Sunday, May 12, 2019
Investment Data Essay Example | Topics and Well Written Essays - 500 words
Investment information - Essay ExampleIt came into existence as a result of several mergers and acquisitions. Based on the in vogue(p) Annual Report of the company, it has not issued shares of common stock using investment bankers or a fellowship of investment bankers, or at least there is no mention of any from accessible formalised documents in fact, it has been known to be buying back its shares. The only reference which could give one an gleam of common stocks being handled is this excerpt from its Notes to Financial StatementsThe merger was accounted for using the purchase method in congruity with SFAS No. 141, and the aggregate transaction value was $6,890 jillion, consisting of $5,829 million of cash and common stock issued at closing, $973 million of consideration for the shares acquired from . . . .One major investment bank, Morgan Stanley, has probably handled some negotiations leading to some acquisitions. However, there is no explicit mention of Morgan Stanley any where in the companys most recent Annual Report, although the investment company has on several occasions made evaluative comments concerning Verizon. If anything, there seems to be a close relationship in the midst of the firm and Morgan Stanley. One of its Directors has had former ties with the investment bank Mr. Nicolaisen, 63, . . . has been a Director since 2005. He is overly a director of MGIC Investment Corporation, Morgan Stanley and Zurich Financial Services. (Annual Report 2007)Investment Dictionary defines Financial Intermediary as an intromission that acts as the middleman between investors and firms raising funds. Often referred to as financial institutions. Investopedia states that it can include charter banks, insurance companies, investment dealers, mutual funds, and pension funds. building societies, credit unions and financial advisers or brokers. Evidently, the investment banker also serves as financial adviser and broker/dealer for
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