The report will try to highlight future business strategies available for both companies.Dupont is a renowned American chemical company. The company is headquartered in Wilmington, Delaware, USA. It was founded by Eleuthère Irénée du Pont in the year 1802. They are one of the top 500 Fortune corporations. Dupont is the largest chemical corporation in the country. The company was the first commercial gun powder producer in the country. The total market value of the company has doubled in the last few years. The company has achieved a profit margin of 241% in the year of 1998 (Leemann, 2002).Hickory Tech is a small public corporation in the USA. The company is headquartered in Mankato, Minnesota, USA. The company was founded in 1898. The company offers integrated telecommunication solutions to customers. The company specializes in a multi-level fiber network. The telecommunication company also offers customer management systems and carrier access billing solutions for different domestic companies. The company has a subsidiary known as Enventis. The subsidiary offers network communication solutions, integrated voice, and data processing for corporate customers. Hickory Tech is a gold-certified partner of Cisco. The company is trying to expand business in the field of high-capacity transport services (Hickory Tech, n.d).Dupont is trying to diversify the business. Recently the company has acquired Danish enzyme manufacturing company Danisco for $5.8 Billion. The value of the share has increased for Danisco from $91 to $115 after the acquisition. Dupont wants to enter into enzyme market for two reasons. 1- The enzyme market is attractive in terms of future growth. Enzymes can be used to manufacture different chemical products like animal food, detergents, organic food, and many more. 2- Enzymes can increase the volume of chemical yields. The usage of enzymes will reduce the input cost.
Merger Acquisition and International Strategies