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Evaluating a stock-for-debt swap: the proper framework

Journal Article · · Public Util. Fortn.; (United States)
OSTI ID:6625742
The most-appropriate technique for analyzing stock-for-debt exchanges (on the value of which there has been considerable recent controversy) depends on the objectives of the company considering such an exchange. This article clarifies the possible purposes to be served by the transaction and a method for determining how well a given purpose will be served. Secondarily, it explains what rate of return is required on the gain from the transaction to avoid shareholder penalization. 2 tables.
OSTI ID:
6625742
Journal Information:
Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 110:3; ISSN PUFNA
Country of Publication:
United States
Language:
English

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