This case is a sequel to “WLR Foods and Tyson Foods” (UV2529), the attempted acquisition of WLR presented by Tyson Foods in 1994. In the following six years WLR share slides down consistently until 2000, when it traded at a fraction of the 1994 value. If WLR share $ 4.59 hits, Pilgrim Pride Corporation (PPC), the company sees as an attractive acquisition. This case asks students to determine how much of a premium should provide and whether WLR PPC management … Read more »

This case is a sequel to “WLR Foods and Tyson Foods” (UV2529), the attempted acquisition of WLR presented by Tyson Foods in 1994. In the following six years WLR share slides downhill consistently until 2000, when it traded at a fraction of the 1994 value. If WLR share $ 4.59 hits, Pilgrim Pride Corporation (PPC), the company sees as an attractive acquisition. This case asks students to determine how much of a premium should provide and whether WLR PPC management to resist a takeover in 2000, as it did in 1994. Financial information is provided to allow students to calculate both stand-alone and synergies reviews. The case is best taught immediately after UVA-F-1465th It was designed to be taught in a first year or second year MBA Finance course as a company valuation exercise. It is also suitable for managers and undergraduate audience. Student (F-1466 WLR pilgrims Pride.xls) and teachers (F-1466 TN.xls) tables.
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from
Kenneth Eades,
Ali Erarac,
Katherine Merhige
Source: Darden School of Business
14 pages.
Publication Date: Dec 21, 2004. Prod #: UV2530-PDF-ENG
WLR Foods and Pilgrim Pride HBR case solution