Mergers, Acquisitions, and Corporate Restructuring (3rd Edition)

Author: (USA) Gaughan (Gaughan/P.A.) / Zhu Baoxian / Wu Yajun
Publisher:
Publish Date: 2004-11-01
Features: This book was awarded the annual Best Book Award by the American Publishers Association. In this newly revised 3rd edition, Patrick A. Gaughan approaches the study of mergers and acquisitions from a fresh perspective, researching the new developments in the field of M&A. It explains the strategies and mechanisms of mergers and acquisitions in an accessible manner and demonstrates how to handle various complex issues during corporate restructuring. As a practical and comprehensive reference book, it covers almost all types of restructuring currently used by companies. From mergers and acquisitions to divestitures and joint ventures, from leveraged buyouts to capital structure adjustments. The new edition includes the latest research findings and recent case studies in the field of M&A. It not only analyzes and explains these transactions from a financial perspective but also considers other regulatory factors such as economics, law, and taxation. The authors analyze the motivations behind M&A from a professional and international perspective, providing the best offensive and defensive strategies for implementing or defending hostile takeovers. They explain these methods from the perspectives of management and shareholders, emphasizing the impact of different strategies on shareholders in terms of wealth changes. The newly revised 3rd edition also re-examines the value of restructuring for the next generation of companies and provides an in-depth introduction to the methods used to evaluate publicly traded and privately held companies. Additionally, the simple and easy-to-understand charts included in the book are very helpful for reading. This book is suitable for EMB students, undergraduate and graduate students in related disciplines, and also provides comprehensive guidance for savvy corporate managers.