– N OF OT C E FO N G A R SA GE LE LE OR ARN CL IN AS G SR OO M US E Rev. April 18‚ 1995 Cooper Industries’ Corporate Strategy (A) The business of Cooper is value-added manufacturing. – Cooper Industries’ management philosophy Manufacturing may not be glamorous‚ but we know a lot about it. – Robert Cizik‚ Chairman‚ President and CEO Cooper Industries‚ a company more than 150 years old‚ spent most of its history as a small but reputable maker of engines and compressors
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Cooper Industries’ Corporate Strategy Case Analysis Company Vision The vision of Cooper Industries‚ as stated in the case‚ was to do an ‘outstanding job at the unglamorous part by making necessary products of exceptional quality.’ The goal was to operate in industries that had become somewhat of a necessity for consumers. Examples of such industries include: power transmission‚ hand tools‚ drilling and others. Cooper industries had started in 1833‚ as an iron foundry‚ and had existed most of
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22-03-2012 Morena Xodo (matr. 639471) COOPER INDUSTRIES’ CORPORATE STRATEGIES Cooper industries’ is a broad company that strongly uses M&A strategy of diversification. But diversification for Cooper doesn’t mean just ‘adding‚ adding and more adding’. Division managers seek for ‘complementary acquisition’ defined as logical extensions of Cooper’s existing products or markets; furthermore they keep examining what they have‚ not being afraid to get rid of companies that have served their useful
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Case Analysis Cooper Industries Cooper Industries was organized in 1919 as a manufacturer of heavy machinery and equipment. By the mid-1950s it was a leading producer of engines and massive compressors used to force naturalgas through pipelines and oil out of wells. Management was concerned‚ however‚ over its heavy dependence on sales to the oil and gas industries and the violent fluctuation of earnings caused bythe cyclical nature of heavy machinery and equipment sales. Although the company’s
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Introduction Cooper Industries was unsuccessful in acquisitions until it established a basic criteria for future acquisitions. That new criteria worked well‚ and when they went to acquire their fourth company since implementing their strategy‚ they faced fierce competition. They have to decide whether or not to pursue this company of interest‚ and then make an offer that will be selected over the others. Background Facts Cooper Industries is a manufacturer of heavy machinery. They began
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Advanced Financial Management Cooper Industries Case March 30‚ 2009 Jesse Van Gestel ID#200504399 Cooper Industries‚ Inc. 1. If you were Mr. Cizik of Cooper Industries‚ would you try to gain control of Nicholson File Company in May 1972? 2. What is the maximum price that Cooper can afford to pay for Nicholson and still keep the acquisition attractive from the standpoint of Cooper? [Treasury Bills yielded 5.6% in May 1972.] 3. What are the concerns and what is the bargaining position
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Cooper Industries 1. What is Cooper’s corporate strategy? How does it create value? What are Copper’s key resources? 2. Should Cooper Industries acquire Champion Spark Plugs? (How is this acquisition likely to affect shareholder value?) 3. What are the limits to Cooper’s corporate strategy? Cooper’s corporate strategy is to expand the company to lessen its dependence on the cyclical natural gas business and to exhibit stable earnings. The way they achieved this over the years was through the merger
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Spring 2010 08 Fall Cooper Industries‚ Inc. Prepared by: Finance 450 Overview & Introduction Cooper Industries is looking to acquire Nicholson File Company. It meets the three criteria that Cooper looks for in acquiring a company. “First‚ the industry should be one in which Cooper could become a major factor. The industry must be fairly stable‚ with a broad market for the products and a product line of ‘small ticket’ items. Finally‚ it had to be a leading company in
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Restructuring Firms & Industries‚ Fall 2011 Prof Harvey Poniachek Questions for Harvard Case Studies CASES SHOULD BE DONE BY TEAMS OF UP TO FOUR STUDENTS. EACH CASE WOULD BE PRESENTED AND DEFENDED IN CLASS BY TWO TEAMS. I EXPECT MANY OF YOU TO MAKE CLASS PRESENTATIONS BY UTILIZING POWERPOINT AND/OR OTHER MEANS. THE QUESTIONS BELOW WERE SUGGESETD BY THE AUTHORS AND ADDRESS MAIN THE ISSUES IN EACH CASE‚ BUT YOU MAY EDIT / CONSOLIDATE THEM IF YOU FIND IT NECESSARY / CONVENIENT IN WRITING UP
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Cooper Industries Inc. Based on the given information in the case study regarding the acquisition of Nicholson File Company by Cooper Industries‚ there is no question that Cooper should try to gain control of Nicholson. This decision is based on an analysis of the bargaining positions of each group of Nicholson stockholders which have disparate goals and needs that need to be met. In addition‚ an appropriate payment method and specific dollar value based on a competitor’s offer and Cooper financial
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