George Hatsopoulos, CEO of Thermo Electron Corp, considering the issue of shares in the subsidiary through an initial public offering (IPO). The company has developed an unusual corporate structure in which subsidiaries of financing new enterprises by raising debt and equity capital markets, rather than through the parent company. "Hide
by Carliss Y. Baldwin, Joetta Forsyth Source: Harvard Business School 22 pages. Publication date: 11 Mar, 1992. Prod. #: 292104-PDF-ENG
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