Interco Case

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Title: Interco Case

Essay Details:

Subject: Business

Author: John B

Date: September 2, 2015

Level: University

Grade: A

Length: 5 / 1247

Essay text:

Sales in 1988 increased by 14.7% in the furniture division and 34.2% in the footwear division. Despite the promising nature of these two divisions, Interco still had to contend with the nagging issue of the underperforming apparel and general retail groups. Due to a number of factors including declining consumer spending and aggressive competition from other retailers, overall performance of both these groups was fairly unexceptional. Profits were down by 3.7% for the retail division. There were a number of characteristics that made Interco a coveted target for hostile takeover attempts. It was widely recognized by the market that their stock was undervalued...

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