1.

Record Nr.

UNINA9910139454303321

Titolo

The art of capital restructuring : creating shareholder value through mergers and acquisitions / / H. Kent Baker and Halil Kiymaz, editors

Pubbl/distr/stampa

Hoboken, N.J., : Wiley, c2011

ISBN

1-283-09870-9

9786613098702

1-118-25899-1

1-118-03033-8

Edizione

[1st edition]

Descrizione fisica

1 online resource (602 p.)

Collana

The Robert W. Kolb series in finance

Altri autori (Persone)

BakerH. Kent <1944-> (Harold Kent)

KiymazHalil <1964->

Disciplina

658.1/62

Soggetti

Consolidation and merger of corporations

Corporate reorganizations

Corporate governance

Corporations - Valuation

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

THE ART OF CAPITAL RESTRUCTURING; Contents; Acknowledgments; 1 Mergers, Acquisitions, and Corporate Restructuring: An Overview; PART I Background; 2 Merger Waves; 3 Takeover Regulation; 4 Corporate Governance and M&As; 5 Ethical and Social Issues in M&As; 6 Theoretical Issues on Mergers, Acquisitions, and Divestitures; 7 The Short-Term and Long-Term Performance of M&As; PART II Valuation; 8 Standard Valuation Methods for M&A's; 9 Real Options and Their Impact on M&A's; 10 The Law and Finance of Control Premiums and Minority Discounts

11 Cross-Border Valuation Effects in Developed and Emerging Markets PART III The M&A Deal Process; 12 Sources of Financing and Means of Payment in M&A's; 13 Cultural Due Diligence; 14 Negotiation Process, Bargaining Area, and Contingent Payments; 15 Merger Negotiations: Takeover Process, Selling Procedure, and Deal Initiation; 16 Post-acquisition Planning and Integration; 17 Organizational and Human Resource Issues in M&A's; PART IV Takeovers and Behavioral Effects; 18



Takeover Strategies; 19 Defensive Strategies in Takeovers; 20 The Impact of Restructuring on Bondholders

21 Behavioral Effects in M&A's PART V Recapitalization and Restructuring; 22 Financial Restructuring; 23 Going Private and Leveraged Buyouts; 24 International Takeovers and Restructuring; PART VI Special Topics; 25 Joint Ventures and Strategic Alliances: Alternatives to M&A's; 26 Fairness Opinions in M&As; 27 How Initial Public Offerings Affect M&A Markets: The Dual Tracking Phenomenon; 28 The Diversification Discount; 29 Partial Acquisitions:Motivation and Consequences on Firm Performance; Answers to End-of-Chapter Discussion Questions; Index

Sommario/riassunto

The most up-to-date guide on making the right capital restructuring moves The Art of Capital Restructuring provides a fresh look at the current state of mergers, acquisitions, and corporate restructuring around the world. The dynamic nature of M&As requires an evolving understanding of the field, and this book considers several different forms of physical restructuring such as divestitures as well as financial restructuring, which refers to alterations in the capital structure of the firm. The Art of Capital Restructuring not only explains the financial aspects of these