Applied Mergers and Acquisitions Workbook
Wiley Finance Editions
1. Auflage März 2004
384 Seiten, Softcover
Wiley & Sons Ltd
ISBN:
978-0-471-39585-0
John Wiley & Sons
Kurzbeschreibung
The Applied Mergers and Acquisitions Workbookprovides a useful self-training study guide for those who want to review the drivers of M&A success and failure. Useful review questions as well as problems and answers are provided for both professionals and students. Readers will further their knowledge, build practical intuition, and learn the art and science of M&A by using this comprehensive self-study workbook in conjunction with the actual text.
The Applied Mergers and Acquisitions Workbook provides a useful self-training study guide for readers of Applied Mergers and Acquisitions who want to review the drivers of M&A success and failure. Useful review questions as well as problems and answers are provided for both professionals and students. Readers will further their knowledge, build practical intuition, and learn the art and science of M&A by using this comprehensive self-study workbook in conjunction with the main text.
Introduction to the Workbook.
PART ONE: QUESTIONS.
Introduction and Executive Summary.
Ethics in M&A.
Does M&A Pay?
M&A Activity.
Cross-Border M&A.
Strategy and the Uses of M&A to Grow or Restructure the Firm.
Acquisition Search and Deal Origination: Some Guiding Principles.
Due Diligence.
Valuing Firms.
Valuing Options.
Valuing Synergies.
Valuing the Firm across Borders.
Valuing the Highly Levered Firm, Assessing the Highly Levered Transaction.
Real Options and Their Impact on M&A.
Valuing Liquidity and Control.
Financial Accounting for Mergers and Acquisitions.
Momentum Acquisition Strategies: An Illustration of Why Value Creation Is the Best Financial Criterion.
An Introduction to Deal Design in M&A.
Choosing the Form of Acquisitive Reorganization.
Choosing the Form of Payment and Financing.
Framework for Structuring the Terms of Exchange: Finding the "Win-Win" Deal.
Structuring and Valuing Contingent Payments in M&A.
Risk Management in M&A.
Social Issues.
How a Negotiated Deal Takes Shape.
Governance in M&A: The Board of Directors and Shareholder Voting.
Rules of the Road: Securities Law, Issuance Process, Disclosure, and Insider Trading.
Rules of the Road: Antitrust Law.
Documenting the M&A Deal.
Negotiating the Deal.
Auctions in M&A.
Hostile Takeovers: Preparing a Bid in Light of Competition and Arbitrage.
Takeover Attack and Defense.
The Leveraged Restructuring as a Takeover Defense: The Case of American Standard.
Communicating the Deal: Gaining Mandates, Approval, and Support.
Framework for Postmerger Integration.
Corporate Development as a Strategic Capability: The Approach of GE Power Systems.
M&A "Best Practices": Some Lessons and Next Steps.
PART TWO: ANSWERS.
Introduction and Executive Summary.
Ethics in M&A.
Does M&A Pay?
M&A Activity.
Cross-Border M&A.
Strategy and the Uses of M&A to Grow or Restructure the Firm.
Acquisition Search and Deal Origination: Some Guiding Principles.
Due Diligence.
Valuing Firms.
Valuing Options.
Valuing Synergies.
Valuing the Firm across Borders.
Valuing the Highly Levered Firm, Assessing the Highly Levered Transaction.
Real Options and Their Impact on M&A.
Valuing Liquidity and Control.
Financial Accounting for Mergers and Acquisitions.
Momentum Acquisition Strategies: An Illustration of Why Value Creation Is the Best Financial Criterion.
An Introduction to Deal Design in M&A.
Choosing the Form of Acquisitive Reorganization.
Choosing the Form of Payment and Financing.
Framework for Structuring the Terms of Exchange: Finding the "Win-Win" Deal.
Structuring and Valuing Contingent Payments in M&A.
Risk Management in M&A.
Social Issues.
How a Negotiated Deal Takes Shape.
Governance in M&A: The Board of Directors and Shareholder Voting.
Rules of the Road: Securities Law, Issuance Process, Disclosure, and Insider Trading.
Rules of the Road: Antitrust Law.
Documenting the M&A Deal.
Negotiating the Deal.
Auctions in M&A.
Hostile Takeovers: Preparing a Bid in Light of Competition and Arbitrage.
Takeover Attack and Defense.
The Leveraged Restructuring as a Takeover Defense: The Case of American Standard.
Communicating the Deal: Gaining Mandates, Approval, and Support.
Framework for Postmerger Integration.
Corporate Development as a Strategic Capability: The Approach of GE Power Systems.
M&A "Best Practices": Some Lessons and Next Steps.
PART ONE: QUESTIONS.
Introduction and Executive Summary.
Ethics in M&A.
Does M&A Pay?
M&A Activity.
Cross-Border M&A.
Strategy and the Uses of M&A to Grow or Restructure the Firm.
Acquisition Search and Deal Origination: Some Guiding Principles.
Due Diligence.
Valuing Firms.
Valuing Options.
Valuing Synergies.
Valuing the Firm across Borders.
Valuing the Highly Levered Firm, Assessing the Highly Levered Transaction.
Real Options and Their Impact on M&A.
Valuing Liquidity and Control.
Financial Accounting for Mergers and Acquisitions.
Momentum Acquisition Strategies: An Illustration of Why Value Creation Is the Best Financial Criterion.
An Introduction to Deal Design in M&A.
Choosing the Form of Acquisitive Reorganization.
Choosing the Form of Payment and Financing.
Framework for Structuring the Terms of Exchange: Finding the "Win-Win" Deal.
Structuring and Valuing Contingent Payments in M&A.
Risk Management in M&A.
Social Issues.
How a Negotiated Deal Takes Shape.
Governance in M&A: The Board of Directors and Shareholder Voting.
Rules of the Road: Securities Law, Issuance Process, Disclosure, and Insider Trading.
Rules of the Road: Antitrust Law.
Documenting the M&A Deal.
Negotiating the Deal.
Auctions in M&A.
Hostile Takeovers: Preparing a Bid in Light of Competition and Arbitrage.
Takeover Attack and Defense.
The Leveraged Restructuring as a Takeover Defense: The Case of American Standard.
Communicating the Deal: Gaining Mandates, Approval, and Support.
Framework for Postmerger Integration.
Corporate Development as a Strategic Capability: The Approach of GE Power Systems.
M&A "Best Practices": Some Lessons and Next Steps.
PART TWO: ANSWERS.
Introduction and Executive Summary.
Ethics in M&A.
Does M&A Pay?
M&A Activity.
Cross-Border M&A.
Strategy and the Uses of M&A to Grow or Restructure the Firm.
Acquisition Search and Deal Origination: Some Guiding Principles.
Due Diligence.
Valuing Firms.
Valuing Options.
Valuing Synergies.
Valuing the Firm across Borders.
Valuing the Highly Levered Firm, Assessing the Highly Levered Transaction.
Real Options and Their Impact on M&A.
Valuing Liquidity and Control.
Financial Accounting for Mergers and Acquisitions.
Momentum Acquisition Strategies: An Illustration of Why Value Creation Is the Best Financial Criterion.
An Introduction to Deal Design in M&A.
Choosing the Form of Acquisitive Reorganization.
Choosing the Form of Payment and Financing.
Framework for Structuring the Terms of Exchange: Finding the "Win-Win" Deal.
Structuring and Valuing Contingent Payments in M&A.
Risk Management in M&A.
Social Issues.
How a Negotiated Deal Takes Shape.
Governance in M&A: The Board of Directors and Shareholder Voting.
Rules of the Road: Securities Law, Issuance Process, Disclosure, and Insider Trading.
Rules of the Road: Antitrust Law.
Documenting the M&A Deal.
Negotiating the Deal.
Auctions in M&A.
Hostile Takeovers: Preparing a Bid in Light of Competition and Arbitrage.
Takeover Attack and Defense.
The Leveraged Restructuring as a Takeover Defense: The Case of American Standard.
Communicating the Deal: Gaining Mandates, Approval, and Support.
Framework for Postmerger Integration.
Corporate Development as a Strategic Capability: The Approach of GE Power Systems.
M&A "Best Practices": Some Lessons and Next Steps.
ROBERT F. BRUNER is the Distinguished Professor of Business Administration at the Darden School of the University of Virginia and Executive Director of the Batten Institute. He directs the Darden School's executive education course on mergers and acquisitions, and teaches the popular MBA elective on that topic. He is the author of over 250 case studies and a casebook, Case Studies in Finance: Managing for Corporate Value Creation, which has been adopted for use at over 200 schools. Bruner's articles have been published in the Journal of Financial Economics, the Journal of Accounting and Economics, the Journal of Financial and Quantitative Analysis, the Journal of Money, Credit, and Banking, and Financial Management. He has served as a consultant to over twenty corporations as well as to the U.S. Government, and prior to his academic career, worked as a commercial banker and venture capitalist. Bruner holds a BA from Yale University, and an MBA and DBA from Harvard University.
