BUS 497A Lecture Notes - Lecture 6: Stock Certificate, A.D. Vision
Document Summary
Grow organically: actually grow it from the profits of the company~ or grow through acquisition. Spending money, and not knowing if you are going to have customers. Accountant: what something is worth, they put it down. Auditor: show me the invoice~ calculating the tangible items and changing the. Overnight, get stock certificate,and our company rose by 3 million dollars. Chinese company were hard to audit~ after 1 year, did i make money and toss the records. Be aware of that~ mergers and acquisitions does make it good deals. Tender offer: x number of shares shared between both companies. Most of this stuff is bought by stock, not cash~ Horizontal integration: shoe company~ buy another company not in your industry. Vertical integration: suplie dot transportation to sell it. Backward integration, i buy a company that provides the materials i need. Buying a company that is related ot your business. Reatilers can not be taken over by companies or corporations for retail.
