Managing a diversified chemical company faces two financial decisions: whether to fund major investments in new production capacity for its rapidly growing environmental division, and whether to sell more slowly growing without specialty chemicals division. The latest decision has implications for how the new investment, if carried out, should be funded. Financing options available to the company include bank loans, issuance of convertible debt, and the sale of new common stock in the public market. "Hide
by Scott P. Mason Source: Harvard Business School 13 pages. Publication Date: January 11, 2008. Prod. #: 208107-PDF-ENG