Instruction
1. Identify a merger or acquisition that was completed in the last few years. This may be a cross-border acquisition or a U.S.-centered one. A couple of possible sources for this information are Reuters’ online M&A section or Yahoo! Finance’s U.S. Mergers and Acquisitions Calendar.
2. Be prepared to answer the following questions:
¬ Describe the environment for this arrangement at the time it was completed, Using concepts I the text, focus on management’s representation to shareholders, the industry environment, and the overall rationale for the deal.
¬ Did the acquirer pay a premium for the target firm? If so, how much? In addition, search for investor comments regarding the wisdom of this agreement. Attempt to identify how the market reacted at the announcement of the deal.
¬ Describe the merger or acquisition going forward. Using the concepts from the text such as but not limited to:
⎫ The reason for the merger or acquisition
⎫ Were there problems in achieving acquisition success?
⎫ Would you categorize this deal as successful as of the time of your research?
Give the reasons why or why not