Harvard Corporate Governance

MAY 15, 2024

Posted by Subodh Mishra, Institutional Shareholder Services Inc., on Wednesday, May 15, 2024 Editor's Note: Subodh Mishra is Global Head of Communications at ISS STOXX. This post is based on an ISS-Corporate memorandum by Jacob McKeeman and Erica Chiorazzi. The inaugural IFRS Sustainability Disclosure Standards were released by the International Sustainability Standards Board (ISSB) in mid-2023, designed to establish a global baseline for corporate disclosures.

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NYT M&A

MAY 15, 2024

Mr. McCourt, a longtime critic of the way tech companies use data, sees acquiring TikTok as a chance to create an “alternative to the current internet.

Mergers & Acquisitions 131

Mergers & Acquisitions Technology 131

Harvard Corporate Governance

MAY 15, 2024

Posted by Ferdinand Fromholzer, Dirk Oberbracht, and Jan Schubert, Gibson, Dunn & Crutcher LLP, on Wednesday, May 15, 2024 Editor's Note: Ferdinand Fromholzer , Dirk Oberbracht , and Jan Schubert are Partners at Gibson, Dunn & Crutcher LLP. This post is based on their Gibson Dunn memorandum. A recent global survey of dealmakers by BCG and Gibson Dunn reveals a striking consensus: conducting environmental, social, and governance (ESG) due diligence is now indispensable for M&A transac

Compliance 249

Compliance 249

Machen McChesney

MAY 15, 2024

Interim financial reporting is essential to running a successful business. When reviewing midyear financial reports, however, you should recognize their potential shortcomings. These reports might not be as reliable as year-end financials unless a CPA prepares them or performs agreed-upon procedures on specific accounts.

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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

Harvard Corporate Governance

MAY 15, 2024

Posted by Jeremy McClane (University of Illinois), Yaron Nili (University of Wisconsin-Madison), and Cathy Hwang (University of Virginia), on Wednesday, May 15, 2024 Editor's Note: Jeremy McClane is a Professor of Law at the University of Illinois, Yaron Nili is a Professor of Law at the University of Wisconsin-Madison, and Cathy Hwang is the Barron F.

Marketability 111

Marketability 111

Law 360 M&A

MAY 15, 2024

The U.S. Department of Justice has agreed to a rare early termination of its review of payments tech company Metropolis Technologies Inc.'s planned $1.5 billion deal for parking and logistics provider SP Plus Corp., after previously requesting additional information about the transaction.

Technology 98

Technology 98

Law 360 M&A

MAY 15, 2024

Being a yoga instructor has helped me develop my confidence and authenticity, as well as stress management and people skills — all of which have crossed over into my career as an attorney, says Laura Gongaware at Clyde & Co.

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Financial Times M&A

MAY 15, 2024

Gary Nagle’s praise came hours after the country’s storied miner announced it would break itself up

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Law 360 M&A

MAY 15, 2024

It's time for the Federal Trade Commission to require the companies and private equity firms gobbling up residential real estate to report those acquisitions to the agency for antitrust purposes the same way they have to report other big purchases, Sen. Amy Klobuchar said.

Private Equity Firm 97

Private Equity Firm Equity 97

Reynolds Holding

MAY 15, 2024

Derivatives are financial instruments used to shift risks, such as fluctuations in interest rates or foreign exchange rates or changes in the value of assets such as stocks, bonds, metals, or agricultural or energy products. At first glance, entering into a derivative may appear to involve little more than contract drafting, negotiation, and execution.

Banking 64

Banking Marketability Market Risk Finance 64

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

The Guardian M&A

MAY 15, 2024

RedBird IMI deal effectively killed by new legislation blocking foreign states from owning UK newspapers The former CNN executive who fronted a failed bid for the Telegraph newspaper by a UAE-backed consortium has suggested the government was not willing to listen to assurances about editorial neutrality. Jeff Zucker said there were figures in the UK who were “scared” of the £600m deal, which would have seen the Abu Dhabi-backed consortium, RedBird IMI, take control of the Telegraph and Spectato

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Law 360 M&A

MAY 15, 2024

Seyfarth Shaw LLP has brought on a new corporate partner with more than 30 years of BigLaw advisory experience amid the firm's continuing corporate department growth in New York.

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Global Finance

MAY 15, 2024

Global Finance held its 25th annual Best Investment Bank and the Sustainable Finance awards at Searcy’s in London on April 30th. The awards ceremony brought together attendees from across the globe at the iconic Gherkin on St. Mary’s Axe in the heart of the City of London. Societe Generale was awarded the World’s Best Bank for Sustainable Finance and clickthrough for highlights from a fantastic evening celebrating the institutions pushing the agenda for sustainability financing and investment ba

Finance 52

Finance Banking 52

M&A Leadership Council

MAY 15, 2024

9 Examples That Can Enhance Merger Success By M&A Leadership Council Ensuring continuity between the two critical phases of diligence and integration can significantly enhance the success of a merger. The following nine examples of continuity between diligence and integration team activities highlight their functions and drive home their impact on the overall deal. 1.

Technology 52

Technology Mergers & Acquisitions Compliance 52

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

Peak Business Valuation

MAY 15, 2024

Are you considering purchasing an auto detailing business ? Imagine being at the helm of a business that caters to car enthusiasts and everyday drivers alike, ensuring their vehicles gleam with pride. But before you embark on this exciting journey, there is one step you cannot afford to overlook. A valuation for buying an auto detailing business. This valuation can help you avoid overpaying and taking on hidden liabilities.

Business Valuation 52

Business Valuation Appraisal Discounted Cash Flow Asset-based Approach 52

Law 360 M&A

MAY 15, 2024

Discount retail chain 99 Cents Only received approval Wednesday from a Delaware bankruptcy judge for a $14.6 million stalking-horse bid for 11 of its properties in Texas from Ollie's Bargain Outlet Inc., another discount retailer.

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Exit Strategy

MAY 15, 2024

Exit Strategies Group has advised the owners of Dynamic Solutions, a California-based provider of industrial automation solutions, on their recent sale to Valin Corporation, a subsidiary of Graybar. Effective May 1, 2024, the acquisition significantly expands and adds technical capabilities to Valin’s automation and robotics group. Established in 1998, Dynamic Solutions specializes in precision motion […] The post Exit Strategies Group Advises Dynamic Solutions in Sale appeared first on Ex

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Law 360 M&A

MAY 15, 2024

UnitedHealth Group was hit with a proposed shareholder class action alleging it failed to disclose that the U.S. Department of Justice had reopened an antitrust investigation into the health insurance giant following its acquisition of a healthcare data company, and that top executives had sold more than $120 million of shares knowing about the investigation before a news report revealed it to the public.

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Auto Dealer Valuation Insights

MAY 15, 2024

Samantha L. Albert, ASA, ABV will be speaking on a panel at the virtual ASA 2024 Beyond Valuation – Professional Development and Growth Conference on Wednesday, May 29, 2024. Samantha will speak alongside Weston Kirk from Willamette Management Associates, Jacquelyn Marsac, ASA from VRC, and Roslyn Lo, MAI from Empire Valuation Consultants.

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Law 360 M&A

MAY 15, 2024

Delaware's Court of Chancery dismissed from an arbitration access dispute on Wednesday 85 BuzzFeed Media Enterprises employees who sued for arbitration of a stock conversion right, rejecting claims that company employment agreements require Delaware courts to handle the issue.

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Appraiser Newsroom

MAY 15, 2024

Last week, aviation professionals from around the globe converged at a cutting-edge venue as Satcom Direct hosted two exclusive courses by ASA. The event, which took place at Satcom Direct’s headquarters, offered an immersive experience blending education with industry insights and technological advancements. Attendees came from diverse backgrounds, representing renowned entities like ICF, Axiom, JSSI, Arvest Capital, Blue Sky Aero, Embraer, Goal Leasing, SOLJETS, and Guardian Jet.

Appraisal 52

Appraisal Technology Banking Finance 52

Law 360 M&A

MAY 15, 2024

Two Chinese companies, art marketplace Tyfon Culture Holdings and electric vehicle maker Aiways Europe, have announced plans to go public in the U.S. via mergers with special purpose acquisition companies in deals that are together valued at around $834 million.

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ThomsonReuters

MAY 15, 2024

Stress management is crucial in any workplace, especially in the field of accounting where professionals often face high-pressure situations and tight deadlines. Effectively managing stress not only improves overall well-being but also enhances productivity and job satisfaction. In this blog post, we will explore key strategies for stress management in the accounting workplace.

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Law 360 M&A

MAY 15, 2024

Citing "non-cumulative" damages award offsets, a Delaware vice chancellor on Wednesday ordered the former TransCanada Corp. to pay $199 million of a potential $283 million judgment issued in a post-trial ruling last year on amounts owed to former Columbia Pipeline Group Inc. shareholders shorted in a 2016 merger.

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Avanade

MAY 15, 2024

In his previous blog post, Gertjan Van der Linden reminded us that the core foundations of ERP are essential for AI. Now, he shares his insights into other critical factors for success across delivery, customization and globalization.

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Law 360 M&A

MAY 15, 2024

Sullivan & Cromwell LLP said Wednesday it is bringing two "top Silicon Valley dealmakers" from Skadden Arps Slate Meagher & Flom LLP to the firm, touting the pair's history with multibillion-dollar technology-related mergers and acquisitions.

Technology 52

Technology 52

Reynolds Holding

MAY 15, 2024

Audit firms are private businesses with the same legitimate interest in making a profit that all private businesses have. [1] But audit firms have also been entrusted to be essential gatekeepers in maintaining the integrity of our capital markets. The leaders of audit firms, and the tone that they set, play a central role in ensuring that professionals within audit firms do not sacrifice integrity and professionalism for profit and growth.

Accounting Firms 45

Accounting Firms Compliance Private Equity Firm Marketability 45

Law 360 M&A

MAY 15, 2024

Billionaire Frank McCourt says he's building a consortium to purchase TikTok and redesign the platform to eliminate the collection of users' information, putting "people in control of their [own] digital identities and data.

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Financial Times M&A

MAY 15, 2024

Deal with Delivery Hero gives investors in the sector something to chew over

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Law 360 M&A

MAY 15, 2024

Vodafone Group PLC on Wednesday announced the take-off of an up to €500 million ($631 million) share repurchase program, the first part of a wider year-long €2 billion buyback funded by the sale proceeds of its business in Spain.

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Benzinga

MAY 15, 2024

ORLANDO, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTCQX: SGTM ) ($SGTM), a leading provider of sustainable and eco-friendly products, announces signing a Letter-of-Intent (LOI) with Revive Terra Corporation ("Revive") to purse a merger on corporate operations. Revive Terra Corporation, a Canadian Corporation, is recognized for its groundbreaking approaches to soil restorations and carbon sequestration products and methodologies.

Technology 40

Technology 40

John Jenkins

MAY 15, 2024

Wachtell recently published the 2024 edition of its “Guide to Distressed Investing, Mergers & Acquisitions.” This 230-page publication provides an in-depth review of the legal and process issues associated with acquiring or investing in distressed companies both in and out of bankruptcy proceedings.

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Benzinga

MAY 15, 2024

MONTREAL, May 15, 2024 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME ) (" Prime " or the " Company ") announces that it has entered into a share purchase agreement dated May 14, 2024 (the " Share Purchase Agreement ") with 9296-0186 Québec Inc. (" 9296 "), the shareholders of 9296 (together with 9296, the " Vendors "), and Angelpart Ventures Inc., whereby the Company will acquire all of the issued and outstanding common shares (" Triani Shares ") of Triani Canada Inc. (" Triani "), subj

Fair Market Value 40

Fair Market Value Start-ups Finance EBITDA 40

Brian DeChesare

MAY 15, 2024

Private equity value creation came on my radar a few years ago when I noticed something: Even though traditional PE deal roles were not doing well, “operational” or “value creation” teams still seemed to be recruiting. We kept getting messages from students and clients like the following: “I’m currently working at a Big 4 firm and haven’t gotten many responses to my applications for traditional PE roles, but several value creation teams have invited me in for interviews.

Equity 105

Equity Private Equity Firm Start-ups EBITDA 105