summary to sum up analytical results and recommendation. (10%) (2) Review the projections formulated by Liedtke. Are they appropriate? How would you recommend modifying them? (15%) (3) Estimate the present value and internal rate of return for the Mercury acquisition using a discounted cash flow approach and Liedtke’s base case projections. Clearly indicate and justify the values used for all relevant cost of capital calculations and defend any assumptions that you felt were necessary. (20%) (4) Perform
Words: 278 - Pages: 2
------------------------------------------------- Mercury Athletic Footwear: Valuing the Opportunity By Christian Daba Submitted To John Katkish Background West Coast Fashions, Inc has decided to sell one of their segments, Mercury Athletic in the context of a broader reorganization. The head of the business development for Active Gear, Inc(AGI), John Liedtke, views this event as a good opportunity to acquire Mercury Athletic. Acquiring Mercury, to a large extent, is driven by that Mercury would double Active
Words: 1047 - Pages: 5
1 The Value of Synergy Aswath Damodaran Stern School of Business October 2005 2 The Value of Synergy Many acquisitions and some large strategic investments are often justified with the argument that they will create synergy. In this paper, we consider the various sources of synergy and categorize them into operating and financial synergies. We then examine how best to value synergy in any investment and how sensitive this value is to different assumptions. We also look at how this synergy
Words: 15748 - Pages: 63
(WCF) was a large business, which dealt with men’s and women’s apparel. One of their segments was Mercury Athletic Footwear. WCF wanted to dispose off this segment. They just wanted to divest because they wanted to focus more on their core business and move it up to the elite class. John Liedtke was the Business Development Head at that time in Active Gear Inc. He had a clear idea that acquiring Mercury will shoot up AGI’s revenues for sure. It would also ensure an expansion of the key business. In
Words: 2212 - Pages: 9
Mercury Athletic Footwear: Valuing the Opportunity Team 10 / Mergers and Acquisitions West Coast Fashions, Inc (WCF) was a large business, which dealt with men’s and women’s apparel. One of their segments was Mercury Athletic Footwear. WCF wanted to dispose off this segment. They just wanted to divest because they wanted to focus more on their core business and move it up to the elite class. John Liedtke was the Business Development Head at that time in Active Gear Inc. He had a clear idea
Words: 2227 - Pages: 9
Title: American muscle Purpose: After listening to my speech my audience will be familiar with the three American muscles of the 60’s. Thesis: Although there were many American Muscles cars created in the 60’s only three were widely recognized. I. Introduction A. Attention Getter: A loud roar is heard in the distance as the driver revs his engine. Eight cylinders of Intense power with its five speed transmission. Cars that are meant to be raced and compared to each other
Words: 970 - Pages: 4
History Venus was formed 4.6 billion years ago along with the Sun and the solar system. Large amounts of dust and gases accumulated over many years to form the planet. Venus is thought to be the result of a large collision. This is due to the fact that Venus rotates differently than the other planets in our solar system. Venus is commonly referred to as Earth's "sister planet" because of their similarity in size as well as a similar gravitational force. Although Venus and Earth share some similarities
Words: 680 - Pages: 3
treated, stored, transported, or disposed of can be derived from the wiring, circuit boards, smaller electronic parts such as chips, monitors, and so forth. In addition, many of these electronic parts release severely dangerous chemicals such as; lead, mercury, zinc, silver, chromium, etc. There are many factors in which hazardous waste can affect us such as the following: - A large amount being released at once - Toxicity - Level of exposure/contact - Who particularly is exposed - Concentration/dose
Words: 570 - Pages: 3
Myopia is defined by Merriam –Webster dictionary as “a lack of foresight or discernment: a narrow view of something” (“what is marketing myopia?). In terms of marketing this is demonstrated by a company displaying short sightedness and an inward approach that keeps the focus on the specific needs of the business rather than its products or the customer’s satisfaction. This phenomenon can destroy companies if it is not addressed immediately. A good example of marketing myopia would be Ford Motor
Words: 389 - Pages: 2
1. Why has NASA sent recent orbiters to Mars (such as Mars Reconnaissance Orbiter) on trajectories that required them to skim through Mars's atmosphere before settling into their final orbits? | | It saves money because the spacecraft uses atmospheric drag to slow down rather than needing to carry enough fuel to slow by firing rocket engines. | | | Each spacecraft also carried a lander, and the lander could only be dropped to the Martian surface when the spacecraft passed through the atmosphere
Words: 827 - Pages: 4
