Making a great acquisition! You work as an investment banker for a prestigious investment bank. The recent market crashes convinced you that there are good opportunities of Merger and Acquisition in the stock market. Therefore, you decide to conduct research to identify such an opportunity: 1. In your favorite industry, identify a firm with strong growth potential and solid financial strength. 2. For this firm, you would like to find a great target firm to acquire. a. Is it better to pursue a vertical acquisition and a horizontal one for this firm? b. Identify a few promising candidate firms as potential targets. How are those firms fit in terms of products/services, comparative advantages, management, and financial performance? c. Select the best candidate and propose a financing strategy for this acquisition. Do you plan to pay the target firm's shareholders with cash, stocks or a combination of both? Are you going to finance the acquisition by issuing additional shares or by borrowing money from banks or issuing bonds?