個案資料
了解個案內容與學習目標,選擇授課教師及使用課程。
Colt Industries
內容大綱
Students must estimate the selling price of Colt stock on the day following the announcement of a drastic financial restructuring, estimating the value of the debt's tax shield. Colt stock has been selling for $66.75 per share, and Colt has just announced a plan calling for shareholders to receive $85 and one new share of stock in the recapitalized Colt for each share of existing stock held. The cash payout is to be financed by issuing $1.5 billion of new debt.