Cooper industries, inc the management of cooper industries, inc, is considering whether to acquire the nicholson file company, a leading manufacturer of hand tools the nicholson family and other members of the management group own about 20% of the nicholson stock the remainder is publicly held. Cooper industries was organized in 1919 as a manufacturer of heavy machinery and equipment by the mid-1950s it was a leading producer of engines and massive compressors used to force naturalgas through pipelines and oil out of wells. Cooper’s subsidiaries that held class a and class b shares of cooper industries24 per share95 57 which was incorporated under the laws of ireland on june 491 3 $62 2011 form 10-k 13 656 record holders of cooper common shares00 4129 a share per quarter ($1.
The solution for the cooper industries case study contains 2 files, a 1,900 word file and a financial analysis in excel below is the table of contents for the paper and the schedules in the financial analysis. In a business-related scandal (cooper) what had an even bigger blow was the death of his much-loved wife, alice hathaway lee, whom he had married after graduating from harvard and also the death of his mother (roosevelt cooper. Check out director of technology services profiles, job listings & salaries review & learn skills to be a director of technology services.
Is nicholson file company an attractive acquisition target for cooper industries and what price should they offer as per our calculations the value of nicholson comes to be $6436 while the book value is 5125this shows that as the share price is being undervalued the acquisition will be profitable and hence cooper should acquire nicholson. Cooper industries inc based on the given information in the case study regarding the acquisition of nicholson file company by cooper industries, there is no question that cooper should try to gain control of nicholson. Cooper industries case solution if you were mr cizik of cooper industries, would you try to gain control of nicholson file co if i was mr cizik, then i woulddefinitely try to gain control of nicholson file co because it would be an opportunity for meto leverage complementary product offerings between cooperand nicholson. Caso cooper industries 1- ¿es nicholson una adquisición atractiva (del punto de vista estratégico y financiero) para cooper desde el punto de vista estratégico consideramos que nicholson caso harvard - el caso de las industrias no identificadas. Cooper only owned 29,000 shares and needed a total of 292,000 shares to gain a majority nicholson and unaccounted shares the nicholson family and management owned 117,000 shares however, the speculation was that 150,000-200,000 of the unaccounted for shares would vote with the nicholson family.
Cooper industries inc hbs 9 274 116 the management of cooper industries, inc, is considering whether to acquire the nicholson file company, a leading manufacturer of hand tools the nicholson family and other members of the management group own about 20% of the nicholson stock the remainder is publicly held. Cooper industries, inc nicholson file early in 1972 nicholson file had to stave off a take over attempt by hk porter company inc which controlled 305% of the company's stock porter made a cash tender offer to stockholders. Feel free to get exclusive help, expert assistance and free remodeling quotes using the form on the right which means you can relax and feel safe because you are in trusted hands in littleton we promise to get back to you today and answer any of your questions bathroom, kitchen, attic, basement remodel.
9-274-116 rev november 10, 1993 thomas r piper cooper industries, inc in may 1972 robert cizik, executive vice president of cooper industries, inc, was reviewing acquisition candidates for his company’s diversification program. Students: tell your instructors about the savings at hbspharvardedu business bookshelf summaries and excerpts of the latest books, special offers, and more from harvard business review press. Analysis of cooper industries, inc 1 if you were mr cizik of cooper industries, would you try to gain control of nicholson file company in may 1972 in may of 1972, mr cizik is faced with a decision to try to gain control of nicholson file company.
Cooper industries inc is the manufacturer and leading producer of engines and big compressors for oil and gas extraction industry the firm had been heavily dependent on oil and gas sector for its sales and major earning fluctuations due to cyclic nature of industry concerned its management. The executive president of a major industrial company must decide 1) whether to acquire a small hand tool company and, if so, 2) the value and form that the acquisition package should take. Merger & acquisition harvard case study cooper industries, inc march 2016 – march 2016 • examined financial statements of nicholson, and made projection of financial statements for six years.