Mergers, Acquisitions, and Corporate Restructurings (Wiley Mergers and Acquisitions Library) - Hardcover

Gaughan, Patrick A.

Hardcover

ISBN 10: 0471121975 ISBN 13: 9780471121978

Publisher: Wiley, 2001

Synopsis

The most comprehensive and up-to-date guide to modern corporate restructuring techniques

Mergers and acquisitions are two of today's most important competitive tools used by corporations in a rapidly changing global business landscape. In this new updated and revised Third Edition of his groundbreaking book-winner of the Book of the Year Award in its category from the Association of American Publishers-author, business valuations expert, and professor Patrick Gaughan illustrates how mergers, acquisitions, and other vital forms of restructuring can work for corporations. This University Edition includes review questions specifically designed for finance students and those studying for the MBA degree. Packed with helpful advice and proven strategies, this book:
* Explains virtually every type of corporate restructuring, including mergers and acquisitions, divestitures, reorganizations, joint ventures, leveraged buyouts, and more
* Details the latest trends and delivers a modern, international perspective on the field
* Integrates the latest relevant research in the field of mergers into the book's pragmatic treatment of the subject
* Offers comprehensive coverage of the latest methods and techniques for business valuations of both public and closely held companies
* Looks at the key strategies and motivating factors that arise during the course of restructurings
* Analyzes and incorporates necessary legal, economic, and corporate finance considerations
* Offers the best offensive and defensive tactics for hostile takeovers

About this title

About the Author

PATRICK A. GAUGHAN is Professor of Economics and Finance at the College of Business at Fairleigh Dickinson University. He is also President of Economatrix Research Associates, Inc. Dr. Gaughan has authored several books and articles in the field of mergers and acquisitions and other areas of finance and economics. He is actively engaged in the practice of business valuations for mergers and acquisitions, as well as other related applications. He has been teaching mergers and acquisitions on the graduate level for many years, and is a consultant to a number of Fortune 500 companies.

From the Back Cover

The most comprehensive and up-to-date guide to modern corporate restructuring techniques

Mergers and acquisitions are two of today’s most important competitive tools used by corporations in a rapidly changing global business landscape. In this new updated and revised Third Edition of his groundbreaking book–winner of the Book of the Year Award in its category from the Association of American Publishers–author, business valuations expert, and professor Patrick Gaughan illustrates how mergers, acquisitions, and other vital forms of restructuring can work for corporations. This University Edition includes review questions specifically designed for finance students and those studying for the MBA degree. Packed with helpful advice and proven strategies, this book:

• Explains virtually every type of corporate restructuring, including mergers and acquisitions, divestitures, reorganizations, joint ventures, leveraged buyouts, and more
• Details the latest trends and delivers a modern, international perspective on the field
• Integrates the latest relevant research in the field of mergers into the book’s pragmatic treatment of the subject
• Offers comprehensive coverage of the latest methods and techniques for business valuations of both public and closely held companies
• Looks at the key strategies and motivating factors that arise during the course of restructurings
• Analyzes and incorporates necessary legal, economic, and corporate finance considerations
• Offers the best offensive and defensive tactics for hostile takeovers

From the Inside Flap

In today’s global economy, companies increasingly look to mergers, acquisitions, and corporate restructurings to meet the growing demands of a changing environment. Whether undertaken to speed growth, increase market share, or to realize synergistic benefits, managers pursue deals in the hope of more profitable growth opportunities for the participants.

In this updated and revised Third Edition of the book that won the Book of the Year Award in its category from the Association of American Publishers, the author takes a fresh look at the latest trends in the art of mergers and acquisitions, both in America and abroad. Combining a historical focus with a review of the current laws that govern the game, Patrick Gaughan explains the tactics and mechanics of mergers and acquisitions in simple terms, while demonstrating how to manage the complexities of corporate restructurings.

As a practical and comprehensive reference, this book focuses on nearly every type of corporate restructuring in use today. From mergers and acquisitions, to divestitures and joint ventures, to leveraged buyouts and recapitalizations–this book covers it all. Updated with the latest research and recent case studies in the field, Dr. Gaughan analyzes and explains not only the financial aspects of these transactions, but the economic, legal, tax, and regulatory considerations as well. He offers an expert, international look at the motives that inspire mergers and acquisitions, along with the best offensive and defensive tactics for undertaking or thwarting hostile takeovers. He explains these methods from both management and shareholder viewpoints, emphasizing shareholder impact through a review of the wealth effects of different tactics.

This updated Third Edition also reexamines the value restructurings available for the new generation of companies, and thoroughly explains specific techniques used to value both public and closely held businesses. In addition, readers will appreciate the many timely and easy-to-understand charts and tables included in the text. Competing in the global marketplace requires a precise understanding of the ins and outs of corporate restructurings, their effects on your business, and how best to navigate their complexities. Mergers, Acquisitions, and Corporate Restructurings, Third Edition offers the perfect map for the informed corporate manager.

Edition details

• Publisher: Wiley
• Publication date: 2001
• Language: English
• ISBN 10: 0471121975
• ISBN 13: 9780471121978
• Binding: Hardcover
• Edition number: 3
• Number of pages: 632