This is from BP's perspective.

1. Value Amoco based on the information in the case in the course pack and in the instructions below.
2. After your valuation analysis has been turned in, you will be assigned to negotiate with a counterpart team with the opposite identity.
3. Provide an exchange ratio ofBP shares for Amoco sharesfor a merger of BP and Amoco. BP is to be considered the acquirer, which is why the exchange ratio is to be expressed as a number of BP shares per Amoco share.

Please note - the deal termsmustbe expressed as an exchange ratio,notas a price in dollars.