Question
Hi, I am really struggling with this hw assignment. The two articles for it are in the links below. https://www.wsj.com/articles/SB10001424052748703338004575230112664504890 http://sloanreview.mit.edu/article/beyond-selfishness/ Assume that you are
Hi, I am really struggling with this hw assignment. The two articles for it are in the links below.
https://www.wsj.com/articles/SB10001424052748703338004575230112664504890
http://sloanreview.mit.edu/article/beyond-selfishness/
Assume that you are the cheif financial officer for a mutual fund that owns a significant number of shares of New England Wire and Cable. Your task is to consider the arguements made by each side (Mr. Jorgenson and Mr. Garfield) as well as the additional information provided in the two supporting documents you have recieved. After careful consideration, prepare a concise report to give to your CEO. In the report evaluate the legitimacy of both arguements, condisdering both your Mutual Funds responsibility to maximze shareholder welath and the impact that accepting the tender offer and closing the cable divison has on the workers and the community.
Once both posisitions have been evaluated, complete the report by making a clear, well-reasoned recommendation to either reject the tender offer, keeping the cable divison operating, or to accept the tender offer, closing down the divison.
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