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The Market for CEOs: Evidence from Private Equity

Harvard Corporate Governance

For example, Cziraki and Jenter (2021) study CEO changes at S&P 500 companies from 1993 and 2012 and find that internal promotions are much more common than external hires: 80% of new CEOs are insiders and 90% are either the hiring firm’s current executives, former executives, board members, or co-workers of its directors.

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Lower 2021 thresholds announced for merger reviews under Competition Act and Investment Canada Act

Deal Law Wire

The threshold for certain pre-closing net benefit reviews under the Investment Canada Act (ICA) and the threshold for a pre-closing merger notification under the Competition Act have now both been released for 2021. It is adjusted annually, and for 2021 the threshold is C$415 million, down from C$428 million in 2020.

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Cornerstone International Alliance sets new record: $1.3 billion in business transactions

Exit Strategy

2021 […] The post Cornerstone International Alliance sets new record: $1.3 billion in business transactions appeared first on Exit Strategies Group, Inc.

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Is W3BCLOUD A Pick And Shovel Play For The Web3 Sector? What Investors Should Know

Benzinga

The merger values W3BCLOUD at an enterprise value of $1.25 Social Leverage launched the SPAC in 2021 to find a company in the fintech, enterprise software or consumer technology sector with an enterprise value of $1 billion or more.

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Representation and Warranty Insurance for M&A Deals: Cooling Market and Emerging Trends

Cooley M&A

The American Bar Association’s Private Target Mergers & Acquisitions Deal Points Study estimates that 55% of private transactions used R&W insurance in 2023, a fall from the record 65% set in 2021. The overall number of claims has increased because of the M&A boom in 2020 and 2021. Retention The standard retention (i.e.,

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Data Update 1 for 2021: A (Data) Look Back at a Most Forgettable Year (2020)!

Musings on Markets

I spent the first week of 2021 in the same way that I have spent the first week of every year since 1995, collecting data on publicly traded companies and analyzing how they navigated the cross currents of the prior year, both in operating and market value terms. Data Update 2 for 2021: The Price of Risk!

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Remarks by Commissioner Uyeda at the Georgetown Law Hotel and Lodging Summit

Harvard Corporate Governance

11] This was a quintessential investment decision involving the appropriate enterprise value of two different entities, not a vote on a routine matter or a non-binding shareholder proposal. Some statistics: as of December 31, 2021, U.S. 11, 2021)], available at [link]. (go 29, 2021, at p.5, 33-10835 (Sept.

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