Overview
The Regulatory Framework. Identifying and Valuing the Business. The Structure of the Transaction. Due Diligence. Paying for the Acquisition. Shareholders' Agreements. Merger Control and the Anti-Trust Laws in the EC, UK, and USA. Rules imposed by the City's 'Self-regulatory' Authorities. Market Dealings. Employment Implications. Tax Planning. Accounting for Acquisitions and Mergers. Current Trends in Acquisition Activity. The Shape of Things to Come. Appendices.
Synopsis
This book (now in its third edition) is directed primarily at businessmen and their professional advisers. It provides a lucid, informative and above all practical guide to the legal, financial and administrative issues which arise in the course of merger acquisition activity. It covers acquisitions of private companies and listed public companies, as well as of business undertakings. Whereas most textbooks are concerned exclusively with legal or (as the case may be) financial theory and do not recognise the multifaceted information needs of businessmen and bear little relation to the rude practicalities of corporate acquisition activity, this major work responds to that considerable requirement. The object is to enable the businessman to recognise those issues which require detailed professional advice and to formulate the questions on which advise is needed. Professional advisers involved in M & A activity (be they bankers, solicitors, tax consultants, accountants public relations advisers or actuaries) will find this book of value.