Mergers and Acquisitions Basics

Autor: Michael E. S. Frankel, Larry H. Forman
Rok vydání: 2017
Předmět:
Zdroj: Mergers and Acquisitions Basics: The Key Steps of Acquisitions, Divestitures, and Investments
Popis: Preface. Acknowledgments. Chapter 1: Introduction. Chapter 2: The Players. The Buyer. The Seller. Investors/Owners. Corporate Staff. Advisors. Regulators. Others. Chapter 3: Decision to Buy or Sell. Reasons to Buy. Choosing to Sell. Chapter 4: Buyer's Preparation for the Deal. Developing a Strategy. Building a Capability. Devising a Process. Planning the Message. Chapter 5: Seller's Preparation for the Deal. Building a Capability. Making the Business Most Sellable: Cleaning It Up. Setting Expectations with Constituents. Chapter 6: Deal Process. Determining the Universe of Buyers. Making the Approach. One--on--One Negotiation. Formal Auction. Informal Auction. Bankruptcy Auction. Direct versus Proxy. Relative Positions of Power. Chapter 7: Due Diligence. Building a Team. What the Buyer Wants to Know. Chapter 8: Valuation. Standard Valuation Methods. Pro Forma: Finding and Splitting the Upside. Getting the Valuation and Pro Forma Done. Chapter 9: Integration Planning. Dedicating Resources. Linking Due Diligence to Integration Planning and Execution. Key Integration Issues. Chapter 10: Financing Issues. Cost of Capital. Lost Opportunities. Financing Contingency: "Bird in the Hand". Chapter 11: Closing the Deal and After. How Is a Deal Closed? Other Signing and Closing Events. Postclosing Issues. Integration and Look Back (the Postmortem). Appendix A: Standard Form Deliverables During a Strategic Transaction Example. Appendix B: Due Diligence Report Table of Contents. Appendix C: Standard Deal Process Checklist Example. Appendix D: Standard Approval Process Example. Appendix E: Approval of a Strategic Transaction: Key Topics in Presentation. Appendix F: Generic Valuation Exercise. Appendix G: Generic Acquisition Term Sheet for Acquisition by Public Buyer of Privately Held Target. Appendix H: Generic Investment Term Sheet. Index.
Databáze: OpenAIRE