Case | HBS Case Collection | 1992 (Revised from original 1992 version)
by Carliss Y. Baldwin
George Hatsopoulos, CEO at Thermo Electron Corp., is considering whether to issue shares in a subsidiary via an initial public offering (IPO). The company has developed an unusual corporate structure in which subsidiaries fund new ventures by raising debt and equity in the capital markets, rather than through the parent company.
Keywords: Financial Management; Business Subsidiaries; Resource Allocation; Valuation; Organizational Structure; Business Headquarters; Initial Public Offering; Capital Structure; Capital Markets; Financial Strategy; Corporate Finance; Semiconductor Industry; Technology Industry;
Citation:
Baldwin, Carliss Y. "Thermo Electron Corp." Harvard Business School Case 292-104, June 1992. (Revised from original March 1992 version.)
View Profile »View Publications »
Working Paper | HBS Working Paper Series | 2013
Hidden Structure: Using Network Methods to Map System Architecture
Carliss Y. Baldwin, Alan MacCormack and John Rusnak
Supplement | HBS Case Collection | 2013
The Congressional Oversight Panel's Valuation of the TARP Warrants (A) (CW)
Carliss Y. Baldwin
Article | Nature Biotechnology | February, 2013
Prize-based Contests Can Provide Solutions to Computational Biology Problems
Karim R. Lakhani, Kevin Boudreau, Eva C. Guinan, Carliss Y. Baldwin, Alan MacCormack, Eric Lonstein, Mike Lydon and Ramy A Arnaout