Seize the competitive advantage with today’s most powerful strategic tool—M&A “Given the influence of technology, globalization, and regulatory change, M&A will continue to shape our industries. For most companies, therefore, the consideration of M&A in strategy is now fundamental.” –from the Introduction to Part I The Art of M&A Strategy is exactly what you need to build mergers, acquisitions, and divestitures into your overall business strategy—to make M&A a competitive advantage and avoid landing on the long list of M&A failures. Experts in the field of M&A, Smith and Lajoux demystify this otherwise complex subject by taking you through the types of M&A strategy and the key steps to successful M&A strategy development and implementation. The Art of M&A Strategy is conveniently organized into three sections: Part I presents a range of possible corporate strategy situations and provides the role and rationale for M&A in each, such as building and managing a portfolio, participating in industry consolidation, spurring corporate growth, and using acquisitions to create “real options.” Part II outlines how to determine the role of M&A in your strategy—taking into consideration industry context, competitive imperatives, and strategy options—and explains how to find and screen partners, decide whether to buy or sell, and engage the board of directors in M&A decisions. Part III covers M&A as a sustained corporate program, particularly in the context of international growth, outlining the most strategic aspects of post-merger integration, describing how to use advisors throughout the process, and examining core competencies required for successful M&A programs. The authors illuminate the purpose and process of applying M&A with real-world success stories involving Cisco, GE, Google, and many other companies that have leveraged M&A for strategic success. Use The Art of M&A Strategy to create a powerful strategy position for success in today’s changing business environment and to seize and hold competitive advantage.
The classic book on M & A covering all aspects of mergers, acquisitions, and buyouts.
I will use this often in advising client boards and CEOs.” --Thomas Bakewell, JD, CPA, counsel to CEOs and boards, St. Louis “I would highly recommend this book to anyone wanting to see the big picture surrounding the important work of ...
Under 16b, an ex-stockholder of a company has standing to sue as long as it owns a security traded by the defendant. Mendell filed a 16b (insider trading) complaint against a collection of limited partnerships, general partnerships, ...
The Art of M&A Due diligence is today's most useful guidebook for uncovering problems and inconsistencies while they are still manageable.
Written in the trademark Q&A style that made The Art of M&A a landmark business bestseller, this book is filled with real-world examples and cases.
Organizations continue to deconglomerate, delayer, downsize, and concentrate on their core product and service lines, putting thousands of valuable companies on the market - and making them prime candidates for...
From the practical to the philosophical, this is the book for any company considering a merger or acquisition." —Doug Parker, chairman and CEO, US Airways ince The Complete Guide to Mergers and Acquisitions was published in 2000, merger ...
Through this in-depth analysis, the book provides the managers and advisers of acquiring firms with concise and actionable frameworks to improve and enhance merger performance.
Sweeping changes brought on by the Dodd-Frank Act as well as the new economic environment still emerging from the 2007–2009 financial crisis makes this timely guide a must-read for everyone involved in banking and M&A. From valuing a ...
this book possible, including Noah Schwartzberg, Senior Editor, Business; Ami Li, Editorial Assistant; Donya Dickerson, Editorial Director; and Christopher Brown, Publisher. Working with the team, Ginny Carroll of North Market Street ...