Harvard Corporate Governance

NOVEMBER 22, 2024

Posted by Vanessa Mesics, Nasdaq, Inc., on Friday, November 22, 2024 Editor's Note: Vanessa Mesics is the Co-Head of the Nasdaq Center for Board Excellence, which is a community of board members, executives, and governance leaders dedicated to strengthening corporate governance. This post is based on her Nasdaq memorandum. In an era where data is abundant, yet often overwhelming, corporate leaders are not only challenged to gather information but to also discern its quality and relevance.

Marketability 120

Marketability 120

Mckinsey and Company

NOVEMBER 22, 2024

Effective leaders continually adapt their priorities, roles, time, and energy practices to stay ahead of new realities. Here’s why you need to do the same.

80

80

Benzinga

NOVEMBER 22, 2024

CV Sciences, Inc. (OTCQB: CVSI ) a hemp-focused wellness company announced on Thursday it's acquiring Extract Labs, Inc., a manufacturer and distributor of premium cannabinoid products including gummies, topicals and tinctures. What Happened The company noted that it has entered into a definitive agreement to purchase Extract Labs for the following considerations: cash payment of $400,000, less the amount of certain holdbacks and adjustments; and the issuance of shares of CV Sciences’

64

64

Mckinsey and Company

NOVEMBER 22, 2024

Third-quarter GDP reports reveal a mixed global economy. China faces an economic slowdown; the United States sees growth; and the eurozone is stable. The IMF forecasts a slow but stable global trajectory into 2025.

Corporate Finance 64

Corporate Finance Finance 64

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

Appraisers Blog

NOVEMBER 22, 2024

In 2044, an attorney will need an appraisal for a divorce or for an estate, and a homeowner will need an appraisal for a tax reduction. But there will be no appraisers. At least in my neck of the woods, where appraisers under 60 are the babies.

Appraisal 63

Appraisal 63

Benzinga

NOVEMBER 22, 2024

PepsiCo, Inc. (NASDAQ: PEP ) disclosed a deal to acquire the remaining 50% stake in Sabra Dipping Company, LLC, and PepsiCo-Strauss Fresh Dips & Spreads International GmbH for an undisclosed amount. This acquisition will make PepsiCo the sole owner of the companies behind Sabra and Obela products. Sabra and Obela, 50/50 joint ventures between PepsiCo and Strauss Group, focus on refrigerated dips and spreads.

Marketability 59

Marketability Equity 59

Mckinsey and Company

NOVEMBER 22, 2024

The latest update of McKinsey’s Organizational Health Index offers some twists and surprises for leaders. See if you can identify the crucial drivers of a healthy organization.

52

52

Appraisers Blog

NOVEMBER 22, 2024

This is nothing new and we didn’t “suspect”, we knew. We are professional observers, after all. This has been going on forever and it isn’t just us. It’s the surveyors, the inspectors, the title companies, the insurance property adjustors. I had an adjustor’s license for about ten years. The last FEMA class I went to consisted of about 400 adjustors who hadn’t had any work in two years.

Appraisal 56

Appraisal 56

Law 360 M&A

NOVEMBER 22, 2024

Following a dearth of initial public offerings in recent years, more private companies are arranging secondary-share sales to help employees and early investors pare down equity stakes without waiting for a public listing, a trend capital markets attorneys expect will continue for the foreseeable future, even if IPOs rebound.

Equity 52

Equity Marketability 52

Benzinga

NOVEMBER 22, 2024

New On The Block Starbucks (NASDAQ: SBUX ) is looking to sell a stake in its Chinese operations. Same-store sales in China fell 14% last quarter, with the Seattle-based coffee retailer seeking partnerships to adapt to tough economic and competitive pressures. Bankruptcy Block Snack producer Hearthside Food Solutions went bankrupt. The private equity-owned company looks to offload the $1.9 billion in debt accumulated under the ownership of Partners Group Holding AG and Charlesbank Capital Partner

Equity 52

Equity Banking 52

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

Law 360 M&A

NOVEMBER 22, 2024

​The U.S. Department of the Treasury’s final rule banning U.S. investment in emerging Chinese technology clarifies some key requirements, includes additional exceptions for covered transactions and attempts to address concerns that the rule will put U.S. businesses at a competitive disadvantage, say attorneys at Simpson Thacher.

Technology 52

Technology 52

Appraisers Blog

NOVEMBER 22, 2024

Mr Calabria probably didn’t say this when he was in charge, he probably approved of the current trend of eliminating appraisers, after all we are too expensive, too slow and “kill” deals that would otherwise go through unhindered, creating more profit for the GSE’s. If ONLY somebody in government would wake up and realize that eliminating appraisals is increasing the risk which will get passed on to the taxpayer again, oh wait, congressmen & women don’t pay much

Appraisal 52

Appraisal 52

Law 360 M&A

NOVEMBER 22, 2024

Class attorneys in the now-settled legal fight over Bowl America's merger with Bowlero Corp. are requesting fees representing 28% of the proposed $2.2 million deal to end the litigation, which is nearing final approval.

52

52

Appraisers Blog

NOVEMBER 22, 2024

In reply to Baggins. also — conveniently remove docs from appraiser profiles (i.e. “missing licenses, E&O, etc.”) to effectively remove them from assignment eligibility -> and has same censoring impact (versus having to legally explain why an appraiser was ‘removed’ from a panel… i.e. for doing their job correctly, disclosing, etc. vs “not playing ball” and being blamed for a loan not closing, delaying LO payout, etc.

Appraisal 52

Appraisal 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

Law 360 M&A

NOVEMBER 22, 2024

Hudson Acquisition I Corp. and Aiways Automobile Europe GmbH said Friday they have inked an agreement to go public through a SPAC merger, with the electric vehicle maker achieving a $410 million pre-merger equity valuation.

Equity 52

Equity 52

Benzinga

NOVEMBER 22, 2024

DIRECTV announced Friday it would terminate its agreement to acquire EchoStar Corp’s (NASDAQ: SATS ) video distribution business, DISH DBS. The decision follows DISH DBS noteholders’ refusal to accept EchoStar’s proposed Exchange Debt Offer Terms, a critical condition for the deal to proceed. EchoStar stock tanked after the update.

52

52

Law 360 M&A

NOVEMBER 22, 2024

California-based biopharmaceutical company Halozyme Therapeutics Inc. on Friday said it has withdrawn its €2 billion ($2.1 billion) proposal to acquire European biotechnology company Evotec SE, saying that Evotec's board made it clear it was not interested in a potential combination.

52

52

Peak Business Valuation

NOVEMBER 22, 2024

As of 2024, the medical spa industry is worth close to $37 million. Why? Medical spas use non-invasive procedures that enhance beauty, skincare, and health. This aids in relaxation and improved confidence. Before buying or selling a medical spa, consider obtaining a medical spa valuation. Doing so will help you understand the fair market value of a medical spa and what drives the value.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Marketability 52

Law 360 M&A

NOVEMBER 22, 2024

Honeywell said Friday it has agreed to sell its personal protective equipment business to Protective Industrial Products Inc. for $1.325 billion in cash, as the industrial conglomerate forges ahead with a multipronged restructuring program while also facing pressure from an activist investor to split itself in two.

52

52

Vested

NOVEMBER 22, 2024

On the fifth episode of this second season of FounderMetrics , founder and CEO Ifty Nasir sits down to chat with Molly Johnson-Jones, CEO and co-founder of Flexa Careers.

52

52

Law 360 M&A

NOVEMBER 22, 2024

A Delaware bankruptcy judge on Friday approved the $72.5 million sale of Jordan Health, the corporate parent of medical equipment company Avante Health, to an affiliate of Staple Street Capital after the debtor reached a settlement with unsecured creditors.

52

52

NYT M&A

NOVEMBER 22, 2024

The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders.

Mergers & Acquisitions 54

Mergers & Acquisitions Equity 54

Law 360 M&A

NOVEMBER 22, 2024

DirecTV is abandoning a plan to purchase EchoStar's video distribution business Dish DBS, including Dish TV and Sling TV, after Dish DBS' bondholders rejected a proposed exchange debt offer that was required to seal the deal.

52

52

Appraisers Blog

NOVEMBER 22, 2024

Mark Calabria's discussion with ARCC revealed the GSEs' agenda to reduce "appraisal friction" by eliminating the role of appraisers.

Appraisal 52

Appraisal 52

Law 360 M&A

NOVEMBER 22, 2024

In this week's Taxation With Representation, Amcor PLC buys Berry Global Group Inc., AeroVironment buys BlueHalo, Robinhood Markets Inc. acquires TradePMR, and Comcast Corp. spins off a suite of NBCUniversal cable television networks.

Marketability 52

Marketability 52

Appraisers Blog

NOVEMBER 22, 2024

Mark Calabria's discussion with ARCC revealed the GSEs' agenda to reduce "appraisal friction" by eliminating the role of appraisers.

Appraisal 52

Appraisal 52

Law 360 M&A

NOVEMBER 22, 2024

The Competition and Markets Authority said Friday that it has fined U.S. healthcare company Viatris Inc. £1.5 million ($1.9 million) for breaching an order as the regulator reviewed a deal it had inked with Theramex, a U.K. pharmaceutical business.

Marketability 52

Marketability 52

Mckinsey and Company

NOVEMBER 22, 2024

What’s often missing from the conversation about getting to net-zero emissions is a recognition of the difficulty in transforming the complex physical assets underlying our current energy system — a system that has been optimized over centuries to deliver high performance, that is deeply embedded in the global economy, and that serves billions of people.

Technology 49

Technology 49

Law 360 M&A

NOVEMBER 22, 2024

Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.

52

52

Benzinga

NOVEMBER 22, 2024

New York, NY November 22, 2024 --( PR.com )-- BDA Partners is pleased to announce that its client, Nippon Sangyo Suishin Kiko, has reached an agreement on the sale of its stake in Japan Energy Components to Obara Group, a Japan-based machine industry company comprised of the parent and a global network of 27 subsidiaries, through which it manufactures and sells its products worldwide.

Private Equity Firm 45

Private Equity Firm Equity 45

Law 360 M&A

NOVEMBER 22, 2024

Auto parts supplier TI Fluid Systems said Friday that both it and the U.K. mergers and acquisitions authority have given Canadian rival ABC Technologies a second extension to finalize its takeover offer of approximately £995 million ($1.3 billion).

Technology 52

Technology 52

Benzinga

NOVEMBER 22, 2024

FORT WAYNE, Ind., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Do it Best announces the successful acquisition of True Value, a long-time competitor with a legacy brand that benefits both organizations. This monumental transaction represents a transformative milestone for Do it Best, True Value, and the entire independent hardware industry. The acquisition brings significant assets to Do it Best, including inventory, brand rights, and paint manufacturing facilities.

45

45

John Jenkins

NOVEMBER 22, 2024

The Chancery Court recent decision in GB-SP Holdings LLC et al. v. Walker, (Del. Ch.; 11/24) provides a reminder that fiduciaries who breach their duty of loyalty may find themselves facing financial consequences even if damages to the company itself are too speculative to be proven.

45

45

Benzinga

NOVEMBER 22, 2024

Westford, USA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Global Construction Equipment Rental Market will reach a value of USD 301.5 Billion by 2031, with a CAGR of 6.2% during the forecast period (2024-2031). The rise in government investment on public infrastructure development has stimulated mining and construction activities in rising economies worldwide.

Technology 45

Technology Marketability 45