NYT M&A

MAY 22, 2024

Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that could reshape the multibillion-dollar live music industry.

Mergers & Acquisitions 143

Mergers & Acquisitions 143

Harvard Corporate Governance

MAY 22, 2024

Posted by Raquel Fox, Marc S. Gerber, and Caroline S. Kim, Skadden, Arps, Slate, Meagher & Flom LLP, on Wednesday, May 22, 2024 Editor's Note: Raquel Fox and Marc S. Gerber are Partners and Caroline S. Kim is Counsel at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Ms. Fox, Mr. Gerber, Ms. Kim, and Jeongu Gim.

Compliance 141

Compliance 141

NYT M&A

MAY 22, 2024

Live Nation Entertainment, the concert giant that owns Ticketmaster, faces a fight that could reshape the multibillion-dollar live music industry.

Mergers & Acquisitions 143

Mergers & Acquisitions 143

Harvard Corporate Governance

MAY 22, 2024

Posted by James Park (UCLA), on Wednesday, May 22, 2024 Editor's Note: James Park is Professor of Law at UCLA School of Law. This post is based on his recent article forthcoming in the Northwestern University Law Review. Concerns about entrepreneurial enforcement have been particularly high in the context of securities fraud litigation. Public companies frequently are defendants in securities class actions alleging they issued materially misleading information that inflated their stock price.

Marketability 129

Marketability 129

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

Global Finance

MAY 22, 2024

Southeast Asian economies survived the pandemic and post-pandemic pitfalls in solid shape. Indonesia, Philippines and Vietnam still rank among the world’s fastest growing large nations. The region’s financial center, Singapore, has expanded as global capital flees competing Hong Kong. So why is Southeast Asia’s startup engine stalling? Venture capital and private equity (VC/PE) flows in most regions have slowed as central banks raised interest rates to combat inflation.

Finance 108

Finance Technology Marketability Banking 108

Harvard Corporate Governance

MAY 22, 2024

Posted by Mark Thierfelder, Eric Siegel, and Richard Horvath, Dechert LLP, on Wednesday, May 22, 2024 Editor's Note: Mark Thierfelder , Eric Siegel , and Richard Horvath are Partners at Dechert LLP. This post is based on a Dechert memorandum by Mr. Thierfelder, Mr. Siegel, Mr. Horvath, Michael Darby , Steve Leitzell , and Matthew Williams , and is part of the Delaware law series ; links to other posts in the series are available here.

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Financial Times M&A

MAY 22, 2024

UK-listed miner says it will give an extra week for Australian rival to submit final proposal

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The Guardian M&A

MAY 22, 2024

The deal won approval of 89% of voting shareholders, lining up Richard Branson for a £724m windfall from sale Virgin Money shareholders have voted in favour of a £2.9bn takeover by rival lender Nationwide Building Society, helping clear the path for the biggest UK banking deal since the financial crisis. Just over 89% of voting shareholders said yes to the deal at a general meeting on Wednesday, while nearly 11% rejected the move.

Banking 78

Banking 78

Financial Times M&A

MAY 22, 2024

Board of UK investment site says the consortium’s offer ‘substantially undervalues’ the business

Equity 91

Equity 91

Appraisers Blog

MAY 22, 2024

In reply to Spencer Paul. As always, it depends on the market. I highly doubt they can program AI to analyze all the nuances that real estate brings for each market. So many, many variables that are not “standard”. No, reglazing old laminate is not a thing here. Most people get granite or quartz in my market area or basic Home Depot laminate.

Marketability 78

Marketability 78

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

Financial Times M&A

MAY 22, 2024

Last-minute intervention from miner’s second-largest investor comes hours before offer deadline

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90

Appraisers Blog

MAY 22, 2024

In reply to PD. The ending to that document was almost perfect. So very well suited for what appraisers are dealing with today. Be sure to read that on page 138 right before the Glossary. Someone should tell HUD, Brookings, FHFA, PAVE, and everyone whom agreed with them… They’ve created far more risk then benefit with their attack on the appraisal industry.

Appraisal 76

Appraisal 76

Financial Times M&A

MAY 22, 2024

why tho?

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80

Appraisers Blog

MAY 22, 2024

In reply to Lindsey. Not when they have been glazed over. There is new coating overtop of it that makes that edge look rounded, one can no longer see that edge where to two pieces come together because it is covered up. Clearly you haven’t seen re-glazing done well. They are attempting to “fake” the look of a solid surface counter with different effects of the pour.

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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

Financial Times M&A

MAY 22, 2024

Plus, a look beyond the hype for Builder.

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80

Appraisers Blog

MAY 22, 2024

In reply to Lindsey. This is a bait and switch program. People whom engaged with lenders did not expect their data to be used in this manner. There is not much intelligent design here, except from the perspective of those whom would seek to exploit the remaining independent wealth in residential housing, to dismantle what little is left of consumer protection and privacy practice laws.

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Reynolds Holding

MAY 22, 2024

Plaintiffs’ attorneys often issue marketing releases after public companies announce adverse corporate events. These releases typically say the attorneys are “investigating potential claims” against the company and encourage shareholders who have been harmed to contact the law firm. In a new study, we find that observing these marketing releases increases the expected likelihood and severity of subsequent litigation, consistent with attorneys’ marketing activity providing information beyon

Marketability 72

Marketability Equity 72

Appraisers Blog

MAY 22, 2024

In reply to Baggins. And that my friend is what I’m going to do right now. A fine cigar and glass of iced down bourbon on my front porch. Waiting for the crickets to wake up.

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73

The Guardian M&A

MAY 22, 2024

Australian firm’s latest unsuccessful bid values rival at £38.6bn with £31.11 a share offer Anglo American has rebuffed a third takeover attempt by Australia’s BHP after it sweetened its offer in an attempt to create a global mining titan. BHP said it had submitted an “increased and final” £31.11 a share bid for Anglo, which values the company at £38.6bn, earlier this week.

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Appraisers Blog

MAY 22, 2024

In reply to Spencer Paul. Actually, it’s easy to tell the difference in counter tops in a photo. Laminate always has a distinct edge compared to solid surface. At least in my area, I can tell. However, I have heard from a source that lenders are still preferring appraisers to do the inspections. Must be a liability thing.

Appraisal 72

Appraisal 72

Benzinga

MAY 22, 2024

KKR & Co. Inc. (NYSE: KKR ) and TPG Inc. (TPG) are reportedly exploring options, including a buyout of Southeast Asian online real estate platform PropertyGuru Group Ltd. (NYSE: PGRU ). The U.S. private equity firms are working with a financial adviser to help gauge initial interest from other global investors in PropertyGuru, reported Bloomberg.

Private Equity Firm 59

Private Equity Firm Equity 59

Appraisers Blog

MAY 22, 2024

In reply to PD. Great points PD. To understand where we are now, perspective on the past may be helpful. I remember reading this 150 pg well researched report several years after I first started as an appraiser. ‘Guaranteed to fail. Fannie, Freddie, the debacle of mortgage finance.’ Research keywords: Fannie wind down. This was a highly illuminating and educational read.

Appraisal 71

Appraisal Finance Marketability 71

Law 360 M&A

MAY 22, 2024

The board of Hargreaves Lansdown said Thursday that it has rejected a proposed £4.7 billion ($6 billion) takeover offer from a consortium of private equity companies, including CVC and the sovereign wealth fund of Abu Dhabi.

Equity 52

Equity 52

Appraisers Blog

MAY 22, 2024

One has to ask where does this reliance on “artificial intelligence” end. First of all there is no “intelligence” unlike a human being. To take the “opinion” (can’t believe I’m using that word) of a manufactured “machine” over a human being and saying that’s just okay is BS. This push into appraisal is all about big business and money.

Appraisal 71

Appraisal 71

Law 360 M&A

MAY 22, 2024

An investor of fintech corporation Fidelity National Information Services has pushed back on the company and its executives' bid to escape a derivative lawsuit over a $46 billion market cap drop resulting from a business spinoff, saying the company must investigate the suit's allegations.

Marketability 52

Marketability 52

ThomsonReuters

MAY 22, 2024

People who purchase software rarely get to talk to the product’s developers about the development process or the features and updates users can expect in future iterations of the product. But that’s precisely what happens at the Thomson Reuters annual Synergy conference , where product developers, software engineers, and other representatives from the company gather with users to share knowledge, discuss industry trends, listen to feedback, and peer into the future.

Compliance 52

Compliance Technology 52

Law 360 M&A

MAY 22, 2024

A group of fraternity brothers who founded waste management company Noble Environmental Inc. and later sold a venture called Archaea Energy to BP has been hit with a shareholder derivative suit in Delaware Chancery Court alleging the fraternity brothers stole billions of dollars from the company and breached their fiduciary duties to minority shareholders.

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52

ThomsonReuters

MAY 22, 2024

The retail landscape has undergone a dramatic transformation in recent years. Customers now expect a seamless and friction-free shopping experience in-store and online. For retailers, the omnichannel approach is essential to remain competitive, but it presents significant challenges for Tax departments. To ensure accurate tax determination, retailers must navigate a complex labyrinth of tax calculations across a vast array of products and jurisdictions, all while trying to keep up with ever-evol

Compliance 52

Compliance Start-ups Technology 52

Law 360 M&A

MAY 22, 2024

Max Bonici and Connor Webb at Venable take a closer look at the Federal Deposit Insurance Corp.'s and Office of the Comptroller of the Currency's respective bank merger proposals and highlight certain common themes and important differences, in light of regulators continually rethinking their approaches to bank mergers.

Banking 52

Banking 52

ThomsonReuters

MAY 22, 2024

From allowing for a remote work environment to eliminating the need for on-site data centers, cloud-based solutions have fundamentally changed how businesses operate, approach staffing, and serve clients. Is your firm among them? In today’s dynamic and competitive business environment, owners and partners of accounting and audit firms should, at least, be considering cloud-based technology as part of their broader strategies.

Accounting Firms 52

Accounting Firms Technology Finance Compliance 52

Law 360 M&A

MAY 22, 2024

As Texas prepares to launch its new business courts, transactional attorneys — especially those involved in commercial, securities and internal governance matters — should keep several issues in mind when considering use of the state's business court system to facilitate deals and settle disputes, say attorneys at Katten.

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Benzinga

MAY 22, 2024

Accenture Plc (NYSE: ACN ) shares are trading higher on Wednesday. Yesterday, after the closing bell, the company said it agreed to acquire Partners in Performance, a consulting firm that works on business performance improvement in asset-intensive industries by leveraging data and AI capabilities. Partners in Performance will enhance Accenture’s services for clients across various sectors, including metals and mining, oil and gas, utilities, and chemicals.

Equity 52

Equity Marketability 52

Law 360 M&A

MAY 22, 2024

A Delaware vice chancellor declined Wednesday to rule from the bench on a preliminary injunction sought by Redbird Capital Partners in a dispute over a Brookfield Infrastructure Partners claim for a $150 million escrow included in its $5.7 billion purchase of RedBird data center projects last year.

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Benzinga

MAY 22, 2024

BHP Group (NYSE: BHP ) secured a one-week extension on its proposed takeover of Anglo American (OTCQX: AAUKF ). This development came just hours before a deadline mandated by UK takeover regulations, which would have forced BHP to either submit a formal bid or withdraw for at least six months. BHP submitted three unsolicited, conditional proposals, each with the same caveat: Anglo American would be required to execute two complex demergers of its prized South African assets — Anglo American Plat

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