This assignment allows us to assess Chestnut Foods and consider how serious the
company’s situation is. Students will review the facts and recommendations in order to
determine the best course of action going forward.
• Write a paper:
o Chestnut Foods is at a crossroads! They failed to meet expectations for
several years. Their stock performance had been dismal. And now they
are vulnerable to a hostile takeover ….
o In your opinion, are CFO Pedersen’s recommendations relevant? Or is
the company beyond hope? Include your recommendations for the
Write a paper that summarizes the company’s past and present situation.
Assess the various recommendations provided.
Provide an opinion regarding the company’s next steps
Full citations using Bluebook formatting
Minimum 350 words
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