Chap001_Day1_class - Student Helpers p each class: 2...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon
± Student Helpers ² each class: 2 students help with recording class participation ² reward: 3 bonus points ² One student can act as recorder at most one time during the course (maximum 3 points) ± Participation ² point for answering a question or ask a 1 point for answering a question or ask a meaningful course-related question ² 2 bonus points for doing in-class problems on 1 the white board
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
± Class participation grading Top 40% 10 points iddle 30% 5 points Middle 30% 7.5 points Bottom 30% 5 points Grades lower than 5 may be given under 2 certain circumstances.
Background image of page 2
Chapter 1 Part I Business Combination Overview Case 1-4 ± Why do firms acquire other firms? ± Should the tax law encourage mergers? ± Should the FASB encourage mergers? 3
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Procter & Gamble and Gillette On Janurary 28, 2005, in its largest acquisition to date, Procter & Gamble announced an agreement to purchase 100 percent of Gillette Company in a transaction valued at approximately $57 billion . Both P&G and Gillette manufacture and distribute a wide variety of consumer y products including many personal care, home cleaning, and good products. Prior to the deal, Gillette and P&G operated more than 30 and 80 countries respectively P&G has in more than 30 and 80 countries, respectively. P&G has expertise in developing, manufacturing, and distributing leadership brands including 16 brands that produce sales of more than $1 billion each. The Gillette acquisition will add five more brands to this category. 4
Background image of page 4
Executives at the companies said they believe ey'll both be able to grow faster together than they ll both be able to grow faster together than separately, with P&G opening doors for Gillette in markets such as China and Japan while Gillette i i P&G d t t tht bringing P&G some product segments that are growing faster than the company's overall current portfolio of products. Executives at the two companies insisted the deal ill also mean new product development for their will also mean new product development for their customers. They said increased scale from the combination should help improve margins, which turn should allow additional investment in in turn should allow additional investment in research and development. 5
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Should the tax law encourage mergers? ± Is merger good for everybody in the onomy? economy? ± Who might be hurt? 6
Background image of page 6
P&G and Gillette (-cont’d) Job cuts coming he deal will mean about 6 000 job cuts or The deal will mean about 6,000 job cuts, or about 4 percent of the combined work force of 140,000 employees. It said most of the cuts would come from eliminating management overlaps and consolidation of business support functions.
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 8
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/01/2010 for the course MGMT 503 taught by Professor Staff during the Spring '08 term at Purdue University-West Lafayette.

Page1 / 32

Chap001_Day1_class - Student Helpers p each class: 2...

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online