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In short, as it reads in the company's regulatory filing: "Our data science capabilities fuel our business". Stitch Fix plans to use the proceeds to increase its capitalization and financial flexibility, for general corporate purposes and potentially for acquisitions.
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As CEO of General Electric, Jack Welch in a mere 19 years increased its capitalization from $15 billion to more than $500 billion, the highest in the world at that time.
Fonix said it planned to increase its capital by $55 million -- more than twice its current market capitalization -- in part to pay for some Lernout assets; it did not say how it planned to raise the money.
The deal also will boost the company's market capitalization, increase its liquidity and open it up to more investors.
Igen's stock rose 13.7percenttodayay to $39.10 a share on news of the talks, increasing its market capitalization to $929 million.
Having only paid $5 million for DT, STW would have increased its market capitalization by $5 million the day after the acquisition.
With a market capitalization of about $20 billion, BSkyB offered News Corporation a platform to increase its stake in the lucrative pay-TV business while reducing the importance of its legacy, and problematic, newspaper assets.
"increase its bottom line".
Since then, Microsoft has increased its workforce by about a third and its market capitalization has more than doubled, from about $350 billion in November 2014, when McLean's story appeared, to more than $800 billion today.
And he noted that Seagram had increased its "enterprise value" -- in this case the combined value of its stock market capitalization, based on the offer price, and debt -- from $15 billion in 1995 to $41 billion.
Do you buy that? A. The stock market has seen its capitalization increase by at least $1.5 trillion in the last two months.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com