In:
Journal of Business & Economics Research (JBER), Clute Institute, Vol. 1, No. 8 ( 2011-02-11)
Abstract:
〈 p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;" 〉 〈 span style="font-size: 10pt; mso-bidi-font-size: 12.0pt;" 〉 〈 span style="font-family: Times New Roman;" 〉 The objective of this case is to teach and initiate a classroom discussion about the optimal market timing for the sale of a mid-cap privately held firm. 〈 span style="mso-spacerun: yes;" 〉 & nbsp; 〈 /span 〉 The discussion is facilitated by a real world case example that focuses on the sale of a Little Rock, AK based plastic injection molding company with approximately $20 million in revenues. 〈 /span 〉 〈 /span 〉 〈 /p 〉 〈 p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;" 〉 〈 span style="font-size: 8pt;" 〉 〈 span style="font-family: Times New Roman;" 〉 & nbsp; 〈 /span 〉 〈 /span 〉 〈 /p 〉 〈 p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;" 〉 〈 span style="font-size: 10pt; mso-bidi-font-size: 12.0pt;" 〉 〈 span style="font-family: Times New Roman;" 〉 Theoretical and practical issues central to receiving maximum price in relation to selling at the right time are addressed. 〈 span style="mso-spacerun: yes;" 〉 & nbsp; 〈 /span 〉 Considered are the desired time to close the deal from the owner & rsquo;s point of view, the time required for successful completion of the sale process, business conditions in this industry, firm-specific business conditions, and ability of agents to time this market. 〈 span style="mso-spacerun: yes;" 〉 & nbsp; 〈 /span 〉 〈 /span 〉 〈 /span 〉 〈 /p 〉 〈 p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;" 〉 〈 span style="font-size: 8pt;" 〉 〈 span style="font-family: Times New Roman;" 〉 & nbsp; 〈 /span 〉 〈 /span 〉 〈 /p 〉 〈 p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;" 〉 〈 span style="font-size: 10pt; mso-bidi-font-size: 12.0pt;" 〉 〈 span style="font-family: Times New Roman;" 〉 This case also discusses various reasons for the sale of private companies and the effect of respective sale motives on the placement of these firms. 〈 span style="mso-spacerun: yes;" 〉 & nbsp; 〈 /span 〉 Principally, the retirement decision by the owners of small privately held firms as the most frequent reason for the sale of these companies is explored. 〈 /span 〉 〈 /span 〉 〈 /p 〉
Type of Medium:
Online Resource
ISSN:
2157-8893
,
1542-4448
DOI:
10.19030/jber.v1i8.3032
Language:
Unknown
Publisher:
Clute Institute
Publication Date:
2011
detail.hit.zdb_id:
2428260-1
SSG:
3,2
Permalink