Mon.Jan 06, 2025

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BREAKING: Nippon, US Steel Hit Back With Suits After Biden Blocks Deal

Law 360 M&A

Japan's Nippon Steel Corp. andU.S. Steel Corp. have filed two lawsuits following President Biden's Friday decision to block their planned $14.9 billion merger, claiming Monday that the deal was blocked for "purely political reasons.

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The McKinsey Crossword: Play Time | No. 214

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 youre looking for a quick win.

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Trending Sources

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Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat

Financial Times M&A

Buyer of ExxonMobils assets in the west African country wants to double production within six months

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How beauty players can scale gen AI in 2025

Mckinsey and Company

Beauty brands and retailers have already begun testing gen AI. To scale these experiments quickly, beauty players should focus on high-value use cases and customize gen AI tools to meet their needs.

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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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Private equity wants your retirement funds

Financial Times M&A

Plus, Nippon sues the US over blocked steel deal and the pressure is on for new investment banker hires to deliver

Equity 57
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New Year’s resolutions for tech in 2025

Mckinsey and Company

McKinseys technology leaders offer their insights on how leaders can make the most of tech this year.

More Trending

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Trout CPA Announces 2025 Employee Promotions

Trout CPA

Trout CPA is delighted to begin the new year with the announcement of strategic promotions, effective January 1, 2025. These dedicated professionals have exemplified unwavering commitment, demonstrated remarkable expertise, and contributed significantly to the core values that drive Trout CPA forward.

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Nikola Investors Win Class Cert. In Securities Fraud Litigation

Law 360 M&A

An Arizona federal judge on Monday certified a class of investors accusing Nikola Corp. of inflating its stock price by exaggerating its ability to manufacture electric trucks, ruling that the shareholders have shown their case warrants the class treatment more than four years after they first sued.

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Activism: Mid-cap Companies See Surge

John Jenkins

FTI Consulting recently published its latest Activism Vulnerability Report, which provides an overview of the state of play in shareholder activism & ranks the vulnerability of various industries to activist campaigns.

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Nasdaq Gets SPAC Investor's Racial Bias Claims Tossed

Law 360 M&A

A federal judge decided Monday to toss a suit from an investor in a minority-led special purpose acquisition company claiming the Nasdaq Stock Market participated in race-based discrimination against investors, saying the plaintiff fails to allege that its injuries were a direct result of Nasdaq's actions.

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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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KKR urges Fuji Soft to take legal action against Bain in $4bn takeover fight

Financial Times M&A

Public battle between private equity bidders for software company tests new ground in Japan

Equity 44
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Live Nation Can't Get Intermission In Calif. Antitrust Case

Law 360 M&A

A California federal judge overseeing a private antitrust case against Live Nation denied the company's bid Monday to pause the case for a government enforcement action, saying that the suit was filed first and that exceptions to the "first to file" rule do not apply.

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Revolutionizing tax compliance: The power of embedded solutions in ERP systems

ThomsonReuters

Blog home Managing tax obligations in large organizations is a multifaceted challenge that demands precision, efficiency, and a deep understanding of ever-evolving regulations. Traditional tax management methods, often reliant on manual processes, can be time-consuming and error-prone, leading to significant financial and legal repercussions. As businesses grow and expand into new markets, the complexity of tax compliance increases exponentially, making it crucial to adopt innovative solutions

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Teoxane Outbids Crown With New Revance Therapeutics Bid

Law 360 M&A

Teoxane SA said Monday it has submitted a proposal to Revance Therapeutics Inc. to acquire thehealthcare biotechnology company for$3.60per share in cash, one-upping Revance's existing agreement to sell itself to skincare companyCrown Laboratories Inc. for $3.10 per share in cash.

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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 Appraisal Industry Outlook Under Trump Administration by Bill Johnson

Appraisers Blog

In reply to Flash. Being a San Diego appraiser Flash I would guess that house was in the community of Mira Mesa or Clairemont. Fast forward to today and those $30,000 homes in the 70’s are worth close to or over a million. Seek the truth.

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Monthly Merger Review Snapshot

Law 360 M&A

The Federal Trade Commission successfully blocked Kroger's purchase of Albertsons while continuing to battle with Tempur Sealy and its planned buy of Mattress Firm, and Novo Nordisk managed to finalize its purchase of Catalent. Here, Law360 takes a look at some of the major merger review developments from December.

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Comment on Appraisal Industry Outlook Under Trump Administration by Kenneth Mullinix

Appraisers Blog

Well that is “Hopeful Thinking” that all will go back to normal in our industry. Let’s be positive and see what happens.

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Paul Hastings, Cravath Steer Pork Giant Smithfield's IPO Filing

Law 360 M&A

Pork producer Smithfield Foods Inc. on Monday submitted the year's first filing for an initial public offering, part of a spinoff from China's WH Group Ltd., represented by Paul Hastings LLP and underwriters' counsel Cravath Swaine & Moore LLP.

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Comment on Appraisal Industry Outlook Under Trump Administration by Pray Hard

Appraisers Blog

In reply to Kazys Skirpa. How are we expensive? I’m making less per appraisal than I was 25 years ago. Eggs and steaks are expensive.

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Akoustis Says Ch. 11 Plan Handles IP Injunction Concerns

Law 360 M&A

Radio frequency filter venture Akoustis Technologies Inc. has accused judgment creditor Qorvo Inc. of seeking to scuttle Akoustis' Chapter 11 stalking-horse sale in Delaware for competitive reasons beyond Qorvo's $38 million patent infringement judgment.

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Comment on Appraisal Industry Outlook Under Trump Administration by Flash

Appraisers Blog

In reply to Bill Johnson. I had a 2/1 Spanish Havienda 750 sf on a tiny lot south of University and 37th st. In 1974-77. Left San Diego in 1999 and to Monterey Ca then to Santa Cruz , Ca west of Hwy 1. In San Diego I competed with 1,800 appraisers in 1999 to compete with 50 appraisers in Monterey Ca and Santa Cruz. I pinch myself every day. Life is good.

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KKR Pushes Fuji Soft To Pursue Legal Action Against Bain

Law 360 M&A

Private equity giant KKR called on the board of Fuji Soft on Monday to take legal action against Bain Capital amid a bidding war for the company between the two competing investors, arguing that Bain's unauthorized use of confidential information and breach of its nondisclosure agreement "significantly jeopardizes" the reputation of private equity funds in Japan.

Equity 52
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Comment on Appraisal Industry Outlook Under Trump Administration by Baggins

Appraisers Blog

In reply to Pray Hard. This again? We’ve had this conversation before. Amc’s impose an artificially low parity rate upon appraisal services by way of regulatory capture. 20 billion in junk fees and counting. Free markets does not mean having to submit to pay to play or be denied the right to work. That’s not necessarily communism, but could be called racketeering, collusion, and fraud.

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FTC Blasts Tempur Sealy's New Floor-Space Promise

Law 360 M&A

The Federal Trade Commission told a Texas federal court a revised commitment from Tempur Sealy to preserve floor space for rivals in Mattress Firm stores would not restore the competition lost by a merger of the companies because it cannot be enforced.

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Comment on Appraisal Industry Outlook Under Trump Administration by Coach

Appraisers Blog

This policy shift could be a boon for appraisers, as tighter regulations would drive up demand for our expertise. This is quite encouraging!

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Olshan Frome, Ellenoff Grossman Guide Gun Biz SPAC Deal

Law 360 M&A

Online firearm retailer GrabAGun, advised by Olshan Frome Wolosky LLP, announced plans on Monday to go public through a $150 million merger with special purpose acquisition company Colombier II, led by Ellenoff Grossman & Schole LLP.

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Comment on Appraisal Industry Outlook Under Trump Administration by Pray Hard

Appraisers Blog

On bias & discrimination, the Trump administration is likely to reverse any actions seen as threatening the integrity of appraisals.

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BREAKING: Disney Buy Ends Fubo Sports Streaming Suit

Law 360 M&A

Disney and Fubo announced a deal Monday morning to combine the streaming startup with Disney's Hulu + Live TV business, in an agreement that ends Fubo's lawsuit that had so far successfully challenged a three-way live sports streaming joint venture between Disney's ESPN, Fox and Warner Bros. Discovery.

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Comment on Appraisal Industry Outlook Under Trump Administration by Retired Appraiser

Appraisers Blog

On bias & discrimination, the Trump administration is likely to reverse any actions seen as threatening the integrity of appraisals.

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FTC Picks Augur Pro-Business Bent For Much Of Economy

Law 360 M&A

President-elect Donald Trump's choice of two top Federal Trade Commission officials suggests a business-friendly climate for a significant portion of the U.S. economy, with noteworthy exceptions of continued scrutiny of healthcare and Big Tech companies, excluding artificial intelligence, say attorneys at BCLP.

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Comment on Appraisal Industry Outlook Under Trump Administration by Pray Hard

Appraisers Blog

On bias & discrimination, the Trump administration is likely to reverse any actions seen as threatening the integrity of appraisals.

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Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry

Financial Times M&A

Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administration

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Comment on Appraisal Industry Outlook Under Trump Administration by Retired Appraiser

Appraisers Blog

On bias & discrimination, the Trump administration is likely to reverse any actions seen as threatening the integrity of appraisals.

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Exploring Venue Strategy For Trump-Era Regulatory Litigation

Law 360 M&A

Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.

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