Accession Number:

ADA093556

Title:

An Analysis of the Corporate Merger between the Babcock & Wilcox Co. and J. Ray Mcdermott & Co., Inc.

Descriptive Note:

Master's thesis,

Corporate Author:

NAVAL POSTGRADUATE SCHOOL MONTEREY CA

Personal Author(s):

Report Date:

1980-09-01

Pagination or Media Count:

159.0

Abstract:

This thesis analyzes the merger, consummated on March 31, 1978, followed a lengthy bidding war between McDermott and United Technologies Corporation. The energy crisis, its impact on the future world economy, and its relationship to the businesses of the Babcock Wilcox and McDermott are studied. A financial analysis of BW and McDermott is then conducted to determine their financial positions and potential growth. The terms of the merger, along with its legality are further described and analyzed. A post merger appraisal was undertaken, including such aspects as Three Mile Island and McDermotts price-fixing scandal. The conclusion was that the merger was successful for McDermott for various reasons but from BWs viewpoint, the jury is still out.

Subject Categories:

  • Administration and Management
  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE