In March

$1$

$9$

$8$

$5$

$,$

$$Anthony Johnson was working on a proposal to purchase

his employer

$$

s firm, the Case Company. The Case Company, with

corporate headquarters in Dover, Delaware, was a leading manufacturer

of commercial desk calendars. Mr

$.$

$$Johnson$,$ vice president of finance and

administration, considered the company an excellent acquisition

opportunity, provided the owner

$$

s asking price was acceptable and

satisfactory financing for the transaction could be arranged.

Background