The company in this case has an ambitious president, who wishes for its company to expand. However, the president has grave concerns with regards to obtaining funding.
After both considering and rejecting the utilization of venture capital, he is actively considering a proposition put forward by McDermid, St. Lawrence, Chisholm; a mid-sized Canadian investment company. The proposal calls for a private placement of equity.
Learning Objective: Pupils will learn how to: deal with unhappy suppliers of capital; design a private placement and design a public problem.
Publication Date: 03/10/1994
This is just an excerpt. This case is about Finance