Practitioner's complete guide to M & As

Breaks down the merger and acquisition process into 98 sequential topics such as strategy development, acquisition criteria, deal sources and due diligence. Provides a summarised overview of each topic in bullet point format, which acts as a checklist for each step in the merger and acquisition process. Includes a range of illustrations and visual guides, most of which are published as appendices on the book's companion web site.

Strategy development, then M&A ; M&A process: Front to back ; Why M&A? ; Deal criteria ; Deal sourcing ; Fees for services ; Financial and strategic buyers ; How long will it take to complete the deal? ; Confidentiality agreements ; #x93;Concern capture#x94; due diligence ; Keep deal conversations quiet ; Auctions ; Seller's prospectus ; Pay for inherent capabilities only ; Platform value ; Buyer and seller value perspectives ; Integration initiatives will determine deal value ; Unlock hidden value: The lean enterprise ; The real deal: lean ; Valuation: An introduction ; Discounted cash flow: An introduction ; Free cash flow ; Fair return on a deal ; Risk-free rates ; Equity risk premiums ; What is business risk? ; Entropy: Tendency toward negative variation ; Equity investor risk ; Beta ; Systematic risk ; Unsystematic risk ; Beta with or without debt ; Beta: Levered or unlevered ; Beta application in determination of Cu ; Levered beta moves as debt to equity moves ; Size premium ; Weighted average cost of capital ; Terminal values, terminal value multiplies, and terminal valued of DCFs ; Discounted cash flow valuation illustrated ; Leverage: The real deal ; Debt limits ; Debt ad…