martin franklin has been on the network numerous times when he ran jardon a shareholder sued, not theand none of this is hyperbole, none of this is fiction this is all in the court record. what the court found was that the independent director was martin franklin's closest friend for 30 years, ceos pick the directors. now when it went to court, the court ruled on behalf of the company. the merger price was $59 a share. the court, the delaware court, said to the shareholder, we're punishing you for bringing this lawsuit. we're awarding you $47 a share and then you know what they did? the judge imputed an average merger price to martin franklin and the ceo and the president averaging $74 a share. why did he do that because the deal closed in 2016. there were options, rsas, restricted stock awards that were coming due 2017/2018. and in those rsas was another $180 million to martin franklin and $72 million to each of those two other individuals. what the court found is that the board did not even go through those employment agreements and, in fact, it was likely martin franklin and his tw

the api co-chair martin franklin joins us alongside deals reporter ed hammond. thank you for joining us. rick to see you at the new york stock exchange. why this business, why right now? >> this is a transformative deal for us. it is a perfect fit. it does exactly what we do united states, in our fire, safety, security business. we are the largest in the u.s. in that business. this is the largest player in europe, a variety of other markets like australia, hong kong. it really is a marriage of two leaders in their respective markets doing the same thing. it will enable us to have a lot of scale opportunities, synergies, go to market strategies. we are very excited about it. it is something that we had planned on doing to grow the business since we made the acquisition some time ago of api. this is the next step in our evolution. ed: the business has lower margins than the existing business. can you close the spread between the two, how accretive is it even without improving those margins? martin: we have said on the call earlier today, a little over 25% accretiv

matt: that was martin franklin speaking to it yesterday.s not the only one warning about these transactions. he has been for a while. there have been numerous people saying that the flood of new back -- new spacs creates questionable disclosures. the appetite to go public is still strong. 250 ipo's have been priced in 2021. that's up more than 190%. kathleen smith is with us, the founding principle of renaissance capital to talk about this red-hot market. it looks like you guys have a ton of deals on your docket. in my right in reading that you have 18 to go over? kathleen: we have been at record levels of ipo pricing read this is something we have not seen in history area we are beyond what we saw in the internet bubble, we are out almost 100 billion now. matt: does that were you? kathleen: the best time is when investors are nervous about deals. we see these deals flying off the shelf. we want to see a proper amount of three on the part of investors -- of worry on the part of investors. too many deals are getting done at very high prices,

martin franklin down because it'll tell you a quick agenda that i don't know, but you get a fail in vs. i want to print out the letter that i built by that somebody fill up a bill, but i got some i don't know what i meant to, but if you that up or in my up, it'll never been. i meant and i can say, mommy, let me know what i can tell you for can can the sound of how you stand on the sun roof is how on the feel the people have what i say, but also i had a lot of smaller emphasis on you know, not just body has been the in the like until, you know, i mean like i said earlier, how to train them interested in the, in the when i our local market alone, this was the entities hung up. we can talk to you about this idea. so, you know is with us with us and it's not, it is how good was you and when it's close, eunice is, i'll go get on the way i want. and we want to tell me which i don't know when you can remember, we're going to tell you about it. come on here. listening to him and tell him what your hope pays for nothing that i can see all the time and look content besides could i could not mont

. >> martin franklin is no longer involved bought his company >> can i go back to charlie scharf >> you'rere. >> i'm trying to cover every single company in the s&p 500. >> now we're looking at semiconductors just try to keep up a little bit here. >> now let's go back to wells fargo. go ahead. >> i think that wells fargo has gone from being the most hated to being the most amorous. >> really? >> yeahment. >> why >> because everyone knows in the end charlie scharf gets his man. first time i saw him he basically called me an idiot the second time he called me an idiot. the third time my wife was there. >> when i met charlie, he couldn't have been nicer said i'm one of the smartest guys he knows. in really? >> that's not true >> for a second there. >> we did have a good time >> i love him. he's not a huge dog. he's got one of the big -- i am pro-dog. he has the biggest dog i have ever seen. charlie and amy. nice people, but charlie instantly did explain to me how i didn't know anything it's kind of the first thing he said to me. >> he's been in that job for a while. there were a lot of challe

in a single week you saw diane warwick, aretha franklin, martin luther king, bobby kennedy nitze russell diahann carroll lena horne and bill cosby. carson created an astonishing moment where african-americans could hearst forward into a cultural identity of their own and created an astonishing moment of opening white america's eyes to black culture and black politics on the show and on a timeslot that was generally treated as a lighthearted prelude. it seems to me only carson had the wisdom to appreciate how important that week was and the modesty to understand that he should be hosting the show when this message was being provided. years later whoopi goldberg used that programming is one of the key wake-up calls for white america. what she said on that show were we are here, where americans and we are part of this country. we aren't going anywhere. for those interested in the suite is an nbc documentary that i would recommend. now carson didn't stop there. in 1968 was about to get much worse. carson adjusted his programming in response to the tragic developments. martin luther king was

the washington dc tidal basin to see the cherry blossoms memorials to thomas jefferson franklin d roosevelt and martin luther king jr. stand on its banks the tidal basin started as an engineering project but is also served as a swimming hole a prote stthe tidal basin started as an engineering project, but also served as a swimming hole. protest grounds. and scene of a political spat scandal. memorial parks communication chief, mattis onsite to talk about the history and the famous japanese cherry trees. >> we are at the edge of the basin, home to the world famous cherry trees. they blossom every spring. well known to washingtonians, and people across the world. but as you've been here before 1890 or so, we would be in the middle of the potomac river. this area has evolved over the years, there's been an element of recreation, but with the passing of time recreation has become much more important than it was initially. as early as 1890, there was an established swimming area, around what we call today the tidal basin. with the planting of the cherry trees in 1912, that really created interest and touri

the washington dc tidal basin to see the cherry blossoms memorials to thomas jefferson franklin d roosevelt and martin luther king jr. stand on its banks the tidal basin started as an engineering project but is also served as a swimming hole a protest ground and the scene of a political scandal. mike litterst national mall and memorial parks communications chief met us on site to talk about the area's history and famous japanese cherry trees. we are at the end of the tidal basin in washington dc home to the world famous cherry trees which blossom every spring well known to washingtonians people across the country and in fact people across the world, but had you been here before about 1890 or so, we would be in the middle of the potomac river this area has evolved over the years. there's always been an element of recreation around the tidal basin but with the passing of time recreation has become much more important than it initially was now as early as 1890 there was an established swimming area around what we know today is the tidal basin with the planting of the cherry trees originally in 1912 that

thomas jefferson, john adams, franklin roosevelt or martin ben brown what you like to put tried yourore your answer? >> no. kennedy: you don't want to press your luck? >> well, i don't really know. kennedy: really? >> well text me a picture and then i will answer t the questi. >> she probably will. >> fdr? kennedy: oh my god, no. spike. all right. the last question. you are up against not neil patrick harris. jesus, jim. >> i'm already quitting, rights? i am in the lead. kennedy: yes. >> i'm a libertarian so i will press my luck. kennedy: who's the only president to serve as priest chief. justice of the supreme court? james buchanan, william herrick taft or ruth bader ginsburg? >> oh man, can you say them again? kennedy: franklin pierce, james buchanan, william howard taft or ruth bader ginsburg? >> owa man. i thought was cleveland. [laughter] is a taft? kennedy: yes, spike wins! congratulations! we are sending you some of the used hair trimmings from the greenroom. i don't know if you can walk from there but you're not getting paid. we are going to take money from your. great job, s

and they were also collecting other art of benjamin franklin, by benjamin martin. which is over the fireplaces she intended it to be. she moved mrs. van buren, just past the chandelier on the left. the green room, in the nixon administration. it was decided that, the furniture from mrs. kennedy's time, was not the strongest pieces with very high ceilings, and it was replaced with furniture made by the new york workshop of duncan five. that was about 1810. these wonderful chairs that you see in the upper right, she acquired a set of four of those. and they were perfect to be added to the collection. and also in contrast, that great five style in the upper right. and will chair in the lower left. but this is a curators delight. and you take the back panel of the upholstery, it was inscribe by the upholsterer. and this was five, october 1811. and most furniture does not that get that much curatorial information. so this is the third set of changes, since mrs. kennedy's time. the silk morey fabric, has survived each case. but it's been considered a key element of the r

me. joining me today is franklin graham, america's most prominent evangelical leader, also president of the martin's pass of the billy graham evangelistic association. thank you for joining me. what does it mean to be a spiritual lead to, to a president? what does that involve? well, you have to be very careful as to what you say and insert. i want to keep those conversations private. that's very important. i know your president and student present food and in this country, you know, says very difficult to forgive people that betray. and i think is right for clergyman where we can betray the confidence of president or someone that we're dealing with spiritually. and so my father was very careful and i tried to be careful to do you feel the burden of that responsibility or indeed sort of the power. you know when you're speaking your festival, he's got such an incredible reach. you know, there are 90 to 100000000 evangelicals for i think in the u. s. at the moment your father himself spoke. i think in total.

franklin was a printer. this is the only thing madison does, he is appalled from start to finish and he's creating a party. he's not that different from martin hanna or mitch mcconnell or lyndon johnson or franklin roosevelt and i'm trying to pick people across the spectrum. abraham lincoln is a party guy. he loves politics and creates a party and that is, madison is a paul, we have a judge in as a appalled and sometimes, this is what we are seeing today, kevin mccarthy versus lynn cheney or lindsey graham, do you go with what is in the short-term interest of the party to keep the base or do you say even if it goes against the party, there are certain core principles we have to abide by as a matter of conscience? that is the kind of thing you will not understand if especially madison, as up your theorist as opposed to a political actor. >> may be a hopeful note because on the one hand we are saying madison was a politician. on the other hand politicians can be like james madison. a terrific book, thank you, thank you louise mayer, thank you new york historical society. ♪♪

me the tory me today is franklin graham, america's most prominent, evangelical, you also, of course, president of the martin's pass out of the billy graham evangelistic association. thank you for joining me. what does it mean to be a spiritual lead to, to present and what does that involve? well, you have to be very careful as to what you say and insert. i want to keep those conversations private. that's very important. i know your president and the student present boot and in this country, you know, says very difficult to forgive people that betray and i think is right for clergyman where we can betray the confidence of president or someone that we're dealing with spiritually. and so my father was very careful and i tried to be careful to do you feel the burden of that responsibility or indeed sort of the power. you know, when you're speaking festival, if you've got such an incredible reach, you know, there are 90 to 100000000 evangelicals for i think in the u. s. at the moment your father himself spoke, i think in total 2 over 200000000 in 185 countries. i mean that is a huge responsibility. you have to be

i'll see you then me to me today is franklin graham, america's most prominent evangelical year. also course president of the martin's part of the billy graham evangelistic association. thank you for joining me. what does it mean to be a spiritual lead to, to present and what does that involve? well, you have to be very careful as to what you say and insert. i want to keep those conversations private. that's very important. i know your president and student present food and in this country, you know, says very difficult to forgive people that betray and i think his right thing for purge him and we can betray the confidence.

the washington dc tidal basin to see the cherry blossoms memorials to thomas jefferson franklin d roosevelt and martin luther king jr. stand on its banks the tidal basin started as an engineering project but is also served as a swimming hole a protest ground and the scene of a political scandal. mike litterst national mall and mo