The Acquisition of Consolidated Rail Corporation 1. Why does CSX want to buy Conrail? How much should CSX be willing to pay for it? 1‚ If the CSX buys Conrail‚ this combination would create the second largest rail system in the United States and the largest rail system east of the Mississippi River. The new company would get the $8.5B in rail revenue and almost 70% of the Eastern Market‚ which means it would have monopoly position in the Eastern Rail Market. 2‚ The combined rail networks would
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Perspective: Conrail shareholder. 1. Why does CSX want to buy Conrail? How much should CSX be willing to pay? Some of the reasons why CSX wants to buy Conrail are‚ to increase the consolidation in the Railway industry. Further consolidation typically means lower cost for the consolidators fx because economies of scale and synergies and …. A consolidation also results in lower competition inside the industry‚ which typically follows with higher‚ or at least not lower‚ prices and therefore higher
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Comparison……………………………….P.6 Case Questions……………………………P.7 Bibliography………………………………P.9 Consolidated Life is an insurance company that provides services and products to a consumers in the form of life insurance policies‚ auto policies‚ renter ’s insurance (which covers your apartment for any liabilities or damages due to burglaries‚ floods‚ etc) any other commercial policies. Consolidated life is a prestigious insurance company however‚ due to the nature of the establishment the duties
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Course Name: Business Communication Assignment Title: Consolidated Products In this essay I will discuss what has happened to the flow of information. Then I will identify and discuss the barriers to the flow of downward and upward communication. Lastly I will discuss how Phil Jones could improve the flow of information and what objectives would he has in mind. There is an increase to the downward information flow and decrease to the upward information flow. When Phil took over‚ he set
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Preparation of Consolidated Statement of Financial Position 1 The consolidation process • Before consolidating‚ it may be necessary to adjust subsidiary’s financial statements where: 1. The subsidiary’s end of reporting period is different to the parent’s. In such cases the subsidiary is required to prepare adjusted financial statements as at the parent’s reporting date. 2. The subsidiary’s accounting policies are different to the parent’s. In such cases the subsidiary is required to
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CONRAIL CASE Question 1.a) Based on the information provided in the “A” case and especially in the Exhibit 7 the most that CSX should pay for Conrail should be $93.42 per share (calculations are attached hereto as Exhibit 1). I assumed that the correct or required discount rate to be used in the DCF analysis should be the CSX’s cost of equity which is 15.93%. Based in this analysis – which reflects the expected synergies arising from the deal - CSX could still justify an increase in its offer by
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In 2013‚ the US congress passed an act: the Consolidated and Further Continuing Appropriations Act. This act contains bans or strictly supervises the purchase of telecommunication equipment from Chinese companies Huawei and ZTE. It is strictly stated in section 516 that the money brought forward from this act is not allowed to buy equipment or systems that have been “produced‚ manufactured or assembled” by companies “owned‚ operated or subsidized” by the Chinese. This may seem reasonable; the
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TABLE OF CONTENTS PERSONS A. KINDS OF PERSONS; PERSONALITY B. JURIDICAL CAPACITY C. CAPACITY TO ACT i. AGE ii. INSANITY OR IMBECILITY iii. DEAF-MUTE iv. PENALTY v. PRODIGALITY vi. FAMILY RELATIONS vii. ALIENAGE viii. ABSENCE ix. INSOLVENCY x. TRUSTEESHIP xi. OTHERS II. PRE-MARITAL CONTROVERSY III. MARRIAGE A. DEFINITION i. SPECIAL CONTRACT ii. PERMANENT UNION iii. BETWEEN A MAN AND A WOMAN iv. ENTERED INTO IN ACCORDANCE WITH LAW v. FOR THE ESTABLISHMENT OF CONJUGAL AND FAMILY LIFE B. PRESUMPTION
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Consolidated Engineering Co. Goes to China: Case Consolidated Engineering Co. Goes to China1 Travis Maples and Penelope B. Prime (Published in Readings and Cases in International Management: A Cross-Cultural Perspective‚ by David C. Thomas: Sage‚ 2003) “Do I have to satisfy every set of eyes in China?” After more than a year since the contract had been signed‚ this was how Vice President of Operations and Project Manager‚ Travis Maples‚ felt about the deal that maybe wasn’t. He had worked
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1. Why does CSX want to buy Conrail? How much should CSX be willing to pay? After passing the Stagger’s Rail Act of 1980‚ railroad companies had possibility to close the unprofitable lines‚ determine the price and make mergers with other companies. Right after these drastic alterations‚ key measure of profitability analysis‚ which is operating ratio‚ decreased significantly from 93.3% to 80.0 %. Overall‚ efficiency in this sector increased‚ and railroads again turned to be competitive against the
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