Discussion Post
• How does the dual-track process used by Ford to initiate "consideration of strategic alternatives" affect the bidding process for Hertz?
• In what ways does Hertz conform or not conform to the definition of an "ideal LBO target"? Do you believe Hertz is an appropriate buyout target?
• Strategically, what value-creating opportunities can the sponsors exploit in this transaction?
• How realistic are the key assumptions that underlie the Bidding Group's projections in case Exhibits 8, 9, and 10? Which assumptions are most likely to have the largest impact on returns?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.