In 1966, the company merged with ‘Gulf and western industries’ and became part of that conglomerate. In 1981, the former officials of ‘Gulf and western industries’ bought out ‘New Jersey Inc’ and made
it a subsidiary of Horsehead Industries, Inc.
In the 1940’s, the firm became a large player in mergers and acquisitions, particularly in the…
In the fall of 1977, Michael Stephens, sole proprietor of Stephens Construction, asked Warren Sanders, a local real estate broker, to find a large piece of land that would be suitable for development into a single family residential project. Sanders located several parcels and found a homestead staked and owned by Robert and Arlene Cross. Sanders contacted and met with Robert Cross in February of 1978 and stated that he was looking for land for a developer and had asked Cross to sign a listing agreement, but he refused. In September of 1978, Anders contacted Cross again and showed an offer from Stephens. Cross rejected this and two following offers.…
MetalWorks purchased a competitor, which operated a manufacturing facility in Dover, Delaware. MetalWorks decided to keep…
I think that the owner does need to know a medium amount of knowledge because he needs to be able to handle things wisely. What you know is what you can do.…
Managers are most likely to step across ethical and legal boundaries when the pressure to perform is great. Pressure can be healthy but companies that set high-performance targets and grant large rewards for achieving these must have strong control systems to ensure that people are not tempted to cross boundaries. What are the four important control systems? Please identify each control by name.…
2. Evaluate Jefferies pricing considerations for the upgrade. Are there other pricing factors that Jefferies might consider?…
was a tier 1 manufacturer of original and after-market parts for automobile producers in the United States and abroad…
Assignment: Your team’s task is to recommend to the Board of Blaine Kitchenware (BKI) whether the firm should undertake the leveraged recap. In doing so, please address the four questions below. Teams 1-6: your task is to recommend for a leveraged recap with quantitative and qualitative support Teams 7-13: your task is to recommend against a leveraged recap with quantitative and qualitative support Along with a signed copy of the Marshall Honor Code, submit a hard copy case report of one-page, single-spaced executive summary, summarizing your analysis and recommendation(s), followed by up to five-page legible appendices of supporting calculations, analyses and reference. Note: An excel file with case exhibits 1-4 has been posted on Blackboard. You can only use this file (which contains copyrighted materials) for our class purposes and you may not copy or post the file on any other medium. Objective: This case is designed to provide you with the opportunity to apply financial analysis to critical financial decisions. We will apply various capital structure and payout theories to a leveraged recap decision by 1) examining issues involved in determining the appropriate capital structure, especially as it applies to enterprise and equity valuation; 2) analyzing the impact of the leverage on the weighted average cost of capital of the firm. You might find Chapters 3, 4, 7, 12 and 14-16 of our text useful. Possible concepts used: EFN, growth rates, financial ratios, financial leverage, MM propositions and tradeoff theory, pecking order theory, agency cost theory, share repurchase, special cash dividends, enterprise value, debt and equity value, WACC, cost of debt, cost of equity as well as the CAPM. Questions: 1. Is Blaine Kitchenware, Inc. financially sound? In particular, is the firm profitable? What is the firm’s sustainable growth rate? How is the company currently…
The atmosphere in a Trident nuclear submarine is generally calm and quiet. Even pipe joints are cushioned to prevent noise that might tip off a pursuer. The Trident ranks among the world's most dangerous weaponsCswift, silent, armed with 24 long‑range missiles carrying 192 nuclear warheads. Trident crews are the cream of the Navy crop, and even the sailors who fix the plumbing exhibit a white‑collar decorum. The culture aboard ship is a low‑key, collegial one in which sailors learn to speak softly and share close quarters with an ever‑changing roster of shipmates. Being subject to strict security restrictions enhances a sense of elitism and pride. To move up and take charge of a Trident submarine is an extraordinary feat in the NavyCfewer than half the officers qualified for such commands ever get them. When Michael Alfonso took charge of the USS Florida, the crew welcomed his arrival. They knew he was one of themCa career Navy man who joined up as a teenager and moved up through the ranks. Past shipmates remembered him as basically a loner, who could be brusque but generally pleasant enough. Neighbors on shore found Alfonso to be an unfailingly polite man who kept mostly to himself.…
Sara Lee Corporation uses primarily a related diversification strategy. Note that questions 5 and 6 will be discussion only; no written answers required.…
They have made advertisements waging product wars against Ivory in a stiff competition to take over the personal care market…
Data Trappers, Inc. (DTI) is an SEC registrant headquartered in Seattle, Washington. DTI delivers security solutions to assist companies in monitoring their systems, managing information security risk and maintaining robust information security programs. Their computer software offerings encompass network and information security, network operations, cryptography, and privacy, among others.…
Acquired Transportation Division of Consolidated Metal Products Corporation, Albany, New York, and moved operations to Owosso, Michigan, Division…
This marked the real transformation and reposition of the company. It changed hands a couple of times and was finally acquired by The Limited, a clothing retailer.…