Landmark Facility Solutions

Case Study Questions:

1. Does Broadway benefit from acquiring Landmark? How can Harris Justify a $120
million bid for Landmark?
2. If Harris were to proceed with the acquisition, which financing alternative should be
chosen, and why? Would Broadway be capable of servicing its debt after acquisition?
3. Does Harris give up shareholder value by opting for the mix of debt and equity financing
alternative? What is the real cost of equity dilution?
4. How do the two financing methods affect the value of the acquisition to existing
shareholders of Broadway?

Writing Instructions:

 There is no limit in terms of number of pages, but the answers should be more to the
point and should not include additional info that is not being asked in the question.
 The font size should not be less than 9 and more than 11 in Times New Roman.
 Papers must be submitted in hard copies (soft version can be emailed).
 Late submissions will not be accepted and graded.
 Students are expected to submit a professionally written paper (in terms of structure,
content and grammar), as part of grading will be based on professionalism of the
submitted paper.
 Calculations (if any), in the form of spreadsheets or other, can be attached to the paper, or
sent via email as a separate document.
 Copying from other sources is strongly prohibited and if caught will have heavy
consequences for the student.