Furthermore, we can say that an increase of 1% in the BCGI reduces the cost of debt by 0.
Additionally, we can say that an increase of 1% in the BCGI increases firms' debt amount by 2.
Table 3, Panel A, presents the effect of bankruptcy law reform by itself and its interaction with the BCGI on the amount of firms' debt.
However, to analyze the theory that bankruptcy law reform and interaction between the legal reform and BCGI have positive and negative effects on the amount of debt, respectively, we also have to look at the variation of the debt and not only the impact on its level, since the variation is more sensitive to shocks because it is a flow variable instead of a stock variable.
Prior to BCGI
, she served as anchor senior vice president of sales and marketing at Appex, a leading wireless carrier service provider for roaming fraud control and billing, and one of the first automated roaming clearinghouses in the U.
Natural resources company First Bauxite Corporation (FBX) (TSX VENTURE: FBX) (Frankfurt:FBI) (Berlin: FBI) has entered into a Letter of Intent with Bauxite Corporation of Guyana Inc (BCGI) to acquire all of the issued and outstanding shares of BCGI, the company announced today.
First Bauxite said that it will immediately commence due diligence on BCGI and its rights to the property.
In exchange for the BCGI Shares and its right to the property, FBX will issue to the shareholders of BCGI, an aggregate of 2,000,000 common shares in the capital of FBX.
Specifically, BCGI shareholders will receive, on the date the acquisition is completed, an aggregate of 2,000,000 FBX shares, which will be distributed to the BCGI shareholders pro rata to their holdings in the common shares of BCGI on the date of completion of acquisition.
has an initial allocation of 60 percent to the Bache Biofuels Composite and 40 percent in the Bache Clean Air Composite.
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the expected timetable for completion of the transactions described above, the perceived benefits to BCGI shareholders and customers, management plans relating to the transactions, the parties' ability to complete the transactions, and the anticipated impact of the transactions on the parties, including Megasoft's future operating results.
In addition, BCGI filed on July 30, 2007 a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC related to the tender offer.