Harvard Corporate Governance

NOVEMBER 14, 2024

Posted by Leah Malone, Emily Holland, and Chayla Sherrod, Simpson Thacher & Bartlett LLP, on Thursday, November 14, 2024 Editor's Note: Leah Malone is a Partner, Emily Holland is a Counsel, and Chayla Sherrod is an Associate at Simpson Thacher & Bartlett LLP. This post is based on their Simpson Thacher memorandum. California Governor Gavin Newsom signed the Voluntary Carbon Market Disclosures Act ( AB 1305 ) into law on October 7, 2023, creating a novel disclosure requirement for ent

Compliance 162

Compliance Marketability 162

NYT M&A

NOVEMBER 14, 2024

The satirical news site planned to turn Infowars into a parody of itself, mocking “weird internet personalities” who peddle conspiracy theories and health supplements.

Mergers & Acquisitions 145

Mergers & Acquisitions 145

Harvard Corporate Governance

NOVEMBER 14, 2024

Posted by Ira Kay, Blaine Martin, and Max Jaffe, Pay Governance LLC, on Thursday, November 14, 2024 Editor's Note: Ira Kay is a Managing Partner, Blaine Martin is a Principal, and Max Jaffe is a Consultant at Pay Governance LLC. This post is based on their Pay Governance memorandum. The 2010 Dodd-Frank legislation mandated Say on Pay (SOP) votes aimed at lowering CEO Pay that was deemed as too high and reducing excessive risk-taking due to executive incentives.

Marketability 113

Marketability 113

Mckinsey and Company

NOVEMBER 14, 2024

AI guardrails help ensure that an organization’s AI tools, and their application in the business, reflect the organization’s standards, policies, and values.

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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

BVR

NOVEMBER 14, 2024

Recently, I read an article from McKinsey titled “How CEOs Are Turning Corporate Venture Building Into Outsize Growth." While the article and survey are about what the title indicates, it reminded me of a broader valuation issue: What do I do when a business I am valuing has multiple lines of business?

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Lighter Capital

NOVEMBER 14, 2024

Two of entrepreneurs’ favorite topics are growing and scaling a business. The words are thrown around a lot, and the enthusiasm with which they’re used often exceeds the accuracy. Many people use these words interchangeably to describe a company that gets bigger, gobbles up more market share, and makes more and more money. But there’s a crucial difference between growing and scaling in business terms, and it’s important to speak precisely about kind of growth you have in mind and to convey what&

B2B 98

B2B Marketability 98

Machen McChesney

NOVEMBER 14, 2024

As a business owner, you may travel to visit customers, attend conferences, check on vendors, and for other purposes. Understanding which travel expenses are tax deductible can significantly affect your bottom line. Properly managing travel costs can help ensure compliance and maximize your tax savings.

Compliance 73

Compliance 73

Mckinsey and Company

NOVEMBER 14, 2024

Former member of the European Parliament Marietje Schaake offers new ideas on how to promote more effective tech oversight and close a growing accountability gap.

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NYT M&A

NOVEMBER 14, 2024

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.

Mergers & Acquisitions 68

Mergers & Acquisitions 68

Mckinsey and Company

NOVEMBER 14, 2024

New technology means new challenges—and new solutions—for cybersecurity providers.

Technology 109

Technology 109

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

Benzinga

NOVEMBER 14, 2024

Tapestry, Inc. (NYSE: TPR ) shares are trading higher premarket on Thursday after the company disclosed that it has reached an agreement with Capri Holdings Limited (NYSE: CPRI ) to terminate their merger agreement. The companies mutually agreed to terminate their merger agreement, citing uncertainty in the legal process and the likelihood that it would not be resolved by the February 10, 2025 outside date.

Dividends 64

Dividends Equity 64

NYT M&A

NOVEMBER 14, 2024

El sitio de noticias satíricas pretende convertir Infowars en una parodia de sí mismo. Pero el tribunal que supervisa la quiebra suspendió la venta a la espera de una audiencia la próxima semana.

Mergers & Acquisitions 63

Mergers & Acquisitions 63

Benzinga

NOVEMBER 14, 2024

Alex Jones’ s media company, the self-styled defender against so-called "fake news," is now the property of the very people it relentlessly defamed. What Happened : The Onion , America's premier satirical news outlet, acquired Jones' Infowars at a bankruptcy auction, according to the Associated Press. The publication’s backers were none other than the families of Sandy Hook victims.

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Financial Times M&A

NOVEMBER 14, 2024

Revelation comes days after Dutch group announced sale of its US subsidiary for $650mn

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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

NOVEMBER 14, 2024

Electronics component manufacturer Volex PLC said Friday that it has made a second offer to buy TT Electronics PLC, a British multinational technological parts maker, that values the company at £248.6 million ($315.6 million).

Technology 52

Technology 52

ThomsonReuters

NOVEMBER 14, 2024

Highlights: Data analytics types : Useful data for predictive modeling includes historical financial data, operational data, customer data, market and economic data, and non-financial performance metrics. Predictive modeling types: Predictive models are categorized into non-parametric and parametric types, each with unique uses and techniques, including classification models for yes/no responses, outliers models for fraud detection, and clustering models for marketing strategies.

Accounting Firms 52

Accounting Firms Start-ups Technology Data Analysis 52

Law 360 M&A

NOVEMBER 14, 2024

A Delaware magistrate in Chancery decision shielding company records from stockholder demands based on anonymous, pre-suit sources and purportedly new, post-demand requests threatens one of the few sources available for probing corporate wrongdoing, a stockholder attorney told a vice chancellor on Thursday.

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Benzinga

NOVEMBER 14, 2024

On Tuesday, the U.S. Justice Department said it will block UnitedHealth Group Inc.’s (NYSE: UNH ) multi-billion acquisition of Amedisys Inc. (NASDAQ: AMED ). The Justice Department has sued to block UnitedHealth’s $3.3 billion purchase of healthcare services company Amedisys, citing concerns about competition in the home health services market.

Marketability 52

Marketability 52

Law 360 M&A

NOVEMBER 14, 2024

Investors in a December 2020 blank-check company merger that took hybrid-car retrofit venture XL Fleet public have preliminarily settled a four-count fiduciary duty breach suit in Delaware's Court of Chancery for $4.75 million.

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N Contracts

NOVEMBER 14, 2024

Third-party vendors continue to be an integral part of today’s financial services industry as they help financial institutions (FIs) of all sizes reach their goals. However, without both parties committed to maintaining business continuity, poor vendor relationships can damage an FI’s operations, compliance posture, reputation, finances, and consumer relationships.

Compliance 52

Compliance Finance 52

Law 360 M&A

NOVEMBER 14, 2024

Federal Trade Commissioner Melissa Holyoak said Thursday the design of a new portal allowing the public to comment on pending deals shows signs of the current leadership's view that all mergers are bad.

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Class VI Partner

NOVEMBER 14, 2024

Understanding how SaaS businesses are valued is critical for SaaS company owners. This is especially true for those looking to sell their companies in a few years. But how exactly are they valued, and which metrics are most important? The process is more nuanced than simply looking at revenue or profit.

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Law 360 M&A

NOVEMBER 14, 2024

A Georgia businessman and recidivist fraudster is seeking a retrial after being convicted of swindling former NBA players Dwight Howard and Chandler Parsons out of a combined $8 million, in a scheme under which the pro basketball players believed their money was going toward legitimate investments.

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Benzinga

NOVEMBER 14, 2024

Ovintiv Inc. (NYSE: OVV ) shares are trading higher after the company inked a definitive purchase agreement to acquire certain Montney assets from Paramount Resources Ltd. (OTC: PRMRF ), in an all-cash transaction valued at around $2.377 billion (C$3.325 billion). Post closure, the acquisition is expected to add about 70 MBOE/d of production (approximately 25 Mbbls/d of oil and condensate), 900 net 10,000 foot equivalent well locations, and approximately 109,000 net acres (approximately 80% unde

Dividends 52

Dividends Equity 52

Law 360 M&A

NOVEMBER 14, 2024

Boeing is mulling a sale of its Jeppesen navigation unit at potential $6 billion price tag, Pfizer may be seeking billions for its hospital drug unit, Pfizer hospital, and a U.S. gas station and convenience store business could be sold at a $1.5 billion value. Here, Law360 breaks down these and other notable deal rumors from the past week.

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Benzinga

NOVEMBER 14, 2024

General Mills, Inc. (NYSE: GIS ) disclosed a deal to acquire Whitebridge Pet Brands’ North American premium cat feeding and pet treating business from NXMH for $1.45 billion. The acquisition includes the Tiki Pets and Cloud Star brands, which are leaders in the $24 billion cat feeding and pet treating segments of the $52 billion U.S. pet food market.

Marketability 52

Marketability Equity 52

Law 360 M&A

NOVEMBER 14, 2024

Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.

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Hallmark Brokers

NOVEMBER 14, 2024

Sarasota, with its beautiful Gulf Coast beaches and vibrant community, attracts both locals and tourists throughout the year, creating a thriving market for businesses in the area. One such lucrative opportunity is an established car rental business catering to a wide range of clientele, from budget-conscious renters to luxury seekers. This well-managed, family-run business has.

Marketability 52

Marketability 52

Law 360 M&A

NOVEMBER 14, 2024

Cereal and snacks giant General Mills Inc., advised by Paul Weiss Rifkind Wharton & Garrison LLP, announced plans Thursday to buy Whitebridge Pet Brands' North American premium cat food and pet treat business from Willkie Farr & Gallagher LLP-advised European investment firm NXHM for $1.45 billion.

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Exit Strategy

NOVEMBER 14, 2024

To sell a business successfully and optimize client outcomes, we recommend putting together a “dream team” of advisors for each sale process and transaction. These are our starting five and what they bring to the team: 1. M&A Advisor: Specialist in selling businesses. Handles everything from business valuation to pitch book preparation to finding buyers, […] The post The Power of a Dream Team in Achieving M&A Success appeared first on Exit Strategies Group, Inc.

Business Valuation 52

Business Valuation 52

Law 360 M&A

NOVEMBER 14, 2024

Satirical news website The Onion has purchased Alex Jones' Infowars at a Chapter 7 bankruptcy auction, according to a Thursday announcement by the firm representing Sandy Hook shooting survivors who won a $1.4 billion defamation award over his claims the massacre was a hoax.

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Peak Business Valuation

NOVEMBER 14, 2024

Transportation and warehousing companies ensure that goods are delivered on time and in perfect condition. These businesses help keep the supply chain effective and efficient. As such, transportation and warehousing businesses are valuable to the economy. If you want to buy , grow , or sell a transportation and warehousing company , a business valuation can be incredibly helpful.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Technology 52

Law 360 M&A

NOVEMBER 14, 2024

The European Commission said Thursday that it has cleared the approximately €2.2 billion ($2.4 billion) acquisition of French cybersecurity firm Exclusive Networks by its biggest shareholder Permira and U.S. private equity firm Clayton Dubilier & Rice.

Private Equity Firm 52

Private Equity Firm Equity 52

Global Finance

NOVEMBER 14, 2024

Since 2018, AI has been essential to CTBC’s digital strategy, supported by its in-house R&D lab with 200-plus data and AI-focused scientists. This initiative now spans more than 50 departments across three major business lines. With over 100 active AI applications in production, the bank achieved an explosive 150% increase in AI usage year-over-year.

Banking 52

Banking Technology Finance 52