Mergers and acquisitions , please make sure to make use of all the attachments and also make use of all the slides especially the valuation method and also the excel sheet

1. a) Background and motives: Provide background information for both merging firms and discuss the main motives of your deal. Evidence from the relevant literature is essential to support your argument(s). [25%]2. b) You are then required to link characteristics of your deal to evidence from prior studies on known factors that influence the likelihood of M&A success. How could these factors affect the structure and payoff of your deal? What payment method would you recommend to finance your deal and why (not necessarily the one actually used)? [25%]3. c) Valuation: Now you need to offer a recommendation about the target firm’ valuation, and the maximum premium to be offered (not necessarily the one actually offered). Clearly demonstrate assumptions, calculations and scenarios. Explain the advantages and disadvantages of the chosen method(s). [30%]4. d) Recommendations: Finally, based on the analysis of the above 3 topics, provide your recommendations to the board and include any other information you may think is important for the decision making. [20%]Clearly state the Deal Number, the Announcement Date, the Name of the Acquirer, and the Name of the Target of your deal.All calculations must be fully explained. Relevant information can be obtained from the annual reports of the acquiring and target firms. You are advised to visit the websites of merging firms, Refinitiv and WRDS. Relevant sources need to be cited clearly.For the last part 4, about the recommendations, think about yourself a couple of days before the deal happens and also think about whether you would like to let this deal happen. Also, please provide at least ten references in Harvard formatting and it would be 3000 words +-/10%. The deal would be Express Scripts Inc & Medco Health Solutions Inc,