When a company is interested in doing business with another company — or perhaps is even merging with or acquiring that company — it will want to perform a customer due diligence. This means having a close look at how the target company books its revenues. This will normally include a closer look at the…
The earnings report enables publicly traded companies to report their financial results during a specific period, usually a quarter or a year. Investors lean on earnings reports to better understand a company’s financial performance. Companies also use earnings reports to not only present financials but also provide investors with explanations about operations, new products…
In an M&A transaction, a hostile takeover is the means by which a company wishing to acquire a target company seeks the approval of the target company’s shareholders, either by making a tender offer or through a proxy vote. While a tender offer or a proxy vote might sound permissible, it is not: The…
Firms undergoing a merger or acquisition or seeking capital from private investors should be ready for an operational due diligence (ODD) review. Most commonly used in financial firms, particularly by hedge funds and other investment firms, and in industrial M&A deals, an ODD can also benefit retail organizations and any business. There are many…
Zip files are a fast and easy option when you want to protect files from being accessed by casual users. While the technology behind them is quite old, and they don’t have the security required to protect extremely sensitive information, they’re great for compressing and sharing large amounts of data in easy-to-transport folders. The…
Anyone who takes the time to create a PDF file usually wants the contents to be protected to some extent. If you didn’t care about anyone tampering with the document, you would simply share the Word document or Excel spreadsheet. Unfortunately, today changing the contents of a PDF is something anyone can do using Microsoft…
Capital calls are an essential instrument of private equity, and occur with regularity between investment firms and their limited partners. In essence, they are mobilizations of capital prompted by the firm and funded by the investors. Historically, they have been used primarily by real estate funds, but they are becoming more commonplace across all types…
by David Weedmark For years, VDRs have been the standard for mergers and acquisitions. The same qualities that make them ideal for organizing, accessing and sharing information in a secure and confidential manner during M&As have also made them ideal for investment banks to manage their own information and banking transactions. Why Banks Use…
The practice of combining (or merging) two different companies certainly sounds easy enough in theory; however, in virtually every instance there is much more to the transaction than is visible on the surface. Every occurrence of a merger and acquisition (commonly abbreviated as M&A) has its own unique nuances, and their success depends on a…
The ability to safely and securely integrate video conferencing into your Virtual Data Room (VDR) is paramount. Because using a VDR obviously indicates that your organization has highly sensitive data to protect (such as in an M&A), the video conferencing solution you choose to use alongside it must have the same robust security requirements. …