Canada's Most Significant Merger

Article Abstract:

Mergers are growing more popular in Canada. Though often criticized, they have been basically successful in history. The combination of Hudson Bay Company (HBC) and the North West Company in 1821 was a significant and successful merger that restored profitability to the fur trade. HBC was a foreign corporation, based in London, England while the North West was a Montreal, Canada company. Due to a high level of competition, destructive business practices abounded resulting in over trapping and falling prices. The North Westers made overtures beginning in 1815. As in all merger negotiations, there was considerable time spent and bluffing by both parties. Due to many differing methods, policies and different structures, the solution consisted of a joint venture. The key to success involved profit sharing with the operating executives in North America. Combining the organizations also produces large amounts of stress as it did then. The HBC was turning profits within three years. The results of the merger provided rewarding to both invester and executives.

Acquisitions and mergers, History

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EFT Concentration: Is it Right for Your Firm?

Article Abstract:

The benefits of switching to an electronic funds transfer system (EFT) are outlined. A cash concentration system is used to handle the automated cleaning house debit. EFTs are cost effective and they can create float. Choosing an EFT bank involves consideration of cost and service. Anticipation techniques are offered as means to avoid excess field balances.

Analysis, Electronic funds transfer systems

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Raising Visibility of Middle-Market Firm Can Ease Sale of Equity Issues

Article Abstract:

Procedures which would enable smaller firms to attract underwriters are outlined. The Voplex Corporation has a program for approaching investment bankers. It suggests the use of a public relations firm, product advertising, and investor analysis.

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