Dear Students, as part of LCA sessions, in the coming week, you have two cases to read. I am sure you
would have started reading the same. Please prepare your responses (as a powerpoint presentation) to the
following questions (new question on a new slide) and make two files (.ppt) for the two cases and upload
it in the links sent to you. They shall be evaluated as part of your assignment and I shall randomly ask a
student to present his/her deck. This is an individual assignment and there will be a plagiarism check.
Please be prepared. We shall cover the cases in the following order:
I.
Study Questions for Mariott Corporatioin (A):
1. Why is Marriott management proposing project Chariot? What is it trying to accomplish?
2. What is the likely impact of project Chariot on the wealth position of the shareholders?
3. Should Management be concerned by the loss of market value of the bonds if project Chariot is
implemented?
4. Is project Chariot a matter of survival for Marriot in the fall of 1992? The Excel work book allows
you to estimate whether Marriot will be able to service its debt, given your assumptions about future
profitability, revenue growth, and property sales. Please see case Exhibit 6 for summary statistics on
Marriott’s past performance.
5. Would you recommend the implementation of project Chariot?
II.
Study Questions for PeopleSoft fends off Oracle’s Hostile Takeover
1. Was Oracle serious about its bid?
2. Is the CAP in the interest of shareholders
3. What is the legal tenability of CAP?
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