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Case
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Reference no. 9-292-104
Published by: Harvard Business Publishing
Originally published in: 1992
Version: 9 June 1992

Abstract

George Hatsopoulos, CEO at Thermo Electron Corp, is considering whether to issue shares in a subsidiary via an initial public offering (IPO). The company has developed an unusual corporate structure in which subsidiaries fund new ventures by raising debt and equity in the capital markets, rather than through the parent company.
Location:
Size:
USD700 million sales, 6,000 employees
Other setting(s):
1991

About

Abstract

George Hatsopoulos, CEO at Thermo Electron Corp, is considering whether to issue shares in a subsidiary via an initial public offering (IPO). The company has developed an unusual corporate structure in which subsidiaries fund new ventures by raising debt and equity in the capital markets, rather than through the parent company.

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Location:
Size:
USD700 million sales, 6,000 employees
Other setting(s):
1991

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