Warren Buffett 1. What is the possible meaning of the changes in stock price for Berkshire Hathaway and Scottish Power plc on the day of the acquisition announcement? Specifically‚ what does the $2.55 billion gain in Berkshire’s market value of equity imply about the intrinsic value of PacifiCorp? Answer1: The increase in the stock price of Scottish Power plc and Berkshire Hathaway indicate a market approval for the acquisition and created value for both buyers and sellers. Answer2: a
Premium Berkshire Hathaway Warren Buffett
Introduction The company was established in 1980 by Eugene Mercan and the first product was a desalinator. In 1996‚ the product line included desalinators‚ particle filters‚ ozonators‚ ion exchange resins‚ and purifiers. In 1996‚ sales revenues was almost $400 million (annual growth average 12% for past five years)‚ with an expected profit close to $50 million. In 1999‚ water purifier was added to product line by using brand name “Delight”. The company has identified a market for its water purifier
Premium Management Learning German language
Case 1-1 E-Centives‚ Inc.—Raising Capital in Switzerland 1. Possible factors (from Exhibit 1-7) relevant in e-centives decision to raise capital and list on the Swiss Exchange s New Market: a. Ease of raising capital (point 3). The Swiss Exchange s New Market has simple listing requirements designed to appeal to small companies. The contrast with the complex‚ detailed listing and reporting requirements in the United States is striking. b. Availability of capital (point
Premium Finance Stock exchange Financial statements
Gill Ravinder Preet Assistant Professor Univ. Roll No. 90032265819 A. C. E. T Amritsar CHAPTER-I INTRODUCTION Globally mergers and acquisitions have become a major way of corporate restructuring and the financial services industry has also experienced merger waves leading to the emergence of very large banks and financial institutions. The key driving force for merger activity is severe
Premium Bank
BullGuard Irresistible Offers Find the below offers from the BullGuard website: • BullGuard Internet Security software with free PC tune-ups and 5GB of online backup for free • BullGuard Premium Protection software with antivirus software and free 25GB online backup system ********************************************************************************* About BullGuard BullGuard is among the fastest growing internet and mobile security providers in the world. The company started out in 2002‚ when
Premium Backup Computer Computer security
Apple Computers – Strategic Management Strategic Management Report By Jose Alexander Ros Lopera University of Lampeter Page | 1 Apple Computers – Strategic Management Table of Contents Introduction History TOWS Strategy Strategic Moves Licensing The Value Chain Operations THE Supply Chain Innovation(R&D) Marketing Differentiation Recommendations Conclusion References Bibliography Appendices 4 5 5 -6 6–7 7 8 10 10 12 13 14 16 18 18 19 21 24 Page | 2 Apple Computers – Strategic
Premium Apple Inc. Strategic management
Contents 1. Student Background & Course Details 2 1.1 Course Details 2 1.2 Semester Details 2 1.3 Student Details 2 1.4 Academic Advisor 2 2. Topic of Research 3 2.1 Research Topic 3 2.3 Statement of Purpose 3 3.1 Introduction to Mergers & Acquisitions in Automotive Industry 4 3.2 Rationale of research project 4 3.3 Statement of Research Objectives 4 4. THEORETICAL FRAMEWORK 5 4.1 Mergers & Acquisitions 5 4.2 Recent Trends in Automotive Mergers & Acquisitions 5 4.3 Debates
Premium Automotive industry Mergers and acquisitions Tata Motors
on a revenue basis at least‚ by its offerings in transportation‚ aerospace‚ and capital. In every segment in which the company operated it was either number 1 or 2 globally. This was not the case for the Transportation group (BT) in Europe‚ where in 2001 it sat in fourth place behind Alstom‚ Siemens and Adtranz (AT). However‚ the AT acquisition presented the opportunity to vault BT to the forefront of the industry. At a price tag of US$715 million (23% of AT’s 2000 revenue) AT was a bargain and an
Premium Due diligence Mergers and acquisitions Revenue
on Mergers and Acquisitions and the Economy Michael C. Jensen Harvard Business School MJensen@hbs.edu © Michael C. Jensen‚ 1987 “The Merger Boom”‚ Proceedings of a Conference sponsored by Federal Reserve Bank of Boston‚ Oct. 1987‚ pp.102-143 This document is available on the Social Science Research Network (SSRN) Electronic Library at: http://papers.ssrn.com/ABSTRACT=350422 The Free Cash Flow Theory of Takeovers: A Financial Perspective on Mergers and Acquisitions and the Economy
Premium Corporate finance Stock Stock market
1.0 Introduction Motorola Inc. was established at 1928. The products are divided into two independent public companies‚ Motorola Mobility and Motorola Solutions on January 4‚ 2011. The company entried into the mobile radio communications area by the initial car radio‚ after developing it becomes to be one of the largest electronics corporation in the United States. 2.0 Planning 2.1 First step The basic principle of Motorola Inc. is to increase the market share. So they began the international
Premium Currency Marketing Management