Caledonian Newspapers Ltd. (B)
19 Pages Posted: 21 Oct 2008
There are 2 versions of this paper
Abstract
In December 1990, a banker reassesses a borrower that, at the time of its leveraged buyout 18 months earlier, seemed to have such a promising future. Now the borrower is in severe financial distress. The tasks for the student are to evaluate competing proposals for restructuring the firm and to recommend a course of action for the bank. This is the second part of a two-case series. Students should not be exposed to the B case until they have finished discussing the A case (UVA-F-1012). "Caledonian Newspapers Ltd. (Abridged)" (UVA-F-1011) is a "stand-alone" version of the B case.
Keywords: banking, loan evaluation, bankruptcy, forecasting, leveraged buyouts, preferred stock, international case, diversity case, international
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