Publisher's Synopsis
Mergers and acquisitions remain one of the most fundamental aspects of modern business. Although the boom in hostile and highly leveraged buyouts of the 1990s has passed, the value and size of acquisitions is rising again. This book of readings draws together seminal pieces on the most important aspects of mergers and acquisitions for students and practitioners. Covering: The causes and consequences of takeovers Comparison of the merger market: 1980s versus 1990s Leveraged buyouts Junk bonds, financing Employee stock ownership plans and financing of buyouts Takeover tactics and their shareholders wealth effects Valuation issues of mergers and acquisitions And much more, it will give those studying business law, finance and corporate strategy clear overviews from the leading commentators and professionals of the key developments of the last few years.
