Product details

Share this page:
Please find below the full details of the product you clicked a link to view.
Thumbnail image for 9-298-006
Prize winner
Published by:
Harvard Business Publishing (1998)
Version:
20 July 2005
Length:
17 pages
Data source:
Published sources

Abstract

On 15 October 1996, Virginia-based CSX and Pennsylvania-based Consolidated Rail (Conrail), the first and third largest railroads in the eastern United States, announced their intent to merge in a friendly deal worth $8.3 billion. This deal was part of an industry-wide trend toward consolidation and promised to change the competitive dynamics of the Eastern rail market. Students, as shareholders, must decide whether to tender shares into the front-end of a two-tiered acquisition offer. To make this decision, they must value Conrail as an acquisition target and understand the structure of CSX's offer.

Topics

Management controls; Acquisitions; Game theory; Valuation; Mergers; Auctions; Competitive bidding; Deregulation
Location:
Size:
USD19 billion revenues, 77,500 employees
Other setting(s):
1996-1997

Access this item

casecent.re/p/43555
View our pricing guide
or to see prices.

Awards, prizes & competitions

Reviews & usage