Anna L. Bell The authors‚ Dezember and Zimmerman (2012) report that almost six years after being purchased by private groups in 2006‚ Michaels Stores Inc. has plans to take the retailer public again. Currently owned by the private-equity firms Blackstone Group LP and Bain Capital LLC‚ Michaels no longer has equity securities listed on the New York Stock Exchange after going private. While private-equity firms have lately outperformed companies that have gone public‚ Dezember and Zimmerman (2012)
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COLEGIO DE SAN JUAN DE LETRAN CA SCHOOL OF BUSINESS MANAGEMENT AND ACCOUNTANCY AUDITING AND ASSURANCE SERVICES CASE ANALYSIS Case Name: Freescale Semiconductor‚ Inc Date: November 29‚ 2014 PART I. FACTS PART II. CASE PROBLEM AND SOLUTIONS 1. Identify the specific circumstances under which auditors are allowed to provide confidential client information to third parties. Under the Code of Ethics for Professional Accountants in the Philippines‚ Auditors
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BLACKSTONE AND THE SALE OF CITIGROUP’S LOAN PORTFOLIO Market Conditions (I) • Corporate credit expansion in the U.S. between 2001 and the first half of 2007 was driven almost exclusively by the inflow of institutional (non-bank) funding into the syndicated loan market. • The participation of a wide range of institutional investors (including structured funds known as collateralized loans obligations (CLOs)‚ hedge funds‚ mutual funds‚ pension funds‚ and insurance companies) in the corporate loan
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Disclaimer: It is against the The Negotiation Experts’ principles to offer its services to the tobacco industry. The Celanese case study has been reproduced for the purposes of study only‚ and is in no way a condonement of the damage the tobacco is causing. Overview One of the most closely studied Chinese joint ventures is that involving Celanese Corporation of the United States‚ a producer of value-added industrial chemicals‚ and China National Tobacco Corporation (CNTC). The venture produces
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Savannah Paterson FINAN Case Questions #5 Toys “R” Us LBO 1. What are the risks and merits of the transaction? This LBO transaction has both risk and profit potential. KKR‚ Bain‚ and Vornado Realty Trust face risk because the industry that Toys “R” Us (toys) is currently in‚ the retail toy industry‚ is in a decline. Industry sales have been down 4% in the last year‚ and analysts don’t have a positive projection for future sales in the US. This declining industry‚ and threat of new competitors
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HBS Project: Blackstone and the Sale of Citigroup’s Loan Portfolio Banaphol Ariyasantichai‚ Ryan Stankiewicz‚ James Freisinger‚ Brian James Financial Markets and Institutions (F517) Professor Xing Lu‚ Ph.D. April 23‚ 2015 Blackstone and The Sale of Citigroup’s Loan Portfolio In the second half of 2007‚ the banking industry and financial market showed signs of considerable stress by raising the default rate of mortgage and the decline in the value of residential mortgage-backed
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that most of the police could have handled the situation better during the time. Even after the riots‚ when Blackstone became an “advocate”‚ for the trans community‚ his “job was to get people to understand how to live their lifestyle along with the rest of the city.” Not once did he call himself an ally‚ and not once did he say he supported the cause. Stryker even includes a joke Blackstone made that reinforces male homosociality about “...[knowing] nothing about sexuality except that [he] enjoyed
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Strategic Innovation: Back Bay Battery In this online simulation‚ students play the role of a business unit manager at Back Bay Battery Company who must balance a portfolio of R&D investment strategies (over 8 simulated years) across products in the portable power market. Other Online Simulations Other Online Simulations from Business Publishing fromHarvard Harvard Business Publishing Back Bay Battery Strategic Innovation Simulation Supply Chain: Root Beer Game This version of the classic Beer
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Case Development Report for Celanese AG Group Assignment Contents Contents 3 Introduction 4 Industry Understanding – Michel Porter’s five forces Model 4 Value Chain Analysis 6 How important is Celanese’s centralized enterprise system to its business strategy? Why? What is its business value to the company?.....................................................................9 How successful was Celanese in meeting these challenges? What problems did it solve? How? Which problems
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Whistleblowing and Sarbanes-Oxley Bionca Murray 1-20-2015 Law‚ Ethics‚ & Corp. Governance Dr. Campbell Strayer University To often employees put up with the wrong doings of their employer‚ in order to keep their job. Whistleblowers are those rare individuals who are not afraid to stand up for what’s right. Whistleblowing is the act of an employee who believes that public interest overrides the interest of the organization. The person blows the whistle that the organization is in fraudulent
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