Wed.May 29, 2024

article thumbnail

Season-end Summary of Challenges under Rule 14a-8

Harvard Corporate Governance

Posted by Neil McCarthy, G. Michael Weiksner, James Palmiter, DragonGC, on Wednesday, May 29, 2024 Editor's Note: Neil McCarthy is Co-Founder and Chief Product Officer, G. Michael Weiksner is Co-Founder and Chief Technical Officer, and James Palmiter is CEO and Co-Founder at DragonGC. This post is based on a DragonGC memorandum by Mr. McCarthy, Mr. Weiksner, Mr.

170
170
article thumbnail

Lim Hwee Hua Appointed Chair of the IVSC Board of Trustees

IVSC

Former Singapore Government Minister and Deputy Speaker of the Singapore Parliament, Mrs Hwee Hua Lim, becomes the first Asian and female Chair of The IVSC. London, [Thursday 30 May, 2024] – The International Valuation Standards Council (IVSC) is pleased to announce the appointment of Mrs. Lim Hwee Hua as Chair of the IVSC Board of Trustees, effective June 2024.

Finance 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Ethical Investments

Harvard Corporate Governance

Posted by Yifat Naftali Ben Zion (Harvard Law School), on Wednesday, May 29, 2024 Editor's Note: Yifat Naftali Ben Zion is a Fellow at Harvard Law School’s Program on Corporate Governance and an Assistant Professor at Tel Aviv University Faculty of Law (as of July 2024). This post is based on her recent working paper. In recent years, significant developments have occurred in the market for socially responsible investing, also known as ESG (environmental, social, and governance) investments.

Equity 122
article thumbnail

Now boarding: Faces, places, and trends shaping tourism in 2024

Mckinsey and Company

Global travel is back and buzzing. More regional trips, newly emerging travelers, and a fresh set of destinations are powering steady spending.

122
122
article thumbnail

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.

article thumbnail

ConocoPhillips Acquires Marathon Oil In All-Stock Deal At 14.7% Premium: Details

Benzinga

Marathon Oil Corporation (NYSE: MRO ) and ConocoPhillips (NYSE: COP ) stocks are moving in opposite directions on Wednesday after they disclosed a definitive deal in which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion. As per the agreement, Marathon Oil shareholders will receive 0.2550 ConocoPhillips shares for each share of Marathon Oil they hold.

article thumbnail

Six trends shaping new business models in tourism and hospitality

Mckinsey and Company

Tourism and hospitality companies have transformed over the past decade. Here’s a look at trends related to accommodations and experiences.

105
105

More Trending

article thumbnail

The way we travel now

Mckinsey and Company

A survey of travelers reveals disparate desires, generational divides, and a newly emerging set of traveler archetypes.

120
120
article thumbnail

ConocoPhillips to Acquire Marathon Oil in $22.5 Billion Deal

NYT M&A

The takeover is the latest in a wave of consolidation sweeping the oil industry, with the biggest players rushing to acquire smaller rivals.

article thumbnail

Are You Owed a Piece of a $5.5 Billion Settlement?

Redpath

If you or your business accepted Visa or Mastercard credit cards as payment between January 1, 2004 and January 25, 2019, you may be entitled to a share of a $5.5 billion settlement.

96
article thumbnail

Bankrupt EV Charger Co. Execs Hid Liquidity Woes, Suit Says

Law 360 M&A

Three current and former executives of bankrupt electric-vehicle charging infrastructure company Charge Enterprises Inc. face an investor's proposed class action claiming the executives concealed a liquidity crisis involving the company's founder and his investment advisory firm that allegedly precipitated Charge's bankruptcy.

93
article thumbnail

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

article thumbnail

Comment on Unresolved Complaints Filed with HUD by Kenneth Mullinix

Appraisers Blog

TLD- you are absolutely correct. The mortgage meltdown was the start and now this. They do not want us in the loop you kill one deal (supposedly) and you are the monster. I saw this coming all the way. There will be another financial crisis and it is coming soon with no appraisers to stop this from coming. I have been through two not one but two racial investigation from the government.

article thumbnail

Updating perceptions about today’s luxury traveler

Mckinsey and Company

Some widely held notions about luxury travelers—such as how much money they have or how old they are—could be due for reexamination.

92
article thumbnail

ConocoPhillips to Buy Marathon Oil as M.&A. Frenzy Continues

NYT M&A

ConocoPhillips has agreed to buy Marathon Oil for $22.5 billion, as consolidation in the U.S. energy sector shows little sign of slowing down.

article thumbnail

Author Talks: How scientific thinking can help us tackle our toughest societal problems

Mckinsey and Company

To address the critical challenges of the moment, Saul Perlmutter and Rob MacCoun argue in favor of disagreement that elevates our thinking—and isn’t a blood sport.

74
article thumbnail

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.

article thumbnail

Comment on Unresolved Complaints Filed with HUD by TLD

Appraisers Blog

In reply to Kenneth Mullinix. Not to be a pessimist but I’m afraid that will probably never happen. A lawsuit suit of that magnitude is a losing proposition for any lawyer. While it makes a good story line for Hollywood, in reality it’s a loser. Firstly, it’s the US government who has unlimited resources and would drive any law firm into bankruptcy.

73
article thumbnail

Destination readiness: Preparing for the tourist flows of tomorrow

Mckinsey and Company

As global tourism grows, it’s crucial for destinations to be ready. How can the tourism ecosystem prepare to host unprecedented volumes of visitors—while also managing the challenges?

78
article thumbnail

Comment on Unresolved Complaints Filed with HUD by Baggins

Appraisers Blog

In reply to Kenneth Mullinix. Other important evidence gathering would include the FHFA’s monthly progress reports regarding conservatorship of the GSE’s. Alongside their stated guidance demands which the progress reports are based upon. FHFA requires GSE’s to submit more appraisal service complaints, and conditions executives compensation packages on their continued reporting of appraisers and removal or diminishment of appraisers from the standard lending process.

article thumbnail

AI Update: Slowing Down AI—The Internet Is Too Small

BVR

Is the AI gold rush slowing down?

113
113
article thumbnail

BHP seeks extension to talks on move to take over mining rival Anglo American

The Guardian M&A

Australian company puts forward ‘socioeconomic measures’ in attempt to ease concerns over bid Business live – latest updates The mining company BHP has urged its takeover target, Anglo American, to extend its deadline as talks continue between the two rivals. The companies have been in discussions over a deal worth almost £39bn since Anglo rejected it a week ago amid efforts to come to an agreement on the structure for a potential takeover.

65
article thumbnail

A To-Do List for Evaluating Acquisition Offers

Auto Dealer Valuation Insights

In last week’s post, we explored how to respond to unsolicited acquisition offers. This week, we share a to-do list to help prepare for such offers if and when they come. Do you know what your family members think about a potential sale of the business? Would they be aghast at the thought of selling the fruit of great-grandfather’s labors?

59
article thumbnail

Project Finance vs. Corporate Finance: Careers, Recruiting, Financial Modeling, and More

Brian DeChesare

With the craze over renewable energy and infrastructure over the past few years, we’ve received more and more questions about Project Finance vs. Corporate Finance. This article will focus on careers and recruiting , while the accompanying YouTube video will discuss the technical/modeling aspects in more detail. And yes, coincidentally, we have a new Project Finance & Infrastructure Modeling course.

article thumbnail

Why Is Medical Coating Specialist Surmodics Trading Higher On Wednesday?

Benzinga

Private equity firm GTCR agreed to acquire medical device coating company Surmodics Inc (NASDAQ: SRDX ) for approximately $627 million , or $43 per share. The per-share acquisition price represents a 41.1% premium to Surmodics’ 30-trading day volume-weighted average closing price through May 28. Surmodics’ board unanimously approved the cash deal.

article thumbnail

Comment on Unresolved Complaints Filed with HUD by ERIC S BUONOMO

Appraisers Blog

The "unresolved complaints" filed with HUD may not be as clear-cut cases of discrimination as they are being portrayed.

64
article thumbnail

Merck Reportedly Nearing $1.3B Acquisition Of EyeBio To Expand Eye-Care Market Presence

Benzinga

Merck & Co., Inc. (NYSE: MRK ) is reportedly on the verge of acquiring EyeBio , an eye drug company, for a sum of $1.3 billion. This acquisition is expected to significantly expand Merck’s presence in the rapidly growing eye-care market. What Happened : The deal, which could be announced as early as Wednesday, will see Merck pay $1.3 billion in cash upfront to acquire EyeBio, a privately held biotech firm.

article thumbnail

Forescout Investors Win Class Cert. Over Tanked Sale

Law 360 M&A

A California federal judge agreed to certify a class of shareholders of cybersecurity company Forescout who allege the company deceived investors ahead of a sale that ultimately fell apart, marking the latest win for plaintiffs who previously saw the case dismissed with prejudice three years ago.

52
article thumbnail

Comment on National Real Estate Information Services (NREIS) Closing by Ori Ace

Appraisers Blog

Hello, Would you know, how a regular person can request a Lien release from a closed company like NREIS? I just recently found out they never filed the paid in full lien release after an old refi closing. Chase is not being helpful. This never came up before and I have refinance twice since with other lenders.

52
article thumbnail

Handbag Cos. Seek FTC In-House Delay For Fed. Court Row

Law 360 M&A

Tapestry and Capri are asking the Federal Trade Commission to delay an in-house challenge to the planned $8.5 billion merger combining the parent companies of Coach and Michael Kors, arguing the FTC's separate request for a preliminary injunction in New York federal court should take precedence.

52
article thumbnail

Time Runs Out For BHP Deal: $49-Billion Acquisition Of Anglo American Proves Too Complex To Solve

Benzinga

After over five weeks of intense discussions, global miner BHP (NYSE: BHP ) couldn’t reach an agreement to acquire Anglo American (OTCQX: AAUKF ). The Australian company failed to secure an extension for one of the largest deals in the mining sector's recent past. The company had already been granted a one-week extension from the initial May 22 deadline, yet Anglo American’s board remained unconvinced by the three bids presented, the latest of which was a $49.2-billion all-share

article thumbnail

TikTok Ban Gets Expedited Sept. Hearing Date At DC Circ.

Law 360 M&A

The D.C. Circuit on Tuesday agreed to expedite the briefing schedule for a constitutional challenge against a federal law banning TikTok from the United States unless it severs its ties with its Chinese parent company, ByteDance Ltd., with oral arguments set to be heard this fall.

52
article thumbnail

Tellurian Eyes Debt Reduction, Divests Integrated Upstream Assets To Aethon

Benzinga

Tellurian Inc. (NYSE: TELL ) disclosed a deal for Aethon Energy Management to acquire the company’s integrated upstream assets for $260 million, alongside a Heads of Agreement for Aethon to purchase two million tons per annum (mtpa) of liquified natural gas (LNG) from its Driftwood LNG plant. The deal will expand Aethon’s footprint in the Louisiana Haynesville and Bossier shale basins with around 31,000 net acres, including gathering and treating systems with capacity for.

Equity 52
article thumbnail

Microsoft's Post-Merger Layoffs Cited In I-Told-You-So Appeal

Law 360 M&A

A private group of gamers is pointing to Microsoft's recent layoffs of 1,900 Activision and XBox employees as evidence of market harms stemming from Microsoft Corp.'s acquisition of Activision Blizzard Inc., as the group seeks to revive a private antitrust suit challenging the merger in the Ninth Circuit.

article thumbnail

What are the different types of financial statement services?

LaPorte

The term "audit" gets used liberally when businesses need to provide financial statements to outside parties, but an audit may not actually be what many businesses need to meet their financial requirements. The post What are the different types of financial statement services? first appeared on LaPorte.

52
article thumbnail

Celadon Execs Seek Toss Of TA Dispatch Chancery Suit

Law 360 M&A

Former executives of now-defunct Celadon Group Inc. who sold its business assets a few months before the transport and logistics company went bankrupt told Delaware's Court of Chancery on Wednesday that a lawsuit from the disgruntled Alabama buyer should be dismissed because it lacks specifics and rehashes already-settled claims.

52
article thumbnail

Business Valuation for Selling a Medical Supply Business

Peak Business Valuation

Are you considering selling a medical supply business ? The market for these businesses presents numerous opportunities for sellers. Selling a medical supply business can be a strategic move for various reasons. You may want to pursue other ventures, retire, or capitalize on market demand. If you want to sell a medical supply business, it is important to understand its fair value.