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This month, the Frankford El turns 100.

Photo by Andrew Adams for Unsplash.

On the Lighter Side

Tomorrow is National Scrapple Day.

National Sandwich Day (November 3) may have been overshadowed by Game 5 of the World Series and the Eagles appearance on Thursday Night Football, but you can enjoy some of Philadelphia’s delicious offerings any time.

A Swiss gruyere was named the world’s best cheese for 2022.

Are the Commanders Looking for the Right Deal at the Right Price?

The possible sale of the Washington Commanders could be the most expensive NFL franchise sale yet; however, the owners may only be considering minority investors. A minority investor does not have control, which may limit the value of any shares purchased. Speculation about potential buyers, what kind of deal might be made, and when, may all prove to be more interesting than the team’s on-field play.

If you are considering a minority investment in a non-publicly traded company, the professionals at Asterion can assist you in determining its value and assessing the risk involved.

Class Action Round-up

Two recent lawsuits highlight the more serious side of class action filings. A claim by tenants that rent hikes are due to the use of an algorithm has prompted a request for an anti-trust review. Just a week after Twitter’s ownership changed hands, employees have filed a proposed class action. They allege that the company is moving forward with layoffs without providing 60 days’ notice as required under the WARN Act. It is too soon to tell whether and how the possible call back of some workers will impact the proposed class. 

If you need financial consulting advice in a class action, contact Asterion.

FYI

Every EV owner needs a map of charging stations. This one is interactive.

The Pew Charitable Trusts recently issued a report on the debt collection process in Philadelphia’s Municipal Court.

Trends We’re Watching

Simon Properties’ performance has been impacted by ownership of JC Penney.

What’s Puzzling Us

The newest Monopoly game has us wondering which product has more variations, Monopoly or Oreo?

What Doesn’t Surprise Us At All

Some of the money moving through youth sports seems to disappear on a regular basis.

Cranberries are no longer the top crop in Massachusetts.

A newly revealed shipwreck site opened to the public, and people began to steal from it.

There’s a New Jersey connection to the national catalytic convertor theft ring just busted.

Thread Recommendations

Here are this year’s award-winning photographs from mangrove forests.

These are the top travel destinations for 2023.

Winter has returned to Dilworth Park.

Watch List

Webcams in and around Churchill, Manitoba allow viewers to watch for polar bears to gather and wait for tundra ice to form.

Audio Files

BBC Radio 1 and 2 released a list of 70 years of top songs. Is your favorite on the list?

Spotlight on Valuation

Asterion, Inc. has extensive experience in the provision of valuation consulting services. Our professionals assist clients to establish the value of a business or asset in a variety of challenging situations, including mergers and acquisitions, financial reporting, restructuring and regulatory compliance. Members of our team have advanced degrees in business and finance and possess numerous business valuation credentials, including Accredited Senior Appraiser, Certified Public Accountant, Accredited in Business Valuation, Certified Valuation Analyst, Certified in Distressed Business Valuation and Certified Licensing Professional.

November 8, 2022