Peter Munk, Chairman and Chief Executive Officer of American Barrick Resources Corporation, had to determine whether to make a bid for Lac Minerals. Lac Minerals was lately set into play when Royal Oak Mines made an unsolicited bid.
Learning Objective:
To expose students to an acquisition scenario.
By examining a real acquisition case to acquire an understanding of mergers and acquisitions.
To review valuation techniques.
To obtain exposure to the gold sector and comprehend how and why gold companies are valued differently.
To comprehend the role of the Board of Directors in an acquisition case.
Publication Date: 10/04/1995
This is just an excerpt. This case is about Finance