PROPOSED ACQUISITION TARGET FOR 302 CORPORATION: THE BOEING COMPANY
Subject: PROPOSED ACQUISITION TARGET FOR 302 CORPORATION
Pursuant to you request, this group conducted a search and an analysis for a potential acquisition candidate for the 302 Corporation. The group obtained the information necessary for the search and analysis from Business Week, The Economist, Financial Times, and Hoovers Online financial information services. The group also obtained additional information on the recommended target company ù Boeing ù directly from that company's Web site.
The group recommends that the 302 Corporation acquire the Boeing Company. As Boeing is a major publicly traded firm, it will be necessary for the 302 Corporation to make a tender offer to Boeing shareholders.
The attached report provides additional details on the proposed acquisition target company. Should you have questions concerning the report or should you desire additional information, the group will be pleased to provide answers and information.
This report presents a strategic review of the Boeing Company with emphases on the current situation of both the industry and the firm. The information developed provides the basis for a recommendation relative to the acquisition of the company by the 302 Corporation.
The Boeing Company is in the latter stages of a major transition from an airframe manufacturer to an aerospace and communications firm that provides both manufactured products and services to a global market ("The Boeing Company," 2001). As a part of this strategic transition, the company announced that its corporate headquarters would relocate from Seattle to Chicago. The stated primary objectives of this move were to emphasize Boeing's new status as a global aerospace and communications firm by both (1) centralizing its location geographically and (2) separating (geographically and symbolically) its corporate headquarters from the company...