New Jersey oysters are having a moment.
Photo by Ben Stern on Unsplash.
On the Lighter Side
August is National Sandwich Month. Philadelphia has you covered, whether you want to start your day with a sandwich, or wait until later.
A bracket championship of the best regional foods in the U.S was held earlier this month and the results are in. Unsurprisingly, the winner is a Philadelphia cheesesteak, although the ingredients might raise a few eyebrows.
The Paris Olympics may be over, but you can still enjoy several versions of the “secret recipe” chocolate muffin so many of the athletes raved about.
The Effects of Valuations Can Be Significant
Valuations are essential in determining the financial implications of what you gain or give up in a deal. Last week, the founders of FanDuel refiled their New York action against KKR and Shamrock. Among the allegations is a claim that the plaintiffs’ equity loss was due, at least in part, to an incorrect valuation.
Choosing a skilled valuation professional to assist you is crucial. Asterion can help.
FYI
Reporting on new data breaches is emerging. It appears that National Public Data, a company that does background checks, was hacked. An enormouse amount of personal information was exposed, including social security numbers. Meanwhile, from the irony files: ADT says it has been hacked.
Trends We’re Watching
Steamfitters Local 449 Pension Fund has filed suit in Delaware Chancery Court against KKR, alleging that a 2021 payout to founders had no financial benefit to the pension and was a breach of fiduciary duty.
What’s Puzzling Us
Apparently, dogs need expensive perfume now.
A 16-foot tall pigeon statue is coming to the Highline in New York City this fall.
What Doesn’t Surprise Us At All
A foal with a healthy gut is more likely to become a healthy racehorse.
Thread Recommendations
Where did the Vikings build their ships? Archaeologists think they have the answer.
Two specimens of a rare horse breed, misidentified as mules, were rescued recently.
Watch List
It’s been 25 years since The Sixth Sense was released.
The Northern Lights were filmed from the ISS.
Asterion Out & About
Asterion Managing Director Gregory Harris is attending the Commercial Receivers Annual Conference, August 18-21, 2024 at the Eau Palm Beach Resort and Spa, Manalapan, FL.
Spotlight on ValuationAsterion, Inc. has extensive experience in providing 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 Analysts, Certified in Distressed Business Valuation and Certified Licensing Professional.