Homework 3 (Chapter 7, Tyco)
1. What was CEO Kozlowsks nickname and why?
His nickname was Deal a Month Denis because he carried out many
acquisitions. Tyco spent $64 billion to acquire more than 200
companies under his instruction between
Homework 2 (Chapter 5, WorldCom)
1. Why did the board of WorldCom not allow CEO Ebbers to sell his
Because the board thought that if Ebbers sell his shares, this would
send a negative message to investors. Instead, they approved a
Homework 1 (Chapter 3, Martha Stewart)
1. What impact would FDA approval have had on ImClone?
Rejection by FDA generally means that a company loses all or most
of its R&D investment, and this FDAs action causes the correction
of its stock