An analyst at IGM Financial (IGM) is asked to make a presentation outlining the final details of the proposed acquisition of Saxon Financial (Saxon). The analysis was to include the strategic rationale for the acquisition, an estimate of the proposed offering price for Saxon and whether or not the acquisition would be accretive to earnings per share of IGM. To complete the assignment the analyst had to calculate a preliminary valuation range based .....more

Hybrid Networks Inc. is a broadband access equipment company. The company has gone public and with sales up 400 per cent from the previous year, prospects for the company appeared very positive. Six months later, the company surprised investors by announcing a delay in filing its quarterly financial statements, and a month after that, the company admitted it was engaged in discussions with the Securities and Exchange Commission about fraudulent accounting .....more