the deal:- Bank EPS (1) No. of outstanding shares (2) Earnings (=1*2) Bank of New York 0.64 751.8 million 481.152 million Mellon Financial 0.65 411.9 million 267.735 million Total 748.887 million After the deal:- Pre deal Earning per share of Mellon 0.65 No. of shares of Mellon post deal (*Cumulative total earnings/Pre deal EPS) 1152.13 million (=748.887/0.65) Shares of Mellon (1:1 exchange ratio) 411.9 million Shares of Bank of New York 740.23 million (=1152.13-411.9) To maintain the EPS pre and
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Carnegie VS Galbraith Carnegie and Galbraith are playing billiards next to the fireplace while drinking fine Cognac brandy and smoking top of the line Cohiba cigars. Both are having an exceptional time. At the same time‚ their differing opinions on political topics‚ most strongly on how money should and should not be used‚ begin to develop. Carnegie believes money is worked for‚ therefore the one who earned it has every right to do just as he or she pleases‚ gambling being one
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Andrew Carnegie vs. John Rockefeller During the 1800’s‚ two men started as poor‚ working class citizens with a dream‚ a dream to become wealthy and be able to support their families. Both of these men made their dreams come true by ruthless tactics and sometimes were looked down on. These two men were Andrew Carnegie and John Rockefeller‚ the original entrepreneurs of America. Both men acquired mass fortunes and lived extravagant lives after they had retired‚ but they used their money for good;
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Nashville‚ Tennessee to Atlanta‚ Georgia‚ two highly respected colleges sit at the corner of academic excellence and social experience. Both universities provide the opportunity for success for anyone who attends. The choice between Vanderbilt University and Emory University is an extremely difficult one. Based on my research‚ Vanderbilt University and Emory University are both acceptable options of schools to consider because of their excellent major options‚ rigorous academics‚ and a strong social aspect
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Andrew Carnegie talks about how the upper class have a responsibility to reduce excess wealth by being charitable to highlight the issues of wealth inequality. He suggests that society can use the wealth from the upper class more responsibly than the state. In the article‚ he talks about his dislike of people using money irresponsibly on material things. He suggests when the upper class distribute their wealth‚ they should do it in a way the promote responsible spending. He talks about how there
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The life of Andrew Carnegie is a good example of a real "rags to riches" story. He was born to a poor Scottish family that immigrated to the United States. Later‚ Carnegie became a powerful businessman and a leading force in the American steel industry. Now‚ he is remembered as an industrialist‚ millionaire‚ and philanthropist. With Carnegie’s creed that the wealthy population had an unwritten obligation to give back to society‚ much of his fortune was donated to causes concerning peace and education
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Nowadays‚ more and more people aim towards enrolling at a university and pay a lot of money in the hopes of obtaining a degree. Everyone considers higher education essential for having a successful career. However‚ the question of whether this higher education actually helps students be prepared for the real world or not remains. It is not as simple to put into practice what one has learned at the university as students believe. The important thing is to learn how to adapt to a new environment. Thus
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Traditional Universities vs. Online Universities Traditional and online universities share a common goal‚ and that is to provide quality education to its students that will lead to career enhancement and a degree of completion; courses can range from certificate‚ undergraduate and graduate programs or higher. Traditional universities require its students to commute to and from school or provide housing for those students from other states and/or countries. Students who choose traditional learning
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Andrew Carnegie once said‚ “No man will make a great leader who wants to do it all himself or get all the credit for doing it.” This quote explains that a leader must be selfless‚ ask for input from peers‚ and have patience in others. In this specific quote‚ Carnegie demonstrates having a positive outlook and motivation will help the superior become successful. There are certain qualities that an individual should obtain to become an excellent leader and example towards their peers. A person
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Recently‚ in my country have established lots of universities. Until this time in Turkey have about 80 universities. However‚ right now there are about 120 universities. But‚ some of them small universities other parts are big ones. I think big university better than the small university where are advantages and disadvantages. The big university has many advantages. For instance‚ the biggest university of Turkey is East Middle Technical University. There are lots of departments which especially
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