in TSC Industries v. Northway Inc . The court held that a company must disclose information if “[t]here is a substantial like likelihood that a reasonable investor would have found the omitted information important or that the missing facts would have altered the ‘total mix’ of information available to the investor.” Thus, a matter is generally thought of as “material” if a prudent in
2. 예문과 함께 보는 필수 200 어휘
TOEIC VOCABULARY
(1) launch : (사업 등을 ) 시작. 착수하다
She is launched on a new business.
(그녀는 새로운 사업에 착수하고 있었다.)
(2) merge : 합병하다. 합체시키다.
The two companies were merged in the new company.
(이 둥 회사는 합동하여 새 회사를 만들었다.)
(3) takeover : 인수
I j
in bankruptcy danger as well as they couldn't settle their debt if legal and institutional rescues aren't enforced. Also, They said that they had possibility of bankruptcy even if state allow the raising of costs, because cash flow was not enough.
So they filed for bankruptcy protection from creditors because of unreimbursed power costs that were running at more than 300 million dollar a month.
in favor of smaller, more fuel-efficient sedans. Asian and European automakers are seeing this as an opportunity to increase their influence in the U.S. auto market.
Moreover, all U.S. automobile manufacturers have increasingly struggled over the last several years due to increased competition from foreign manufacturers with lower wage, healthcare and benefit costs.
The Harsh Reality
The
1) Rivalry among Competing Sellers: Fierce to Strong
(1) Big Three U.S. Companies
Automobile companies are facing vigorous battle in North America, and some companies have to deal with their net loss and huge amount of debt. General Motors Co., Ford Motor Co., and Chrysler Group LLC, so called ‘Big Three’ in automotive industry got through major crisis in 2008, and GM ended up filing