Harvard Corporate Governance

APRIL 17, 2024

Posted by Danielle Gurrieri and Chuck Callan, Broadridge, on Wednesday, April 17, 2024 Editor's Note: Danielle Gurrieri is Vice President Head of Product Management-Bank, Broker Dealer and Chuck Callan is SVP of Regulatory Affairs at Broadridge. This post is based on their Broadridge memorandum. This proxy season, some of the world’s biggest fund managers are launching or expanding pass-through voting programs to give their fund investors a say on how shares of portfolio companies are voted.

Banking 145

Banking 145

Benzinga

APRIL 17, 2024

Flora Growth Corp. (NASDAQ: FLGC ) has entered into a definitive agreement to acquire all of the issued and outstanding shares of Germany-based TruHC Pharma GmbH. The company’s latest move to further cement its global footprint comes on the heels of a new German cannabis law that went into effect on April 1, which partially legalizes cannabis by allowing adults over 18 to possess up to 25 grams of dried cannabis and grow three marijuana plants at home.

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Marketability 105

Harvard Corporate Governance

APRIL 17, 2024

Posted by Jens Frankenreiter (Washington University in St. Louis) and Eric Talley (Columbia University), on Wednesday, April 17, 2024 Editor's Note: Jens Frankenreiter is an Associate Professor of Law at Washington University in St. Louis, and Eric Talley is Isidor and Seville Sulzbacher Professor of Law at Columbia Law School. This post is based on their working paper.

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NYT M&A

APRIL 17, 2024

A new measure attempts to force the Senate’s hand on passing legislation to ban TikTok or mandate the app’s sale.

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Mergers & Acquisitions Technology 132

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

APRIL 17, 2024

Posted by Melissa Burek and Michael Bonner, Compensation Advisory Partners, on Wednesday, April 17, 2024 Editor's Note: Melissa Burek is a Founding Partner and Michael Bonner is a Principal at Compensation Advisory Partners. This post is based on their CAP memorandum. CAP analyzed annual incentive plan payouts over the past ten years of 120 large U.S. public companies, with a median revenue of $43B.

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Marketability 124

Law 360 M&A

APRIL 17, 2024

Manatt Phelps & Phillips LLP announced that it hired a pair of experienced New York-based attorneys who focus their practices on regulatory matters as partners in its bankruptcy and financial regulatory practices.

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Law 360 M&A

APRIL 17, 2024

Whether it's seeing clients and their issues from a new perspective, or staying nimble in a moment of intense challenge, the lessons learned from whitewater kayaking transcend the rapids of a river and prepare attorneys for the courtroom and beyond, says Matthew Kent at Alston & Bird.

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Mckinsey and Company

APRIL 17, 2024

Improving mental health globally demands an equitable, evidence-based, and holistic approach that encompasses the specific needs of children and young people, says UNICEF’s Zeinab Hijazi.

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Appraisers Blog

APRIL 17, 2024

In reply to Commercial Appraiser. Most Commercial Appraisers I know hardly ever use government approved appraisal forms. Their reports are Narrative Reports created and written reports. So where are the technological advancement and invocation in Commercial Appraisal work other than a digital measuring device verses a measuring tape that I still use today to meet ANSI Standards?

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Appraisal Technology 95

BVR

APRIL 17, 2024

The Forbes top 200 CPAs list is out. Let's take a look at which valuators made the list.

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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

Appraisers Blog

APRIL 17, 2024

While I respect your perspective, it’s disheartening to see the challenges faced by seasoned appraisers. The evolution of the industry does present hurdles, but it also offers opportunities for adaptation and growth. Embracing technological advancements and continuous learning might help in navigating these changes. Remember, every profession evolves; it’s about finding a balance between tradition and innovation.

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Appraisal Technology 95

NYT M&A

APRIL 17, 2024

Regulators are expected to meet next week to discuss the $8.5 billion deal between Coach’s owner, Tapestry, and Michael Kors’ parent company, Capri Holdings, which would create a U.S. luxury conglomerate.

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Mergers & Acquisitions 83

Appraisers Blog

APRIL 17, 2024

It’s a Great Time to Leave the Appraisal Profession. I can hear the chorus of my fellow appraisers rising up in disagreement with me.

Appraisal 95

Appraisal 95

Mckinsey and Company

APRIL 17, 2024

The founder and CEO of digital identity verification and fraud prevention platform Socure describes the challenges and opportunities of AML, KYC, and identity fraud prevention.

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Banking Technology 99

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

Financial Times M&A

APRIL 17, 2024

Co-working group is seeking hundreds of millions of dollars to exit bankruptcy without a sale

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Mckinsey and Company

APRIL 17, 2024

Leading urban economist Ed Glaeser talks doom loops, hybrid spaces, the 15-minute city, and bumpy roads.

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Benzinga

APRIL 17, 2024

Microsoft Corp’s (NASDAQ: MSFT ) significant $13 billion investment in OpenAI Inc will not undergo a formal investigation by the European Union’s merger watchdogs, alleviating concerns about potential regulatory interventions. The European Commission concluded that the collaboration does not constitute a takeover, and Microsoft does not exercise control over OpenAI’s operations.

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Appraisers Blog

APRIL 17, 2024

In reply to Kazys Skirpa. It’s odd that is all that you see. You still have people moving from place to place constantly and only seems to be growing in spite of the present economy and looming recession (if we are not already in one). The market’s have just picked up for seasonal growth in the PNW and I suspect this will be norm across the country until the market tank unexpectantly.

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Start-ups Appraisal Marketability 61

Financial Times M&A

APRIL 17, 2024

Gulf energy group in discussions with CVC and GIP about possible acquisition of their shares

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Appraisers Blog

APRIL 17, 2024

The appraisal, real estate and mortgage business is going to be horrible for some time. 89% of borrowers have an interest rate below 6%, 78% of borrowers have a rate below 5% while 59.5% have a rate below 4%. 22.6% of borrowers have a rate below 3%. Now rates are above 7% and are going to stay there for a while. Add this to the shortage of a real estate on the market.

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Appraisal Marketability 61

Sun Acquisitions

APRIL 17, 2024

In business, mergers and acquisitions (M&A) are common strategies for growth and expansion. If you’re considering selling your business or even just open to the possibility, it’s crucial to prepare for potential buyers effectively. The M&A process is intricate, and getting your business ready can make a significant difference in attracting the right buyers and securing a successful deal.

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Compliance Marketability 59

Appraisers Blog

APRIL 17, 2024

In reply to Pat. If we look at this from an underwriting fee. That means the appraiser is paying fees for the purchaser or borrower to secure the loan. That’s a no go for me. I’ll pass on this work.

Appraisal 60

Appraisal 60

Law 360 M&A

APRIL 17, 2024

A former JPMorgan stock analyst testifying Wednesday in the criminal fraud trial of former Autonomy CEO Michael Lynch said that he "took pleasure in winding up Lynch" and once even used a Hitler analogy to describe his performance, but said his critical coverage was never personal.

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Appraisers Blog

APRIL 17, 2024

In reply to Spencer Paul. I don’t know what market you are in. I was in Chicago. Appraisers who I still talk with tell me business is dead. Those on the VA panel get maybe 2 orders a week. During the pandemic, I was doing 8-10, at $550 a pop, that was a good living. The AMC work is being bid down to $300 by desperate appraisers. The real estate business is going to be in the toilet for some time.

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Appraisal Marketability 59

Law 360 M&A

APRIL 17, 2024

A Karuna Therapeutics shareholder has dropped her proposed class action after Bristol Myers Squibb completed its $14 billion purchase of the biotechology company, a deal the suit alleged was brought about by misrepresentations to investors to gain their support.

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Appraisers Blog

APRIL 17, 2024

From the very end, the final page of the linked federal register; / Appraiser independence. Be sure to read that part. Appraiser independence? In your dreams. Direct ordering? Honest reviews from licensed appraisers? The amc industry made sure that did not happen. The lenders whom use amc’s do so to avoid these requirements. The regulatory institutions manage the rules to keep the exceptions open for ‘stake holders’ The never ending alterations to rules is always in motion, so

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Appraisal Banking Marketability 57

Law 360 M&A

APRIL 17, 2024

The Federal Trade Commission's top antitrust enforcer urged merging parties Wednesday to be fully open and transparent with reviewing staffers, warning that trying to get enforcers to ignore potentially problematic material just makes their jobs more difficult.

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Comps 52

Appraisers Blog

APRIL 17, 2024

Jeremy, you know how high a regard I hold for you personally, and your opinions. Having said that, I think you were remiss in the allegation against ASC generally, and Jim Park in particular. I wanted to send a separate rebuttal letter to AB last week but opted instead to reread and recheck the above article first. This will have to serve as my response.

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Compliance Appraisal Banking 56

Law 360 M&A

APRIL 17, 2024

A D.C. federal judge on Wednesday pressed counsel for 7-Eleven on the company's claims that only the U.S. attorney general can seek civil penalties on behalf of the Federal Trade Commission, questioning how the commission itself can be limited when the FTC Act gives it the right to take up actions if the U.S. Department of Justice does not.

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Lighter Capital

APRIL 17, 2024

In the fast-paced tech world, startups and equity dilution are nearly inseparable. Cash-strapped founders can use their equity to raise capital, compensate advisors, and attract the talent they need to turn a clever idea into a successful business. Those who leverage their equity wisely can make a profitable exit, fund their next endeavor, or enjoy an early retirement.

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Equity Finance Debt Financing Start-ups 52

Law 360 M&A

APRIL 17, 2024

A shareholder of RTX has sued the aerospace and defense giant's current and former officers and directors in Delaware's Court of Chancery, accusing them of failing over a period of at least eight years to prevent antitrust violations in the company's hiring practices.

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Benzinga

APRIL 17, 2024

On Wednesday, Vanda Pharmaceuticals Inc. (NASDAQ: VNDA ) confirmed that, since March 2024, it had received several unsolicited proposals from Future Pak LLC to acquire all of Vanda’s outstanding shares. The most recent proposal offered $7.25 – $7.75 per share, subject to certain terms and conditions. The current proposal implies a premium of 79.0% to 91.4% to Vanda’s closing price of $4.05 as of April 16, 2024.

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Law 360 M&A

APRIL 17, 2024

The head of the House small business committee has sent letters to the U.S. Department of Justice and Federal Trade Commission, contending enforcers did not fully consider how new merger guidelines will impact the small business community.

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ThomsonReuters

APRIL 17, 2024

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Technology 52