Timken

The Timken Company Top management of Timken hires you as consultants to perform an case-by-case analysis and recommend the best, in your opinion, course of action in the proposed attainment of the Torrington Company. Your task is to write a report that will address their questions and concerns, in particular 1. 2. 3. 4. How does Torrington fit with the Timken Company? What are the expected synergies? What is your stand only when valuation of Torrington? What is your with-synergies valuation of Torrington?Should Timken be concerned about losing its investment-grade rating? How do Timkens financial ratios compare with those of other industrial firms in 2002? How would those ratios intensify if Timken financed the acquisition with debt? 5. What is the price Ingersoll-Rand is likely to accept? Is Ingersoll-Rand likely to want a cash handle or a stock-for-stock deal? 6. 7. Should Timken go ahead with the acquisition at all? If Timken decides to go forward with the acquisition, how s hould they structure the deal in terms of the price offered and the method of payment?What is the recommended bidding and negotiation strategy? Draw on as many arguments, methods and approaches as possible. all the way explain all assumptions or judgements you make. Where applicable, refer to relevant theoretical concepts. enrapture note that even though this is a real business case, it is the graphic symbol of your analysis that will be marked, not how well your analysis and good word fit the actual subsequent developments.