American Chemical Case The American Chemical Corporation wanted to buy any and all shares of the Universal Paper Corporation because of their combined efforts in the production of sodium chlorate. To do so without violating the Clayton Act, American agreed to sell their Collinsville production plant to Dixon Corporation. Dixon wants to buy the Collinsville plant to help diversify its specialty chemical product line. This plant initially cost 12 million dollars with an additional 2.25 million
Words: 498 - Pages: 2
Case Study No. 1: American Chemical Corporation 1. Briefly provide a synopsis of the case and clearly describe the main problem raised in the case. (10 points) American Chemical, a diverse chemical company in the late1970s, wanted to acquire, through a share buyout, Universal Paper Corporation. Universal sued them on the stance that it would violate an antitrust law, because its sodium-chlorate production division would digest Universal’s large division creating a lack of competition in the
Words: 1441 - Pages: 6
Meier, 1 Dixon Corporation: The Collinsville Plant (Abridged) Case Analysis Prepared by Renee Meier, Cohort B November 12, 2010 Prepared For Brett Hunkins MBA 634: Measurement II Richard DeVos Graduate School of Management Meier, 2 Dixon Case Analysis Introduction Dixon Corporation, a specialty chemical company is considering the purchase of a sodium chlorate plant in Collinsville, Alabama. This opportunity will allow Dixon to expand its market and product line. Because of the location
Words: 2029 - Pages: 9
Dixon Corporation, an American specialty chemicals producer, wants to buy Collinsville plant in October 1979 from American Chemical Corporation, another typical chemicals company. This plant initially costs $ 12 million, and additional optional $ 2.25 million needed to buy and install laminate technology to increase efficiency and profitability of the plant in order. A firm that is operating in the interests of its shareholders should accept all projects that increase the wealth of the shareholders
Words: 622 - Pages: 3
food corporations have become somewhat of a problem for various reasons. While many countries have the same choices Americans have, it is easy to see that over advertising of fast and processed foods causes Americans to be lazy in food preparation, which causes health problems, which is why large food corporations should limit their advertising. This chain of events is all too familiar in modern American culture, but not necessarily exclusive. Through research, it has been found that Americans are
Words: 1541 - Pages: 7
Study of Corporation By-laws Table of Content I. Introduction II. Standard template of Corporation By-laws III. Case study (focus on corporation control provision) a. JP Morgan b. Lorillard c. KRAFT d. NYACS e. DUPONT CIRCLE CONSERVANCY IV. Summarization I. Introduction Corporate and organizational bylaws contain the rules and procedures that regulate the organization to which they apply and are generally concerned with the operation of the organization
Words: 1300 - Pages: 6
American Chemical Corporation Context The business environment leading up to 1979 was a very challenging one as the U.S. economy was still on the heels of a period of high inflation, low growth and high unemployment that started in the 1970s. The deep recession hit almost all sections of the economy. Real gross national product (GNP) fell by 2.5 percent while the unemployment rate rose above 10 percent and almost one-third of America's industrial plants lay idle. Company The Dixon Corporation
Words: 2157 - Pages: 9
MEMORANDUM Date: To: American Chemical Corporation From: Issue: How should ACC accrue and disclose the trial decision on their financial statement? Recommendation: American Chemical Corporation should accrue and disclose the loss contingency on its Condensed Financial Statements from the lower court’s trial decision in the lawsuit from the Environmental Protection Agency. Sources: Discussion: This memo will discuss the accounting standards and adjustments for accruing and disclosing
Words: 703 - Pages: 3
In 1993, Chemical Bank and Hanover Corporation concluded a merging process. The new larger banking company was better-positioned to compete with other major players in the market. Michael Hegarty, the head of the Retail Bank Division of Chemical Banking Corporation, wanted to transform the bank into a market-focused organization that would be the financial service provider of choice to targeted customer groups. This strategy needs major investments to understand customer needs and to identify
Words: 480 - Pages: 2
hydroelectric power for a model industrial city. Time Frame: Between 1942 and 1953 Hooker Chemical disposed of about 22,000 tons of mixed chemical wastes into the Love Canal. Background of the case Near the end of the nineteenth century, after America was once again a unified country, the entrepreneurial pioneers looked towards shipping. Many canals, such as the C&O and Erie Canals, unified American waterways to provide an efficient shipping system. In 1894, venture capitalist William Love
Words: 478 - Pages: 2