a fundamental change in direction and strategy for an organization that affects the way in which the organization is structured. Corporate restructuring may involve increasing...
KANSAS CITY, Kan. -- EPIQ Systems, Inc. (NASDAQ:EPIQ) has named Lorenzo Mendizabal as Managing Director for its Corporate Restructuring Solutions business headquartered in New York City. Mr. Mendizabal will have general management responsibility for this business unit.
Sprint Corp. said it plans to cut an additional 550 jobs as part of its previously announced corporate restructuring initiative that will result in a total of 5,850 job cuts for the telecom provider. The company noted the cuts, which were reported Sprint...
This article offers ways for bankers to advance both their analytic and communication skills – senior bank officials and clients alike to “get the deal done” and insure risk/reward agendas are set in equilibrium. Undeniably, the direct way to achieve results is to take a stochastic view of strategic plans...
In today’s dynamic business environment, it is important for organizations to constantly redefine and restructure themselves. Some avenues for corporate restructuring include mergers, acquisitions, divestitures, and spin-offs. The paper examines issues involved in corporate restructuring strategies. The related legal and accounting environments are also discussed.
The presentation is on corporate restructuring. It defines the impetus for restructuring such as: stock market includes activist shareholders, pension funds. It defines the dimensions of restructuring as assets restructuring can be done by acquisition, divestitures, spin offs, corporate downsizing and outsourcing. It also discusses the restructuring of equity claims....
This article study 298 firms that announce the intent to consider restructuring during the 1989 to 1998 period. It finds that the actions taken subsequent to the initial restructuring consideration are equally divided between i being acquired, ii divesting one or more subsidiaries, or iii either terminating the process or...
Large-scale corporate restructuring made necessary by a financial crisis is one of the most daunting challenges faced by economic policymakers. The government is forced to take a leading role, even if indirectly, because of the need to prioritize policy goals, address market failures, reform the legal and tax systems, and...
This article studies the influence of bank insolvency on corporate restructuring in a dynamic model of bank relationship. Using a poorly developed banking technology, the model shows that bank insolvency can have a positive effect on firm’s incentives to restructure. Due to the technology, each firm faces strategic uncertainty on...
SEOUL, Oct 21 Asia Pulse - The Hyundai Group is planning to dismantle its corporate restructuring office in the wake of the inauguration of Hyun Jeong-eun, the wife of the late Hyundai Group Chairman Chung Mong-hun, as de facto group chairwoman on T SEOUL, Oct...
Forbes Medi-Tech Inc. (TSX: FMI)(NASDAQ: FMTI) ("Forbes" or "Company") today announced a plan to focus exclusively on its revenue-generating nutraceutical business, which includes functional foods and dietary supplements, and cease all in-house drug development activities. The restructuring plan involves staff reductions across various departments within the Company's current active workforce....
This article study the process of corporate restructuring for a sample of 298 firms during the 1989-98 period that announces that they are considering restructuring alternatives. One finds that restructuring is a lengthy process, with the majority of the restructuring period occurring before any definitive proposals for corporate change....
This article mainly discusses about mergers and other forms of corporate restructuring. Some of the forms which can be adopted included are sources of value, strategic acquisitions involving common stock, acquisitions and capital budgeting. The main reason forr engaging in corporate restructuring is sales enhancement and operating economies, Improved management,...
LATEST MOVES: THE STUNNING NEW PLAYSTATION II AND A CONTINUING CORPORATE RESTRUCTURING. LATEST MOVES: THE STUNNING NEW PLAYSTATION II AND A CONTINUING CORPORATE RESTRUCTURING.
HILLSIDE, N.J. -- Glowpoint, Inc. (OTC: GLOW.PK), the world's leading broadcast quality IP-based video communications service provider, today announced the implementation of a corporate restructuring plan designed to reduce ongoing expenses with the goal of being cash-flow positive by the end of this fiscal year, or earlier if additional items...
Rick Braun, a principal in American Capital Strategies, explained that the Bethesda, Maryland-based investment firm specializes in ESOP leveraged buyout transactions. The majority of ESOP companies-and probably the majority of employees who participate in ESOPs in the United States-are smaller companies. Braun explained that unions and employee groups are often...