Mergers, Acquisitions, and Other Restructuring Activities: An Integrated Approach to Process, Tools, Cases, and Solutions, Twelfth Edition presents the most current and comprehensive M&A on M&A environments, M&A processes, M&A valuation and modeling, deal structuring and financing strategies, and alternative business and restructuring strategies. Covering relevant academic research published since 2021 make the 12th edition a balanced, comprehensive guide to the complex and dynamically changing world of M&A. With content relevant to industries worldwide, this new edition illustrates the most germane strategies and tactics in today's marketplace.
1. Introduction - p. 2 2. Chapter 1. An introduction to mergers, acquisitions, and other restructuring activities - p. 3 3. Chapter 2. The regulatory environment - p. 37 4. Chapter 3. The corporate takeover market: common takeover tactics, antitakeover defenses, and corporate governance - p. 69 5. II. The mergers and acquisitions process: Phases 1 through 10 - p. 104 6. Introduction - p. 105 7. Chapter 4. Planning: developing business and acquisition plans: Phases 1 and 2 of the acquisition process - p. 107 8. Chapter 5. Implementation: search through closing: phases 3 to 10 of the acquisition process - p. 133 9. Chapter 6. Postclosing integration - p. 165 10. III. Mergers and acquisitions valuation and modeling - p. 186 11. Introduction - p. 187 12. Chapter 7. Mergers and acquisitions cash flow valuation basics - p. 189 13. CHAPTER 8. Relative, asset-oriented, and real option valuation basics - p. 219 14. CHAPTER 9. Financial modeling basics - p. 249 15. CHAPTER 10. Analysis and valuation of privately held firms - p. 279 16. IV. Deal-structuring and financing strategies - p. 308 17. Introduction - p. 309 18. CHAPTER 11. Structuring the deal: payment and legal considerations - p. 311 19. CHAPTER 12. Structuring the deal: tax and accounting considerations - p. 335 20. Chapter 13. Financing the deal: Private equity, hedge funds, and other sources of financing - p. 365 21. CHAPTER 14. Highly leveraged transactions: Leveraged buyout valuation and modeling basics - p. 397 22. Chapter 15. Applying financial models: To value, structure, and negotiate stock and asset purchases - p. 417 23. V. Alternative business and restructuring strategies - p. 452 24. Introduction - p. 453 25. Chapter 16. Domestic and cross-border business alliances: Joint ventures, partnerships, strategic alliances, and licensing - p. 455 26. Chapter 17. Alternative exit and restructuring strategies: Divestitures, spin-offs, carve-outs, split-offs, and tracking stocks - p. 483 27. Chapter 18. Alternative exit and restructuring strategies: Bankruptcy, reorganization, and liquidation - p. 513 28. Chapter 19. Cross-border mergers and acquisitions: Analysis and valuation - p. 537 29. References - p. 569 30. Glossary - p. 595 31. Index - p. 601
Mergers, Acquisitions, and Other Restructuring Activities: An Integrated Approach to Process, Tools, Cases, and Solutions, Twelfth Edition presents the most current and comprehensive M&A on M&A environments, M&A processes, M&A valuation and modeling, deal structuring and financing strategies, and alternative business and restructuring strategies. Covering relevant academic research published since 2021 make the 12th edition a balanced, comprehensive guide to the complex and dynamically changing world of M&A. With content relevant to industries worldwide, this new edition illustrates the most germane strategies and tactics in today's marketplace.
1. Introduction - p. 2 2. Chapter 1. An introduction to mergers, acquisitions, and other restructuring activities - p. 3 3. Chapter 2. The regulatory environment - p. 37 4. Chapter 3. The corporate takeover market: common takeover tactics, antitakeover defenses, and corporate governance - p. 69 5. II. The mergers and acquisitions process: Phases 1 through 10 - p. 104 6. Introduction - p. 105 7. Chapter 4. Planning: developing business and acquisition plans: Phases 1 and 2 of the acquisition process - p. 107 8. Chapter 5. Implementation: search through closing: phases 3 to 10 of the acquisition process - p. 133 9. Chapter 6. Postclosing integration - p. 165 10. III. Mergers and acquisitions valuation and modeling - p. 186 11. Introduction - p. 187 12. Chapter 7. Mergers and acquisitions cash flow valuation basics - p. 189 13. CHAPTER 8. Relative, asset-oriented, and real option valuation basics - p. 219 14. CHAPTER 9. Financial modeling basics - p. 249 15. CHAPTER 10. Analysis and valuation of privately held firms - p. 279 16. IV. Deal-structuring and financing strategies - p. 308 17. Introduction - p. 309 18. CHAPTER 11. Structuring the deal: payment and legal considerations - p. 311 19. CHAPTER 12. Structuring the deal: tax and accounting considerations - p. 335 20. Chapter 13. Financing the deal: Private equity, hedge funds, and other sources of financing - p. 365 21. CHAPTER 14. Highly leveraged transactions: Leveraged buyout valuation and modeling basics - p. 397 22. Chapter 15. Applying financial models: To value, structure, and negotiate stock and asset purchases - p. 417 23. V. Alternative business and restructuring strategies - p. 452 24. Introduction - p. 453 25. Chapter 16. Domestic and cross-border business alliances: Joint ventures, partnerships, strategic alliances, and licensing - p. 455 26. Chapter 17. Alternative exit and restructuring strategies: Divestitures, spin-offs, carve-outs, split-offs, and tracking stocks - p. 483 27. Chapter 18. Alternative exit and restructuring strategies: Bankruptcy, reorganization, and liquidation - p. 513 28. Chapter 19. Cross-border mergers and acquisitions: Analysis and valuation - p. 537 29. References - p. 569 30. Glossary - p. 595 31. Index - p. 601