Appraisers Blog

JANUARY 6, 2023

The appraisers are the convenient scapegoats every time. Anytime the real estate market takes a hit, 99% of the time it is because of banking and lending practices. The appraisers are the convenient scapegoats every time. During the 1980s it was the commercial side, yet residential appraisers received both barrels of double-odd buck. Then in 2008 again: stated income, 40 year loans, predatory lending (REFINANCING), NO money down (no skin in the game); people used their homes as a slot machine t

Appraisal 90

Appraisal Banking Marketability 90

Harvard Corporate Governance

JANUARY 3, 2023

Posted by Maria Castañón Moats, Paul DeNicola, and Matt DiGuiseppe, PricewaterhouseCoopers LLP, on Tuesday, January 3, 2023 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Matt DiGuiseppe is Managing Director at the Governance Insights Center at PricewaterhouseCoopers LLP. This post is based on their PwC memorandum.

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Viking Mergers

JANUARY 2, 2023

As a former college basketball coach and the CFO of a small business, Jackson Payne has always had a passion for helping others achieve their goals. This passion has led him to his current role as a Senior Advisor at Viking M&A in Greenville, SC, where he specializes in helping small business owners navigate the complex world of selling a business.

Business Valuation 130

Business Valuation Banking Finance Marketability 130

Mckinsey and Company

JANUARY 4, 2023

Although a fully immersive, interconnected metaverse remains years away, mobility stakeholders can already capture real business value from the technologies designed to enable it.

Technology 145

Technology Marketability 145

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

Benzinga

JANUARY 5, 2023

World Wrestling Entertainment, Inc (NYSE: WWE ) shares are gaining in the after-hours session on the news report that the company could be exploring a potential sale. The Wall Street Journal reported that former chief Vince McMahon, who retired after allegations of sexual misconduct, plans to return to the company. In July 2022, McMahon, the renowned promoter, who helped establish the careers of top stars such as Dwayne "The Rock" Johnson and John Cena , confirmed that he would officia

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Harvard Corporate Governance

JANUARY 4, 2023

Posted by Laura Sanderson, Sarah Galloway, Russell Reynolds Associates, on Wednesday, January 4, 2023 Editor's Note: Laura Sanderson co-leads the Board and CEO Advisory Partners in Europe and Sarah Galloway is co-head of the Global Sustainability Practice at Russell Reynolds Associates. This post is based on a Russell Reynolds Associates memorandum by Ms.

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Mckinsey and Company

JANUARY 5, 2023

Setting up a winning digital and advanced-analytics organization is hard. Decisions about talent and technology will often determine the transformation’s success.

Technology 143

Technology 143

NYT M&A

JANUARY 4, 2023

With the acquisition of the literary agency Fletcher & Company, UTA added hundreds of authors to its client roster. The deal comes amid consolidation in the entertainment industry.

Mergers & Acquisitions 98

Mergers & Acquisitions 98

Harvard Corporate Governance

JANUARY 5, 2023

Posted by John Rodi, KPMG LLP, on Thursday, January 5, 2023 Editor's Note: John Rodi is the leader of the KPMG Board Leadership Center (BLC). This post is based on his KPMG memorandum. Overview. On the heels of the pandemic, CEOs are now facing another turbulent period. Our latest CEO Outlook is being released amid a business environment marred by high inflation, geopolitical tensions and fears of a recession.

Technology 327

Technology 327

Rhythm Systems

JANUARY 5, 2023

Financial rewards are just the beginning of what keeps employees active in their job role. Another, more overlooked factor, is job satisfaction. Just like you want to be a part of the company and commit to the success of it, so too do the workers. But, you are also the main character in the story who can either band these individuals together or break them apart through engagement or lack thereof.

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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

Mckinsey and Company

JANUARY 6, 2023

Results from the 2022 McKinsey Global Industrial Robotics Survey reveal that industrial companies are set to spend heavily on robotics and automation. However, many will need help to complete the journey.

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130

Benzinga

JANUARY 5, 2023

ACI Worldwide Inc (NASDAQ: ACIW ) is reportedly discussing a potential sale with private equity firms. The payments-software provider said it is working with financial advisers as it fields takeover interest, Bloomberg reported. One of the people told Bloomberg there’s no certainty ACI will reach a deal given the. Full story available on Benzinga.com.

Equity 98

Equity Private Equity Firm 98

Harvard Corporate Governance

JANUARY 5, 2023

Posted by Melissa Sawyer, Lauren Boehmke and Susan Lindsay, Sullivan & Cromwell LLP, on Thursday, January 5, 2023 Editor's Note: Melissa Sawyer , Lauren Boehmke are partners and Susan M. Lindsay is counsel at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Ms. Sawyer, Ms. Boehmke, Ms. Lindsay, Rodge Cohen , and Marc Treviño.

Marketability 310

Marketability 310

Law 360 M&A

JANUARY 6, 2023

Connecticut-based investment firm Gridiron Capital LLC announced Thursday that it has completed its investment in Atlanta-based Esquire Deposition Solutions, which provides reporting, video and interpreting services for law firms and corporations.

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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

Mckinsey and Company

JANUARY 3, 2023

Proof of stake (PoS) is a consensus protocol in blockchains. It is a way to decide which user or users validate new blocks of transactions and earn a reward for doing so correctly.

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Benzinga

JANUARY 5, 2023

Benzinga. $465M Of Robinhood Stock Linked To Sam Bankman-Fried To Be Seized By Justice Department. The U.S. Department of Justice is working to seize $465 million worth of Robinhood Markets Inc (NASDAQ: HOOD ) shares associated with Sam Bankman-Fried , the founder of the collapsed FTX cryptocurrency exchange. The prosecutors are not considering the 56 million Robinhood shares to be a part of the bankruptcy estate, U.S.

Marketability 98

Marketability Technology 98

Harvard Corporate Governance

JANUARY 6, 2023

Posted by Pamela Marcogliese, Freshfields Bruckhaus Deringer LLP, on Friday, January 6, 2023 Editor's Note: Pamela Marcogliese is a Partner at Freshfields Bruckhaus Deringer LLP. This post is based on her Freshfields piece. Introduction. Against a backdrop of challenging macroeconomic forces, our 2023 annual letter to boards is one that emphasizes understanding and preparing for the additional hurdles that will compound and be compounded by these macroeconomic forces.

Banking 258

Banking Marketability 258

Avanade

JANUARY 2, 2023

Malcolm Barske, Avanade’s Security Lead for the UK & Ireland, explains why it’s never been more critical to build resilience and protect your organisation against cyber-attacks.

98

98

Mckinsey and Company

JANUARY 3, 2023

New technologies and regulations have made autonomous driving possible. In this changing landscape, the strategic roles of manufacturers may vary.

Technology 120

Technology 120

Audit Board

JANUARY 4, 2023

With cybercrime on the rise, the average cost of a data breach in the United States is $9.44M according to the 2022 IBM Cost of a Data Breach report , and it’s predicted that the global annual cost of cybercrime will reach $8 trillion in 2023. As attacks grow in frequency and severity, organizations cannot take a “business as usual” approach to IT risk.

Compliance 98

Compliance Technology 98

Harvard Corporate Governance

JANUARY 3, 2023

Posted by Shaun J. Mathew, Kirkland & Ellis LLP, on Tuesday, January 3, 2023 Editor's Note: Shaun J. Mathew is a partner at Kirkland & Ellis LLP. This post is based on a Kirkland & Ellis memorandum by Mr. Matthew, Sarkis Jebejian , Sophia Hudson and Christina Thomas. Key Takeaways: The SEC’s “shareholder proposal rule” was adopted to provide proponent shareholders access to management and fellow shareholders, but with limits to ensure that such access was not being misused or abused

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252

Benzinga

JANUARY 4, 2023

Goldman Sachs Group Inc (NYSE: GS ) seems to be bullish on the recovery of global mergers & acquisition deals in the second half of 2023 despite slow economic growth and a weak credit market. The projections come after global M&A activity fell almost one-third to $3.78 trillion in 2022 from a record $5.91 trillion in 2021, according to Dealogic data.

Banking 98

Banking Marketability 98

Mckinsey and Company

JANUARY 5, 2023

Growth in the availability and variety of real-world data, including nonhealth sources of data, opens up new opportunities, as well as challenges, in their application to real-world evidence and improving health outcomes.

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Brian DeChesare

JANUARY 4, 2023

Any discussion of the financial markets in 2022 needs to acknowledge one important fact upfront: it was the worst year for stocks and bonds since at least 1871. Just look at the handy chart the Financial Times put together to see the horrifically bad numbers: In January 2022, everything seemed quite frothy, with mega-deals happening left and right and crypto and equity prices still at high levels.

Marketability 98

Marketability Start-ups Treasury Dividends 98

Harvard Corporate Governance

JANUARY 2, 2023

Posted by Claudia H. Allen, David A. Brown, and Patrick A. Lee, KPMG LLP, on Monday, January 2, 2023 Editor's Note: David A. Brown is leader, Claudia H. Allen and Patrick A. Lee are senior advisors at KPMG LLP. This post is based on their KPMG memorandum. Crisis prevention and readiness. Crisis prevention and readiness have taken on greater urgency for management and boards as corporate crises—frequently self-inflicted— continue to make headlines.

Compliance 233

Compliance 233

Benzinga

JANUARY 3, 2023

Specialty building products distributor GMS Inc (NYSE: GMS ) has expanded its platform with its first entries in the New York City market. The company has acquired Tanner Bolt and Nut Inc. and opened a ceilings-focused greenfield location. The financial terms were not disclosed. Tanner Bolt and Nut Inc distributes. Full story available on Benzinga.com.

Marketability 98

Marketability 98

Mckinsey and Company

JANUARY 6, 2023

Underwriters can use granular trend-impact diagnostics on portfolios, recalibrated risk selection, and greater underwriting agility to adapt to the evolving and uncertain insurance market.

Marketability 106

Marketability 106

The Guardian M&A

JANUARY 4, 2023

Consortium spearheaded by Direct Line founder, Sir Peter Wood, have swooped for company A consortium spearheaded by Direct Line founder Sir Peter Wood has swooped for the funeral services company Dignity in the first UK takeover attempt of the year. A subsidiary of Valderrama – a joint venture between Wood’s investment firm SPWOne and investment house Castelnau Group – has made a possible offer for the London-listed company, whose board recommended the deal to shareholders.

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98

Harvard Corporate Governance

JANUARY 4, 2023

Posted by Philip Valta (University of Bern), on Wednesday, January 4, 2023 Editor's Note: Philip Valta is a Professor of Finance at University of Bern. This post is based on an article forthcoming in the Journal of Financial Economics by Professor Valta, Professor François Derrien , Professor Laurent Frésard , and Professor Victoria Slabik. Summary of the findings: We study whether M&A activity improves the informational efficiency of financial markets – i.e., the ability of asset prices to

Marketability 231

Marketability Finance 231

Benzinga

JANUARY 4, 2023

Tokyo Gas Co Ltd's (OTC: TKGSY ) (OTC: TKGSF ) unit is reportedly in advanced talks to buy Rockcliff Energy from Quantum Energy Partners for about $4.6 billion. The unit, TG Natural Resources , which is 70% owned by Tokyo Gas, is expected to announce the deal sometime this month, the sources told Reuters. Castleton. Full story available on Benzinga.com.

Equity 98

Equity Marketability 98

Mckinsey and Company

JANUARY 3, 2023

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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Biz Equity

JANUARY 5, 2023

If growth is a 2023 goal for your business owner clients, you can enhance the value you bring to those important relationships by helping them understand and implement different strategies for increasing their company’s valuation.

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Harvard Corporate Governance

JANUARY 6, 2023

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, January 6, 2023 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of December 30-January 5, 2023. SEC Press Release provides Compliance Checklist for Corporations. Posted by Anita B. Bandy, Raquel Fox, and Andrew Hanson, Skadden, Arps, Slate, Meagher & Flom LLP, on Friday, December 30, 2022.

Compliance 189

Compliance Marketability Technology 189

Benzinga

JANUARY 5, 2023

Atlas Global Brands Inc. (formerly Silver Phoenix Resources Inc.) successfully complet ed its business combination, pursuant to a reverse take-over transaction, with each of Atlas Biotechnologies Inc. , AgMedica Bioscience Inc. and Cambrosia Ltd. and the concurrent acquisition by Cambrosia of each of Tlalim Pappo Ltd. , Pharmacy Baron Ltd. , and R.J.

Marketability 98

Marketability 98