question archive The Case: Pilgrim's Pride (2003) The sub-division of common stock ownership into two types of common stock is rare, but it does occur
The Case: Pilgrim's Pride (2003) The sub-division of common stock ownership into two types of common stock is rare, but it does occur
Subject:BusinessPrice: Bought3
The Case: Pilgrim's Pride (2003) The sub-division of common stock ownership into two types of common stock is rare, but it does occur. Usually, one type of common stock has more votes per share than the other type. This is the initial situation with Pilgrim's Pride in 2003.
The Case: Intel (1999) Intel has a strategy of selling (issuing) puts of its common stock. Intel gets cash and the buyer of the puts can sell the common stock back to Intel at the exercise price. This is one type of strategy that management can employ.
Marriott's Spin-Off (1992) Management thinks that if the hotel firm's real estate and the accompanying debt is spun-off, with a new corporation, there will be value added. How is value added?
Host Marriott (1998)
Host Marriott owns a large amount of real estate and has a large amount of debt. It decides that by becoming a Real Estate Investment Trust (REIT) it can eliminate a level of taxation. Unfortunately, the firm's decision alternatives are then limited.
