1. Compute the WACC.

2. Forecast FCFs and perform a DCF valuation.

3. Use the dividend discount model to compute the implied stock price.

4. Perform comparable analysis to find the company's valuation.

5. Should the remaining NOL's shareholders accept the offer of SG1.30 per share?

6. As a shareholder, what concerns would you have about this acquisition? What actions would you take?

7. What did NOL's bond prices drop following the announcement of the acquisition?

8. Why did the individual NOL's bonds react differently?

9. Why did CMA CGM's bond prices fall?

10. If bondholders lost, who gained?