Forms of Ownership Vocabulary
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Nice to meet you! Im interested in making my private corporation public. Do you have any input on that?
Good Afternoon, Bo. Im Ba, the CEO of Shankar Corporations.
Well, my company is a public corporation! I suggest creating some sort of partnership both corporations .
Hello! Thank you for being here. We've brought you here today to discuss the possible deal between Shankar Corporations and Bo Corporations.
The last option we have is having a joint venture, so that only the legal entities pursue our objective of making Bo's company a public one.
After some discussion, we've narrowed our the partnership options to 3 things.
We could create a new company all together and have a merger or develop a strategic alliance. That way, it'd be long term but temporary
Bo, Ba, nice to see you. As the representative of the Board of Directors, we are glad you've worked this partnership out. Although we are concerned about the changes our responsibilities. We want to make sure our corporate governance is in top shape
I agree, Bo. Thankfully, the last thing we have to settle is what will happen to those who invest in our individual shares of stock. We wouldn't want our shareholders to be unhappy.
Ba, this merger is going to be successful. Having sole proprietorship has it benefits, but this partnership will be the best for both of our companies
8 months later...
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