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Mergers and acquisitions basics : the key steps of acquisitions, divestitures, and investments /
"This book will help answer the questions that senior level executives have about what M & As are and the steps involved in successful mergers and acquisitions. It provides guidelines and lessons for going through an effective M & A and discusses the key factors that a buyer or seller m...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken :
Wiley,
2017.
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| Edición: | Second edition. |
| Colección: | Wiley finance
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| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Title Page; Copyright; Contents; Preface; Acknowledgments; Chapter 1: Introduction; Notes; Chapter 2: The Players; The Buyer; Strategic Buyers; Financial Buyers; The Seller; Partial Sellers; Full Sellers; Unwilling Sellers; Investors/Owners; Entrepreneurs/Founders; Private Equity; Public Investors; Individual Investors; Institutional Investors; Corporate Staff; Board of Directors; Executive Management; Line Management; Corporate Development; Advisors; Lawyers; Investment Bankers; Auditors; Consultants; Advisor Staff; Regulators; Securities and Exchange Commission (SEC).
- State and Local RegulationsIndustry Regulators; International Regulators; Others; The Public; Customers, Partners, and Competitors; The Press; Notes; Chapter 3: Decision to Buy or Sell; Reasons to Buy; Customers and Market Share; Geographic Reach; Technology/Product; Brand; People; Economies of Scale; Differences/Market Position; Choosing to Sell; Business Reasons to Sell; Cashing Out: Investor/Owner Reasons to Sell; Notes; Chapter 4: Buyer's Preparation for the Deal; Developing a Strategy; Broad Corporate Strategy; Strategic Transaction Strategy; Board and Management Buy-in.
- Building a CapabilityCorporate Development Team; Advisors; Other Corporate Resources; Devising a Process; Leveraging Expertise; Approval Process; Organizational Buy-in; Planning the Message; Notes; Chapter 5: Seller's Preparation for the Deal; Building a Capability; Corporate Development Team; Advisors; Other Corporate Resources; Making the Business Most Sellable; Cleaning It Up; Needs of Buyers; Thinking Like a Subsidiary; Building Market Reputation; Setting Expectations with Constituents; Owners; Management; Employees; Conflicts in Plans; Preparing the Business for Sale; Value Enhancers.
- Value DetractorsWhen to Start; Notes; 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; International M Tax; HR; IP; Closing Procedures; The Concept of ""Market"" Terms and Conditions; Seller Behavior and Building Trust; Notes; Chapter 7: Due Diligence; Building a Team; Staff Functions; Finance and Accounting; Human Resources; Real Estate; Regulatory and Compliance; Public Relations; Line Functions; What the Buyer Wants to Know.
- Business IssuesFinance/Accounting Issues; Legal Issues; Other Audits; Regulatory Issues; Notes; Chapter 8: Valuation; Standard Valuation Methods; Trading Comps; Transaction Comps; Discounted Cash Flows; Return on Equity and Other Internal Metrics; Seller's Perspective on Valuation; Pro Forma: Finding and Splitting the Upside; Revenue Synergies; Cost Synergies; Other Synergies; Costs of Synergies; Who Gets the Gravy?; Getting the Valuation and Pro Forma Done; Carve-Outs: Divesting Business Units or Assets of a Corporation; Currency and Payment; Earn-Outs and Contingent Payments.