Scott Oldale is Vice President Exploration for New Star Energy based in Calgary, Canada. When New Star started, they dentified an acquisition opportunity and they required funding to close that deal. The issue that they faced was how to fund that acquisition and where to access funding to close that deal. Through the process of the merger and acquisition business, one is required to make an offer. They were the highest bidder but they did not have any financial backing. So in order to close the acquisition, they needed to raise $130 million within a period of a month. Visit casenet.ca for more free, open access decision focused video teaching cases from Acadia University.