This was underscored by Susan Woodward, who found that private equity investments had an average beta of 0.86—meaning they are less risky than the market.4 She contrasted this with a beta for venture capital investments of 2.0.
This is an important topic, as a proper valuation can be the key between a successful and a failed transaction. The author, Patrick Gaughan—a noted expert in the field—takes an interdisciplinary approach.
This book provides an M&A primer for business executives and financial managers seeking a deeper understanding of how corporate restructuring can work for their companies.
Research shows that the dissidents are often former managers of the target or those who have prior experience in the target's line of business. The Dodd and Warner study found that only a minority of the proxy contests involved a battle ...
The world of mergers and corporate restructuring has undergone dramatic change in the past several years. The highly leveraged, bust-up deals of the 1980s have been replaced by more strategically...
... Knights, Raiders, and Targets (New York: Oxford University Press, 1988), 300–313. 30Yen-Sheng Huang and Ralph A. Walking, “Target Abnormal Returns Associated Trim Size: 7in x 10in Gaughan c15.tex V3 - 04/14/2015 11:56am Page 583 ...
The comprehensive guide to mergers, acquisitions, and corporate restructurings Mergers, Acquisitions, and Corporate Restructurings is an all-inclusive guide to M&As that illustrates how restructuring can be used successfully, how each form ...