Mergers, acquisitions, and corporate restructurings

The comprehensive guide to mergers, acquisitions, and corporate restructurings Mergers, Acquisitions, and Corporate Restructurings is an all-inclusive guide to M&As that illustrates how restructuring can be used successfully, how each form works, and the laws that govern them. This updated edit...

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Detalles Bibliográficos
Otros Autores: Gaughan, Patrick A., author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Hoboken, New Jersey : Wiley 2015.
Edición:Sixth edition
Colección:Wiley corporate F & A series.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009629929906719
Tabla de Contenidos:
  • Cover; Table of Contents; Series Page; Title Page; Copyright; Preface; Part I: Background; Chapter 1: Introduction; Recent M&A Trends; Terminology; Valuing a Transaction; Types of Mergers; Merger Consideration; Merger Professionals; Merger Arbitrage; Leveraged Buyouts and the Private Equity Market; Corporate Restructuring; Merger Negotiations; Merger Agreement; Merger Approval Procedures; Deal Closing; Short-Form Merger; Freeze-Outs and the Treatment of Minority Shareholders; Reverse Mergers; Holding Companies; Chapter 2: History of Mergers; Merger Waves; What Causes Merger Waves?
  • First Wave, 1897-1904 Second Wave, 1916-1929; The 1940's; Third Wave, 1965-1969; Trendsetting Mergers of the 1970's; Fourth Wave, 1984-1989; Fifth Wave; Sixth Merger Wave; Chapter 3: Legal Framework; Laws Governing Mergers, Acquisitions, and Tender Offers; Other Specific Takeover Rules in the United States; International Securities Laws Relating to Takeovers; U.S. State Corporation Laws and Legal Principles; State Anti-takeover Laws; Regulation of Insider Trading; Antitrust Laws; Measuring Concentration and Defining Market Share; European Competition Policy; Chapter 4: Merger Strategy; Growth
  • Synergy Operating Synergy; Diversification; Types of Focus Increases; Focus Increasing Asset Sales Increase Firm Values; Explanation for the Diversification Discount; Do Diversified or Focused Firms Do Better Acquisitions?; Other Economic Motives; Hubris Hypothesis of Takeovers; Do Managerial Agendas Drive M&A?; Other Motives; Part II: Hostile Takeovers; Chapter 5: Anti-takeover Measures; Management Entrenchment Hypothesis versus Stockholder Interests Hypothesis; Rights of Targets Boards to Resist: United States Compared to the Rest of the World; Preventative Anti-takeover Measures
  • Changing the State of Incorporation Active Anti takeover Defenses; Information Content of Takeover Resistance; Chapter 6: Takeover Tactics; Preliminary Takeover Steps; Tender Offers; Advantages of Tender Offers over Open Market Purchases; Proxy Fights; Chapter 7: Hedge Funds as Activist Investors; Macroeconomic Foundations of the Growth of Activist Funds; Hedge Funds as Acquirers; Part III: Going-Private Transactions and Leveraged Buyouts; Chapter 8: Going-Private Transactions and Leveraged Buyouts; Terminology; Historical Trends in LBOs; Management Buyouts
  • Conflicts of Interest in Management Buyouts U.S. Courts' Position on Leveraged Buyout Conflicts; Financing for Leveraged Buyouts; Returns to Stockholders from LBOs; Returns to Stockholders from Divisional Buyouts; Empirical Research on Wealth Transfer Effects; Protection for Creditors; Intra-industry Effects of Buyouts; Chapter 9: The Private Equity Market; History of the Private Equity and LBO Business; Private Equity Market; Secondary Market for Private Equity Investments; Chapter 10: The Junk Bond and the Leveraged Loan Market and Stapled Financing; History of the Junk Bond Market
  • Leveraged Loan Market