Download or read book Merger Arbitrage written by Lionel Melka and published by John Wiley & Sons. This book was released on 2014-02-03 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wave of corporate mergers, acquisitions, restructuring, and similar transactions has created unprecedented opportunities for those versed in contemporary risk arbitrage techniques. At the same time, the nature of the merger wave has lent such transactions a much higher degree of predictability than ever before, making risk arbitrage more attractive to investors. Surprisingly, there is little transparency and instruction for investors interested in learning the latest risk arbitrage techniques. Merger Arbitrage – A Fundamental Approach to Event-Driven Investing helps readers understand the inner workings of the strategy and hedge funds which engaged in this investment strategy. Merger arbitrage is one of the most commonly used strategies but paradoxically one of the least known. This book puts it in the spotlight and explains how fund managers are able to benefit from mergers and acquisitions. It describes how to implement this strategy, located at the crossroad of corporate finance and asset management, and where its risks lie through numerous topical examples. The book is split into three parts. The first part, examining the basis of merger arbitrage, looks at the key role of the market in takeover bids. It also assesses the major changes in the financial markets over recent years and their impact on M&A. Various M&A risk and return factors are also discussed, alongside the historical profitability of merger arbitrage, the different approaches used by fund managers and the results of academic studies on the subject. The second part of the book deals with the risk of an M&A transaction failing in terms of financing risk, competition issues, the legal aspects of merger agreements and administrative and political risks. The third part of the book examines specificities of M&A transactions, comprehensively covering hostile takeovers and leveraged buyouts. Each part contains many recent examples and case studies in order to show how the various theories and notions are put into practice. From researching prospects and determining positions, to hedging and trading tactics, Lionel Melka and Amit Shabi present the full complement of sophisticated risk arbitrage techniques, making Merger Arbitrage a must read for finance and investment professionals who want to take advantage of the nearly limitless opportunities afforded by today’s rapidly changing global business environment. The book builds on its authors’ diverse backgrounds and common experience managing a merger arbitrage fund, providing readers with an enriching inside view on M&A operations. Translated by Andrew Fanko and Frances Thomas

Download or read book Joining Forces written by Mitchell Lee Marks and published by John Wiley & Sons. This book was released on 2010-07-30 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: If 75 percent of all mergers fail, what makes the other 25 percent succeed? Mergers, acquisitions, and alliances are more vital today than ever before in driving business success. This indispensible guide offers proven strategies and sound solutions to the multitude of integration issues that inevitably arise, and shows how to create a combined business that meets its strategic and financial objectives, competes better, and offers personal and organizational enhancements. Dubbed "merger mavens" by Fortune magazine, the authors report lessons learned from their experience in over 100 combinations. Executives, managers, and employees alike in all industries and sectors will find useful examples, strategies, and tools here. Praise for Joining Forces "This book will help both M&A veterans and those new to the game. The authorsprovide great insights into the human, cultural, organizational, and strategic factors that matter in M&A success." Richard Kovacevich, chairman and CEO emeritus, Wells Fargo & Co. "Don't commit to the merger or acquisition without them! I have personally witnessed how hard it is on everyone employees, shareholders, communities, and especially executives to work through an improperly managed merger. I have known Marks and Mirvis for almost twenty-five years and the only mistake our organization made was that we did not consult them soon enough. Their new book reflects unequalled experience and intellect. Don't merge, acquire, or be acquired without it!" Michael R. Losey, CEO (emeritus), Society for Human Resources Management (SHRM) "Joining Forces is a terrific resource for managers who want to understand thehuman dynamics of mergers and acquisitions, and a must-read for those who have to lead their companies through one. It is based on the latest research and providespractical insights and advice from authors who know M&A inside out." Edward E. Lawler III, Distinguished Professor of Business, Marshall School ofBusiness, University of Southern California

Download or read book The Great Merger Movement in American Business 1895 1904 written by Naomi R. Lamoreaux and published by Cambridge University Press. This book was released on 1988-04-29 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1895 and 1904 a great wave of mergers swept through the manufacturing sector of the U.S. economy. In The Great Merger Movement in American Business, Lamoreaux explores the causes of the mergers, concluding that there was nothing natural or inevitable about turn-of-the-century combinations.

Download or read book Better Together written by Jim Tomberlin and published by John Wiley & Sons. This book was released on 2012-04-24 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thousands of Protestant churches are perplexed by plateaued or declining attendance, while other congregations nearby thrive. Is there a way for them to combine forces, drawing on both their strengths, in ways that also increase their missional impact? Church merger consultant Jim Tomberlin, with co-writer Warren Bird, makes the case that mergers today work best not with two struggling churches but with a vital, momentum-filled lead church partnering with a joining church. In this new book, they provide a complete, practical, hands-on guide for church leaders of both struggling and vibrant churches so that they can understand the issues, develop strategies, and execute a variety of forms of merger for church expansion and renewal to reinvigorate declining churches and give them a "second life."

Download or read book Autopsy of a Merger written by William M. Owen and published by . This book was released on 1986 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Merger written by Peter F. Hartz and published by Beard Books. This book was released on 1999-09 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book 2020 Mergerstat Review written by FACTSET MERGERSTAT. and published by BVResources. This book was released on 2020-04-25 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The FactSet Mergerstat Review is the cornerstone of any mergers and acquisitions library. This must-have resource delivers comprehensive rosters, data and statistics on merger and acquisition (M&A) transactions that involve U.S. companies, including privately held, publicly traded and cross-border transactions, and also lists unit divestitures, management buyouts, and certain asset sales.

Download or read book Applied Mergers and Acquisitions written by Robert F. Bruner and published by John Wiley & Sons. This book was released on 2016-02-08 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to the world of mergers and acquisitions Why do so many M&A transactions fail? And what drives the success of those deals that are consummated? Robert Bruner explains that M&A can be understood as a response by managers to forces of turbulence in their environment. Despite the material failure rates of mergers and acquisitions, those pulling the trigger on key strategic decisions can make them work if they spend great care and rigor in the development of their M&A deals. By addressing the key factors of M&A success and failure, Applied Mergers and Acquisitions can help readers do this. Written by one of the foremost thinkers and educators in the field, this invaluable resource teaches readers the art and science of M&A valuation, deal negotiation, and bargaining, and provides a framework for considering tradeoffs in an effort to optimize the value of any M&A deal.

Download or read book Merger Mania written by Ivan F. Boesky and published by Holt McDougal. This book was released on 1985 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Managing the Merger written by Philip H. Mirvis and published by Beard Books. This book was released on 2003 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two veteran merger and acquisition mavens take readers behind the scenes to examine successful and poorly managed corporate mergers to show what's required to achieve the best strategic, organizational, and cultural fit between any two companies. They outline steps to take before, during, and after.

Download or read book Mergers written by Steven Layne and published by Pelican Publishing. This book was released on 2010-09-23 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: ACCELERATED READER PROGRAM SELECTION "Gives readers a lot to think about concerning race, fate, trust--and friendship." --Margaret Peterson Haddix, author of Turnabout and Double Identity "A story that resonates from beginning to end." --The Alan Review "This book raises fundamental questions about the anatomy of racial hatred. The premises that society stagnates without diversity and that one person can sway the future bear examination and discussion. Give this one to your teens who might appreciate the Hardy Boys with a more serious twist." --VOYA Building upon the success of This Side of Paradise, which won the 2001 Hal Clement Award for Best New Science Fiction Novel for Young Adults, Steven Layne has written another gripping tale featuring teens battling evil forces. In Mergers, the sinister antagonist is the mastermind behind an engineered society that has wiped away all traces of race. He is intent on destroying Dirk and his friends, who have spent their entire lives in hiding because of their racial identities. Each has extraordinary powers--Nicci, the African Traveler, manipulates time; Mateo, the Hispanic Metamorph, alters his shape; Keiko, the Asian Empath, heals with her hands; and Dirk, the Caucasian Telepath, invades others' minds. In this cautionary tale, the themes of loyalty, leadership, and identity are all called into question as Dirk and his friends struggle to conquer The Merger. When they take a dangerous journey into the past with the hope of restoring the world's natural timeline, each of them must struggle with their own inadequacies and deal with all-too-human failings, despite their special powers. Mergers' riveting plot and supernatural characters will keep teens engaged while reminding them of each individual's potential to change the world.

Download or read book The Art of M A Fifth Edition A Merger Acquisition and Buyout Guide written by Alexandra Reed Lajoux and published by McGraw-Hill Education. This book was released on 2019-08-05 with total page 1264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make every deal a major win! The M&A classic has been updated for today’s business landscape Since the last edition of this authoritative resource was published, the M&A world has gone from boom to bust and back again—and this new edition brings you completely up to date. With critical lessons learned from the financial crises and regulatory shocks of the past decade, The Art of M&A, Fifth Edition delivers the information and insight you need to make all the right decisions throughout the process. Learn the ins and outs of: •Getting Started—basic process, requirements, and objectives• Strategy—deciding what to buy and why•Valuation and Modeling—measuring and projecting value pre- and post-merger• Financing and Refinancing—sourcing capital • Structuring—mitigating financial, tax, and legal risk• Due Diligence—investigating a business’s past, present, and future risks• Documentation and Closing—pulling everything together to ensure a smooth transaction • Integration—merging resources, processes, and responsibilities to maximize synergies• Landmark Cases—legal cases you need to understand The Art of M&A is an indispensable resource for anyone heavily engaged in the process—whether you’re an executive tasked with growing your businesses, an investment banker structuring transactions, an attorney responsible for due diligence, or an accountant who advises buyers and sellers. Turn to this definitive resource to develop, steward, and close deals that benefit everyone involved.

Download or read book Mergers and Acquisitions from A to Z written by Andrew J. Sherman and published by Amacom Books. This book was released on 2005 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic, comprehensive guide to mergers and acquisitions, now completely updated for today''s market.

Download or read book Mergers and Acquisitions written by CLAIRE A. HILL and published by West Academic Publishing. This book was released on 2019-03-12 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt: Being an M&A practitioner or litigator requires not only a knowledge of the law--the statutes, cases, and regulations--but also the documentation and the practices within the transacting community. This book prepares students for practice. The second edition includes, and explains, deal documentation, and discusses how negotiations proceed, referencing both the relevant law and transacting norms. It covers Federal and State law, as well as other relevant regulatory regimes involving antitrust, national security, FCPA and other issues. It has questions designed to get students to understand the law and the underlying policy, and problems to get students familiar with transaction structuring.

Download or read book The Synergy Solution written by Mark Sirower and published by Harvard Business Press. This book was released on 2022-03-15 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new M&A bible. Few actions can change the value of a company—and its competitive future—as quickly and dramatically as an acquisition. Yet most companies fail to create shareholder value from these deals, and in many cases they destroy it. It doesn't have to be this way. In The Synergy Solution, Deloitte's Mark Sirower and Jeff Weirens show acquirers how to develop and execute an M&A strategy—end to end—that not only avoids the pitfalls that so many companies fall into but also creates real, long-term shareholder value. This strategy includes how to: Become a prepared "always on" acquirer Test the investment thesis and DCF valuation of a deal Plan for a successful Announcement Day, and properly communicate synergy promises to investors and other stakeholders Realize those promised synergies through integration planning and post-close execution Manage change and build a new, combined organization Sirower and Weirens provide invaluable background to those considering M&A, laying out the issues they have to consider, how to analyze them, and how to plan and execute the deal effectively. They also show those who have already started the process of M&A how to maximize their chances of success. There's an art and a science to getting mergers and acquisitions right, and this powerful book provides the insights and strategies acquirers need to find success at every stage of an often complex and perilous process.

Download or read book International Review of Industrial and Organizational Psychology 2005 written by Gerard P. Hodgkinson and published by Wiley. This book was released on 2005-07-11 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the twentieth in the most prestigious series of annual volumes in the field of industrial and organizational psychology. The series provides authoritative and integrative reviews of the key literature of industrial psychology and organizational behaviour. The chapters are written by established experts and topics are carefully chosen to reflect the major concerns in both the research literature and in current practice. Continuing in the tradition of the series as a whole, this twentieth volume provides scholarly, up-to-the-minute reviews and updates of work in a number of well-established areas such as: mergers and acquisitions, burnout and health, and personality in industrial and organizational psychology. Emergent issues are also covered in chapters on social identity, emotions in organizations, the contribution of industrial and organizational psychology to ensuring safety in commercial aircraft, and the analysis of justice in human resource management decisions. Each chapter offers a comprehensive and critical survey of the chosen topic, and each is supported by a valuable bibliography. For advanced students, academics and researchers, as well as professional psychologists and managers, this remains the most authoritative and current guide to new developments and established knowledge in the field of industrial and organizational psychology. Contributors to Volume 20 Neal M. Ashkanasy, Australia Claire E. Ashton-James, Australia Shlomo Berliner, Israel Susan Cartwright, UK Jose M. Cortina, USA Naomi Ellemers, The Netherlands Stephen W. Gilliland, USA Don Harris, UK S. Alexander Haslam, UK Michael J. Ingerick, USA Samuel Melamed, Israel Layne Paddock, USA Itzhak Shapira, Israel Arie Shirom, Israel Lauren Thomas, UK Sharon Toker, Israel

Download or read book Winning the Merger Endgame A Playbook for Profiting From Industry Consolidation written by Graeme K. Deans and published by McGraw Hill Professional. This book was released on 2003-05-22 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indispensable guide to strategic best practices for business mergers Thirteen years ago, the experts at A. T. Kearney embarked on a landmark, worldwide study of business mergers. Encompassing 25,000 companies across 24 industries in 53 countries, the study revealed much crucial information that was previously unknown about business consolidation. This book shares those revelations and insights with senior executives, consultants, and industry analysts involved in the merger process. More important, it builds on those findings to present readers with a solid game plan for winning the consolidation game. Readers learn about the consolidation cycles through which industries pass, how to identify where in the cycle their industry currently lies, how to leverage that knowledge in determining which organizational changes they need to make and when they need to make them, and how to develop and deploy the most successful merger strategies.