1.Discussion of relevant aspects of the recent financial crisis, with emphasis on the possible roles played by the efficient market hypothesis, fair value accounting, and the financial rating agencies in precipitating the crisis.
2.The examination of Kraft Foods Corporation's billion hostile takeover of British confectioner Cadbury Plc, including the role played by activist investor Nelson Peltz.
3.Expanded coverage of real options analysis, including decision trees.
4.An update of the empirical evidence on corporate restructuring and shareholder value creation.
5.The use of Sensient Technologies Corporation (SXT), the world's largest food and beverage color company, as an extended example throughout the book.
6.Fresh examples throughout the text, including new company examples and updated data to keep the text at the forefront of currency.