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this is a lecture from open tuition to benefit from the lecture you should download the free lecture notes from open tuition comp this is the first of two lectures on corporate reorganization and capital reconstruction schemes and this is reasonably popular in the exam the reason Im having two lectures the first one is just talking no calculations talking about what we mean and why there might be a reorganization or reconstruction but then I will go through an arithmetic example a calculation question ask x-none question to show you the approach Ill say more about that when we come to it but first of all the discussion side of it now part of this is simply terminology but youll see the first bit to wrap the whole thing down Ive mentioned D mergers sell off some bundling asset stripping all of these are really splitting the company up we might I may have a uh-huh we may have a large business with various different areas involve different types of product different types of business