Mergers, Acquisitions, and Corporate Restructurings, Sixth Edition

  • 15h 47m
  • Patrick A. Gaughan
  • John Wiley & Sons (US)
  • 2015

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 edition includes the latest statistics, research, graphs, and case studies on the private equity market, ethics, legal frameworks, and corporate governance, presented in a more approachable, manageable way. Written from a practical and historical perspective, this book carefully analyzes the strategies and motives that inspire M&As, the legalities involved each step of the way, and the offensive and defensive techniques used during hostile acquisitions.

Corporate restructurings are indispensable in building a new generation of re-engineered companies with the power and resources to compete on the global playing field. This book covers the full spectrum of transactions, from megadeals to downsizing, and takes a fresh look at restructuring and how it is being used to revitalize and supercharge companies.

  • Learn how corporate restructuring helps companies compete
  • Discover the common impetus behind M&As
  • Understand the laws and rules that govern the field
  • Examine more effective strategies for hostile acquisitions

The slowdown in the world's economy means that mergers and corporate restructuring will likely increase. It is essential for students and professionals to fully understand the concepts and mechanics behind these transactions, and Mergers, Acquisitions, and Corporate Restructurings is the comprehensive guide to the field.

About the Author

Patrick A. Gaughan, Ph.D., is a graduate-level professor of economics and finance at the College of Business at Fairleigh Dickinson University in Madison, New Jersey. He is also president of Economatrix Research Associates, Inc., which is an economic and financial consulting firm in Miami, New Jersey and New York City. Economatrix Research Associates, Inc. measures damages in a variety of litigated matters and also conducts business valuations. Dr. Gaughan has authored numerous publications including the award winning textbook Mergers, Acquisitions and Corporate Restructuring (John Wiley and Sons 2002) and Mergers: What Can Go Wrong and How to Prevent It (Wiley 2005). His other books include Measuring Business Interruption Losses and Other Commercial Damages (Wiley 2004), and Developments in Litigation Economics (Contemporary Studies in Economic and Financial Analysis) (Elsevier 2006). He has published articles in various scholarly journals including International Review of Law & Economics, Journal of Forensic Economics, Journal of Legal Economics, Litigation Economics Digest and Journal of Corporate Accounting and Finance.

In this Book

  • Introduction
  • History of Mergers
  • Legal Framework
  • Merger Strategy
  • Antitakeover Measures
  • Takeover Tactics
  • Hedge Funds as Activist Investors
  • Going-Private Transactions and Leveraged Buyouts
  • The Private Equity Market
  • The Junk Bond and the Leveraged Loan Market and Stapled Financing
  • Corporate Restructuring
  • Restructuring in Bankruptcy
  • Corporate Governance
  • Joint Ventures and Strategic Alliances
  • Valuation
  • Tax Issues in M&A