Filter Results
:
(432)
Show Results For
-
All HBS Web
(432)
- People (2)
- News (62)
- Research (329)
- Multimedia (3)
- Faculty Publications (265)
Show Results For
-
All HBS Web
(432)
- People (2)
- News (62)
- Research (329)
- Multimedia (3)
- Faculty Publications (265)
- 03 Feb 2009
- First Look
First Look: February 3, 2009
forthcoming Abstract In this essay, we review the key features of the literature on innovation and organizational structure. We highlight the key areas where work has been undertaken, as well as the limitations of the literature to date. The Performance of Reverse...
View Details
Keywords:
Martha Lagace
- 01 Jan 2002
- News
Orin C. Smith (MBA '67)
$3.2 billion. At the helm throughout this dizzying period of expansion have been Howard Schultz, who led a buyout of the original company in 1987, and his longtime colleague Orin Smith, a soft-spoken native of Washington State. "I don't...
View Details
- December 2002 (Revised June 2003)
- Case
Vignette: The Rebar Dilemma
By: G. Felda Hardymon, Josh Lerner and Ann Leamon
Martin Smith, a new associate at an LBO firm, must respond to a problem posed by his boss, based on an historical deal that suddenly came undone. After months of negotiation, his firm's plan to buy a bankrupt competitor of one of its portfolio companies and close it...
View Details
Keywords:
Leveraged Buyouts;
Insolvency and Bankruptcy;
Competition;
Growth and Development Strategy;
Business or Company Management
Hardymon, G. Felda, Josh Lerner, and Ann Leamon. "Vignette: The Rebar Dilemma." Harvard Business School Case 803-091, December 2002. (Revised June 2003.)
- July 2001
- Technical Note
Technical Note on LBO Valuation (B): The Equity Cash Flow Method of Valuation using CAPM
Explains the equity cash flow method of valuation as it applies to leveraged buyouts. Also explains how to implement the changing cost of equity method using the CAPM.
View Details
Keywords:
Leveraged Buyouts;
Forecasting and Prediction;
Cash Flow;
Cost of Capital;
Equity;
Valuation
Baldwin, Carliss Y. "Technical Note on LBO Valuation (B): The Equity Cash Flow Method of Valuation using CAPM." Harvard Business School Technical Note 902-005, July 2001.
- December 1990 (Revised February 2000)
- Supplement
Wisconsin Central Ltd. Railroad and Berkshire Partners, Video
By: Michael C. Jensen and Brian Barry
Edward Burkhardt, president and CEO of Wisconsin Central, and Carl Freebback, general partner of Berkshire Partners, engage in a question and answer session with the students.
View Details
Keywords:
Financial Management;
Governing and Advisory Boards;
Leveraged Buyouts;
Financial Condition;
Financing and Loans;
Corporate Finance;
Rail Industry
Jensen, Michael C., and Brian Barry. "Wisconsin Central Ltd. Railroad and Berkshire Partners, Video." Harvard Business School Video Supplement 891-509, December 1990. (Revised February 2000.)
- August 2006 (Revised February 2009)
- Case
Medco Energi Internasional
In late 2004, Hilmi Panigoro, CEO of the publicly traded Indonesian oil company Medco Energi Internasional, is striving to regain majority control of the company his brother Arifin founded in 1980. The Asian financial crisis of 1999 led to a major restructuring that...
View Details
Keywords:
Leveraged Buyouts;
Family Business;
Restructuring;
Financing and Loans;
Ownership Stake;
Business and Shareholder Relations;
Indonesia;
Singapore
Villalonga, Belen, Raphael Amit, and Christopher Hartman. "Medco Energi Internasional." Harvard Business School Case 207-021, August 2006. (Revised February 2009.)
- March 1992 (Revised December 1992)
- Case
Harley-Davidson, Inc.--1987
By: W. Carl Kester and Julia Morley
After an LBO and near bankruptcy in the early 1980s, Harley-Davidson makes an astonishing recovery, going public in 1986. Its listing on the New York Stock Exchange in 1987 provides the occasion of an equity analyst to publish a research report in which she must issue...
View Details
Keywords:
Leveraged Buyouts;
Currency Exchange Rate;
Reports;
Crisis Management;
Going Public;
Research;
Competition;
Auto Industry;
Japan;
New York (city, NY)
Kester, W. Carl, and Julia Morley. "Harley-Davidson, Inc.--1987." Harvard Business School Case 292-082, March 1992. (Revised December 1992.)
- 16 Sep 2014
- First Look
First Look: September 16
seven large institutions. These direct investments perform better than public market indices, especially buyout investments and those made in the 1990s. Outperformance by the direct investments, however, relative to the corresponding...
View Details
Keywords:
Sean Silverthorne
- December 1996 (Revised July 1997)
- Case
USG Corporation
By: Benjamin C. Esty and Tara L. Nells
In 1988, USG was the world's largest gypsum producer and one of the world's largest building-products companies. On May 2, 1988, USG's board of directors announced a proposed leveraged recapitalization plan to thwart a hostile cash tender offer by Desert Partners. With...
View Details
Keywords:
Capital Structure;
Mergers and Acquisitions;
Corporate Governance;
Valuation;
Cash Flow;
Leveraged Buyouts;
Restructuring;
United States
Esty, Benjamin C., and Tara L. Nells. "USG Corporation." Harvard Business School Case 297-052, December 1996. (Revised July 1997.)
- 20 Aug 2012
- Research & Ideas
The Acquirers
M&A research examined topics such as how structured credit impacted the buyout boom and bidding strategies of private equity firms, little focus had been placed on the competition between acquiring companies themselves. In earlier...
View Details
- 15 Nov 2001
- Research & Ideas
Five Questions for Paul Gompers and Josh Lerner
the venture capitalist will increasingly become a team player, coordinating the firm's resources to help portfolio firms. Q: What are the opportunities and challenges for international venture capital efforts? A: For its first fifty years, venture capital (as opposed...
View Details
- April 1991 (Revised July 1991)
- Supplement
RJR Nabisco Board: Guardians of the Gate? (B)
By: Jay W. Lorsch
The special committee of the RJR Nabisco board has extended the bidding deadline for the company by 10 days. The case explains the process by which Kohlberg Kravis Roberts and the management group bid against one another for ownership of RJR Nabisco. The board of...
View Details
Keywords:
Leveraged Buyouts;
Situation or Environment;
Bids and Bidding;
Decision Making;
Managerial Roles;
Governing and Advisory Boards;
Management Teams;
Consumer Products Industry;
Food and Beverage Industry
Lorsch, Jay W. "RJR Nabisco Board: Guardians of the Gate? (B)." Harvard Business School Supplement 491-121, April 1991. (Revised July 1991.)
- 01 Oct 2000
- News
Q & A: Bain & Company's Thomas J. Tierney
called eVolution with venture capital firm Kleiner Perkins and buyout specialists Texas Pacific Group. This new partnership focuses on traditional corporations that are interested in spinning off new Internet businesses. And we've...
View Details
- November 2005 (Revised October 2012)
- Case
The Auction for Burger King (A)
By: Carliss Y. Baldwin and James Quinn
Paul Walsh, CEO of Diageo, must evaluate bids received in an auction of the Burger King restaurant unit. Describes how Diageo came to own Burger King, the attempts to turn the unit around, the strategic reasons for its sale, the auction process, and various bidders'...
View Details
Keywords:
Management Teams;
Leveraged Buyouts;
Bids and Bidding;
Valuation;
Auctions;
Decision Choices and Conditions;
Negotiation Tactics;
Service Industry;
Food and Beverage Industry
Baldwin, Carliss Y., and James Quinn. "The Auction for Burger King (A)." Harvard Business School Case 906-012, November 2005. (Revised October 2012.)
- 26 Oct 2017
- News
Can Farming Save the Planet?
the world of finance. He became one of the people brought in after leveraged buyouts to save failing companies. During Wiviott’s time as COO for one of those companies, Quality Trailer Products, he doubled the annual sales to $50 million...
View Details
- February 2004 (Revised September 2006)
- Case
Apax Partners and Xerium S.A.
By: Josh Lerner, G. Felda Hardymon and Ann Leamon
In 2002, Apax Partners had to decide whether to accept a less-than-perfect offer for one of its portfolio companies or to refinance it. This company, a maker of paper industry consumables with a global presence, had been purchased in 1999 and performed extremely well...
View Details
Keywords:
Leveraged Buyouts;
Globalized Markets and Industries;
Business Exit or Shutdown;
Borrowing and Debt;
Investment;
Cash Flow;
Pulp and Paper Industry
Lerner, Josh, G. Felda Hardymon, and Ann Leamon. "Apax Partners and Xerium S.A." Harvard Business School Case 804-084, February 2004. (Revised September 2006.)
- 10 Jul 2000
- Research & Ideas
Entrepreneurship in Europe
buyout side and the early venture capital side in Europe, said Kuemmerle. Europe, Asia and Latin America still lag behind the U.S., he said, but "the hunt for the best entrepreneurial teams is still on, so I encourage everybody who...
View Details
Keywords:
by Kenneth Liss
- 20 Nov 2007
- First Look
First Look: November 20, 2007
Burton had to assess the plans from a global perspective. Purchase this case: http://www.hbsp.harvard.edu/b01/en/common/item_detail.jhtml?id=508009 The Hertz Corporation (A) Harvard Business School Case 208-030 Examines the leveraged View Details
Keywords:
Martha Lagace
- 01 Sep 2005
- News
Making History, Starting Over
“it was extremely difficult to make a profit on early-stage investments,” says Cohen. In 1989, he opted for a “balanced” strategy, adding corporate buyouts to the firm’s early-stage investments. It’s a strategy that distinguishes Apax...
View Details
- April 1991 (Revised July 1991)
- Case
RJR Nabisco Board: Guardians of the Gate? (A)
By: Jay W. Lorsch
Charles Hugel, the chairman of RJR Nabisco, receives a call from RJR Nabisco's CEO, Ross Johnson; Johnson plans to present an LBO plan to the board of directors at the board meeting the following week. The case details Hugel's actions as chairman, and describes the...
View Details
Keywords:
Leveraged Buyouts;
Situation or Environment;
Bids and Bidding;
Decision Making;
Managerial Roles;
Governing and Advisory Boards;
Management Teams;
Consumer Products Industry;
Food and Beverage Industry
Lorsch, Jay W. "RJR Nabisco Board: Guardians of the Gate? (A)." Harvard Business School Case 491-120, April 1991. (Revised July 1991.)