Mergers, Acquisitions, and Other Restructuring Activities by DePamphilis, Donald;

Long description:

In the seventh edition of Mergers, Acquisitions, and Other Restructuring Activities - winner of a 2014 Textbook Excellence Award (Texty) from the Text and Academic Authors Association - Donald DePamphilis looks into the heart of current economic trends. In addition to a new chapter on the ways deals are financed, more than 85% of the 54 integrative case studies are new and involve transactions 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.

Mergers, acquisitions, and restructuring transactions reveal the inner workings of our economy. This longstanding, award-winning treatment lays out what every student and professional should understand about their parts, what they are intended to accomplish, and what their competitive, strategic, and value consequences are.

Table of Contents:

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