Harvard Corporate Governance

OCTOBER 24, 2024

Posted by Kathleen Hamm, Public Company Accounting Oversight Board, on Thursday, October 24, 2024 Editor's Note: Kathleen Hamm is the Founder and Managing Member of Pearl Advisory Group. This post is based on her speech. I. Introduction Thank you for that kind introduction, Neil [Strauss, VP and Senior Credit Officer, Moody’s Investors Service], and thank you for inviting me to speak with you and your colleagues at Moody’s here today.

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Technology Marketability 249

NYT M&A

OCTOBER 24, 2024

Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.

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Mergers & Acquisitions 141

Harvard Corporate Governance

OCTOBER 24, 2024

Posted by Cydney Posner, Cooley LLP, on Thursday, October 24, 2024 Editor's Note: Cydney Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. Here are a few interesting snippets regarding shareholder proposals and Item 1.05 Form 8-K from this week’s 2024 Proxy Disclosure & 21st Annual Executive Compensation Conferences from CCR Corp.

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Mckinsey and Company

OCTOBER 24, 2024

Despite technological and geopolitical turmoil, the highest-performing UK companies have created the conditions they need to realize their ambitions for growth. Here’s what they’re doing.

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Technology Corporate Finance Finance 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 24, 2024

Posted by Linda Pappas, Perla Cuevas, and Olivia Wright, Pay Governance LLC, on Thursday, October 24, 2024 Editor's Note: Linda Pappas is a Principal, and Perla Cuevas and Olivia Wright are Consultants at Pay Governance LLC. This post is based on their Pay Governance memorandum. In our prior Viewpoint, “ Recap of the 2024 Say on Pay Season ,” [1] we reported that Institutional Shareholder Services (ISS) opposed 7.7% of S&P 500 Say on Pay (SOP) proposals, an unprecedented low.

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Law 360 M&A

OCTOBER 24, 2024

The Federal Trade Commission wants to know more about Boeing's $4.7 billion plan to take over aircraft parts maker Spirit AeroSystems before it decides whether to sign off on the transaction, new filings have revealed.

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Law 360 M&A

OCTOBER 24, 2024

Cleary Gottlieb-led Keurig Dr Pepper said Thursday it has agreed to purchase Winston & Strawn LLP-advised energy drink purveyor Ghost in a two-part transaction that will include the upfront purchase of a 60% stake in Ghost for $990 million, followed by the purchase of the remaining 40% stake in 2028.

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Appraisers Blog

OCTOBER 24, 2024

I researched the six main appraisal bias cases in the media. Based on my research there was no appraisal bias. The lower appraisal values were accurate. I did notice that all the homes had characteristics which could cause their values to vary greatly if appropriate comparables were not used. Those characteristics were neighborhood, specific location, actual/legal size bed/bath count, condition.

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Appraisal 82

Financial Times M&A

OCTOBER 24, 2024

Decision is a win for antitrust regulators who had argued a deal would strangle competition in ‘accessible luxury’ market

Marketability 101

Marketability 101

Appraisers Blog

OCTOBER 24, 2024

Unfortunately this is a political attack by one party to keep the electorate divided and sow discourse as well as to allow the powers that be increase their control over the lending and appraisal process as well as the public. Follow the money as the saying goes. They have no proof whatsoever. But once they put the allegations of bias out there it has done its damage in the mind of consumers, even if it is proven to be 100% false, which it is.

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Appraisal Marketability 81

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

NYT M&A

OCTOBER 24, 2024

The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.

Mergers & Acquisitions 81

Mergers & Acquisitions 81

Appraisers Blog

OCTOBER 24, 2024

We all know what’s going on here and it has very little or nothing to do with race. “Race” is just a weapon. All you have to do is become familiar with the writings of Marx, Goebbels, The Frankfurt School, Stalin, Lenin, Mao, Hitler, etc., etc., etc. and simply see what’s going on the US and all of Western Civilization. This is a much, much bigger issue than just us appraisers.

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Appraisal 75

Financial Times M&A

OCTOBER 24, 2024

Castle Water’s plans for the troubled utility include an eventual IPO

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Appraisers Blog

OCTOBER 24, 2024

It seems the lender willingness to settle a claim is misinterpreted as the appraiser admitting guilt. Be clear, any lender agreeing to settle is in their own best interest for monetary reasons and has nothing to do with the appraiser. That said, government officials will always take the low road to justify any stand they take; right or wrong. No proof, no crime.

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Appraisal 70

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

OCTOBER 24, 2024

Cigna Group and Frontier Airlines have both restarted once-stalled bids to acquire smaller rivals, rekindling merger rumors spanning the healthcare and airlines industries, while Sports Illustrated's secondary ticket platform wants to borrow up to $50 million to acquire competitor Anytickets. Here, Law360 breaks down these and other notable deal rumors from the past week.

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Benzinga

OCTOBER 24, 2024

Keurig Dr Pepper Inc. (NASDAQ: KDP ) shares are trading lower on Thursday. The company reported third-quarter adjusted earnings per share of 51 cents, which aligned with the street view. Quarterly sales of $3.89 billion (+2.3%) missed the analyst consensus of $3.93 billion. “Three quarters into the year, we remain on track to achieve our full year outlook, while notching significant progress against our multi-year strategic agenda,” said CEO Tim Cofer.

Equity 59

Equity Marketability 59

Lighter Capital

OCTOBER 24, 2024

As SaaS startups strive to win market share, debt can be a powerful asset for fueling growth. Though acquiring and managing debt can be a risky endeavor, structured planning and tracking goes a long way to help founders minimize those risks. Use the following tips to manage startup debt and maintain fiscal stability. 1. Set up a comprehensive debt spreadsheet This is the cornerstone of effective debt management.

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Law 360 M&A

OCTOBER 24, 2024

Colorado told a state judge Thursday that consumers bear the risk in a proposed $24.6 billion merger between Kroger Co. and Albertsons, arguing grocery executives will still get their multimillion-dollar payouts even if prices go up or stores close.

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Benzinga

OCTOBER 24, 2024

Capri Holdings Ltd (NYSE: CPRI ) shares are tanking in Thursday’s after-hours session following reports that a judge has blocked the company’s pending merger with Tapestry Inc (NYSE: TPR ). What To Know: Following an eight-day trial in which the U.S. Federal Trade Commission argued that a merger between Capri and Tapestry would remove competition from the U.S. handbag space, a U.S. judge has moved to block the pending merger, according to Reuters.

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Law 360 M&A

OCTOBER 24, 2024

The Federal Trade Commission's Bureau of Competition director defended the agency's new guidelines and its track record during a wide-ranging discussion at the 34th annual Golden State Institute on Thursday, and he expressed confidence that whichever presidential candidate wins, a new administration won't deter this "new era" of FTC antitrust enforcement actions.

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ThomsonReuters

OCTOBER 24, 2024

← Blog home Jump to ↓ How to communicate with clients effectively What should an advisory consulting proposal include? Writing an advisory services proposal with a template An easier way to write advisory proposals The shift toward providing more higher-value advisory services continues to gain momentum as accounting firms increasingly look for ways to better serve clients, sharpen their competitive edge, and drive greater profitability.

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Law 360 M&A

OCTOBER 24, 2024

Dura Medic, a private equity-controlled medical equipment supplier, and its directors and officers won their bid Thursday in Delaware's Court of Chancery to beat back, for now, a request for a temporary restraining order blocking a settlement that could put a $5 million directors and officers insurance policy beyond the reach of the previous owners' damage claims.

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Equity 52

Cooley M&A

OCTOBER 24, 2024

There’s an old saying – “Sticks and stones may break my bones, but words will never hurt me.” While this mantra may help bruised egos on the playground, it’s of no use in M&A disputes. Three recent Delaware Court of Chancery rulings on earnout disputes demonstrate that the contractual post-closing obligations of the buyer (along with specific facts) may be outcome determinative in earnout litigation.

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Beta Alpha Marketability Technology 52

Law 360 M&A

OCTOBER 24, 2024

The owner of Playboy, PLBY Group Inc., has turned down a reported $100 million offer from Cooper Hefner, the youngest son of late founder Hugh Hefner, to buy the Playboy brand, stating Thursday that the bid is too low.

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N Contracts

OCTOBER 24, 2024

Artificial intelligence is transforming financial services, but it’s also giving cybercriminals new and sophisticated tools to breach systems. Hackers are increasingly using AI to exploit vulnerabilities in security, conduct social engineering attacks, and bypass safeguards like multi-factor authentication. As both financial institutions and criminals become more adept with AI, the need for robust, forward-thinking defenses continues to grow.

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Law 360 M&A

OCTOBER 24, 2024

Despite the Federal Trade Commission's recent withdrawal from a multiagency memorandum of understanding to step up enforcement of labor issues in merger investigations, the antitrust agencies aren't likely to give up their labor market focus, say attorneys at Stinson.

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Marketability 52

Peak Business Valuation

OCTOBER 24, 2024

Restoration companies come to the rescue when homes and properties are destroyed by natural disasters and various other circumstances. Hurricanes, floods, earthquakes, fires, etc… can be destructive. As such, operating a restoration company can be lucrative. If you are looking to buy , grow, or sell a restoration company , it is crucial to receive a business valuation.

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Business Valuation Fair Market Value Appraisal Technology 52

Law 360 M&A

OCTOBER 24, 2024

Private equity-backed technology products distributor Ingram Micro Holding Corp. rallied in debut trading on Thursday, marking the company's return to public markets following a $409 million initial public offering, represented by Willkie Farr & Gallagher LLP and underwriters' counsel Cahill Gordon & Reindel LLP.

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Marketability Equity Technology 52

Financial Times M&A

OCTOBER 24, 2024

Plus, General Catalyst leans into private equity-style deals and the IMF weighs in on private credit’s payment-in-kind loans

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Equity 70

Law 360 M&A

OCTOBER 24, 2024

The duo behind Blue Owl Capital on Thursday announced plans to buy a stake in NHL team the Tampa Bay Lightning in a deal strung together by Katten Muchin Rosenman LLP and Hogan Lovells.

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Financial Times M&A

OCTOBER 24, 2024

Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stake

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Law 360 M&A

OCTOBER 24, 2024

Melissa Sawyer of Sullivan & Cromwell LLP's mergers and acquisitions practice led cancer therapy company Seagen through its $43 billion sale to Pfizer and facilitated the sale of privately held sandwich giant Subway to private equity firm Roark Capital, earning her a spot as one of the 2024 Law360 Mergers & Acquisitions MVPs.

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Private Equity Firm Mergers & Acquisitions Equity 52

John Jenkins

OCTOBER 24, 2024

According to Dykema’s “20th Annual M&A Outlook Survey”, the big stories for 2025 are the burgeoning use of AI in the deal process and an expectation that private equity will lead a resurgence in deals next year.

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Equity 56

Law 360 M&A

OCTOBER 24, 2024

President Joe Biden issued a memo Thursday on the development and use of artificial intelligence for national security, directing actions such as shoring up the security of computer chip supply chains and ensuring AI is not used to commit human rights violations.

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