Interco Business Case

The learner can: 1.1 Discuss the nature of data and information 1.2 Evaluate relevant sources of data and information 1.3 Discuss the criteria for selection of data and information 1.4 Identify the legal requirements relating to the collection, use and storage of data and information

There is the fear that there won’t be synergy or the integration of different organizational designs and cultures might clash. The premium that will be paid is based on future expectations of synergies. If synergy fails, the premium of $6.6 billion dollars will be money lost, so that is cause for concern and have another look at this acquisition. To be able to have a successful merger and acquisition, there are phases that you go through thoroughly to make sure the right decision was reached. In the book Valuation: Measuring and Managing the value of Companies, the authors noted the following (Evans, 2000 P. 7):

The Association of Intercollegiate Investment Clubs (ACIIC) provides three key benefits; developing and enhancing students through mentorship, encouraging the development of interpersonal skills through collaboration and bridging the gap between the capital markets and university students. These benefits are precisely the reason why I am pursuing the ACIIC so ardently. With recruiting cycle underway, I am interested in exploring the skill development and recruiting preparation analyst tracks to help better understand how to do well in this cycle. Furthermore, I think there is a lot of value in the alumni network of the ACIIC, given the high caliber of students that have gone through the program.

Whenever I am asked where I am from I always respond, “South Texas”. People will reply with a question, San Antonio? , and I usually have to clarify that I am south of San Antonio, about four hours away no San Antonio is not south texas, the Rio Grande Valley is south texas. In the Rio Grande Valley there is a town named Weslaco around five minutes from the border of Mexico. We live in a community swarming with Mexican culture. Our city’s population is approximately 36,000 and from this population about 85 percent is composed of Hispanics or Latinos. As if we are our own country we have our own language which consists of Spanish, English, and Spanglish. We are knee deep in culture so it is easy to be against the norms in our community, and personally I have dealt with this problem.

* Compute the value with leverage, VL, by discounting the free cash flows of the investment using the WACC.

CTC is definitely a company worth investing in. Due to the fact CTC is such diverse company no retailer in either the ‘brick and mortar or online’ sector competes directly with CTC. With so many departments and offerings for clients CTC is almost guaranteed to always be in a position of success because if one of its sectors were to experience any downfall there is a strong support system in place with its other offerings and strong and reliable history. A relatable way to truly appreciate the stable state of CTC is provided to the public on their website and listed as ‘Fun Facts’. Some of these facts that are the most interesting include: “The Canadian Tire Family of Companies sells enough rolls of hockey tape to connect Victoria and Halifax

The previous 959.6m Amoco shares will convert into 633.336m shares of BP ADS equivalent, with the previous 965.6m ADS shares, BP shareholders will take part 60% of the new company, still have majority control over the firm. In this deal, we paid for about 20% premium, which is quite standard and normal. Because synergies from revenue and chemical divisions’ combination are not estimated nor not expected to bring benefit, the main synergy from the merge is 2 billion dollars saving of pretax operating cost. The value we create for our shareholders is $14,840.06 million (Amoco stand-alone value $46,430 million+ synergy $2 billion – price paid for Amoco $33,538.94). But this number is quite sensitive to a lot of factors, such as future energy demand, oil and gas price, industry growth potentials, ultimately affecting Amoco’s stand-alone and synergy valuation. Please

Bill Fender, president of Flinder Valves & Controls Inc. (FVC) and Tom Eliot, CEO of RSE International are trying to determine final details on RSE acquisition of FVC. Formal conversation have been going-on for approximately 3 months. During this time they and their respective advisors have:

For the WACC project, I chose to do on CVS pharmacy and they operate in the healthcare industry. CVS together with its subsidiaries provides integrated pharmacy healthcare services in the United States. The cost of equity is 10.21% and the cost of debt is 4.67%. Beta of 1.058 was used to calculate cost of equity. This value was obtained after I averaged value of beta from three sources – 1.17 from Yahoo Finance, 1.00 from Google finance and 1.004 from regression analysis. WACC for CVS is 10.27%.

“Assess own leadership behaviours and potential in the context of a particular leadership model and own organisation’s working practices and culture using feedback from others”

‘Critically discuss the Basic Skills Component Domains within the Children and Young People’s IAPT Project and the challenges in applying them in your service.’

5. Assume that RSE considers paying for the acquisition by issuing additional common stock (a share-for-share exchange) and the current market price of RSE’s stock accurately represents the value of RSE’s stock. What range of exchange ratios could RSE offer to FVC and still benefit from the deal?

The acquisition premium is the difference between the actual costs for acquiring a target firm versus the estimate made of its value before the acquisition. On May 1st 2008, FVC’s market value was worth is $39,75 (price close in exhibit 6) x 2.440.000 shares = $

reasonableness of the asking price and the likely effects of the acquisition on Brown-Forman’s share

*This will make the intrinsic value of eBay about $59.5 million, should eBay decide to issue the 3.5 million shares. This $59.5 million will be very beneficial for eBay's future growth. (Exhibit 2)