Journal Entry Essay Example | Topics and Well Written Essays - 250 words - 9

Journal Entry - Essay Example This is an area where approximately five hundred Arapahoe and Cheyenne people encamped. The attack, which took place at down caught these communities by surprise and in an odd moment where most of the men were out hunting. However, the retaliation of the Cheyanne for this attack only furthered the aggression from the side of U.S troops. Unfortunately, since this was not an organized battle field but rather an attack, the casualties were the weak in the society and not the fighters. The attack claimed the lives of about a hundred and fifty Cheyennese and Arapahos. The majority were children, women and elderly people – who were not in a position to defend themselves. The most disturbing thing in this attack is that the Cheyenne chiefs, Black Kettle and White Antelope had attempted to establish a peace treaty. For this reason, they flew an American flag as an indication of friendliness. The attack and the atrocities that followed including mutilation of the dead bod ies by the Colorado troops was an illegitimate military operation. What angers me most in this event is that such atrocities could take place while the American flag and a white flag symbolizing peace were flying high. In addition, there were no charges against Chivington and his companions despite reliable eyewitness accounts from

The Merger of Granda and Compass Research Proposal

The Merger of Granda and Compass - Research Proposal Example The success/failure of the merger will be analysed according to the Economies of scale: "This refers to the fact that the combined company can often reduce duplicate departments or operations, lowering the costs of the company relative to theoretically the same revenue stream, thus increasing profit."2 Many authors have dealt with the issue of clarity and understandability of the topic of mergers. Most of the research studies are aimed at studying the factors, which motivate the management of the companies to undertake the decision of merger and the benefits or the losses The study of mergers and acquisitions focuses on understanding what motivates managers to engage in this type of activity and the impact that mergers and acquisitions have on shareholder returns. Mostly the main aim of the companies for mergers could be empire building through growth in size, sales, and assets. 3 Mostly the motivation for the merger involve the increase in the market gains, the competitive advantage in shape of technological advancement, and the increase in the strength of the companies. In some cases the HR practices also improves as the result of these mergers. Efficiency improvements can be gained from synergy of target and bidding firms due to economies of scale and use of excess capacity. Recent studies stated that value creation couldn't be achieved in case of horizontal merger. 4 5 6 The entity formed by the merger of Granada and Compass, "Granada Compass", was 66.25% owned by Granada shareholders and 33.75% by those of Compass. The merger proposal said that prior to the IPO, Granada Media was expected to be capitalised with no net debt. At the end of March 2000, Granada's net debt was 1.9bn and Compass's was 1.1bn. In a joint statement Granada and Compass said that they expect their combined businesses to be "better placed to exploit the significant growth opportunities in each of its core markets and to benefit from the combination of its complementary businesses." 7 On the other hand the horizontal merger of Bell south and AT&T is expected to provide both the companies with the following advantages. Cross selling: Through the merger the companies become enable to sell their products to the customers of the other company. The natural combination of two will improve the services provided to the customers. Financial Benefits: The merger of both the companies will lead to a "financial benefits for stockholders of both companies; an expected net present value of $18 billion in synergies resulting from a more than $2 billion annual run rate in synergies expected in 2008, growing to $3 billion in 2010." 8 On the other hand the expected merger will lead to "accrete AT&T adjusted earnings per share in 2008, double-digit adjusted EPS growth in each of next three years (earnings adjusted for merger integration costs and amortisation of intangibles) and significant growth in free cash flow after dividends in 2007 and 2008". 9 Geographical or other diversification: Another advantage