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Detail
ArtikelTrack Stars  
Oleh: Banham, Russ
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 188 no. 1 (Jul. 1999), page 45-50.
Topik: ipo; track stars
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ85.9
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelAfter startling the business world with the largest IPO in history last year, the DuPont Corp. made another bold pronouncement in March : The giant chemical company would issue a tracking stock for its fast - growing life sciences division, in effect creating a separate, stand - alone company. The decision by the staid, two - century - old DuPont to issue a stock to track the performance of its life sciences assets underscores just how popular in the market place this unconventional corporate restructuring strategy has become. Fifteen companies have issued 37 tracking stocks since General Motors created the first one (to buy Electronic Data Services in 1984). Most of these deals were transacted in the past three years. With tracking stocks’ popularity on the upswing, it’s a good idea for CPA s to know what they’re about in case they show up in their companies’ or clients’ plans.
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