Mergers and Acquisitions
... If a takeover bid has the the support of the directors of the company to be taken over (the "target" or "offeree") it is called an agreed takeover bid. If they oppose it is called a hostile takeover bid. Takeover bids are most commonly made by: other companies in the same industry private equity com ...
... If a takeover bid has the the support of the directors of the company to be taken over (the "target" or "offeree") it is called an agreed takeover bid. If they oppose it is called a hostile takeover bid. Takeover bids are most commonly made by: other companies in the same industry private equity com ...
City Deposits and Investments
... Different funds would not be eligible for separate FDIC insurance coverage simply because the funds are kept in separate accounts. Thus, if a city has a special account for its municipal liquor store, an account for the police department, and an account for the general fund, these accounts would be ...
... Different funds would not be eligible for separate FDIC insurance coverage simply because the funds are kept in separate accounts. Thus, if a city has a special account for its municipal liquor store, an account for the police department, and an account for the general fund, these accounts would be ...
EUROPEAN COMMISSION Brussels, 14.7.2016 C(2016) 4390 final
... other similar financial instruments takes place in largely the same fashion, and fulfils a nearly identical economic purpose, as trading in shares admitted to trading on a regulated market, MiFIR extends its provisions to the former. In addition, MiFIR introduces an on-venue trading obligation for s ...
... other similar financial instruments takes place in largely the same fashion, and fulfils a nearly identical economic purpose, as trading in shares admitted to trading on a regulated market, MiFIR extends its provisions to the former. In addition, MiFIR introduces an on-venue trading obligation for s ...
SOUTHWEST AIRLINES CO
... entitled to share ratably with the holders of the notes in any proceeds distributed upon our insolvency, liquidation, reorganization, dissolution, or other winding up. This may have the effect of reducing the amount of proceeds paid to you. If there are not sufficient assets remaining to pay all of ...
... entitled to share ratably with the holders of the notes in any proceeds distributed upon our insolvency, liquidation, reorganization, dissolution, or other winding up. This may have the effect of reducing the amount of proceeds paid to you. If there are not sufficient assets remaining to pay all of ...
The University of Akron Investment Policy Statement for Endowment Funds
... purpose of diversification is to provide reasonable assurance that no single security or class of securities shall have a disproportionate impact on the Fund. 3. The purpose of the fixed income portion (bonds and cash equivalents) is to provide a deflation hedge, to reduce the overall volatility of ...
... purpose of diversification is to provide reasonable assurance that no single security or class of securities shall have a disproportionate impact on the Fund. 3. The purpose of the fixed income portion (bonds and cash equivalents) is to provide a deflation hedge, to reduce the overall volatility of ...
NBER WORKING PAPER SERIES DYNASTIC MANAGEMENT Francesco Caselli Nicola Gennaioli
... consequence of poor contract enforcement, and look at the consequences of this failure of meritocracy for TFP, capital accumulation, and other macroeconomic variables. A plausible parametrization of our model is able to generate a cross-country dispersion of TFP which is roughly half as large as the ...
... consequence of poor contract enforcement, and look at the consequences of this failure of meritocracy for TFP, capital accumulation, and other macroeconomic variables. A plausible parametrization of our model is able to generate a cross-country dispersion of TFP which is roughly half as large as the ...
Understanding the New Tennessee Small Business Investment
... today and share many of the same characteristics of private venture capital firms; however, they have been prevented from becoming a dominant institutional form because of regulatory restrictions.30 METRICK, supra note 13, at 10. The American Research and Development Corporation was established in 1 ...
... today and share many of the same characteristics of private venture capital firms; however, they have been prevented from becoming a dominant institutional form because of regulatory restrictions.30 METRICK, supra note 13, at 10. The American Research and Development Corporation was established in 1 ...
Li, Yu Qiong
... IIROC is the national self-regulatory organization which oversees all investment dealers and their trading activity in Canada’s debt and equity markets. IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficie ...
... IIROC is the national self-regulatory organization which oversees all investment dealers and their trading activity in Canada’s debt and equity markets. IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficie ...
press release
... toezicht), Sweco has notified the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten) that it has acquired a substantial holding of 8.98% in the shares in Grontmij. Sweco might purchase additional ordinary shares in Grontmij. Sweco will announce such additional ...
... toezicht), Sweco has notified the Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten) that it has acquired a substantial holding of 8.98% in the shares in Grontmij. Sweco might purchase additional ordinary shares in Grontmij. Sweco will announce such additional ...
Chapter 6.
... based on control and influence.2 The definition of direct investment is the same as in the fourth edition of the OECD Benchmark Definition of Foreign Direct Investment, which provides additional details on the FDIR and the collection of direct investment data. Appendix 6a, Topical Summary—Direct Inv ...
... based on control and influence.2 The definition of direct investment is the same as in the fourth edition of the OECD Benchmark Definition of Foreign Direct Investment, which provides additional details on the FDIR and the collection of direct investment data. Appendix 6a, Topical Summary—Direct Inv ...
Primary Market
... Low quality firms with speculative credit rating were able to issue marketable debt as well. (previously, they relied on short-term ...
... Low quality firms with speculative credit rating were able to issue marketable debt as well. (previously, they relied on short-term ...
Glossary of Defined Terms
... Commodity-based contracts that give either party the right to settle in cash or some other financial instrument should be accounted for as if they were financial instruments, with the exception of commodity contracts that (a) were entered into and continue to meet the entity’s expected purchase, sal ...
... Commodity-based contracts that give either party the right to settle in cash or some other financial instrument should be accounted for as if they were financial instruments, with the exception of commodity contracts that (a) were entered into and continue to meet the entity’s expected purchase, sal ...
Policy Prescription to the Regional Disparities in the Supply
... Each of the supported funds in the scheme received a reimbursable, interest-free advance of up to 50% of the annual operating costs of the fund over a three to five year period. This loan is due for repayment after ten years when it was deemed that sufficient investment realisations would have been ...
... Each of the supported funds in the scheme received a reimbursable, interest-free advance of up to 50% of the annual operating costs of the fund over a three to five year period. This loan is due for repayment after ten years when it was deemed that sufficient investment realisations would have been ...
US Treasury Market US Treasury Market
... provide tax advice or to be used by anyone to provide tax advice. Investors are urged to seek tax advice based on their particular circumstances from an independent tax professional. The bonds of the company are traded over-the-counter. Retail sales and/or distribution of this report may be made onl ...
... provide tax advice or to be used by anyone to provide tax advice. Investors are urged to seek tax advice based on their particular circumstances from an independent tax professional. The bonds of the company are traded over-the-counter. Retail sales and/or distribution of this report may be made onl ...
chimera investment corporation - Morningstar Document Research
... Mr. Cooperman may be deemed the beneficial owner of 18,737,751Shares, which constitutes approximately 9.9 % of the total number of Shares outstanding. This consists of 2,717,684 Shares owned by Capital LP; 1,333,162 Shares owned by Investors LP; 1,361,820 Shares owned by Equity LP; 1,251,000 Shares ...
... Mr. Cooperman may be deemed the beneficial owner of 18,737,751Shares, which constitutes approximately 9.9 % of the total number of Shares outstanding. This consists of 2,717,684 Shares owned by Capital LP; 1,333,162 Shares owned by Investors LP; 1,361,820 Shares owned by Equity LP; 1,251,000 Shares ...
Financing Innovation Working Paper
... has been more nuanced. Similar to Nanda and Nicholas (2014), there seems to be growing evidence that bank finance is an important source of capital, even for firms engaged in innovation. Moreover, changes in the availability or cost of bank finance have been shown to impact both the rate and nature ...
... has been more nuanced. Similar to Nanda and Nicholas (2014), there seems to be growing evidence that bank finance is an important source of capital, even for firms engaged in innovation. Moreover, changes in the availability or cost of bank finance have been shown to impact both the rate and nature ...
ACCOUNTING POLICIES APPLIED IN DETERMINING CASH FLOW
... cash, as well as the necessities of the company to use the cash flows, respective of the moment and security of their generation. [13] Within the treasury flows statement, according to the fun ctional approach of the activities of the company, the flows are grouped in three categories: - Cash flows ...
... cash, as well as the necessities of the company to use the cash flows, respective of the moment and security of their generation. [13] Within the treasury flows statement, according to the fun ctional approach of the activities of the company, the flows are grouped in three categories: - Cash flows ...
Mutual Fund Assets and Flows in 1999
... These funds could be matched with 1520 domestic equity funds in the ICI database. These funds represent 51 percent of domestic equity funds in the ICI database, accounting for 77 percent of assets and 60 percent of net new cash flow. These funds were first ranked by net flows and then placed into de ...
... These funds could be matched with 1520 domestic equity funds in the ICI database. These funds represent 51 percent of domestic equity funds in the ICI database, accounting for 77 percent of assets and 60 percent of net new cash flow. These funds were first ranked by net flows and then placed into de ...
Seasons Series Trust - Mid Cap Value Portfolio - Annuities
... investing in the Portfolio with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Portfolio for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each ...
... investing in the Portfolio with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Portfolio for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each ...
Why it pays to be diversified
... different managers in portfolios of primary funds, it is interesting to note that manager diversification in co-investment funds does not reduce the variance of the return distribution. Therefore, manager diversification does not reduce the potential for extraordinary returns. In fact, co-investment p ...
... different managers in portfolios of primary funds, it is interesting to note that manager diversification in co-investment funds does not reduce the variance of the return distribution. Therefore, manager diversification does not reduce the potential for extraordinary returns. In fact, co-investment p ...
IOSR Journal of Humanities and Social Science (JHSS)
... This is because three of the variables examined are statistically significant and the variables are percentage distribution of public investment which is significant at 10%, external reserve which is statistically significant at 1% and gross domestic product that is statistically significant at 10%. ...
... This is because three of the variables examined are statistically significant and the variables are percentage distribution of public investment which is significant at 10%, external reserve which is statistically significant at 1% and gross domestic product that is statistically significant at 10%. ...
Corporate Governance and Cash Dividend Policy in China: An
... shareholding structure not only can affect the controlling shareholders to other shareholders to exploitation ability, also will influence its exploitation motivation. Especially when investors lack of the enough protection judicial system, equity structure is more important on the influence of inve ...
... shareholding structure not only can affect the controlling shareholders to other shareholders to exploitation ability, also will influence its exploitation motivation. Especially when investors lack of the enough protection judicial system, equity structure is more important on the influence of inve ...
Middle Market Leverage Multiples
... Group’s October 2011 recapitalization of Advanced Dermatology & Cosmetic Surgery, six dermatology platform investments have been made by private equity sponsors. Over the past year, the number of new funds seeking an investment in dermatology has grown dramatically. Existing platforms have continued ...
... Group’s October 2011 recapitalization of Advanced Dermatology & Cosmetic Surgery, six dermatology platform investments have been made by private equity sponsors. Over the past year, the number of new funds seeking an investment in dermatology has grown dramatically. Existing platforms have continued ...
Answers to Questions
... A business combination is the process of forming a single economic entity by the uniting of two or more organizations under common ownership. The term also refers to the entity that results from this process. (1) A statutory merger is created whenever two or more companies come together to form a bu ...
... A business combination is the process of forming a single economic entity by the uniting of two or more organizations under common ownership. The term also refers to the entity that results from this process. (1) A statutory merger is created whenever two or more companies come together to form a bu ...
Leveraged buyout
A leveraged buyout (LBO) is a transaction when a company or single asset (e.g., a real estate property) is purchased with a combination of equity and significant amounts of borrowed money, structured in such a way that the target's cash flows or assets are used as the collateral (or ""leverage"") to secure and repay the borrowed money. Since the debt (be it senior or mezzanine) has a lower cost of capital (until bankruptcy risk reaches a level threatening to the lender[s]) than the equity, the returns on the equity increase as the amount of borrowed money does until the perfect capital structure is reached. As a result, the debt effectively serves as a lever to increase returns-on-investment.The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO), management buy-in (MBI), secondary buyout and tertiary buyout, among others, and can occur in growth situations, restructuring situations, and insolvencies. LBOs mostly occur in private companies, but can also be employed with public companies (in a so-called PtP transaction – Public to Private).As financial sponsors increase their returns by employing a very high leverage (i.e., a high ratio of debt to equity), they have an incentive to employ as much debt as possible to finance an acquisition. This has, in many cases, led to situations, in which companies were ""over-leveraged"", meaning that they did not generate sufficient cash flows to service their debt, which in turn led to insolvency or to debt-to-equity swaps in which the equity owners lose control over the business and the debt providers assume the equity.