Upcoming EBC Lecture discusses reverse mergers
In the upcoming Engineering, Business, and Computing (EBC) Division Research Interest Group lecture, Dr. Khaled Abdou, Assistant Professor of Financial Services at Penn State Berks and Dr. Sudip Ghosh, Associate Professor of Business at Penn State Berks, will present “The Anatomy of Reverse Mergers: Why Foreign Firms Target the U.S. Market” Their discussion will take place on Wednesday, April 18, 2012, at 1 p.m. in the room 244 of the Gaige Technology and Business Innovation Building. This event is free and open to the public, and light refreshments will be served.
In this presentation, Abdou and Ghosh will discuss their investigation on why foreign private firms acquire a publicly traded U.S. shell target and their process in this action. Private firms often use reverse merger (RM) as means to gain access to new capital markets, and it is expected that the return of the newly formed company will grow over time.
The EBC Research Interest Group features Penn State Berks faculty and visiting experts who conduct research on a wide variety of topics. Topics are of broad and general interest and are accessible to the non-expert.
For more information, contact Dr. Jui-Chi Huang, Chair of the EBC Research Interest Group and Assistant Professor of Economics at Penn State Berks via e-mail at JXH74@psu.edu.