Reflection Paper #1 Hostile vs. Friendly Takeovers In our first class‚ we reviewed merger‚ consolidation and acquisition. With these information in mind‚ I rethink about hostile and friendly takeovers. In my language‚ friendly takeover happens when a company (A) wants to buy another company (B). Company A firstly informs company B’s board of directors‚ then company A offers a price. Hopefully‚ company B will consider this offer carefully and make a decision whether to be bought. Usually not
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1. Using the company ’s cost of capital‚ the net present value (NPV) is the sum of the discounted cash flows minus the original investment. One of the major problems with Pan-Europa is their existing low stock price. In order to increase their value‚ they must take up projects that increase their stock values‚ including those that would allow them to increase gross sales that have been stagnant over the years. The values presented in Exhibit 3 allow us to compare these projects based on various factors
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Hostile take overs are when one company attempts to take over a company that doesn’t wished to be taken over‚ this is usually done by either the acquiring company attempting to buy out stakeholders or influence the management‚ or change‚ to get the deal approved. This can cause many problems for the business‚ such as contrasting cultures in the business which could lead to an unsuccessful business with multiple goals and the two companies could be heading in opposite directions. Also by acquiring
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Case Study PAN EUROPA FOODS S.A C. Opitz and R.F. Bruner By Your Name Table of Contents 1. 2. 3. 4. 5. 6. Executive Summary: The report is to provide the shareholders with the firm’s capital budget for the new year‚ 1993. 11 projects will be examined and discussed. Projects will be chosen based on the most needed and urgent projects and based on
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Pan Europa Foods * Question 1 * a. Strategically‚ what must Pan-Europa do to keep from becoming the victim of a hostile takeover? Answer: Pan Europa should not decrease the dividends of the shareholders to not devalue the stock price of the company. Instead should just decrease capital spending as what they board of directors have decided. In short‚ they should adopt strategies that should increase stock price not push it down to discourage buyout. b. What rows categories in Exhibit 2
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Case Study PAN EUROPA FOODS S.A C. Opitz and R.F. Bruner Table of Contents 1. Executive Summary 2. Problem Statement 3. Data Analysis 4. Alternative Analysis 5. Key Decisions Criteria 6. Recommendation 7. Action & Implementation Plan Executive Summary: The report summarizes Pan-Euorpa Food’s capital resource allocation budget for 1993 to present to stockholders. The board has presented 11 projects providing different needs and opportunities to grow the business. Exhibit
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products of Cadbury are bars‚ drinks‚ ice-cream and desserts‚ cakes and biscuits. The major competitors are Nestle‚ Mars‚ and Philip Morris. The first offer for Kraft to takeover Cadbury on September 2009‚ and the offer price was 10.2 billion pounds (BCC News‚ 2009). On November 2009‚ Kraft offered 9.8 billion pounds to takeover Cadbury‚ but Cadbury’s director rejected it (BBC News‚ 2009). On 19 January 2010‚ Kraft offered the final offer to Cadbury and the valued the entire issued share capital
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Pan-Europa Case Study Q1: In order to avoid a potential hostile takeover‚ Pan-Europa must keep current shareholders satisfied with company performance. The company must prove it is competitive and able to meet the short-term and long-term demands of the consumer through innovative product expansions‚ efficiency improvements‚ and modest market expansions. By doing so‚ the shareholders will retain their shares and not make them available to raiders like Carlo de Bendetti or the Flick brothers.
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Europa: Potential for life? In 1610‚ the famous scientist‚ Galileo Galilei‚ looked upon a tiny moon of Jupiter later named Europa. A tiny nondescript moon of Jupiter‚ it did not seem like an attractive place for life. Europa is known to be covered in ice and slightly smaller than the Earth’s moon. At first glance this tiny moon seems like an inhospitable place where life cannot exist. However lately the theory that life may be present in Europa has gained momentum. Despite the physical discrepancies
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Both Europa‚ Europa and Olivier‚ Olivier have shown how the uniqueness of man can reproduce the real into existence and use it to the benefit or harm of self and others. These two movies transform how through the man’s identity‚ he is able to recognize and take action into how what man sees in his reality that forms the identity of man. How Solomon Perel and Olivier adapt to the reality and transform themselves physically to survive and to give hope with their relationships while maintaining a
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