The spirits industry is a mature, fragmented industry with economies of scale, which is a recipe for consolidation. Large spirits companies have been acquisitive in the tequila segment, particularly ...

Multi-tiered entities (MTEs) offer businesses a sophisticated organizational structure with multiple layers of ownership and control. But the complex ownership structures and intercompany ...

One question that team members at my company, a boutique investment bank that provides merger-and-acquisition and capital-advisory services, have been fielding lately from both current and prospective ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

President Trump's potential easing of auto tariffs lifted the broader auto segment, but Porsche's disappointing Q1 results led us to maintain a sell rating. Key reasons for our negative outlook ...

What Is Family Business Valuation? Family business valuation refers to the process of determining the economic value of a business owned and operated by family members. This value is critical for ...

TimesMachine is an exclusive benefit for home delivery and digital subscribers. About the Archive This is a digitized version of an article from The Times’s print archive, before the start of online ...