Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession.
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Somerset :
John Wiley & Sons, Incorporated,
2018.
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Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover; Title Page; Copyright; Contents; Introduction: The Risks and Opportunities of Doing a Deal; Notes; Chapter 1: Why Bad Deals Happen; A Practical Approach to Mergers and Acquisitions; A Case Study: RBS Buys ABN AMRO; Motivations for Deals; A Case Study: Bank of America Buys Merrill Lynch; Using M & A to Divert Attention; Using M & A to Grow Quickly; Using M & A to Solve Problems; Horizontal and Vertical Mergers; Conclusion; Notes; Chapter 2: Buy or Build?; A Case Study: Commerce Bank; A Case Study: Metro Bank; Is There Anything in Between?; A Case Study: Dow Corning Joint Venture.
- A Case Study: Bucknell IndustriesConclusion; Notes; Chapter 3: Let the Buyer Beware; Wachovia Buys Golden West; AOL Time Warner Merger; Wells Fargo Buys Wachovia; Notes; Chapter 4: The Opportunities and Risks of Expanding Your Business Globally; Telenor India Joint Venture; Telenor's Global Strategy over Time; Telenor Expands into Eastern Europe; Telenor Pushes into Asia; The Telenor Unitech Joint Venture; Postmortem on the Telenor Unitech Joint Venture; Lessons Learned; Trends for the Future; Notes; Chapter 5: Culture Is Critical; A Case Study from China; A Case Study from Japan.
- A Summary of Other Best PracticesChapter 6: Who Is Behind the Curtain?; A Case Study: Lloyds HBOS; HBOS History; Lloyds History; Merger Timeline; Moral Hazard; Confusion to Stakeholders; Short-Term versus Long-Term Focus; Ability to Back Out; Political Instability; A Case Study: Kraft Buys Cadbury; Kraft History; Cadbury History; Background to the Deal; Worries About Job Cuts; Worries About Corporate Social Responsibility; Market Response; Notes; Chapter 7: Is It Too Late to Back Out?; Case Study One: Bank of America Purchases Merrill Lynch; Case Study Two: AT & T/T Mobile.
- Case Study Three: Verizon Bids for YahooConclusion; Notes; Chapter 8: How to Negotiate a Better Deal; Ten Best Practices for Effective Negotiation; 1. Keep Your Eye on the Ball; 2. Remain Patient; 3. Listen; 4. Honesty Is the Best Policy; 5. Be Sensitive to the Other Side; 6. Check Your Ego at the Door; 7. Find Ways for Mutual Gain; 8. Know and Use Your Leverage; 9. Don't Assume That Others Will Be Rational; 10. Prepare, Prepare, Prepare; Chapter 9: Making It Right; Background; Be Strategic; Maintain a Rational Organizational Structure; Structure the Deal Properly.
- Recognize the Importance of BrandEfficient Distribution; Beware of Culture; Have Financing Lined Up in Advance; Establish an Appropriate M & A Approval Process; Integrate Early and Often; Clear Legal and Regulatory Process; Don't Overpay; Continuous Learning; A Case Study: J.P. Morgan Buys Bear Stearns; Conclusion; Notes; Chapter 10: Where Do We Go from Here?; How Fast We Forget; 1. Increasing Pressure from Multiple Constituencies; 2. Activist Shareholders; 3. Trend from Conglomerates to Pure Play; 4. Increasing Nationalism Around Cross-Border Deals; 5. Increased Emphasis on Operating Skills.