What leads to the auction anomaly known as the "winner's curse," and how can bidders mitigate their risk?
Corporate Finance
As debt prices trade below recovery values in an economic crisis, what opportunities are available for a highly levered company to reduce debt?
How should a Chinese company respond when it suspects a rival is stealing trade secrets?
In less than three years, Groves and Oppenheimer successfully completed one of the largest scientific and engineering projects in history while laying the foundation for the nuclear power industry and demonstrating the innovative capability of government in times of crisis.
Michael Milken launched a revolution in corporate finance, creating and then controlling a new "financial ecosystem" around "junk bonds."
What compensation scheme would allow Pearson and Daye to reward their valued employees without losing sight of their initial goals? And how much would the five original partners consider diluting their holdings?
Hugh Hefner launched a new magazine for men in the 1950s, creating a hugely successful multimedia enterprise and making himself into a celebrity and mogul.
What factors should an investment management firm consider when deciding whether and at what price to bid for Google shares in their unprecedented Dutch auction IPO?
In a bidding war for the largest US publicly held office REIT, what strategies and financial analyses drove the two rival potential acquirers as well as their target?
A Walk in the PARC: What missteps did Xerox take in transforming its computing research and innovations into viable commercial products?