In the November of 2008, Pacific Century CyberWorks ("PCCW"), a telecommunication giant in Hong Kong, became the issue of a privatization proposal. The planned buyback of minority shares was offered by the considerable shareholders of PCCW. Despite allegations of vote rigging faced by the combined offerers, the privatization suggestion received the endorsement of stockholders in February 2009.
Pacific Century CyberWorks The Road to Privatisation Case Study Solution
This is a finance and corporate restructuring case that employs the discount income model to ascertain the fair value of PCCW. The case also focuses on problems of corporate governance when a publicly traded firm decides to go private.
PUBLICATION DATE: July 21, 2009 PRODUCT #: HKU861-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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