This case follows the valuation and negotiation process Wally Camp underwent. The (A) case starts with a description of the business and Wally's assessment of the problems with its current management. Then the case describes the valuation of the company's assets and ends with a valuation decision.

The B case reveals Wally's bid for King & Roberts, which has rejected and tells how Wally resubmitted the same offer and persuaded the owners to sell at that price.