I have a Pinkerton Case due. I have done the number crunches for the part A and am summarizing my analysis. Could you please help resolve the questions for both Part A and Part B? Appreciate it!

Questions: Part A: 1.How can Wathen justify a $100 million bid for Pinkerton? Value Pinkerton using DCF and multiples. What are the synergies in this deal and what are they worth? 2.What issues should be considered in bidding for Pinkerton? Are any of the synergies unique to Wathen? 3.If Wathen proceeds with a $100 million bid for Pinkerton, should he finance the acquisition with debt or equity? Why? 4.How should Wathen respond to Morgan Stanley? Part B: 1.Is $16 per share a fair price for Pinkerton to receive for its common stock? 2.How expensive is the Berkeley subordinated debt? 3.Assume that the January 1990 IPO refinancing does not take place. Can Pinkerton service its existing debt and stay within the debt covenants? If permitted by MHTC, could Pinkerton pay dividends so that Wathen could solve his financial problems? In view of your analysis of the questions above, what is your recommendation regarding the IPO? As management? As the principal shareholder