| Document Type
|
:
|
BL
|
| Record Number
|
:
|
859757
|
| Main Entry
|
:
|
Kumar, B. Rajesh
|
| Title & Author
|
:
|
Wealth creation in the world's largest mergers and acquisitions : : integrated case studies /\ B. Rajesh Kumar.
|
| Publication Statement
|
:
|
Cham, Switzeland :: Springer,, [2019]
|
| Series Statement
|
:
|
Management for professionals
|
| Page. NO
|
:
|
1 online resource
|
| ISBN
|
:
|
303002363X
|
|
|
:
|
: 3030023648
|
|
|
:
|
: 9783030023638
|
|
|
:
|
: 9783030023645
|
|
|
:
|
3030023621
|
|
|
:
|
9783030023621
|
| Contents
|
:
|
Intro; Preface; Acknowledgment; Contents; 1: Mergers and Acquisitions; Introduction; Strategic Drivers for M & A in Different Industry Sectors; Different M & A Strategies; Motivation for Mergers and Acquisitions; Types of M Synergies in Mergers; Value Creation in Mergers; Due Diligence in Mergers and Acquisitions; Methods of Payment in M Post-merger Integration; Review of Research Studies on Mergers and Acquisitions; References; 2: Vodafone Acquisition of Mannesmann; Introduction; The Merger Story; Merger Highlights; Regulatory Issues; Strategic Perspective of the Merger
|
|
|
:
|
Merger CompletionStrategic Advantages; Integration Process; Regulatory Issues; Merger and Wealth Effects; Announcement Effects for DuPont; Announcement Effects for Dow Chemical; References; 6: Mergers and Acquisitions by Anheuser-Busch InBev; InBev's Acquisition of Anheuser-Busch; Merger of AB InBev with SABMiller; Transaction Highlights; Merger Synergy; Divestments due to the Merger Deal; Other Acquisitions of AB InBev; Merger Announcement Effect on Acquirer AB InBev's Stock Price (Table 6.2); References; 7: Merger of Kraft and Heinz Company; Introduction; Kraft Heinz Merger
|
|
|
:
|
Other AcquisitionsSpin-Offs; Spin-Off of AOL; Spin-Off of Time Warner Cable; Spin-Off of Time Inc.; AT & T Acquires Time Warner; References; 4: Acquisitions by Verizon; Introduction; Verizon Communications Acquisition of Verizon Wireless; Financial Highlights of the Deal; Strategic Perspective of the Deal; Verizon's Acquisition of AOL; Acquisition of Yahoo by Verizon Communications; Other Corporate Restructuring by Verizon; References; 5: DowDuPont Merger; Dow Chemical Company; Divestitures; Restructuring Plan; DuPont; Restructuring by DuPont; DowDuPont; Merger Announcement; Merger Highlights
|
|
|
:
|
Post-merger IntegrationMerger Analysis; Operating Performance Analysis (Table 2.6); Stock Wealth Analysis: Acquirer; Wealth Analysis of Target Firm; References; 3: American Online: Time Warner Merger and Other Restructuring; Introduction; Highlights of Time Warner; Corporate Restructuring by Time Warner (Table 3.1); Time Inc. Merges with Warner Communications; Time Warner-Turner Broadcasting Merger; American Online and Time Warner Merger; Strategic Perspective; Reasons for Merger Failure; Wealth Effects of Merger on Time Warner (Tables 3.3 and 3.4); Operating Performance Analysis
|
|
|
:
|
Terms of the MergerMerger Synergies; Valuation Analysis; Effect of Merger Announcement; References; 8: Acquisitions by Pfizer; Introduction; Strategic Drivers for M & A in Pharmaceutical Industry; Mergers and Acquisitions by Pfizer; Pfizer Acquisition of Warner-Lambert; Highlights of the Deal; Strategic Perspective of the Deal; Acquisition Announcement Effect on Stock Wealth; Pfizer-Pharmacia Merger; Strategic Advantage; Merger Highlights; Wealth Creation in Pfizer-Pharmacia Merger; Merger with Wyeth; Terms of the Merger; Deal Synergies; Strategic Advantages
|
| Abstract
|
:
|
This book highlights research-based case studies in order to analyze the wealth created in the world's largest mergers and acquisitions (M & A). This book encourages cross fertilization in theory building and applied research by examining the links between M & A and wealth creation. Each chapter covers a specific case and offers a focused clinical examination of the entire lifecycle of M & A for each mega deal, exploring all aspects of the process. The success of M & A are analyzed through two main research approaches: event studies and financial performance analyses. The event studies examine the abnormal returns to the shareholders in the period surrounding the merger announcement. The financial performance studies examine the reported financial results of acquirers before and after the acquisition to see whether financial performance has improved after merger. The relation between method of payment, premium paid and stock returns are examined. The chapters also discuss synergies of the deal-cost and revenue synergies.
|
| Subject
|
:
|
Consolidation and merger of corporations-- Economic aspects.
|
| Subject
|
:
|
Consolidation and merger of corporations-- Economic aspects.
|
| Dewey Classification
|
:
|
658.1/62
|
| LC Classification
|
:
|
HG4028.M4K86 2019
|