Cooley M&A

MARCH 1, 2019

Exiting an investment is an inherently uncertain process. Even for a thriving business with a viable equity story, committed stakeholders and the right advisers, the final deal terms and valuation are typically guided by factors beyond a company’s control. These include prevailing market sentiment, current appetite for acquisitions in a particular sector and the political and economic environment, all of which can change well within a given transaction timetable.

Equity 52

Equity Marketability Specific Risk Finance 52

Quantive

FEBRUARY 25, 2019

I had a chance to chat with Chris Snider of the Exit Planning Institute out in Cleveland to kick off Quantive’s new podcast series: “The Deal – Unscripted” We discussed exit planning as a whole, where the market is in regards to exit planning and what that means for CEPAs across the country. Check it: […].

Marketability 52

Marketability 52

Appraisal Rights

MARCH 1, 2019

2018 was an active year for South African appraisal, with new caselaw showing a greater maturity to the (relatively recent) appraisal remedy. We covered some developments before. African law firm Cliffe Dekker Hofmeyr (CDH) has written an extensive summary of South African appraisal law – often referred to as Section 164. CDH notes that (like in Delaware) in South Africa, appraisal rights are available for many major corporate acts; that the process for seeking appraisal is technical and formali

Appraisal 40

Appraisal 40

Appraisal Rights

FEBRUARY 25, 2019

Some appraisal actions can have a long tail. In 2015, Verizon agreed to buy AOL. Shortly thereafter, some AOL shareholders demanded appraisal. The case worked its way through the Delaware Court system – something we covered on a few occasions. Ultimately, petitioners were awarded 2.6% below merger price. We covered some commentary discussing the AOL case in the context of other cases, including Dell.

Appraisal 40

Appraisal 40

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