Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • June 1991 (Revised December 1997)
  • Case
  • HBS Case Collection

Takeover of the Norton Co., The

By: Thomas R. Piper
  • Format:Print
  • | Pages:15
ShareBar

Abstract

After a decade of mediocre performance, the Norton Co. enters 1990 with the prospect of increased sales in the next few years. Yet Norton is pursuing slow growth industries, and a lower than expected earnings announcement at the beginning of 1990 has depressed earnings forecasts by brokerage firms. BTR, a large highly successful British conglomerate, is considering making a takeover offer of Norton but is troubled by a number of issues. This case takes a behind-the-scenes look at how a company like BTR would value a potential takeover target and analyze how the acquisition would impact BTR's operations and performance, and how it might stave off competing bids if it were to make an offer.

Keywords

Mergers and Acquisitions; Business Conglomerates; Goals and Objectives; Forecasting and Prediction; Performance Evaluation; Revenue; Bids and Bidding; Business Processes; Ownership Stake

Citation

Piper, Thomas R. "Takeover of the Norton Co., The ." Harvard Business School Case 291-002, June 1991. (Revised December 1997.)
  • Educators
  • Purchase

About The Author

Thomas R. Piper

→More Publications

More from the Author

    • November 2010 (Revised January 2011)
    • Faculty Research

    Assessing a Company's Future Financial Health (TN)

    By: Thomas R. Piper
    • November 2010 (Revised May 2012)
    • Faculty Research

    Assessing a Company's Future Financial Health

    By: Thomas R. Piper
    • July 2010
    • Faculty Research

    Monmouth, Inc., Spreadsheet Supplement for Instructors (Brief Case)

    By: Thomas R. Piper and Heide Abelli
More from the Author
  • Assessing a Company's Future Financial Health (TN) By: Thomas R. Piper
  • Assessing a Company's Future Financial Health By: Thomas R. Piper
  • Monmouth, Inc., Spreadsheet Supplement for Instructors (Brief Case) By: Thomas R. Piper and Heide Abelli
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College