Applied Mergers and Acquisitions, + CD-ROM Book

	Foreword
	Preface
Pt. 1	Introduction and Key Themes	1
Ch. 1	Introduction and Executive Summary	3
Ch. 2	Ethics in M&A	13
Ch. 3	Does M&A Pay?	30
Pt. 2	Strategy and the Origination of Transaction Proposals	67
Ch. 4	M&A Activity	69
Ch. 5	Cross-Border M&A	98
Ch. 6	Strategy and the Uses of M&A to Grow or Restructure the Firm	123
Ch. 7	Acquisition Search and Deal Origination: Some Guiding Principles	183
Pt. 3	Diligence, Valuation, and Accounting	205
Ch. 8	Due Diligence	207
Ch. 9	Valuing Firms	247
Ch. 10	Valuing Options	296
Ch. 11	Valuing Synergies	325
Ch. 12	Valuing the Firm across Borders	348
Ch. 13	Valuing the Highly Levered Firm, Assessing the Highly Levered Transaction	393
Ch. 14	Real Options and Their Impact on M&A	424
Ch. 15	Valuing Liquidity and Control	455
Ch. 16	Financial Accounting for Mergers and Acquisitions	478
Ch. 17	Momentum Acquisition Strategies: An Illustration of Why Value Creation Is the Best Financial Criterion	511
Pt. 4	Design of Detailed Transaction Terms	529
Ch. 18	An Introduction to Deal Design in M&A	531
Ch. 19	Choosing the Form of Acquisitive Reorganization	547
Ch. 20	Choosing the Form of Payment and Financing	564
Ch. 21	Framework for Structuring the Terms of Exchange: Finding the "Win-Win" Deal	589
Ch. 22	Structuring and Valuing Contingent Payments in M&A	609
Ch. 23	Risk Management in M&A	636
Ch. 24	Social Issues	668
Pt. 5	Rules of the Road: Governance, Laws, and Regulations	683
Ch. 25	How a Negotiated Deal Takes Place	685
Ch. 26	Governance in M&A: The Board of Directors and Shareholder Voting	703
Ch. 27	Rules of the Road: Securities Law, Issuance Process, Disclosure, and Insider Trading	725
Ch. 28	Rules of the Road: Antitrust Law	742
Ch. 29	Documenting the M&A Deal	766
Pt. 6	Competition, Hostility, and Behavioral Effects in M&A	771
Ch. 30	Negotiating the Deal	773
Ch. 31	Auctions in M&A	790
Ch. 32	Hostile Takeovers: Preparing a Bid in Light of Competition and Arbitrage	804
Ch. 33	Takeover Attack and Defense	824
Ch. 34	The Leveraged Restructuring as a Takeover Defense: The Case of American Standard	856
Pt. 7	Communication, Integration, and Best Practice	877
Ch. 35	Communicating the Deal: Gaining Mandates, Approvals, and Support	879
Ch. 36	Framework for Postmerger Integration	891
Ch. 37	Corporate Development as a Strategic Capability: The Approach of GE Power Systems	914
Ch. 38	M&A "Best Practices": Some Lessons and Next Steps	926
	About the CD-ROM	939
	References and Suggestions for Further Reading	945
	Index	1001