Learning for an MBA student is in the form of case studies. You do get used to the 20 odd page case study in a couple of months... but then comes along those competitions, where they stick you with a big-fat one... 165 pages in this case!
JP Morgan had launched a nation-wide competition called "The Deal". It's a case study competition in which, if you win, you get a PPI (Pre-Placement Interview) from JP Morgan. Quite a lucrative deal! Good motivation to drudge thru the 165 pages.
The case is about the takeover of Safeway Inc (SWY) by Morrison (MRW). The former is in the US and the latter in the UK. While the actual takeover/merger did take place in 2004, this is still a case worth solving because the current global situation will affect the way the takeover is financed.
However, Mohit has his conspiracy theory. Says that JPMC is short on staff, that's why they are looking for a few good men (and women, of course).
I got good team mates, Ramachander Shenoy and Lakshman. Right now Lakshman's done most of the valuation and the finance stuff...(frankly, I've not understood some of the stuff he's done and said... he's gone that deep into valuation and financing options....) I'd say he's done a great job!
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