Mergers, acquisitions, and restructuring transactions reveal the inner workings of our economy. Every student and professional should understand their parts, what they are intended to accomplish, and what their competitive, strategic, and value consequences are. In the 7th Edition of Mergers, Acquisitions, and Other Restructuring Activities, Donald DePamphilis looks into the heart of current economic trends. He includes a new chapter on the ways deals are financed, and more than 85% of the 54 integrative case studies are new and involve transactions that have been announced or completed since 2010. This new edition anchors its insights and conclusions in the most recent academic research, with references to more than 170 empirical studies published in leading peer-reviewed journals since 2010. Practical exhibits, case studies involving diverse transactions, easy-to-understand numerical examples, and hundreds of discussion questions and practical exercises are included. This substantially updated content, supplemented by questions from CFA Institute examinations, offers the only comprehensive exploration of today's business transactions. Includes up-to-date and notable transactions (Facebook's takeover of Instagram and Linkedin's IPO) and regulations (Dodd-Frank Act of 2010 and JOBS Act of 2012)Covers recent trends (emerging country acquirers in global M&As) and tactics (top-up options and cash-rich split-offs) Additional content available online INDICE: PART I-The Mergers and Acquisitions Environment 1. Introduction to Mergers, Acquisitions, and Other Restructuring Activities 2. The Regulatory Environment 3. The Corporate Takeover Market: Common Takeover Tactics, Anti-Takeover Defenses, and Corporate Governance PART II-The Mergers and Acquisitions Process: Phases 1-10 4. Planning: Developing Business and Acquisition Plans: Phases 1 and 2 of the Acquisition Process 5. Implementation: Search Through Closing: Phases 3 to 10 of the Acquisition Process 6. Postclosing Integration: Mergers, Acquisitions, and Business Alliances PART III-Merger and Acquisitions Valuation and Modeling 7. Merger and Acquisition Cash Flow Valuation Basics 8. Relative, Asset-Oriented, and Real Option Valuation Basics 9. Applying Financial Models to Value, Structure, and Negotiate Mergers and Acquisitions 10. Analysis and Valuation of Privately Held Companies PART IV-Deal Structuring and Financing Strategies 11. Structuring the Deal: Payment and Legal Considerations 12. Structuring the Deal: Tax and Accounting Considerations 13. Financing the Deal: Private Equity, Hedge Funds, and Other Sources of Funds 14. Highly Leveraged Transactions: LBO Valuation and Modeling Basics PART V-Alternative Business and Restructuring Strategies 15. Business Alliances: Joint Ventures, Partnerships, Strategic Alliances, and Licensing 16. Alternative Exit and Restructuring Strategies: Divestitures, Spin-offs, Carve-outs, Split-Ups, and Split-Offs 17. Alternative Exit and Restructuring Strategies: Bankruptcy Reorganization and Liquidation 18. Cross-Border Mergers and Acquisitions: Analysis and Valuation
- ISBN: 978-0-12-385487-2
- Editorial: Academic Press
- Encuadernacion: Cartoné
- Páginas: 768
- Fecha Publicación: 06/12/2013
- Nº Volúmenes: 1
- Idioma: Inglés