Keywords: strategic reorganization
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Case Studies
Darden Business Publishing Cases 1–21.
Published: 20 January 2017
... strategic investor, Sabre, Inc., was not working in TRX's best interest. Thus, the IPO is motivated by a twofold purpose: to raise money and to provide for a strategic reorganization of the firm's ownership structure. At the time of the spin-off in 1999, TRX's major investors included BCD Technology...
Includes: Supplementary data

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