Faculty News
Prof. Robert Salomon on IBM's sale of its chipmaking business to GlobalFoundries
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Excerpt from Marketplace -- "'If you only look at the headline cash number, you are missing a lot of the story,' says Rob Salomon, professor at the NYU Stern School of Business... 'As a matter of fact, there’s another example where this happened, which is Daimler-Chrysler’s spin-off of Chrysler. In effect, Daimler paid Cerberus to take Chrysler off its hands,' Salomon says."
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