Caledonian Newspapers Ltd. (Abridged)
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Publication Date:
March 11, 1993
Industry:
Media
Industry:
Financial Services
Source:
Darden School of Business
In December 1990, a banker reassesses a borrower that, at the time of its leveraged buyout 18 months earlier, seemed to have such a promising future. Now the borrower is in severe financial distress. The tasks for the student are to evaluate competing proposals for restructuring the firm and to recommend a course of action for the bank. This is the “stand-alone” version of the second part of a two-case sequence. Students should not be exposed to this case until they have finished discussing the A case (UVA-F-1012).
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Caledonian Newspapers Ltd. (Abridged)
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