Essay About Cooper Industries

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Issue:

Miscellaneous

 

Written by:

Betty F

 

Date added:

February 13, 2013

 

Level:

 

Grade:

B

 

No of pages / words:

3 / 608

 

Was viewed:

4222 times

 

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Essay content:

The product line is consisted of cheap fuses to $3 million compressor tribune sets along with products such as hand tools and light fixtures. The company bid a $21-a-share tender offer to acquire Champion Spark Plug, manufacturer of auto spark plugs, as a counter offer for the Dana Corp.'s $17.50-a-share bid...
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Also, in the mean time, Cooper Industries was considering a $700 million bid for Cameron Iron Works. Even though purchasing either or both companies will give operational and organizational advantages, there were high financial risks involved. Undertaking both acquisitions would result in a 55% to 60% debt to capitalization ratio...
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