Title: Lester Electronics Financing Alternative Benchmarking

Essay Details

Subject: Business
Author: Howard W
Date: July 24, 2017
Level: University
Grade: A
Length: 1 / 257
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

$1 billion worth of client assets. As a matter of fact, Fidelity’s CEO and chairman Anwer Suderji states that more than half of Royal Fidelity’s assets are under custody in order to fund the merger between two banks that are miles apart. Dow Jones is also currently considering a merger deal with Rupert Murdoch’s News Corp...

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Murdoch’s strategy is to offer to purchase shares on the Wall Street Journal from Dow Jones, the majority of which is owned by the Bancroft family. The total cash bid for the Wall Street Journal amounts to U.S. $5 billion. At the standing offer of $60 per share, the Bancrofts and Dow Jones are apparently not quite satisfied...

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