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Interim Guidance on Stock Buyback Excise Tax Confirms Broad Application to M&A and Capital Market Transactions

Cooley M&A

The Inflation Reduction Act imposes a 1% excise tax on certain repurchases of stock of publicly traded US corporations (“Covered Corporations”) effected after December 31, 2022 (the “Excise Tax”). [1] The Notice does not extend the netting rule to deSPAC transactions where target shareholders do not receive SPAC stock (e.g.,

M&A 52
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Will There Be an IPO for a Specialty Consulting Company in 2024?

Focus Investment Banking

stock markets are at or near their all-time highs. The S&P 500 has recently traded near 4800, close to its record at the end of 2021. In that environment, very few firms sought IPOs, and there was a major slowdown in overall exits, whether private or public. But those companies have been public for more than 20 years.

IPO 52
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Why Take-Private Dealmaking Remains Attractive for PE Investors

OfficeHours

The shares of the company are bought out and delisted from the public stock exchange that the company trades on. First, private equity identifies the publicly traded company they believe is undervalued or could perform better as a private entity without the pressures of being a public entity (e.g.

Investors 100
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10-23-2023 Newsletter: Why Take-Private Dealmaking Remains Attractive for PE Investors

OfficeHours

The shares of the company are bought out and delisted from the public stock exchange that the company trades on. First, private equity identifies the publicly traded company they believe is undervalued or could perform better as a private entity without the pressures of being a public entity (e.g.

Investors 130
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Upgrade acquires travel-focused BNPL startup Uplift for a song

TechCrunch: M&A

Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. Klarna , once Europe’s most valuable VC-backed company, suffered an 85% valuation cut, from $45.6 billion to just $6.7

Finance 207
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M&A Blog #14 – valuation (roles, types, equity & enterprise values)

Francine Way

Do they have the cash of debt/equity capacity to bid aggressively? Employee Stock Ownership Plan (ESOP): ESOPs are programs that allow employees to become partial owners of firms, typically through equity shares as a part of compensation. It is calculated as the Equity Value plus Net Debt plus Preferred Stock plus Minority Interest.

Valuation 130
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Methods and Examples on How to Value a Company

Lake Country Advisors

Market Capitalization Market capitalization is one of the simplest and most commonly used methods for valuing a publicly traded company. This metric provides a quick snapshot of a company’s total equity value as perceived by the stock market. First, identify a group of similar publicly traded technology companies.