Wealth Creation in the World's Largest Mergers and Acquisitions

Integrated Case Studies

Wealth Creation in the World's Largest Mergers and Acquisitions

Integrated Case Studies

74,89 €*

in Vorbereitung

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. 
Mergers and acquisitions represent a major force in modern financial and economic environment. Whether in times of boom or bust, M&As have emerged as a compelling strategy for growth. The biggest companies of modern day have all taken form through a series of restructuring activities like multiple mergers. Acquisitions continue to remain as the quickest route companies take to operate in new markets and to add new capabilities and resources. The cases covered in this book highlights high profile M&As and focuses on the wealth creation for shareholders of acquirer and target firms as a financial assessment of the merger's success. The book should be useful for finance professionals, corporate planners, strategists, and managers.

Chapter 1. Theoretical Perspectives on Mergers and Acquisitions
Chapter 2. Vodafone Acquisition of Mannesmann
Chapter 3. American Online -Time Warner Merger and other restructuring
Chapter 4. Acquisitions by Verizon,- Chapter 5. Dow DuPont Merger
Chapter 6. Mergers and Acquisitions by Anheuser Busch InBev
Chapter 7. Merger of Kraft and Heinz Company
Chapter 8. Acquisitions by Pfizer
Chapter 9. Exxon Mobil Merger
Chapter 10. Citicorp -Travelers Group Merger
Chapter 11. AT&T -Time Warner Acquisition
Chapter 12. ABN AMRO Acquisition by RFS holding
Chapter 13. Glaxo SmithKline Merger
Chapter 14. Acquisitions by Royal Dutch Shell
Chapter 15. Bell South Merger with AT&T
Chapter 16. Comcast acquisition of AT&T Broadband
Chapter 17. Key Mergers of J P Morgan Chase
Chapter 18. Charter Communication acquisition of Time Warner Cable
Chapter 19. Actavis-Allergan Merger Deal
Chapter 20. Dell's Acquisition of EMC
Chapter 21. Altria Group's spin off of Philip Morris International Inc
Chapter 22. Vodafone Air Touch Merger
Chapter 23. Bell Atlantic- GTE Merger
Chapter 24. British Petroleum merger with Amoco
Chapter 25. Qwest merger with US West
Chapter 26. WorldCom's Acquisition of MCI
Chapter 27. Microsoft's acquisition of LinkedIn
Chapter 28. Procter &Gamble's Acquisition of Gillette
Chapter 29. Oracle's hostile takeover of PeopleSoft
Chapter 30. Mergers and Acquisitions by Bank of America
Chapter 31. Gaze de Franc Merger with Suez
Chapter 32. Sanofi-Aventis Merger
Chapter 33. Bayer's Acquisition of Monsanto
Chapter 34. Roche Holding's acquisition of Genentech
Chapter 35. France Telecom SA-Orange PLC Merger
Chapter 36. Merck-Schering Plough Corp Merger
Chapter 37. Astra-Zeneca Merger
Chapter 38. HP Compaq Merger
Chapter 39. Major Acquisitions by Facebook
Chapter 40. JDS Uniphase Corp and SDL Inc. Merger
Chapter 41. KKR's acquisition of First Data
Chapter 42. Lucent Technologies Acquisition of Ascend Communications
Chapter 43. Vivendi Seagram Deal
Chapter 44. Daimler Chrysler Merger
Chapter 45. Arcelor Mittal Merger.
ISBN 978-3-030-02362-1
Artikelnummer 9783030023621
Medientyp Buch
Auflage 1st ed. 2019
Copyrightjahr 2018
Verlag Springer, Berlin
Umfang XII, 359 Seiten
Abbildungen XII, 359 p. 48 illus. in color.
Sprache Englisch