Unformatted text preview: The project should identify the stated motivation for the merger/takeover, and look for evidence of corporate governance problems with either the acquiring firm or the target. Valuation : The report should value the target and bidder firms. The group should identify and explain any deviations between the traded and the estimated value of these firms. Consideration will be given for the sophistication of the valuation approach taken. Event Study : The project will benchmark the stock returns for the bidder and target firms involved in the takeover/merger, and explain any major stock price adjustments. Stronger consideration is given for projects demonstrating an understanding and estimation of the statistics and estimates used in the project. Writing and presentation style (25%): for the professional quality (in writing and presentation, not in binding or color graphics) and conciseness of the project....
View Full Document
- Spring '08
- Dr. Thomas Cottrell, ELECTIVE DETAILED PROJECT, equally weighted criteria, 5-page summary