Key Issue: Lion Capital and Blackstone Group want to prevent third round bidding for Orangina while ensuring that they were not overpaying. Analysis of Lion Capital and Blackstone Partnership: Both Lion Capital and Blackstone are motivated by a strategic partnership because: * Lion Capital would be able to participate in a larger deal‚ such as Orangina thus circumventing the 30% exposure limit. The partnership would also bring credibility to Lion Capital and help in its future marketing
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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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The Blackstone Group’s decision to file an initial public offering (IPO) involved the development of the compensation system‚ protection of the limited partners (LP)‚ structure of the public ownership‚ and an accounting transition in order to alleviate problems that would arise. Blackstone was required to establish a new compensation package that addressed partners carried interests as well as compensation for investment professionals and staff members that allowed each party to be no worse off
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Case (1)：The Blackstone Group’s IPO 1. What are the built-in tensions with a public private equity firm? How does Blackstone’s structure attempt to reconcile them? 2. If you were an LP in Blackstone‚ how would you view the structure Blackstone has put in place to go public? 3. Would you rather be a unitholder in Blackstone or an LP? 4. As a potential employee‚ how you evaluate the Blackstone compensation package against a commensurate offer from a similar large-scale private equity firm that
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making babies and wearing pants and waving hats and dancing and going swimming in rivers on picnics in the middle of the summer and just generally ’living it up’ Yes but then right in the middle of it comes the smiling mortician Lawrence Ferlinghetti The beauty of the world presented in a highly sarcastic tone as the outcome of both misery and bliss is the subject of Ferlinghtetti`s poem. A world of contrasts where death and life shake hands and where the reality of human condition
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are too low due to students not being able to afford tuition‚ not being properly prepared in high school‚ and not being able to balance social life and study time. College tuitions are very expensive‚ the top two expensive U.S. colleges‚ Sarah Lawrence College in Bronxville N.Y. costing over $61‚236 which includes tuition‚ room‚ board and other required fees. The next leading is New York University which is a private university costing 59‚837 for tuition‚ room‚ board and required fees. There are
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8 Industry Evolution and Strategic Change No company ever stops changing . . . Each new generation must meet changes—in the automotive market‚ in the general administration of the enterprise‚ and in the involvement of the corporation in a changing world. The work of creating goes on. —ALFRED P. SLOAN JR.‚ PRESIDENT OF GENERAL MOTORS 1923–37‚ CHAIRMAN 1937–56 It is not the strongest of the species that survive‚ nor the most intelligent‚ but the one that is most responsive to change. —CHARLES
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Gabel 1304 March 24‚ 2011 Response: “Why Lawrence Summers was Wrong” In this article Summers portrays simply portrays women as genetic under dogs‚ being that he basis his claim off of genetic variances betrwwen men and women‚ and the “biological differences”. He claims that women shy away from more critical math and science fields because they “naturally” want to nurture a family‚ leaving them with the lack of desire to want to pursue a high stressed job. He also uses‚ genetic differences
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Paul Lawrence Dunbar born June 27‚ 1872 in Dayton Ohio. Dunbar mother was a laundress and his father‚ a former slave‚ soldier and plasterer. As a student Dunbar was the only black in his senior class‚ nevertheless he was still nominated President of the class. During adulthood Dunbar eloped with Alice Ruth Moore‚ who was a teacher. Dunbar had no children. As editor of his own newspaper “Dayton Tattler” his writing inspiration surface. Many of his family experiences of slavery and plantation life
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However‚ there are a few people in this world that do not understand this saying. Some people are careless when they talk. They can sometimes say words that hurt or disrespect others without even meaning to. In an article titled ‘A Word Gone Wrong’‚ by Lawrence Downes‚ I read about the feelings of a down syndrome man named John Franklin Stephens. He talked about how he and millions of other people living with down syndrome feel about words such as‚ retarded‚ idiot‚ and moron. According to John Franklin
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