Section outline

  • Welcome to "Mergers and Acquisitions (M&A)!" The purpose of this module is to discuss some crucial financial issues surrounding takeover decisions. This introductory section motivates the topic and provides an overview of the module structure.

     
    M&A Course Picture  

    The main learning goals of this module are:
    • Know the main forms of takeover and their relevance.
    • Understand the basic M&A process.
    • Know the key considerations to determine the offer price.
    • Use a simple model to understand the ownership and value implications of any deal structure.
    • Learn why it is difficult to create value with M&A.

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      The following resources motivate the topic and summarize the logic of the module: