This book brings together conceptual and updated empirical material in a systematic way. It provides students with a basis for understanding mergers and acquisitions and corporate restructuring in the framework of strategic planning issues facing managers in all companies, small and large.
Features
* The authors’ extensive scientific, consulting and teaching backgrounds provide an unmatched dimension of reality to the text.
* First book to describe the arbitrage activity associated with mergers and acquisitions. Mark Mitchell, our new co-author and a member of the management of a significant merger arbitrage firm, has published articles on the subject in leading journals of financial economics and his work is contributed here.
* Explains the merger and acquisition process within a broad framework of companies strategic plans.
Contents
TAKEOVERS AND MERGERS IN PRACTICE.
* The Takeover Process.
* The Legal and Regulatory Framework.
* Accounting for M