the new year, what’s top of mind? What areas are ripe for innovation? McKinsey Senior Partners Jörg Mußhoff and Fritz Nauck discuss these and other topics.

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Appraisers Blog

FEBRUARY 14, 2024

In reply to Seneca. No. That comment is completely false. If things are working as they should, there is no need for AMC’s at all. Cop out. No lender is required to use an AMC. They can handle this from within.

Appraisal 98

Appraisal 98

Law 360 M&A

FEBRUARY 13, 2024

The European Commission granted conditional approval on Tuesday for the proposed $1.6 billion acquisition of Asiana Airlines by Korean Air Lines Co. Ltd. after accepting modifications to allay competition concerns.

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Harvard Corporate Governance

FEBRUARY 10, 2024

Posted by Gregory V. Gooding, William D. Regner and Jacob Dougherty (Debevoise & Plimpton LLP), on Saturday, February 10, 2024 Editor's Note: Gregory V. Gooding and William D. Regner are Partners, and Jacob Dougherty is an Associate at Debevoise & Plimpton LLP. This post is based on a Debevoise memorandum by Mr. Gooding, Mr. Regner, Mr. Dougherty, Caitlin Gibson , Erik J.

Marketability 179

Marketability 179

Mckinsey and Company

FEBRUARY 16, 2024

Generative AI technologies can automate time-consuming tasks for finance professionals, but can they be trusted to give the right answers?

Finance 126

Finance Technology 126

LaPorte

FEBRUARY 15, 2024

In December, Louisiana’s Department of Natural Resources approved the state’s first offshore wind farm development projects. The two approved projects, which may begin construction as… The post Wind Energy Projects in Louisiana – What’s Happening? first appeared on LaPorte.

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Appraisers Blog

FEBRUARY 16, 2024

In reply to Baggins. Getting my 1 order per year is a breeze. Just bid $99 with an AMC. Getting recertified is even easier…my state just wants your money and proof that you were once an appraiser. No luck required.

Appraisal 98

Appraisal 98

Harvard Corporate Governance

FEBRUARY 14, 2024

Posted by Jamie Smith, EY, on Wednesday, February 14, 2024 Editor's Note: Jamie Smith is EY Americas Center for Board Matters Investor Outreach and Corporate Governance Director. This post is based on an EY memorandum by Ms. Smith and Kris Pederson. In brief Investors want companies to prioritize talent strategy and climate-related business transformation to build resilience in a dynamic business environment.

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Mckinsey and Company

FEBRUARY 13, 2024

Early results from our proprietary CEO Excellence Assessment Tool offer insights into the key issues facing more than 100 CEOs, mostly from Asia, and where they feel most confident—and most vulnerable.

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Law 360 M&A

FEBRUARY 13, 2024

Food company Whole Earth Brands said Tuesday it will be acquired by private equity-backed Sweet Oak Holdings, which will take the company private in a deal worth about $209 million that was crafted by DLA Piper and Greenberg Traurig LLP.

Equity 98

Equity 98

Appraisers Blog

FEBRUARY 16, 2024

In reply to Baggins. Boom! As usual, Baggins, you get to the heart of the matter while grasping the big picture. Other than cookie cutter assignments where an appraiser has already inspected the subdivision, neighborhood, and surrounding area, including recently constructed similar models, these type assignments are undermining basic appraisal due diligence and competent information gathering for credible results.

Comps 98

Comps Appraisal 98

Harvard Corporate Governance

FEBRUARY 15, 2024

Posted by Brian R. Cheffins (University of Cambridge), on Thursday, February 15, 2024 Editor's Note: Brian Cheffins is the S. J. Berwin Professor of Corporate Law at the University of Cambridge. This post is based on his recent paper forthcoming in Martínez-Echevarría y García de Dueñas, A. (dir.), González Sánchez, S.,Bethencourt Rodríguez, G. (coords.), Gobierno Corporativo Sostenible: Regulación vs.

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Mckinsey and Company

FEBRUARY 12, 2024

We all know the best decisions are data driven. So why are so few leaders making good use of their analytics teams?

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Law 360 M&A

FEBRUARY 14, 2024

Former stockholders of drug developer Paratek Pharmaceuticals Inc. have sued five directors and officers in Delaware's Court of Chancery, accusing those named of slow-walking company sale efforts and snubbing up to 50% higher offers in favor of a $462 million deal that allegedly assured the directors and officers maximum benefits.

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The Guardian M&A

FEBRUARY 12, 2024

Diamondback Energy to buy Endeavor Energy Resources, after IEA warning against new fossil fuel developments Business live – latest updates Two American oil and gas companies have said they will merge in a $26bn (£21bn) deal, the latest in a wave of acquisitions designed to buy up the best land for drilling. Diamondback Energy has agreed to buy Endeavor Energy Resources in a takeover that will create a company with a value of about $50bn (£40bn).

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Harvard Corporate Governance

FEBRUARY 12, 2024

Posted by Michael R. Levin, The Activist Investor, on Monday, February 12, 2024 Editor's Note: Michael R. Levin is the Founder and Editor of The Activist Investor. This post is based on his TAI memorandum. Related research from the Program on Corporate Governance includes Universal Proxies (discussed on the Forum here ) by Scott Hirst. For over a year, we and others speculated ESG proponents would pounce on universal proxy card (UPC) as a way to escalate efforts to exert influence over compani

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Mckinsey and Company

FEBRUARY 16, 2024

US consumers are purchasing fewer items across categories, reflecting subtle shifts in shopping behavior with meaningful consequences for consumer-packaged-goods players.

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Law 360 M&A

FEBRUARY 16, 2024

In this week's Off the Bench, the NHL faces allegations of a vast, exploitative antitrust scheme, daily fantasy operators continue facing heat from state regulators, and New York gets a new sports betting player as ESPN Bet hits the Empire State.

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