Chapter_1收购、兼并和重组课后题目.ppt

* * * * * * * * * * * * * * * * * * * * * * * * * * Introduction to Mergers, Acquisitions, Other Restructuring Activities If you give a man a fish, you feed him for a day. If you teach a man to fish, you feed him for a life time. —Lao Tze Success is a Personal Choice We can choose to be successful by Setting goals, Having high expectations of ourselves, Never quitting, By not making excuses, and By accepting personal responsibility Exhibit 1: Course Layout: Mergers, Acquisitions, and Other Restructuring Activities Part IV: Deal Structuring and Financing Part II: MA Process Part I: MA Environment Ch. 11: Payment and Legal Considerations Ch. 7: Discounted Cash Flow Valuation Ch. 9: Financial Modeling Techniques Ch. 6: MA Postclosing Integration Ch. 4: Business and Acquisition Plans Ch. 5: Search through Closing Activities Part V: Alternative Business and Restructuring Strategies Ch. 12: Accounting Tax Considerations Ch. 15: Business Alliances Ch. 16: Divestitures, Spin-Offs, Split-Offs, and Equity Carve-Outs Ch. 17: Bankruptcy and Liquidation Ch. 2: Regulatory Considerations Ch. 1: Motivations for MA Part III: MA Valuation and Modeling Ch. 3: Takeover Tactics, Defenses, and Corporate Governance Ch. 13: Financing the Deal Ch. 8: Relative Valuation Methodologies Ch. 18: Cross-Border Transactions Ch. 14: Valuing Highly Leveraged Transactions Ch. 10: Private Company Valuation Course Learning Objectives Define what corporate restructuring is and why it occurs Identify commonly used valuation techniques and how they are employed Describe how corporate restructuring creates/destroys value Identify commonly used takeover tactics and defenses and when they are most appropriate Develop a highly practical “planning based” approach to managing the MA process Identify challenges and solutions associated with each phase of the MA proces