REVLON RULE
The legal requirement that the board of directors of a company make a reasonable effort to obtain the highest value for a company when a hostile takeover is forthcoming. The Revlon rule involves a narrower interpretation of a board’s fiduciary duty, which typically is limited to protecting a company from external threats: under normal conditions a director is not required to negotiate with any hostile bidder.
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Atlantic Spread
A trading strategy for option which includes the purchase of both a European option and American option,for the purpose of taking both sides of a p ...
Decision Theory
An interdisciplinary approach to determine how decisions are made given unknown variables and an uncertain decision environment framework. Decision ...
Five Percent Rule
A rule requiring a broker to use fair practices and ethical guidelines when setting the commission rates. The five percent rule stipulates that the ...
Bill Miller
Bill Miller is the chairman and CEO of Legg Mason Capital Management. It is an investment firm with over $60 billion under management. Bill Miller ...
Sales Meeting
Sales Meeting is a gathering or event wherein a product or service is discussed, with its benefits outlined to potential buyers. It can be done thr ...
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SEE FOREX TUTORIAL
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
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