This assignment involves a takeover proposal by Mille and Co. to acquire Newton Co, a company involved in the design and development of tools and parts for specialist machinery. The proposal aims to merge the two companies' operations and create synergies. The report must identify short-term and long-term sources of finance available to a business like Newton Co, provide a generic outline of an acquisition proposal, and evaluate the proposals facing Newton Co. Specifically, it requires estimates of the current value of a Newton share, percentage gain in value under each payment offer, and the impact on the follow-on product's value.