M & A a practical guide to doing the deal
"The comprehensive M & A guide, updated to reflect the latest changes in the M & A environmentM & A provides a practical primer on mergers and acquisitions for corporate executives and anyone involved in the deal. Its comprehensive approach covers each step in the process, from find...
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| Format: | eBook |
| Language: | English |
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Hoboken, New Jersey
John Wiley & Sons
2015
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| Edition: | [Second edition] |
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| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
Table of Contents:
- Includes bibliographical references and index
- The global M & A market: current status and evolution
- U.S.M & A history, trends, and differences from other nations
- The need for growth spurs acquirers to buy other companies
- The three financial tactics that dominate the M & A business
- The buyer must have a methodical plan in order to find a quality transaction
- To begin an acquisition search, the buyer first sets the likely parameters of a deal
- The buyer starts the formal acquisition search by alerting intermediaries and contacting possible sellers
- Finding a deal: likely results of a search
- The four principal risks facing a buyer in the M & A business
- Sizing up the M & A target from a financial point of view
- To facilitate financial projections, the buyer needs to classify the target as a mature, growth, or cyclical business
- How practitioners forecast an M & A target's sales and earnings
- The M & A industry typically uses four valuation methodologies
- The use of a discounted cash flow in M & A valuation
- Valuing M & A targets using the comparable public companies approach
- Valuing an M & A target by considering comparable deals and leverages buyouts
- Valuation situations that don't fit the standard models
- Combining the buyer's and seller's financial results for the M & A analysis
- When is the best time for an owner to sell a business?
- The sale process from the seller's vantage point
- A review of the legal and tax structures commonly used in transactions
- Unusual transaction categories
- Final thoughts on mergers and acquisitions