Question
For the companies General Electric and Time Warner: What was the stated economic motivation for the change (Spin-off/Equity Carve-out)? Who were the economic beneficiaries? What
For the companies General Electric and Time Warner:
What was the stated economic motivation for the change (Spin-off/Equity Carve-out)? Who were the economic beneficiaries? What are the critical assumptions? Does management explicitly benefit from this change? How did shareholders respond? What, if any, are the important distinctions between the two events?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
