Tue.Feb 13, 2024

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Ignorance is Strength: Climate Change, Corporate Governance, Politics, and the English Language

Harvard Corporate Governance

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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What programmatic acquirers do differently

Mckinsey and Company

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?

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Living in “interesting” times: The 2024 board agenda

Harvard Corporate Governance

Posted by Carey Oven, Bob Lamm, and Maureen Bujno, Deloitte Touche Tohmatsu Limited, on Tuesday, February 13, 2024 Editor's Note: Carey Oven is a National Managing Partner, Bob Lamm is an Independent Senior Advisor, and Maureen Bujno is a Managing Director at Deloitte Touche Tohmatsu Limited. This post is based on a Deloitte memorandum by Ms. Oven, Mr.

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The changing role of the infrastructure CEO

Mckinsey and Company

Infrastructure CEOs can prepare as the industry adapts to changing technology and shifting stakeholder and societal expectations.

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How to Leverage Intent Data for Better Outcomes

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.

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AMA: Fred Thompson, founder of Thirst

Vested

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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CEO excellence: How do leaders assess their own performance?

Mckinsey and Company

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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More Trending

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EU Conditionally Clears Korean Air's Acquisition Of Asiana

Law 360 M&A

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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Boost your business systems with help from our free ebook

JPAbusiness

Your business's value proposition is key to creating a point of difference in your market, but it can only be realised if it is underpinned by an effective business model. And in order for your business model to be effective, it requires a set of systems and processes that are well understood and followed by your team.

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Food Co. Whole Earth Brands Taken Private In $209M Deal

Law 360 M&A

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.

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Comment on ANSI & Floor Plans Goofiness by Dave

Appraisers Blog

Of course! this is all about feeding Lyle Rilke’s Fannie database ignoring that the standard IS and remains exterior measurements NOT interior. Bring your latter for the 2nd floor!

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Statement of Cash Flows vs. Cash Flow Statement

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

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Akerman Hires Real Estate, Corporate Partners In NY

Law 360 M&A

Akerman LLP recently announced two additions to its New York office: a former Faegre Drinker Biddle & Reath LLP partner and an attorney who helped launch the Washington, D.C., office of an international law firm.

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Comment on Class Valuation Maximizing ROV Conversion Rates by Mary T Thompson

Appraisers Blog

What really bothers me is that an ROV is due to the lender or the Realtor or the borrower thinking that the value is “low” (below sales price, etc), never when the value comes in HIGHER than expectations or Sales price! Why not? Such a joke. THE above parties ARE NOT THE APPRAISER! This is the tail wagging the dog! Where is their license and continuing education to show that they have a clue as to what the value should be for their home.

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The McKinsey Crossword: We’re All Animals | No. 167

Mckinsey and Company

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Egypt’s richest man Nassef Sawiris considers breaking up his empire

Financial Times M&A

Billionaire says options for OCI Group include selling off all assets and turning it into cash shell for new acquisitions

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Mastering Intent Data: Understanding its Importance & Best Practices

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.

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Comment on Class Valuation Maximizing ROV Conversion Rates by Baggins

Appraisers Blog

In reply to Marjorie Sanders Bates on Facebook. Marjorie, it’s a complicated network. Many people have this idea that there is some sort of dedicated agreement between lenders and amc’s. Not the case. Lenders whom use amc’s often do so opportunistically, drop and replace amc’s on a moments notice, all replaceable. This causes amc companies to apply more pressure to appraisers, to retain the clients and work assignment volume ahead of the amc competition.

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Permian Basin deal wave heralds new phase in shale oil revolution

Financial Times M&A

Diamondback Energy’s $26bn takeover of Endeavor furthers drive towards efficiency and lower production costs

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Comment on AMCs Billing Scheme, Hidden Profits & Deceptive Practices by Honest Appraiser

Appraisers Blog

In reply to AppraiserVoice. Cool for you city boys. Rural Appraisers have to work with everyone they can. Nobody in the process likes AMC’s – they don’t even like themselves, it’s just a cash grab created by the Feds and it needs to stop.

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What Does Your Approach to M&A Integration Strategy Look Like?

M&A Leadership Council

Before Launching Your Next Integration Take a Good Look by Mark Herndon, Chairman Emeritus, M&A Leadership Council It’s not a trick question: “How do you know you're ready to launch integration planning?” Our answer? Not until you’ve done THIS – created a comprehensive Integration Strategy Framework (ISF). We’ve studied, consulted, and written extensively about the importance of conducting a thorough ISF.

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Comment on Appraisers Destroying Goliath’s Messaging by DGK

Appraisers Blog

Our job may be to protect the public trust, in theory, but our REAL job is the one we are assigned to accomplish, and that is to provide the lender (institutional or private) with an informed and market supported opinion of value that will assist them in making a decision in which the money in their pocket, or the money in their pocket that belongs to others, is at risk.

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Ripple Expands Crypto Play: Acquires Standard Custody & Trust Company

Benzinga

Ripple (CRYPTO: XRP ) on Tuesday announced its intention to acquire digital assets firm Standard Custody & Trust Company , to expand its product offerings. The completion of the acquisition is contingent upon receiving regulatory approval and satisfying standard closing conditions. TD Cowen acted as the exclusive financial advisor to PolySign in the transaction.

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Comment on Class Valuation Maximizing ROV Conversion Rates by Mary Thompson Thompson

Appraisers Blog

It’s truly mind-boggling that a company would brag about their higher ROV conversion rates as if it’s some kind of badge of honor.

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CVC co-founder who led F1 buyout bows out before planned IPO

Financial Times M&A

Dealmaker is stepping back just as Europe’s largest private equity firm prepares for public listing

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Comment on The Elephant In the Room: Fannie’s Modernization Program by Raymond

Appraisers Blog

In reply to kevin r litchke. In my state, a 703 expert means that both sides agree to “accept” the conclusions of an expert(appraiser) prior to court proceedings. Thus, the appraiser submits he report without any reviews or questioning process.

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Benchmark International Successfully Facilitated the Transaction Between Cornelsen Group and Rivus Capital

Benchmark Report

Water treatment specialist, Cornelsen Group, has been acquired by owner-managed family office Rivus Capital, in a deal facilitated by Benchmark International.

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Comment on Appraisers Destroying Goliath’s Messaging by Cathy L Harper

Appraisers Blog

Goliath’s strength is in his messaging. It is appraisers who are destroying the message. Keep fighting those bias complaints.

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Ambrx Shareholders Sue Over Proposed $2B J&J Deal

Law 360 M&A

Two new suits filed in Delaware federal court allege Ambrx Biopharma Inc. and its top executives omitted important information about a $2 billion proposed Johnson & Johnson buyout in the deal's proxy statement.

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Comment on Class Valuation Maximizing ROV Conversion Rates by Baggins

Appraisers Blog

In reply to Robert Mossuto Jr. ROV of what essentially? The answer is not the listing agents pricing strategy and the buyers agents buying strategy. The lender will go through the appraisal with a microscope, while ignoring the fact the initial BPO and CMA which led to the listed price the contract was formed around; inadequate. The amc’s primary purpose is to provide a control mechanism to pressure the appraiser, as they have no control upstream of the valuation analysis process to effect

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Soroc Tech Sues In Del. For $115M Merger Takeback

Law 360 M&A

Soroc Technology Holdings LLC sued MainOne Technology Solutions LLC on Tuesday in Delaware's Court of Chancery, seeking recovery of the $115 million it paid in early 2022 for its acquisition of MainOne's interest in DecisionOne Corp.

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Comment on Class Valuation Maximizing ROV Conversion Rates by Baggins

Appraisers Blog

In reply to Mary T Thompson. Found this online earlier, and could not help but to save the image. ‘Life cycle of a bureaucracy.’ Remind you of anything? We appear to be in the final stage cycle.

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Insurers Must Pay Pharma Co. Defense Costs In SEC Probe

Law 360 M&A

A drug development company formed by a merger is entitled to insurance payments for expenses it paid two of its former officers in connection with federal subpoenas because the insurer failed to show that an exclusion applied, a California federal judge ruled Monday.

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Comment on Class Valuation Maximizing ROV Conversion Rates by Robert N. Mossuto Jr.

Appraisers Blog

In reply to Frustrated Appraiser. Ok, I’ll accept that! But I do think there is a higher potential for an ROV request when the assignment goes to the cheapest and fastest.

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Qihoo 360, Investors Ink $29.75M Deal Over $9.3B Merger Suit

Law 360 M&A

Investors suing Chinese software company Qihoo 360 Technology Co. Ltd. asked a New York federal judge to approve a $29.75 million settlement ending claims the firm worked to push down its share price in order to pay shareholders an unfairly low price when it went private by means of a $9.3 billion merger.

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Comment on Appraisers Destroying Goliath’s Messaging by Honest Appraiser

Appraisers Blog

Goliath’s strength is in his messaging. It is appraisers who are destroying the message. Keep fighting those bias complaints.

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What To Know About RWI In Acquisition And Divestiture Deals

Law 360 M&A

As a slower pace of merger activity turns underwriters toward new industries, representations and warranties insurance policies are increasingly being written for acquisition and divestiture energy deals, making it important for contracting parties to understand how the RWI underwriting process works in this new sector, say attorneys at Haynes Boone.

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