Master the latest insights, lessons, and best practice techniques for accurately valuing companies for potential mergers, acquisitions, and restructurings. Concise, realistic, and easy to use, Valuation for Mergers and Acquisitions, Second Edition has been fully updated to reflect the field's latest and most useful "rules of thumb," compare every modern approach to valuation, offering practical solutions for today's most complex and important valuation challenges. Treating valuation as both an art and a science, it covers the entire process, offering up-to-the-minute real-world advice, examples, and case studies. Leading valuation experts Barbara S. Petitt and Kenneth R. Ferris introduce and compare leading techniques including discounted cash flow analysis, earnings multiples analysis, adjusted present value analysis, economic value analysis, and real option analysis. They fully address related concerns such as the accounting structure of deals, accounting for goodwill, tax considerations, and more. Throughout, they identify common errors that lead to inaccurate valuation, and show how to avoid them. From start to finish, this guide doesn't just make valuation comprehensible: it provides the tools and insight to make valuation work. For all financial professionals concerned with valuation, especially those involved in potential mergers, acquisitions, and restructurings; and for corporate finance instructors and students in Executive MBA programs concerned with valuation.
But accurate valuations are possible, and M&A deals can succeed for both buyers and sellers. The authors of this book have provided valuation advisory services to hundreds of companies and thousands of corporate executives.
This dependable resource now features a streamlined, quick-reference format to seamlessly answer your everyday questions on: Negotiating toward a win-win outcome in any M&A transaction—as a buyer and a seller Building company value ...
This book is a great reference for sellers, investors, financing sources, professionals, and students of the subject involved in private M&A." —Peter Blasier, Partner, Reed Smith LLP "In this second edition of Valuation for M&A, Mellen ...
Throughout, they identify common errors that lead to inaccurate valuation, and show how to avoid them. From start to finish, this guide doesn't just make valuation comprehensible: it provides the tools and insight to make valuation work .
This book will be invaluable to anyone engaged in a practical or academic investigation of company valuation and Due Diligence Process in Mergers and Acquisitions. This book covers American and Indian Corporate Cases.
This is a welcome addition to the literature in applied corporate finance.”—Joel M. Stern, Managing Partner, Stern, Stewart & Co. When should you acquire a target or enter a new business?
This dependable resource now features a streamlined, quick-reference format to seamlessly answer your everyday questions on: Negotiating toward a win-win outcome in any M&A transaction—as a buyer and a seller Building company value ...
This book provides a unique combination of practical valuation techniques with the most current thinking to provide an up-to-date synthesis of valuation theory as it applies to mergers, buyouts and restructuring.
Save time modeling transactions with professional-grade software The CD included with this book contains DealModeler and Valuation Aids software.
This book represents an important step in filling this gap." — Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School Coauthor, Venture Capital and Private Equity: A Casebook "Valuation is the key to any ...