unstated reasons for acquisitions: 1. Megalomania 2. Hubris spirit Forms of Business Combinations 1. Consolidation: result: a new firm e.g. Sandoz + Ciba Geigy = Novartis 2. Merger: result: only one survive e.g. HDFC BK + TIMES BK = HDFC 3. Takeovers: control over mgmt thru substantial portion of its equity. e.g. Credit Swiss Group controlled First Boston’s Mgmt thru Equity acquisition. Both remained in existence. 4. Asset purchases: A buyout a division or assets of T e.g. Coca-Cola paid Rs
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Gulf Oil Corporation Time lag in reserve use Barrels 3‚038 725 2‚313 End of 1983‚ Gulf reserves (Ex 3) less projected expropriations Estimated reserves 1983 production of 290 barrels suggests it takes about 8 years (2‚313/290) to produce discovered oil. We’ll thus use an eight-year cycle. Gulf Oil Corporation 4 What is Gulf worth? To assess their value we proceed as follows. 1. Identify key assumptions. Finding cost per barrel E&D outlays usually take a year to produce reserves
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Lyons Document Storage Corporation: Bond Math Case Solution Total Words: 1523 Spreadsheet Calculations: Value of Bonds At bond issue (1999)‚ At January 2009‚ Face Value ($)‚ Coupon Rate‚ Coupon Payment (semi-annual)‚ Interest Rate (YTM)‚ Maturity (years)‚ Value of Bond Balance Sheet Loan Balance Calculation Beginning Loan Balance‚ Interest Due‚ Interest Paid‚ Amortized Interest‚ Ending Loan Balance Difference between 6% and 8% bonds Abstract Lyon had issued long-term bonds about a
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effects on climate. Consider the Gulf Stream. The climate in Northwestern Europe (the UK especially) is much more mild than it is directly across the Atlantic in Canada and the Northeastern US. There can be up to a 30-40 degree (Fahrenheit) air temperature difference in January between these two areas. The Atlantic Ocean near Canada is locked in ice in winter but the Atlantic Ocean near England is not. It is thought that the huge temperature difference is due to the Gulf Stream‚ one of the strongest
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First Time Student Going to college is a big decision among students once they have entered high school. If you’re a drop out like me then you can realize that it wasn’t a very big thing for me. I had to take the QCC GED test in order to get to attend college somewhere. Although years after I took that test; I decided to actually do something about it. So I enrolled into Quinsigamond Community College and started in the middle of September. I had no other choice to attend this school because
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In my ethics & stakeholder management class last semester‚ we discussed the Columbia space shuttle disaster and the mistakes that led up to it. The day before the launch‚ there were unusually cold weather conditions‚ which called for concern among NASA and the associated engineers. A very large conference call took place between the major engineers and executives on the project to discuss what to do. People were calling in from all over the world. There was a lot of panic‚ so many people were
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Journal of Knowledge Management Practice‚ Vol. 12‚ No. 3‚ September 2011 A Study Of The Predictive Effect Of Pre-Service Teacher Personal Knowledge Management Competency On Their Instructional Design Skills Eric Cheng‚ The Hong Kong Institute of Education‚ Tai Po‚ Hong Kong ABSTRACT: This paper aims to examine the relationship between the personal knowledge management (PKM) competency of pre-service teachers and their instructional design skills. Supporting the sustainable development
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security or defense purposes. Whatever the case may be‚ wars have been apart of human life and will always be. There were no differences when it came to the Persian Gulf War. This war involved the United States‚ Iraq‚ and Kuwait. When trying to determine the purpose behind this war I chose to view it from a comparison of both the realist and liberalist views on the war. The Case The Persian Gulf War stemmed from tension over long-term border issues and oil possession disputes between Iraq and Kuwait
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List of Abbreviations ➢ CLB: Company law Board ➢ Comp Cas: Company Cases ➢ Comp L J: Company Law Journal ➢ FAQ: Frequently Asked Questions ➢ Ltd: Limited ➢ PA: Public Announcement ➢ PAC: Persons Acting in Concert. ➢ QB: Queens Bench ➢ Reg: Regulation ➢ Rs.: Rupees ➢ SEBI: Security and Exchange Board of India ➢ Sec: Section ➢ Spl.: Special ➢ UK: United Kingdom ➢ v: Versus Research Methodology This is to specify that the
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Aloha products Aloha Products is a United States-based coffee-processor company that has been providing non-specialty and low-priced coffee for over a hundred years. It purchases the raw materials or what buyers and sellers refer to as “green coffee” from brokers and trade firms then processes the coffee and sells the final product to customers. Large companies such as Nestle and P&G directly import the unprocessed or green coffee beans from coffee plantations in tropical countries such as Brazil
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