In this article we will discuss about merger scheme of a firm and its contents. Points to be Considered in Merger: Two important points to be noted in case of merger are: 1. A merger must be approved by a vote of the stockholders of each firm. Typically, votes of the owners of 2/3rd of the shares are required for [...]
The following points highlight the four main types of shares offered by a company. The types are: 1. Equity Shares 2. Preference Shares 3. Non-Voting Shares (NVS) 4. Other Forms of Shares. Type # 1. Equity Shares: An equity interest in a company may be said to represent a share of the company's assets and a share of any profits [...]
Municipal bonds are bonds raised by municipal bodies or local governments for financing core urban infrastructure facilities like drinking water, sanitary systems, solid waste disposal systems, road, hospitals etc. Generally municipal bonds are broadly of two types. Municipal bonds are the ideal instruments for raising resources, channelling funds from capital market into infrastructure development. They are long-term in nature, unlike [...]