Two businessmen met with the executive management team Fabric Super-Store to present an offer to purchase in a store in Kitchener and the right of first refusal (ROR) on the second, located in nearby Cambridge. After consideration and rejection of the ROR, management responded with an intriguing counter offer in terms of "vendor take-back" offers (VTB). Fabric Super-store offers vendor financing terms for three years, provided businessmen bought both. Complicates their buying decision to find that the place was Cambridge technology much newer and larger than the store in Kitchener. If Cambridge to be sold to another person, it may jeopardize the success of the store in Kitchener. Entrepreneurs to the conclusion that they either have to buy both, or to fully pass. What to do? "Hide
by David Simpson, Colin McDougall Source: Richard Ivey School of Business Foundation 2 pages. Publication Date: July 27, 2011. Prod. #: W11289-PDF-ENG
Related Case Solutions & Analyses:
Space Shuttle
Alara Agri: Fresh Cherry Production
Cuba & Kathy Engle
Not So Rosy Situation: Bill Azizs Challenge at White Rose Crafts and Nursery Sales Limited
NoVeggie Inc.
Midnight Oil (Abridged)
City Water Tanzania (B): Privatizing Dar es Salaams Water Utility
Creative Chips (Abridged)
BC Metal (C)
Canadian Closures (A)
