Harvard Corporate Governance

FEBRUARY 23, 2024

Posted by Justin Danhof, Strive Asset Management, on Friday, February 23, 2024 Editor's Note: Justin Danhof is Executive Vice President, Head of Corporate Governance at Strive Asset Management. This post was prepared for the Forum by Mr. Danhof. Related research from the Program on Corporate Governance includes The Perils and Questionable Promise of ESG-Based Compensation (discussed on the Forum here ) by Lucian A.

Equity 153

Equity 153

BVR

FEBRUARY 23, 2024

Getting accurate cost of equity and WACC estimates and CRSP size premia can be a big job. However, thanks to Cost of Capital Professional, developing your cost of equity estimates has gotten so much more streamlined. Let's take a look at some of the most beneficial features of this cost-effective and easy-to-use platform.

Equity 113

Equity 113

Harvard Corporate Governance

FEBRUARY 23, 2024

Posted by Nichol Garzon-Mitchell, Glass, Lewis & Co, on Friday, February 23, 2024 Editor's Note: Nichol Garzon-Mitchell is Chief Legal Officer and Senior Vice President of Corporate Development at Glass, Lewis & Co. This post was prepared for the Forum by Ms. Garzon-Mitchell. As this year’s U.S. proxy season gets underway, attention turns, as always, to the proxy contests and shareholder proposals that will draw business press headlines over the coming months.

145

145

Mckinsey and Company

FEBRUARY 23, 2024

Rising energy costs, growing consumption, and the need to meet decarbonization goals are pressuring telcos to lower costs and to use electricity more efficiently.

134

134

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

FEBRUARY 23, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, February 23, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of February 16-22, 2024 Approaching Shareholder Engagement in 2024 Posted by Doug Schnell, Sebastian Alsheimer and Daniyal Iqbal, Wilson Sonsini Goodrich & Rosati, on Friday, February 16, 2024 Tags: 2024 , Board composition , Director , Shareholder activism , shareholder engagement , Shareholders , V

Equity 100

Equity Compliance Finance 100

Mckinsey and Company

FEBRUARY 23, 2024

With advances in AI, telecom operators can better understand individual customers’ network experience, enabling ROI-maximizing capital allocation, higher reliability, and better commercial outcomes.

128

128

Auto Dealer Valuation Insights

FEBRUARY 23, 2024

In October 2023, the Railroad Commission of Texas (the “RRC,” or the “Commission”) announced that for the first time in nearly 40 years, 16 Texas Administrative Code (TAC) §3.8 (relating to Water Protection), also known as Statewide Rule 8 (“Rule 8”), would undergo a significant overhaul.

98

98

Mckinsey and Company

FEBRUARY 23, 2024

Are you making the right things effortless and the wrong things hard? To remove friction in your organization, you may want to start thinking like a friction fixer.

108

108

Law 360 M&A

FEBRUARY 23, 2024

Kirkland & Ellis LLP has added a corporate partner in its insurance transactions and regulatory and financial institutions practice groups, bringing on a former Sidley Austin LLP attorney who said he "couldn't be more excited" to join the firm's Chicago office.

90

90

Mckinsey and Company

FEBRUARY 23, 2024

Four tactics can improve telecom companies’ returns on fiber rollouts, helping to connect more of the millions of people who remain without high-speed access.

Technology 123

Technology 123

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

Machen McChesney

FEBRUARY 23, 2024

The Department of Labor's final rule for employee or independent contractor classification under the Fair Labor Standards Act rescinds the 2021 Independent Contractor Rule, replacing it with guidance on analysis that's more consistent with the FLSA as interpreted by longstanding judicial precedent and was scheduled to take effect March 11, 2024.

77

77

Benchmark Report

FEBRUARY 23, 2024

Benchmark International has successfully facilitated the transaction between B.L. Family Practice, P.A. (B.L. Family Practice), and Med First Primary & Urgent Care (Med First), a leading healthcare provider based in North Carolina.

64

64

Appraisers Blog

FEBRUARY 23, 2024

In reply to Mary T Thompson. Yea, calling out will not happen given it had a predetermined outcome for the sake of sensationalism and ratings. This is nothing more than an opinion piece and not credible investigative reporting. The department it is published through, something to the effect we are on your side, pretty much sums up the lack of objectivity.

59

59

Benzinga

FEBRUARY 23, 2024

Crown Castle Inc. (NYSE: CCI ) co-founder Ted Miller wants the telecommunications infrastructure company to fetch up to $15 billion by selling its fiber assets. To expedite the sale process, Miller is proposing to join the Crown Castle board of directors. However, Crown Castle’s board turned him — as well as his list of nominees — down after the interview process.

59

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

Sun Acquisitions

FEBRUARY 23, 2024

Financial transactions, whether buying a business , selling a property, or investing in a venture, can be complex and riddled with potential pitfalls. In these intricate financial landscapes, professional guidance becomes invaluable. Accountants, lawyers, and brokers are pivotal in helping buyers and sellers make informed decisions that safeguard their economic interests.

Fair Market Value 59

Fair Market Value Compliance Marketability 59

Appraisers Blog

FEBRUARY 23, 2024

In reply to Baggins. I disagree with you on your first paragraph and your last paragraph about the homeowner. They are conjectures because we do not know if this is true. If it is true that may affect the subject condition however; we do not know what reserves he has to maintain his property. He dd not say he was getting a loan “to keep his rental properties up to speed for maximal rental value and adequate maintenance expenditure” He stated he wanted to take advantage of the lower i

58

58

LaPorte

FEBRUARY 23, 2024

(authored by RSM US LLP) Rural health care providers must navigate rising labor and supply costs to remain operational. The post Post-pandemic tailwinds offer new opportunities in rural health care first appeared on LaPorte.

52

52

Appraisers Blog

FEBRUARY 23, 2024

What happened to the desire for “Affordable Housing”??? You can’t have it both ways can you? Everybody be happy until they get the bill for the mortgage payment, insurance, taxes etc.

58

58

LaPorte

FEBRUARY 23, 2024

(authored by RSM US LLP) As margins struggle to rebound to pre-pandemic levels, strategic partnerships are expected to rise in health care this year. The post Beyond M&A: Hospitals turn to joint ventures for growth, patient focus first appeared on LaPorte.

52

52

Law 360 M&A

FEBRUARY 23, 2024

Hedge funds with shares of Momentive Performance Materials Inc. that withdrew from a consolidated class lawsuit over the silicone maker's $3.1 billion sale in 2019 urged Delaware's Court of Chancery on Friday to carve them out of a proposed $19 million class settlement, accusing their former co-lead counsel of grabbing their "cake.

52

52

ThomsonReuters

FEBRUARY 23, 2024

Jump to: Why is it important to be proactive toward sales tax audits? How can my company prepare for a potential sales tax audit? How can tax technology help when defending an audit? When and how should tax systems be upgraded? Sales tax audits are laborious, complex, data-intensive events that almost all companies must endure at some point. By the time an audit is triggered , however, it is too late to change the outcome in any meaningful way because the transactions and events under audit have

Start-ups 52

Start-ups Technology Compliance 52

Law 360 M&A

FEBRUARY 23, 2024

A proposed class of former Citrix Systems Inc. stockholders accused the company's former CEO and chairman Robert M. Calderoni of failing to get enough for stockholders for the $16.5 billion sale of the cloud software company to Vista Equity Partners Management LLC and Elliott Investment Management LP affiliate Evergreen Coast Capital Corp.

Equity 52

Equity 52

Auto Dealer Valuation Insights

FEBRUARY 23, 2024

One of my favorite pastimes is attempting to explain abstract thoughts and experiences through the lens of a Seinfeld episode. This week, two episodes came immediately to mind: The Soup Nazi and The Mango.

52

52

Law 360 M&A

FEBRUARY 23, 2024

Bankrupt cryptocurrency exchange FTX Trading Ltd. has asked a Delaware court to approve a plan to resolve a $323.5 million clawback action aimed at the co-founders of its European unit by selling the subsidiary back to the executives for $32.7 million.

52

52

ISA

FEBRUARY 23, 2024

2/23/2024 12:00:00 AM This year's categories: ISA Leadership Achievement Award - Advancing ISA Honoring an individual under whose professional direction has made a significant positive impact on ISA, by advancing the organization’s programming, membership, by forging new alliances that have had measurable and positive impact on our organization.

Appraisal 52

Appraisal 52

Law 360 M&A

FEBRUARY 23, 2024

A subsidiary of Silver Star Properties REIT Inc. received approval Friday for its Chapter 11 reorganization plan that will channel its remaining property assets into a Delaware subsidiary free and clear of all creditor claims.

52

52

Chris Mercer

FEBRUARY 23, 2024

In Mercer’s Musings #2, we discussed the old and cold data on restricted stock transactions that have been misused by appraisers for decades. My conclusion is that the various restricted stock studies are inadequate to meet current business valuation standards and that they should not be used as a basis for “guessing” the magnitude of marketability discounts for illiquid interests of closely held businesses.

Marketability 52

Marketability Terminal Value Dividends Discounted Cash Flow 52

Law 360 M&A

FEBRUARY 23, 2024

Skadden-advised French advertising technology firm Criteo responded Friday to a call from activist investor Petrus Advisers to "evaluate all ownership options" and shake up its board, releasing a statement saying it is "carefully reviewing" Petrus' letter and hopes to "continue to engage constructively.

Technology 52

Technology 52

Benzinga

FEBRUARY 23, 2024

After zooming through the pandemic, Zoom Video Communications (NASDAQ: ZM ) stock declined by 15% over the past year, and 13.6% so far this year. The San Jose, California-based company now trades at forward P/E of 12.56 , at a discount to the sector median of 25.4. It is set to report fourth-quarter earnings on Feb. 26 (after market hours), with the Street expecting $1.15 in EPS and $1.11 billion in revenue.

Marketability 52

Marketability 52

Law 360 M&A

FEBRUARY 23, 2024

Australia's Woodside Energy said Friday it will sell a 15.1% stake in its Scarborough gas project to Japan-based JERA at a $1.4 billion value, creating a partnership that will help boost the project's development while creating opportunities for further collaboration.

52

52

Peak Business Valuation

FEBRUARY 23, 2024

Businesses rely on HVAC equipment to create comfortable indoor spaces. You may be selling , buying , or seeking financing for a business with this equipment. To make informed business decisions, seek to understand the equipment’s financial value. A certified equipment appraisal calculates and reports this financial value. This article explains the steps for obtaining an HVAC equipment appraisal.

Appraisal 52

Appraisal Business Valuation Marketability Compliance 52

Law 360 M&A

FEBRUARY 23, 2024

Volvo Cars AB said on Friday that it will distribute 62.7% of its existing stake in Swedish electric vehicle manufacturer Polestar to its own shareholders, allowing it to concentrate resources on its own development.

52

52

Vested

FEBRUARY 23, 2024

Jules Roberston and Laura Beales co-founded Tally Workspace to make finding top-quality workspaces easier for businesses, whether they need a full-time, part-time or shared office, a meeting room or a couple of desks. We sat down with Jules to learn more.

52

52

Appraisers Blog

FEBRUARY 23, 2024

Irresponsible journalism is not reporting complete and accurate information. The media should accurately portray our profession.

61

61