Harvard Corporate Governance

SEPTEMBER 24, 2024

Posted by Maia Gez, Scott Levi, and Tami Stark, White & Case LLP, on Tuesday, September 24, 2024 Editor's Note: Maia Gez , Scott Levi , and Tami Stark are Partners at White & Case LLP. This post is based on a White & Case memorandum by Ms. Gez, Mr. Levi, Ms. Stark, Michelle Rutta , and Jason Ho. The US Securities and Exchange Commission (SEC) and the US Department of Justice (DOJ) recently announced parallel actions against an activist short seller and his firm, charging them with m

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Mckinsey and Company

SEPTEMBER 24, 2024

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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Harvard Corporate Governance

SEPTEMBER 24, 2024

Posted by Deborah Beckmann, Phillip Pennell, and Mia Schiel, Semler Brossy LLC, on Tuesday, September 24, 2024 Editor's Note: Deborah Beckmann is a Managing Director, Phillip Pennell is a Principal, and Mia Schiel is a Senior Associate Consultant at Semler Brossy LLC. This post is based on their Semler Brossy memorandum. Executive compensation can be a sensitive issue at the best of times, but particularly when governance failures allow executives to realize substantial rewards in cases of gross

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BVR

SEPTEMBER 24, 2024

I had the pleasure of attending the 2024 ASA International Conference in Portland, Ore., September 15 to 19. This was my first time to visit Portland, Ore., and I found it to be a very pleasant and attractive place to be. The conference was held at the Downtown Hilton in Portland.

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Appraisal Business Valuation 100

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

SEPTEMBER 24, 2024

Posted by René M. Stulz (Ohio State University), on Tuesday, September 24, 2024 Editor's Note: René M. Stulz is the Everett D. Reese Chair of Banking and Monetary Economics at the Fisher College of Business at The Ohio State University. This post is based on his working paper. In managing their risk, firms can mitigate some risks they are exposed to using financial instruments instead of changing their operations.

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Banking Marketability 112

NYT M&A

SEPTEMBER 24, 2024

Below are 15 major cases brought by the Justice Department and Federal Trade Commission since late 2020, as President Biden’s top antitrust enforcers have promised to sue monopolies and block big mergers.

Mergers & Acquisitions 114

Mergers & Acquisitions Technology 114

Mckinsey and Company

SEPTEMBER 24, 2024

A new private credit ecosystem is emerging across asset managers, banks, and insurers. Here’s what it means for the industry.

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Banking Equity 93

Machen McChesney

SEPTEMBER 24, 2024

Companies and workers had to rapidly adjust and improvise during the first months of the COVID-19 pandemic. Now that work-from-home routines and policies have become more established, employers are creating policies to provide their remote employees with tools for productivity and comfort.

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JPAbusiness

SEPTEMBER 24, 2024

If you are considering entering into a joint venture, we have created the following infographic t o help you. The infographic lists five issues to be aware of and which should be raised with all parties early in the planning and negotiation stages.

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Financial Times M&A

SEPTEMBER 24, 2024

UniCredit chief faces stiff opposition from German government and irritation within the ECB

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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

Mckinsey and Company

SEPTEMBER 24, 2024

Among many educated women, hard-won workplace gains appear to be waning. Why—and what does this mean for organizational performance?

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Benzinga

SEPTEMBER 24, 2024

Smartsheet Inc. (NYSE: SMAR ) shares are trading higher on Tuesday after funds managed by Blackstone Inc. (NYSE: BX ) and Vista Equity Partners disclosed they are acquiring the company for around $8.4 billion in cash. As per the terms, the companies will fully acquire Smartsheet shares for $56.50 per share in cash at the closing of the proposed transaction.

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Equity 65

ThomsonReuters

SEPTEMBER 24, 2024

Jump to ↓ Understanding AI’s impact Step 1: Cultivating an AI-savvy culture Step 2: Developing an AI roadmap Step 3: Implementing AI responsibly Are you ready to become an AI-ready firm? As AI becomes an integral piece of everyday workflow for professionals across all industries, many accounting firms are finding ways to leverage this game-changing technology for increased efficiencies, deeper insights, and a competitive edge.

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Accounting Firms Technology 59

Benzinga

SEPTEMBER 24, 2024

Source: Streetwise Reports 09/20/2024 In Brazil's emerging lithium sector, a US$370 million acquisition of a local company has other junior explorers the wondering if they could be next. Lithium prices have been on quite the roller coaster. After peaking at a high of over US$79,637 per ton in 2022 on the back of the battery power needed for electric vehicles (EVs) and the energy transition, they hit their lowest point in three years in 2024 after EV sales didn't soar as high as expected.

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Enterprise Value Marketability Equity 59

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

Mckinsey and Company

SEPTEMBER 24, 2024

Whether they are monitoring threats or involved in active operations, a country’s defense forces must remain connected and unified, which can be achieved through multidomain technology.

Technology 60

Technology 60

Financial Times M&A

SEPTEMBER 24, 2024

Bettina Orlopp is sceptical about the case for combining the Italian and German lenders

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Law 360 M&A

SEPTEMBER 24, 2024

A DuPont employee was scrutinized on the witness stand Tuesday for the way a worker learned about how the chemical company's merger with Dow would impact their benefits, with a judge calling a heavily redacted trial exhibit useless and a plaintiffs' attorney quizzing her on basic email functions.

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ThomsonReuters

SEPTEMBER 24, 2024

← Blog home In the evolving landscape of auditing, the integration of Generative AI (GenAI) is reshaping the skill set required for audit professionals. As we delve into this transformation, it’s crucial to understand the new competencies that will keep professionals ahead in their field. Highlights: GenAI is reshaping the auditor’s skill set, requiring professionals to develop critical thinking, technical knowledge, and regulatory compliance expertise.

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Compliance Technology Marketability 52

Law 360 M&A

SEPTEMBER 24, 2024

A court-appointed special magistrate has recommended sanctioning e-payment venture SwervePay and related parties over up to 22 months of missing or deleted text messages sought by SPOSC Investment Holdings and others in a post-merger battle over an alleged multibillion-dollar overstatement of "monetizable" payment traffic.

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Benzinga

SEPTEMBER 24, 2024

Diamondback Energy, Inc. (NASDAQ: FANG ), Kinetik Holdings Inc. (NYSE: KNTK ), and EPIC Midstream Holdings disclosed a series of transactions to enhance the growth and financial profile of EPIC Crude Holdings, LP. As part of the deal, Diamondback and Kinetik acquired a 30% equity interest in EPIC Crude, with each now owning 27.5% of the company. EPIC Midstream holds a 45% equity interest in EPIC Crude and manages its operations.

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Equity 52

Law 360 M&A

SEPTEMBER 24, 2024

An Illinois federal judge on Tuesday approved ATI Physical Therapy Inc.'s $31 million deal to resolve stockholder and derivative accusations that the company's top brass hid attrition issues to get shareholder approval of ATI's merger with Wilco Holding Inc.

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Benzinga

SEPTEMBER 24, 2024

Generations Bancorp NY, Inc. (NASDAQ: GBNY ) shares are trading higher premarket Tuesday. The company agreed to sell most of its assets and liabilities, including deposits, to ESL Federal Credit Union for $26.2 million in cash. Generations Bank will retain its equity at the effective time of the P&A transaction, with some adjustments. The Boards of Directors of ESL Federal Credit Union and Generations unanimously approved the transaction.

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Banking Equity 52

Law 360 M&A

SEPTEMBER 24, 2024

Dish Network has called for sanctions against Soo Kim, his hedge fund Standard General and their attorneys, calling Kim's racial discrimination suit against Dish, the Federal Communications Commission and a collection of other media players "an expensive temper tantrum.

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Peak Business Valuation

SEPTEMBER 24, 2024

If you own an auto parts wholesale business , you have a rare opportunity to capitalize on the multi-billion dollar automotive industry. As vehicles age and car accidents remain prevalent, this industry retains steady demand. As such, now may be the best time to sell an auto parts wholesale business. But before you take the next step, consider obtaining a business valuation.

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Business Valuation Fair Market Value Appraisal Technology 52

Law 360 M&A

SEPTEMBER 24, 2024

The company controlled by U.S. billionaire businessman Dan Friedkin has agreed to take a majority stake in Everton Football Club in a move that comes after a prior Everton sale fell through amid legal troubles for the buyer.

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ThomsonReuters

SEPTEMBER 24, 2024

The world of indirect tax compliance is a complex and ever-changing landscape. This is especially true for businesses with e-commerce platforms navigating the constantly evolving rules and regulations across different jurisdictions. The world is moving towards digital tax systems and real-time reporting. Unsurprisingly, many corporate tax departments are struggling to keep up.

Compliance 52

Compliance Technology 52

Law 360 M&A

SEPTEMBER 24, 2024

Bradley Arant Boult Cummings LLP hired ex-Balch & Bingham LLP partner M. Patrick Everman as a partner for its real estate and corporate and securities teams in its office in Jackson, Mississippi, the firm announced.

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Financial Times M&A

SEPTEMBER 24, 2024

Plus, regulators accuse Visa of monopolising debit payments and LVMH’s Bernard Arnault bans staff from speaking to certain media outlets

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Law 360 M&A

SEPTEMBER 24, 2024

Australian investment firm Macquarie Asset Management, advised by King & Spalding LLP, on Tuesday announced that it has agreed to take a "significant" majority stake in renewable energy company D.E. Shaw Renewables Investment Group, led by Skadden Arps Slate Meagher & Flom LLP, for up to $1.725 billion.

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Vested

SEPTEMBER 24, 2024

Learn from real-world startup valuation pitfalls and discover strategies to avoid common mistakes that can drastically affect your company's worth.

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Law 360 M&A

SEPTEMBER 24, 2024

Jones Walker LLP announced that seven attorneys focused on mergers and acquisitions and real estate law from New Orleans firm Fishman Haygood LLP joined the firm's corporate practice.

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Financial Times M&A

SEPTEMBER 24, 2024

State-backed clean energy company chases target of owning 100GW of renewable capacity by 2030

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Law 360 M&A

SEPTEMBER 24, 2024

While the Sept. 25 technical expiration of Federal Trade Commission Chair Lina Khan's term demands no immediate action, it does invite an analysis of commission policy and post-election possibilities, says Richard Dagen of Axinn, and a former FTC official.

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Reynolds Holding

SEPTEMBER 24, 2024

Good morning, Chairman McHenry, Ranking Member Waters, and members of Committee. Thank you for the opportunity to testify before you today about the work of the U.S. Securities and Exchange Commission. The SEC at 90 Years At the SEC, we celebrated our 90th birthday earlier this year. In the aftermath of the 1929 market crash and the frauds, scams, and other observed problems in the securities markets, President Franklin Roosevelt came together with Congress to enact a series of securities laws i

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Treasury Compliance Marketability Start-ups 45