Tue.Nov 26, 2024

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Building AI trust: The key role of explainability

Mckinsey and Company

AI systems are powerful but often operate like “black boxes,” shrouded in mystery. Here’s how companies can shed some light and drive adoption of AI solutions that users trust and understand.

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Thrive Capital, Tiger Global-Backed Cannabis Wholesale Platform LeafLink Buys Leaf Trade: Co. Will Process ~$9B In Annual GMV

Benzinga

LeafLink , a cannabis wholesale platform, has announced its acquisition of Leaf Trade , a specialized marketplace catering to multi-state operators (MSOs) and enterprise cannabis businesses. The combined entity is poised to process nearly $9 billion in annual gross merchandise value (GMV). The price tag or conditions of the transaction were not disclosed.

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How the best CEOs build lasting stakeholder relationships

Mckinsey and Company

By developing a compelling, proprietary narrative and a sustainable communications road map, leaders can foster deeper dialogues and more meaningful connections with a wide range of stakeholders.

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M&A in the Digital Age: How Tech is Supercharging Dealmaking

Sun Acquisitions

Mergers and acquisitions (M&A) have always been a high-stakes game. But in today’s fast-paced business environment, the role of technology is becoming increasingly crucial for success. From streamlining complex processes to uncovering hidden opportunities, tech supercharges M&A dealmaking across all stages. Turbocharged Due Diligence: From Tedious to Tech-Savvy Due diligence, the meticulous examination of a target company, was time-consuming and paper-heavy.

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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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The diamond industry is at an inflection point

Mckinsey and Company

After surging during the pandemic, diamond prices have reversed to multiyear lows. Proactive moves by players across the value chain can help ensure stability and longevity in the years to come.

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Elon Musk’s Twitter backers gain windfall from xAI deal

Financial Times M&A

Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up

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More Trending

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Comment on Accurate Group’s Appraiser Selection Practices Expose Troubling Industry Tactics by Mary Cummins

Appraisers Blog

In reply to Cam R. I rarely work for this AMC. I took the 1004D because I was curious and not doing much. Subject was also right next to me. I understood why they offered more than average for the 1004D after I accepted the bid and read the original report. I’m amazed they allow such sloppy data collection work and appraisals. They didn’t even ask the original appraiser for clarifications which would have been listed in the appraisal with this AMC.

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The McKinsey Crossword: T Day | No. 208

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 you’re looking for a quick win.

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Comment on Accurate Group’s Appraiser Selection Practices Expose Troubling Industry Tactics by Baggins

Appraisers Blog

In reply to Joseph. Criminal impersonation. To defraud or mislead another person by using a fictitious identity or creating a false sense of authority or reliability. To pretend to have a specific license, when one does not have that license. Depending on the harm and risk imposed is typically a high level misdemeanor to a low level felony. NAR should be informed if their members are working with amc’s whom tell agents to misrepresent themselves as appraisers.

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In asset management, big is beautiful — but it is not enough

Financial Times M&A

When two weaklings team up, it creates all sorts of potential problems

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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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Comment on Accurate Group’s Appraiser Selection Practices Expose Troubling Industry Tactics by Joseph

Appraisers Blog

I disagree with you Frank; I choose to work for a few “good” AMC’s who will pay me what I am worth, I am trying to transition out of AMC work but it’s not an easy thing to do, it takes time. I specialize in rural/odd ball properties and am competent in 10 upstate NY Counties that I cover on a regular basis, and subscribe to 5 MLS systems as my tools of my profession.

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Trout CPA Promotes Becca Hrubochak, CPA, and Nikelle Druck to Partner

Trout CPA

Trout CPA is excited to announce the promotions of Becca Hrubochak, CPA and Nikelle Druck to Partner effective December 1, 2024. Learn more.

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Comment on NFHA’s False Narrative Undermines the Appraisal Industry by Baggins

Appraisers Blog

A barrage of billboards, magazine ads, and TV/radio public service announcements is being used to amplify and spread this false narrative.

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Execute Your Annual Plan With Top-Rated Strategic Planning Software

Rhythm Systems

Introduction In todays rapidly changing world, strategic planning is the difference between the companies that survive and thrive and the ones that crash and burn. Research shows that over 67% of strategic plans fail , so creating a strategic plan isnt enough; the real magic happens in the execution of the plan. Strategic planning software is a critical tool for organizations aiming to streamline their strategic planning processes.

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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 NFHA’s False Narrative Undermines the Appraisal Industry by Baggins

Appraisers Blog

In reply to Baggins. [link] Corporate media outlets have buried, downplayed, or otherwise shelved a new study which reveals that “diversity, equity, and inclusion” (DEI) policies cause people to become ‘hostile’ – essentially seeing racism where none exists.

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Webinar Recap – Navigating the Letter of Intent (LOI): Key Takeaways from ITValuations’ Latest Webinar

IT Valuations

On November 20th, ITValuations hosted an insightful webinar, The Transaction Journey: Navigating and Understanding the Letter of Intent (LOI) , presented by Aaron Mahl, Greg Northrop, and Corey Kearns. This session provided critical guidance on understanding LOIs for both buyers and sellers, breaking down complex components into actionable advice. Here’s a recap of the key highlights: What is an LOI?

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Workers Say Kroger's, Albertsons' No-Poach Deal Hurt Wages

Law 360 M&A

A Colorado grocery store employee has filed a putative class action accusing Kroger Co. and Albertsons Cos. Inc. of scheming to suppress workers' wages, alleging in a state court complaint that the grocers entered into an illegal "no-poach" agreement during a 2022 strike.

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Inside TD Bank AML Debacle: The Cost of Underfunded Compliance

N Contracts

Choosing profits over compliance will get you in trouble with the Justice Department. That’s the lesson TD Bank learned in a $3 billion settlement related to large-scale Bank Secrecy Act (BSA) program violations.

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FTC Actions In Oil Cases Go Against Its Own Rulemaking

Law 360 M&A

Two recent Federal Trade Commission actions concerning the oil and gas industry appear to defy its own merger guidelines, with allegations that fall far short of the commission's own standard — raising serious questions about the agency's current approach, say attorneys at Clifford Chance.

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Valuing a Restoration Company

Peak Business Valuation

Natural disasters like hurricanes, wildfires, and floods can severely disrupt communities. These events often leave families and businesses with serious property damage. To help affected communities, restoration companies repair buildings and damaged property. This is an excellent way to help individuals in need! In addition, running a restoration company can be a rewarding business opportunity.

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HCA Hospital Sale On Hold Amid Antitrust Concerns

Law 360 M&A

An Indiana healthcare system has withdrawn its application with the state health department for a planned purchase of a hospital from HCA Healthcare following concerns from the Federal Trade Commission, saying it needs more time to rework the application.

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Mastering term sheets: investment docs made easy

Vested

The term sheet: what is it, and why is it important? You've successfully pitched to investors, and now it's time to take the next steps and lock in that deal. This is where the term sheet comes in.

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Flying Makes Me A Better Lawyer

Law 360 M&A

Achieving my childhood dream of flying airplanes made me a better lawyer — and a better person — because it taught me I can conquer difficult goals when I leave my comfort zone, focus on the demands of the moment and commit to honing my skills, says Ivy Cadle at Baker Donelson.

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Banco BPM rejects UniCredit takeover bid

Financial Times M&A

Italy’s third-largest bank says value of offer is ‘completely unusual’ and fails to reflect its prospects

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Pa. Nursing Home Eying Sale Seeks Fraud Sentencing Delay

Law 360 M&A

The parent company for a troubled Western Pennsylvania nursing home asked a federal court to postpone a sentencing for defrauding state and federal healthcare programs so the company can keep trying to sell the facility, or at least relocate its residents over a longer period of time.

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Personalized Medicines Market to Surpass Valuation of USD 1352.81 Billion by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global personalized medicines market size will reach a value of USD 1352.81 Billion by 2031 , with a CAGR of 11.40% during the forecast period (2024-2031). The personalized medicines market is majorly influenced by the growing demand for innovative therapies because of the increasing global prevalence of diseases such as cancer.

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GTCR Plugs $1.33B Into Software Testing Biz Tricentis

Law 360 M&A

Software testing and engineering company Tricentis, advised by Willkie Farr & Gallagher LLP, on Tuesday revealed that it has reached an enterprise value of $4.5 billion following a $1.33 billion investment from Kirkland & Ellis LLP-led private equity giant GTCR.

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Peptide Synthesis Market to Witness 13.0% CAGR by 2031 | SkyQuest Technology

Benzinga

Westford, USA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that Peptide Synthesis Market Size will attain the value of USD 1861.20 Million by 2031 , with a CAGR of 13.0% during the forecast period (2024-2031). Imaging technology demand is growing substantially for accurate diagnosis of chronic diseases. The use of biosensors and biomarkers for invasive and non-invasive diagnostics is also very common.

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Streaming Biz Brightcove Sold In $233M Go-Private Deal

Law 360 M&A

Streaming technology company Brightcove Inc., advised by Goodwin Procter LLP, has agreed to go private and be bought by Latham & Watkins LLP-led software company Bending Spoons in an all-cash deal valued at around $233 million.

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Fortran Corporation Signs LOI

Benzinga

CONOVER, N.C., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Fortran Corporation (OTC: FRTN ) is pleased to announce that the company has signed a Letter of Intent (LOI) to acquire Intech Systems of South Carolina, Inc. "We believe that the acquisition of Intech Systems of South Carolina will increase our market share in South Carolina and surrounding areas and add revenue that will enhance our bottom line numbers," stated President Kent Greer.

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National World shareholder calls on board to engage with £56mn takeover bid

Financial Times M&A

Harwood Capital says newspaper group should negotiate a higher offer price

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Chronic Wound Care Market to Expand at a Modest 4.17% CAGR through 2031 | SkyQuest Technology

Benzinga

Westford, USA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the chronic wound care market size will attain a value of USD 30.85 billion by 2031, with a CAGR of 4.17% over the forecast period (2024-2031). High prevalence of chronic diseases and advancements in wound care technologies are expected to drive chronic wound care market growth over in the future.

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An ITV uncoupling is still more hope than reality

Financial Times M&A

A carve-up would require a new relationship between the production arm and the remaining broadcaster

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Cold Chain Logistics Market is Predicted to Reach USD 1033.16 Billion by 2031 | SkyQuest Technology

Benzinga

Westford USA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Cold Chain Logistics Market size will attain a value of USD 1033.16 Billion by 2031, with a CAGR of 15.60% over the forecast period (2024-2031). The cold chain logistics comprise transportation and storage under closed conditions, monitoring temperature-sensitive goods to retain the integrity and quality of perishable food items, medications, and chemicals.