EXECUTIVE SUMMARY In 2006‚ Merrill Lynch become the lead book runner for a $5 billion convertible bond issue for MoGen‚ Inc.‚ which was the single-largest convertible bond issuance in history. Merrill Lynch’s Equity Derivatives Group needed to convince MoGen’s management of the best coupon rate and conversion premium for MoGen and the potential investors in the issue. BACKGROUND MoGen‚ Inc was one of the leading company in the biotechnology industry. MoGen (Molecular Genetics) emerged with
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Case 5-1 1. How does Miller fit the profile of the average fraud perpetrator? Miller does seem to fit the profile of the average fraud criminal. This is because he worked his way up to gain inside information and trust from his bosses. He spent the money to support his lifestyle which was above his means. He also was not violent and he tried to use the money to pay back the stolen funds from his previous employers. How does he differ? He was different because he owned
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Sean Russi The Case of Phar-Mor Inc ACCT-525 October 31‚ 2012 Case Summary The case of Phar-Mor Inc was one of the biggest pre-Enron frauds that have been uncovered. Phar-Mor Inc established in 1982 Phar-Mor was a small little known discount drugstore. Phar-Mor became well known for offering medications at a 25-40% discount rate compared to your normal pharmacy store prices. Phar-Mor’s first six years of existence seemingly were
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This report is taking a deeper look at Eco-Products‚ Inc. past financial performance and projecting the future. The company was founded by Kent and Steve Savage in 1990 in Boulder‚ Colorado. The company is a lead supplier of environmentally friendly food service products in the United States. The margins were low and the salaries were small. The company was financed by family and friends up to 2005‚ when they received their first line of credit from the bank at $30‚000. This line of credit reached
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Chicken Run Case Study: En Selamat Key assumptions 1. En Munir had conducted cash skimming in the company which leaded to his resignation. 2. En Selamat has personal benefit from the deal with Cold Gold Sdn Bhd. Therefore although CG did not pay within the credit term‚ En Selamat did not stop the marketing department to continue supply products to the company. 3. There is possibility that the irregularities in the account balances is due to illegal transferring of a particular debtor’s
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EPIDEMOLOGY Chicken pox (varicella) is a communicable disease where the patients presents with itchy red spots and or blisters that form over the body. This disease is common in children‚ but not uncommon for adults to contact the disease. The populations with compromised immune systems‚ like pregnant women‚ infants and adolescents and adults‚ have a hard time fighting the infection. Due to the extreme contagious nature of the disease patient may need to limit contact with the community. Children
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Case Study Hy Dairies‚ INC.” The case study‚ “Hy Dairies‚ Inc.”‚ highlights an individual‚ Rochelle Beauport‚ whose career with the company seemed promising after a successful two quarters of increased sales of Hy’s gourmet ice cream. Syd Gilman‚ the vice president of marketing‚ was so impressed with Beauport’s effort and hard work that he decided to positively reinforce her achievement by offering her a position where he believed she would gain experience from higher profile work (Human Behavior
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The overview of the case Arrow Electronics is a broad-line distributor of electronic parts‚ including semiconductors and passive components. It was founded in 1935 and grown to the number two position by 1980. When Stephen Kaufman‚ who became president in 1982 and CEO in 1986‚ Arrow once more began to climb‚ reaching the number one position among electronics distributors by 1992. Arrow/Schweber‚ one of Arrow’s five operating groups and the largest one‚ which sells semiconductors to different customer
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Canadian Social Science Vol. 7‚ No. 1‚ 2011‚ pp. 110-118 ISSN 1712-8056 [Print] ISSN 1923-6697[Online] www.cscanada.net www.cscanada.org Innovative Food and Its Effects toward Consumers’ Purchase Intention of Fast Food Product LES ALIMENTS INNOVANTS ET SES EFFETS VERS L’INTENTION D’ ACHAT DES PRODUIT DE FAST FOOD DES CONSOMMATEURS Mohd Rizaimy Shaharudin1 Abdul Sabur Bin Ismail2 Suhardi Wan Mansor3 Shamsul Jamel Elias4 Muna Abdul Jalil5 Maznah Wan Omar6 Abstract: This study is about the
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British Literature‚ 4th Due: 23 April 2012 Time in “Sonnet 19” In the equation of life‚ Time has always been an independent variable. Time cannot be slowed‚ lengthened‚ nor controlled in any manner. However‚ Time has control over all things. Time leaves its mark everywhere; whether it is in nature with the seasons changing or the aging of an animal. How one accepts its results is one’s own choice. In William Shakespeare’s “Sonnet 19” Time is shown deteriorating the strongest beings in nature indicating
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