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.
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.