Young Mergers and Aquisitions

Planning and Action
Erscheinungsjahr 2013
ISBN: 978-1-136-51338-1
Verlag: Taylor & Francis
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 248 Seiten

Thoroughly discussing the problems of uniting two independent companies (problems which are commonly underestimated), this book covers a wide range of subjects such as: laws and regulations governing mergers; consideration of financial and material resources; tax views; research and development prospects, as well as the matching and augmenting of skills and equipment of both companies and the adjustments to be made to stock-holders and servicers.

The issues of morale, retaining trained personnel, and the rearrangement of employee benefits and pensions are also examined.

Check lists, tabulated examples, a hypothetical case history and a comprehensive bibliography made up the extensive appendices.

Autoren/Hrsg.

Young, G. Richard

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Mergers & Acquisitions (M&A), Übernahmen & Buy-outs

Inhaltsverzeichnis

INTRODUCTION



PART I



CHAPTER I.

DEFINITION OF CORPORATE OBJECTIVES

Financial

Product And Marketing

Research, Development, and Engineering

Manufacturing

Personnel

Community Relations

Corporate Image



CHAPTER II.

EVALUATION OF RESOURCES

Management

Research, Engineering, And Product Development

Patents

Product Line and Product Features

Manufacturing

Marketing:

Organization

Markets and Market Position

Financial:

Existing

New

Post Merger



CHAPTER III.

FORWARD PLANNING

Growth Directions

Alternative Methods of Implementation

Reasons for Merger or Acquisitions Route:

Financial

Operating



CHAPTER IV.

CRITERIA

Industry

Company



CHAPTER V.

ORGANIZING FOR MERGER OR ACQUISITION



CHAPTER VI.

THE PROSPECT PRESENTATION

History and Present Business

Objectives and Plans

Reasons For Merger And Acquisition

Preferred Means of Exchange



PART II



CHAPTER VII.

SEARCH

For The Ideal Company

For The Available Company



CHAPTER VIII.

APPROACH AND EXPLORATION

Why Companies Sell Out:

Personal Reasons

Business Reasons

Determining the Right Contact

Tailoring The Approach



CHAPTER IX.

EVALUATION

Analysis of Operating Trends

Analysis of Accounting Methods and Procedures:

Inventories

Depreciation

Capitalizing And Expensing

Reserve for Bad Debts

Inclusion of Capital Gains In Earnings

Publicly Held vs. Closely Held Company Accounting

Other Financial Differences

Methods of Determining Value:

Appraisal of Assets

Discounted Cash Flow

Going Concern Value

Capitalization Of Earnings

CHAPTER X.

LEGAL, TAX, AND ACCOUNTING CONSIDERATIONS

The Legal View:

Definitions

Considerations

The Tax View:

Tax-Free Acquisitions

Taxable Acquisitions

The Accounting View:

Effect of 'Purchase' Accounting

Effect of Pooling Interest Accounting

Distinction Between 'Pooling' and 'Purchase' Accounting

Continuity of Ownership

Continuity of Business And Management

Relative Size



CHAPTER XI.

NEGOTIATION

Allocation of Profits

Method of Payment

Timing of Payment

Deferred Payment



CHAPTER XII.

ASSIMILATION