- Item type
- Book
- Language
- English
- Publication year
- 2004
- Edition no.
- 4th ed.
- ISBN
- 0-13-122553-7
Mergers and acquisitions are the most significant economic activity taking place in today's economy. This text seeks to explain the role of this activity and helps managers pursue M&A strategies more effectively. Features: - Provides conceptual discussion on why mergers take place; - Describes the arbitrage activity associated with mergers and acquisitions; - Presents the historical and industry evidence on the sources of merger activity. from book cover.
SHORT CASES AND COMPANY EXAMPLES IN TEXT --- PART I. TAKEOVERS AND MERGERS IN PRACTICE --- Chapter 1. The takeover process --- Chapter 2. The legal and regulatory framework --- Chapter 3. Accounting for M&As --- Chapter 4. Deal structuring (methods of payment, taxes, collars, contingent payouts) --- PART II. M&As IN THEORY AND PRACTICE --- Chapter 5. Strategic processes --- Chapter 6. Theories of mergers and tender offers --- Chapter 7. The timing of merger activity --- Chapter 8. Empirical tests of M&A performance --- PART III. VALUATIONTHE STRATEGIC PERSPECTIVE --- Chapter 9. Alternative approaches to valuation --- Chapter 10. Increasing the value of the organization --- PART IV. RESTRUCTURING --- Chapter 11. Corporate restructuring and divestitures --- Chapter 12. Empirical tests of corporate restructuring and divestitures --- Chapter 13. Financial restructuring --- PART V. M&A STRATEGIES --- Chapter 14. Alliances and joint ventures --- Chapter 15. Employee stock ownership and MLPs --- Chapter 16. Going private and leveraged buyouts --- Chapter 17. International takeovers and restructuring --- PART VI. STRATEGIES FOR CREATING VALUE --- Chapter 18. Share repurchases --- Chapter 19. Takeover defenses --- Chapter 20. Corporate governance and performance --- Chapter 21. Merger arbitrage --- Chapter 22. Implementation and management guides for M&As..