The acquisition of Torrington, Inc, from Ingersoll-Rand, Inc, requires a strategy that met both investment and financial objectives of the company Timken. The case is a perfect example of the principle that investment and financial decisions can be considered independently of each other. Because of the need Timken, to have a consistent funding strategy, the case illustrates the complexity of managing a large investment decisions that affect the capital structure of the firm. Case it is best suited as a company-assessment exercise in the first year of MBA finance and for the executive and student audiences. The case exhibits are presented in the table and in the teaching evaluation DCF note described in the table for instructor use.
This Darden study. "Hide
by Kenneth Eades, Ali Erarac Source: Darden School of Business 18 pages. Publication Date: July 28, 2005. Prod. #: UV0519-PDF-ENG
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