3a. Acquisitions and financing " " Describe Aristocrat's three major acquisitions since 2014. Discuss the economic reasons for the major acquisitions. How did investors/the stock price react to the acquisitions? Did the acquisitions add value to Aristocrat? Were they consistent with Aristocrat's strategic goal? " Focus on Aristocrat's major acquisition in 2014. - - Describe the financing of the acquisition. Evaluate the financing choice on Aristocrat's distress/credit risk, leverage ratio, interest cover ratio, future financing flexibility, and dilution of shareholdings.