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Answer all (6) questions How does Torrington fit with the Timken Company? What are the expected synergies? What is your stand-alone valuation of Torrington? Be
Answer all (6) questions
- How does Torrington fit with the Timken Company? What are the expected synergies?
- What is your stand-alone valuation of Torrington? Be prepared to explain and justify all the major assumptions used in your estimate.
- What is your with-synergies valuation of Torrington? Be prepared to explain and justify all the major assumptions used in your estimate.
- Should Timken be concerned about losing its investment-grade rating? How do Timkens financial ratios compare with those of other industrial firms in 2002? How would those ratios change if Timken borrowed $800 million, for example, to buy Torrington?
- If Timken decides to go forward with the acquisition, how should Timken offer to structure the deal? Is Ingersoll-Rand likely to want a cash deal or a stock-for-stock deal?
- What are the risks for Ingersoll-Rand of accepting Timken shares for some or all of the consideration?
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Financial Accounting Reporting Analysis And Decision Making
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
5th Edition
9780730313748
