Mergers and Acquisitions Basics: The Key Steps of Acquisitions, Divestitures, and Investments - Hardcover

Frankel, Michael E. S.

Hardcover

ISBN 10: 0471675180 ISBN 13: 9780471675181

Publisher: John Wiley & Sons, 2005

Synopsis

This book will provide the answers to the questions that senior level executives have about what are M&As and the steps involved. It provides basic guidelines and lessons for going through an M&A for the first time. It explains what the key events, processes, and issues that a buyer or seller must consider during a merger or acquisition. By using this book, executives can avoid costs and sometimes fatal mistakes and maximize the financial and operational value of the deal to their companies. Chapters include: (1) Terms and Phrases: Language of the Deal, (2) Explanation of Legal Structures and Terms, (3) Strategic Transactions: Before the Deal Starts, (4) Mergers and Acquisitions: Doing the Deal, (5) Equity Investments: Doing the Deal, (6) Sellers, (7) Buyers, (8) Appendix: Checklists and Forms, Reports and Presentations, Generic Valuation Exercise

About this title

About the Author

MICHAEL E. S. FRANKEL is a seasoned finance and business development executive with extensive experience in M&As, complex finance transactions, corporate strategy, and business development transactions. He has led more than 100 transactions and has worked on hundreds more. He served as vice president of business development at GE Consumer Finance Americas. Previously, he was vice president of corporate development at VeriSign, Inc. While at VeriSign, he led a development team that was responsible for substantially increasing VeriSign′s net income over a two–year period (closing over two dozen acquisitions and equity investments). Prior to joining VeriSign, Frankel was a vice president with Merrill Lynch′s global industries investment banking group, where he advised transportation, logistics, and large industrial clients on M&As′ complex equity and debt offerings, as well as initial public offerings. His clients included General Motors, Rollins Truck Leasing, Cendant, and UPS.

From the Back Cover

Praise for Mergers and Acquisitions Basics:

"Frankel has written a book for both those new and old to the M&As game. It is an essential primer for those who wish to explore strategic transactions as a business option for growth or strategic change."
Sam M. Farraj Senior Director, Strategy and Business Development, MCI

"M&As is a wildly complex topic. Frankel makes it understandable by focusing on the key building blocks of a deal, such as auctions, due diligence, valuation, and the closing. He takes readers to the heart of the topic at once and does not waste their time with arcane topics best left to specialists. An excellent book for readers who need a functional understanding of M&As!"
Steven M. Bragg CFO, Premier Data Services

From the Inside Flap

Mergers and acquisitions (M&As) are a vital business tool and a successful growth and expansion strategy for many large and mid–sized companies. That′s why in today′s complex world of M&As, executives need a reliable and easy–to–use guide to help them maximize the financial and operational value of the deal for their company by minimizing costs and avoiding potentially fatal mistakes.

Mergers and Acquisitions Basics is a complete resource packed with all the information busy executives need on:

• The nuts and bolts of M&As and the processes involved
• Basic guidelines and lessons for going through M&As for the first time
• Key events, processes, and issues that a buyer or seller must consider
• And much more!

Mergers and Acquisitions Basics provides a thorough primer and overview of the key steps and common features of strategic transactions. It offers a useful balance of detailed and user–friendly coverage that isn′t afraid to have fun with a serious and complex topic. Beginning investment bankers, lawyers, and consultants can use it to develop a foundation for understanding deals before exploring a deeper expertise and specialty. Business executives and managers will find a one–stop, easy–to–read guide to help them navigate deals and understand their role in the process.

Written by a veteran executive with experience working with such leading companies as General Electric, VeriSign, General Motors, and UPS, Mergers and Acquisitions Basics explains the ins and outs of strategic transactions, as well as:

• Why a company should buy or sell
• Who the major players are and what roles they play
• What the key steps are to getting a deal done
• Where to find the most common mistakes and failures in strategic transactions

Complete with an appendix of real–world checklists, forms, and sample reports and presentations, Mergers and Acquisitions Basics is a must–have tool for CEOs, CFOs, finance executives, and other business leaders involved in strategic transactions.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2005
• ISBN 10: 0471675180
• ISBN 13: 9780471675181
• Binding: Hardcover
• Language: English
• Number of pages: 320