Arcelor considers its shares are undervalued and has to decide whether to buy back stock via a repurchase tender offer or via an open market repurchase.
It's to value the company to get an estimate of the reasonable value of the firm, before doing so. It has also to decide whether it can manage the buyback: is the increase in leverage a move to a better capital structure?
PUBLICATION DATE: January 31, 2009 PRODUCT #: INS047-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
Related Case Solutions & Analyses:
Note on U.S. Pension Accounting
DICOM Group plc and Captiva Software Corp.
Ultratech Corp. (A)
Extraordinary and Unusual Items Discontinued Operations and Accounting Changes
Financial Reporting Fundamentals
Hootsuite: Monetizing The Social Media Dashboard
Ohio Lottery: Innovative Research Drives Winning
Generating Higher Value at IBM (A)
The Whiz Kids
Wealth Management Crisis at UBS (A)
