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And the Award for Most Creative Attempt to Evade a Book Value Buy-Sell Provision Goes To.

Farrel Fritz

“Under any standard of value, the true economic value of a business enterprise will equal the company’s accounting book value only by coincidence.” So why do so many shareholder buy-sell agreements require that the shares be purchased for book value? Neville, Rodie and Shaw, Inc. 16, 2024) is the latest.

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Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Brian DeChesare

Some people can do very well at dedicated distressed funds, but in most cases, you’d be better off pursuing the strategy at a broader credit or event-driven hedge fund : What Are Distressed Debt Hedge Funds? Within the “event-driven” category, distressed funds fit in as shown below: How Are Distressed Debt Hedge Funds Different?

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M&A Deal Killers: Business Deal Breaker #4

Viking Mergers

You may have also had your assets valued for tax purposes, and in this case, they may have been appraised at a cost that depreciated over time. This method would deplete the value of your assets and lower the total value of your inventory.

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Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

One way to measure progress on this issue is to look at the portion of the book value of equity at US companies that comes from tangible assets, in the chart below: Looking across all US firms from 1980 to 2022, the portion of book value of equity that comes tangible assets has dropped from more than 70% in 1998 to about 30% in 2022.

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M&A Terms Every Business Owner Should Know

Class VI Partner

Buyers and sellers often disagree about what are truly one-time expenses (one of our favorite sayings is: “Life is a series of one-time events”), or what expenses a buyer should not expect to incur going forward (e.g., In this case, an adjustment to the value of these assets is required to determine Adjusted Net Book Value.

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In the Sale of a Multi-Owner Business, a Buy-Sell Agreement can Save the Day

IBG Business

Preparing your co-owned business for sale should include provisions for responding to unexpected events in an owner’s life. Asset protection: If a triggering event occurs, the agreement creates a source of funding and liquidity and mitigates the need to sell assets. The $55 million sale of I.W. Forms of agreement.

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Valuation Decision Finds LLC “Worthless, Worthless, Worthless”

Farrel Fritz

Garibaldi valued Quattro using an asset approach based upon its “book value” as stated in its financial statement and tax return for the period ended December 31, 2015. One might question the Court’s consideration of post-breach events as supporting the value of Quattro’s majority interest. Thoughts on Quattro.