Mergers, Acquisitions, and Other Restructuring Activities

In the 5th edition of this well-known text, Dr. DePamphilis explains the real world of mergers, acquisitions, and restructuring based on his academic knowledge and personal experiences with over 30 such deals himself. The CDROM and password-protected website for students is unique in enabling students to download and customize content. Important enhancements unique to the fifth edition: all 99 cases involve real-life deals made or announced within the last 5 years, extensive discussions of all current valuation techniques and their strengths and weaknesses, cross-border transactions analyzed and explained in detail, tax and legal issues covered comprehensively. Student Resource CDROM contains with hundreds of practice problems in interactive tests providing immediate feedback and solutions, chapter outlines, and selected case study solutions. Complete on-line instructor s manual completely updated as well including test bank with hundreds of questions not provided to students, in multiple choice, true false and essay format and all with answers, case study questions and solutions, ppt slides for each lecture, and many other instructor resources. Instructors can load the test bank into their institutions LMS for randomized and scoring tests.

INSTRUCTORS MANUAL Extensive instructor support material is available on our Elsevier textbooks.com password protected website: Section 1: Chapter PowerPoint lecture slides. (Note that the Student Resources CDROM accompanying the text contains an identical set of slides.)
Section 2: Test Bank/Solution Set (More than 1500) – Chapter Learning Objectives/Outcomes (i.e., what the instructor hopes students will master upon completion of each chapter) – Answers to End of Chapter Discussion Questions – Solutions to End of Chapter Business Cases – Solutions to End of Chapter Practice Problems for Chapters 7 and 8 – Examination Questions and Answers: -True/False --Multiple Choice -Short Essay Questions (The author also recommends using end of chapter Discussion Questions for this purpose)
Section 3: Example Syllabi for teaching the course at various levels: Undergraduate advanced undergraduate MBA and Masters in Finance
Section 4: Examples of Excellent Student Papers a. Sony Acquires MGM in a Cash for Stock Deal 1. Sony Business Plan 2. Sales by Business Segment 2 3. Sales by Business Segment 4. LTD Analysis 5. Final Financials b. Lionshare Equity s LBO of Plumtree 1. Revised Model for Plumtree 2. LBO Business Plan c. K2 Acquires Fotoball in a Stock for Stock Deal 1. K2 Fotoball Worksheet d. CCF Acquires CPK in a Cash and Stock for Stock Deal 1. Title and Executive Summary 2. Final Version 3. CPK Final Valuation Model PLUS: Over 1,500 Question Interactive Test Bank with Multiple Choice Questions and True or False Questions using the Elsevier Learning Interactions Library. Instructors can download these flash files, place them on their university s Learning Management System and students can take the test online. The Test Bank in concert with the LMS enables randomized testing as well. If the university allows for content posting to the LMS, students will be able to post these files without additional instruction. These tests are are SCORM compliant, so the tests will be automatically scored and scorse can be returned to the LMS for the instructor s review.

STUDENT RESOURCES CDROM INCLUDED WITH THE BOOK Contents: 1. Acquirer Due Diligence Question List 2. Excel-Based Mergers and Acquisitions Valuation and Structuring Model 3. Excel-Based Leveraged Buyout Valuation and Structuring Model 4. Excel-Based Real Options Valuation Model 5. PowerPoint Slides for each chapter 6. Chapter Summaries 7. Acquisition Process: The Gee Whiz Media Case Study (including discussion questions and solutions) 8. Examples of Agreements of Purchase and Sale for Asset and Stock Purchases 9. 2005 MCI-Verizon Merger Agreement (actual agreement) 10. Supernormal Growth Model Valuation Example PLUS: Interactive Practice Tests using the Elsevier Learning Interactions Library with Over 750 questions: -True/False -Multiple Choice All run using Flash, and provide immediate feedback on correct answer if answered wrong, and are randomized and timed.

Donald DePamphilis, Dr. DePamphilis has managed more than 30 acquisitions, divestitures, and joint ventures. He holds a Harvard a Ph.D. in economics and is Clinical Professor of Finance at Loyola Marymount University in Los Angeles, CA, USA

Part 1: the Mergers and Acquisitions EnvironmentChapter 1: Introduction to Mergers and AcquisitionsChapter 2: Regulatory ConsiderationsChapter 3: The Corporate Takeover Market: Common Takeover Tactics, Antitakeover Defenses, and Corporate GovernancePart 2: The Mergers and Acquisitions ProcessChapter 4: Planning: Developing Business and Acquisition Plans--Phases 1 and 2 of the Acquisitions ProcessChapter 5: Implementation: Search through closing--Phases 3-10Chapter 6: Integration: Mergers, Acquisitions, and Business AlliancesPart 3: Merger and Acquisition Valuation and Modeling ConceptsChapter 7: Primer on Cash Flow Valuation and ForecastingChapter 8: Applying Relative Valuation, Asset-Oriented, and Real Option Valuation Methods to Mergers and AcquisitionsChapter 9: Applying Financial Modeling Techniques to Value and Structure Mergers and AcquisitionsChapter 10: Analysis and Valuation of Privately Held CompaniesPart 4: Deal Structuring and Financial StrategiesChapter 11: Deal Structuring Process: Payment and Legal ConsiderationsChapter 12: Deal Structuring Process: Tax and Accounting ConsiderationsChapter 13: Financing Transactions: Leveraged Buyout Structures and ValuationPart 5: Alternative Business and Restructuring StrategiesChapter 14: Shared Growth and Shared Control Strategies: Joint Ventures, Partnerships, Strategic Alliances, and LicensingChapter 15: Alternative Exit and Restructuring Strategies: Divestitures, Spin-Offs, Carve-Outs, Split-Ups, and Split-OffsChapter 16: Alternative Exit and Restructuring Strategies: Reorganization and Liquidation Both Inside and Outside the Protection of Bankruptcy CourtChapter 17: Cross Border Transactions: Analysis and Valuation