Written assignment - CORPORATE FINANCIAL MANAGEMENT 2
Merger or acquisition - a case study.
This is a group assignment of the master course Corporate Financial Management 2
The work is a necessary condition for obtaining your CREDIT (ZÁPOČET) before the final
exam.
The project consists of an analytical report and a PPT presentation.
Please send the finalized report and PPT presentation to
(ODEVZDÁVÁRNA) of this subject by December 6, 2013 at the latest.
MAIL
BOX
Your presentation will take place on the last tutorial by December 19. 2013.
Students must submit both parts of the work: the final report and the PPT presentation.
Instructions:
Describe and analyze the case of a corporate merger or acquisition in the non-financial sector.
You can choose a Czech or an international deal.
1.
Describe both parties to the deal:
– target company and the acquiring company in the case of an acquisition,
– both merging companies in the case of a corporate merger.
2.
What justification of a merger/acquisition was presented to the public? Do you feel
there might have been any other reasons for this merger/acquisition?
3.
How the merger/acquisition was financed (which instruments were used)?
4.
What was the impact on the share prices of the two companies? Did the price follow a
similar pattern as in event studies of market efficiency?
5.
Did the merger/acquisition have an impact on the financial structure of either of the
companies involved?
6.
In your opinion, did the merger/acquisition create any additional value?
A. Assignment paper
The essay should be longer between than six and ten pages (approx 4000 words) including
graphs and charts you can include as illustrations.
Your essay should be structured as follows:
1. Executive Summary
2. Main Text – this is core material of your essay, and it should include:
 3-4 subheadings
 One real case study
 Diagrams or graphs, where appropriate

3. References

List of used resources (literature and web sites) in Harvard referencing format.
B. Presentation
Prepare approximately 10 min presentation of your research consisting of approx 6-8 slides.
Your presentation will take place on December 19. 2013. In presentations both members
of the team must be presenting.
Please, reserve your time for presentation of your assignment with the instructor by
December 6, 2013 at the latest. The times offered are in the table on the last page of this
instruction.
Sources:
Stephen A. Ross, Stephen A. Randolph W. Fundamentals of corporate finance. 6.
ed., ch. 29 or
Brigham, Eugene F. Financial management: theory and practice. 13th ed., ch. 21
University library
Sources on the web
Please use Harvard referencing format for you citations. This format can be found on
http://libweb.anglia.ac.uk/referencing/harvard.htm
The list of used literature must be added to your work.
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Presentation of assignment work CFM2 - December 19, 2013 - timetable
Group time
Name Student 1
Student 2
Company 1
Company 2
Instructor: Dr. Katerina Kalinova, PhD.
1
10.30
2
10.45
3
11.00
4
11.15
5
11.30
6
11.45
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Presentation of assignment work CFM2 - December 19, 2013 - timetable - continue
Group
Time
Name Student 1
Student 2
Company 1
Company 2
Instructor: Doc. Ing. Irena Jindrichovska, CSc.
7
12.00
8
12.15
9
12.30
10
12.45
11
13.00
12
13.15
13
13.30
14
13.45
Please, reserve your time for presentation of your assignment with the instructor by
December 6, 2013 at the latest.
The first exam term of CFM2 is scheduled on December 19, starting at 15.00
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