Takeovers, Restructuring, and Corporate Governance

by Weston, J. Fred; Siu, Juan A.; Johnson, Brian A.

• ISBN13: 9780130265050
• ISBN10: 0130265055
• Edition: 3rd
• Format: Hardcover
• Copyright: 2001-01-01
• Publisher: PRENTICE HALL

Summary

For undergraduate/graduate-level courses on Mergers and Acquisitions, or as a supplement for Business or Corporate Finance, Economics, or Strategy. This book brings together conceptual and empirical material in a systematic way. It provides students with a basis for understanding mergers and acquisitions and corporate restructuring that are introduced into every session of Congress.

Table of Contents

I. TAKEOVERS AND MERGERS IN PRACTICE.

1. The Takeover Process.
2. The Legal and Regulatory Framework.
3. Accounting for M&As.
4. Tax Planning Options.

II. M&A'S IN THEORY AND PRACTICE.

5. Strategic Processes.
6. Theories of Mergers and Tender Offers.
7. The Timing of Merger Activity.
8. Empirical Tests of M&A Performance.

III. VALUATION.

9. Alternative Approaches to Valuation.
10. Increasing the Value of the Organization.

IV. RESTRUCTURING.

11. Restructuring and Divestitures.
12. Restructuring Organization and Ownership Relationships.
13. Financial Restructuring.

V. M&A STRATEGIES.

14. Joint Ventures and Alliances.
15. ESOPs and MLPs.
16. Going Private and Leveraged Buyouts.
17. International Takeovers and Restructuring.

VI. STRATEGIES FOR CREATING VALUE.

18. Share Repurchases.
19. Takeover Defenses.
20. Corporate Governance and Performance.
21. Implementation and Management Guides for M&As.