Wübben German Mergers & Acquisitions in the USA
2007
ISBN: 978-3-8350-9469-7
Verlag: Deutscher Universitätsverlag
Format: PDF
Kopierschutz: 1 - PDF Watermark
Transaction management and success
E-Book, Englisch, 336 Seiten, eBook
ISBN: 978-3-8350-9469-7
Verlag: Deutscher Universitätsverlag
Format: PDF
Kopierschutz: 1 - PDF Watermark
Bernd Wübben analyzes the success of 87 German mergers and acquisitions in the USA during the period from 1990 to 2004. Employing a study of the capital markets' reaction and a survey of acquirers' executives, he shows that US transactions on average enhanced value for German companies and their shareholders. The author integrates the findings of both methodologies to identify the determinants of transaction success, including characteristics of the German acquiring and the US target companies as well as of the acquisition structure and management.
Dr. Bernd Wübben promovierte bei Prof. Dr. Dirk Schiereck am Institute for Mergers & Acquisitions der Universität Witten/Herdecke. Er ist Senior Manager in der German Practice der KPMG Deutsche Treuhand-Gesellschaft in New York.
Zielgruppe
Research
Weitere Infos & Material
1;To Suzanne;6
2;Foreword;7
3;Preface;8
4;Overview of contents;9
5;Contents;10
6;List of figures;16
7;List of tables;18
8;List of abbreviations;21
9;1 Introduction;24
10;2 Conceptual framework;28
11;3 Special considerations for structuring and managing a cross-border acquisition of a U. S. target company;75
12;4 Prior research on the success of cross-border acquisitions and its determinants;140
13;5 Empirical analysis of the success of German acquisitions in the United States;188
14;6 Summary and outlook;280
15;Appendix;285
15.1;A Survey of executives;286
15.2;B Capital market based event study;295
16;References;316
Conceptual framework.- Special considerations for structuring and managing a cross-border acquisition of a U.S. target company.- Prior research on the success of cross-border acquisitions and its determinants.- Empirical analysis of the success of German acquisitions in the United States.- Summary and outlook.