Merger Masters

Author : Kate Welling,Mario Gabelli
Publisher : Columbia University Press
Page : 389 pages
File Size : 46,6 Mb
Release : 2018-11-06
Category : Business & Economics
ISBN : 9780231548915

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Merger Masters by Kate Welling,Mario Gabelli Pdf

Merger Masters presents revealing profiles of monumentally successful merger investors based on exclusive interviews with some of the greatest minds to practice the art of arbitrage. Michael Price, John Paulson, Paul Singer, and others offer practical perspectives on how their backgrounds in the risk-conscious world of merger arbitrage helped them make their biggest deals. They share their insights on the discipline that underlies their fortunes, whether they practice the “plain vanilla” strategy of announced deals, the aggressive strategy of activist investment, or any strategy in between on the risk spectrum. Merger Masters delves into the human side of risk arbitrage, exploring how top practitioners deal with the behavioral aspects of generating consistent profits from risk arbitrage. The book also includes perspectives from the other side of the mergers and acquisitions divide in the form of interviews with a trio of iconic CEOs: Bill Stiritz, Peter McCausland, and Paul Montrone. All three took advantage of M&A opportunities to help build long-term returns but often found themselves at odds with the short-term focus of Wall Street and merger investors. Told in lively, accessible prose, with bonus facts and figures for transaction junkies, Merger Masters is an incomparable set of stories with plenty of unfiltered lessons from the best managers of our time.

Author : Lionel Melka,Amit Shabi
Publisher : John Wiley & Sons
Page : 325 pages
File Size : 43,5 Mb
Release : 2014-02-03
Category : Business & Economics
ISBN : 9781118440018

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Merger Arbitrage by Lionel Melka,Amit Shabi Pdf

A wave of corporate mergers, acquisitions, restructuring, and similar transactions has created unprecedented opportunities for those versed in contemporary risk arbitrage techniques. At the same time, the nature of the merger wave has lent such transactions a much higher degree of predictability than ever before, making risk arbitrage more attractive to investors. Surprisingly, there is little transparency and instruction for investors interested in learning the latest risk arbitrage techniques. Merger Arbitrage – A Fundamental Approach to Event-Driven Investing helps readers understand the inner workings of the strategy and hedge funds which engaged in this investment strategy. Merger arbitrage is one of the most commonly used strategies but paradoxically one of the least known. This book puts it in the spotlight and explains how fund managers are able to benefit from mergers and acquisitions. It describes how to implement this strategy, located at the crossroad of corporate finance and asset management, and where its risks lie through numerous topical examples. The book is split into three parts. The first part, examining the basis of merger arbitrage, looks at the key role of the market in takeover bids. It also assesses the major changes in the financial markets over recent years and their impact on M&A. Various M&A risk and return factors are also discussed, alongside the historical profitability of merger arbitrage, the different approaches used by fund managers and the results of academic studies on the subject. The second part of the book deals with the risk of an M&A transaction failing in terms of financing risk, competition issues, the legal aspects of merger agreements and administrative and political risks. The third part of the book examines specificities of M&A transactions, comprehensively covering hostile takeovers and leveraged buyouts. Each part contains many recent examples and case studies in order to show how the various theories and notions are put into practice. From researching prospects and determining positions, to hedging and trading tactics, Lionel Melka and Amit Shabi present the full complement of sophisticated risk arbitrage techniques, making Merger Arbitrage a must read for finance and investment professionals who want to take advantage of the nearly limitless opportunities afforded by today’s rapidly changing global business environment. The book builds on its authors’ diverse backgrounds and common experience managing a merger arbitrage fund, providing readers with an enriching inside view on M&A operations. Translated by Andrew Fanko and Frances Thomas

Author : Peter F. Trent
Publisher : McGill-Queen's Press - MQUP
Page : 700 pages
File Size : 53,9 Mb
Release : 2012
Category : History
ISBN : 9780773539327

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Merger Delusion by Peter F. Trent Pdf

The story of the fight against the forced merger of Montreal municipalities and the world's first metropolitan de-merger.

Author : Dean Budnick,Josh Baron
Publisher : Penguin
Page : 417 pages
File Size : 52,8 Mb
Release : 2012-04-24
Category : Music
ISBN : 9781101580554

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Ticket Masters by Dean Budnick,Josh Baron Pdf

“A clear, comprehensive look at a murky business.” —The Wall Street Journal Your favorite band has just announced their nationwide tour. Should you pay to join their fan club and get in on the pre-sale? No, you decide to wait. But the on-sale date arrives, and the site is jammed. You can’t get on—and the concert is sold out in six minutes. What happened? What now? Music journalists Dean Budnick and Josh Baron chronicle the behind-the-scenes history of the modern concert industry. Filled with entertaining rock-and-roll anecdotes about The Rolling Stones, The Grateful Dead, Pearl Jam, and more—and charting the emergence of players like Ticketmaster, StubHub, Live Nation, and Outbox—Ticket Masters will transfix every concertgoer who wonders just where the price of admission really goes. This edition has an updated epilogue that covers recent industry developments.

Author : Ivan F. Boesky
Publisher : Holt McDougal
Page : 264 pages
File Size : 43,9 Mb
Release : 1985
Category : Arbitrage
ISBN : UOM:49015001176610

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Merger Mania by Ivan F. Boesky Pdf

Author : Robert Finkel,David Greising
Publisher : McGraw Hill Professional
Page : 384 pages
File Size : 54,8 Mb
Release : 2009-12-21
Category : Business & Economics
ISBN : 9780071624619

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The Masters of Private Equity and Venture Capital by Robert Finkel,David Greising Pdf

Ten Leading private investors share their secrets to maximum profitability In The Masters of Private Equity and Venture Capital, the pioneers of the industry share the investing and management wisdom they have gained by investing in and transforming their portfolio companies. Based on original interviews conducted by the authors, this book is filled with colorful stories on the subjects that most matter to the high-level investor, such as selecting and working with management, pioneering new markets, adding value through operational improvements, applying private equity principles to non-profits, and much more.

Author : David Harding,Sam Rovit
Publisher : Harvard Business Press
Page : 248 pages
File Size : 41,7 Mb
Release : 2004-11-04
Category : Business & Economics
ISBN : 1422163407

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Mastering the Merger by David Harding,Sam Rovit Pdf

Today's corporate deal makers face a conundrum: Though 70% of major acquisitions fail, it's nearly impossible to build a world-class company without doing deals. In Mastering the Merger, David Harding and Sam Rovit argue that a laserlike focus on just four key imperatives--before executives finalize the deal--can dramatically improve the odds of M&A success. Based on more than 30 years of in-the-trenches work on thousands of deals across a range of industries--and supplemented by extensive Bain & Co. research--Harding and Rovit reveal that the best M&A performers channel their efforts into (1) targeting deals that advance the core business; (2) determining which deals to close and when to walk away; (3) identifying where to integrate--and where not to; and (4) developing contingency plans for when deals inevitably stray. Top deal makers also favor a succession of smaller deals over complex "megamergers"--and essentially institutionalize a success formula over time. Helping executives zero in on what matters most in the complex world of M&A, Mastering the Merger offers a blueprint for the decisions and strategies that will beat the odds.

Author : David La Piana
Publisher : Turner Publishing Company
Page : 305 pages
File Size : 41,6 Mb
Release : 2008-09-10
Category : Business & Economics
ISBN : 9781618589286

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The Nonprofit Mergers Workbook Part I by David La Piana Pdf

Nonprofit mergers are on the rise. Executive directors and board members are discovering the advantages: comprehensive service delivery, better finances, more powerful fundraising, increased market share. Bottom line, mergers make more mission possible. From assessing reasons and readiness, to finding a partner, to negotiating the best path, to budgeting and implementation, author David La Piana guides you through the maze of options with a steady hand. Based on experience with more than sixty mergers, this handbook is the perfect starting point for any nonprofit exploring a possible merger and a basic resource for all nonprofit managers. You'll find: how to decide what kind of structure from collaboration to merger meets your goals how to know your own motivation and keep your mission forefront what kind of merger best fits your goals, structure, and financial situation how to seek merger partners and objectively assess the pros and cons of each how to manage the boards essential role in merger considerations; how to exercise due diligence and write the merger agreement how to deal with the rumor mill what you can do yourself, when to call in attorneys and consultants, and how to select them typical roadblocks and how to beat them how to move past old history and build new traditions as you integrate staff, management, boards, systems, and corporate cultures how to budget for and raise funds to implement the merger and much more! Full merger case studies, decision trees, twenty-two worksheets, checklists, tips, milestones, an extensive resource section and many samples including the minutes of a completed merger negotiation give you concrete assistance with your own merger plans and implementation. A special chapter written for nonprofit organizational consultants explains their roles and responsibilities in assisting clients interested in merger.

Author : Jeffrey Bussgang
Publisher : Penguin
Page : 256 pages
File Size : 41,5 Mb
Release : 2010-04-29
Category : Business & Economics
ISBN : 9781101427378

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Mastering the VC Game by Jeffrey Bussgang Pdf

Entrepreneurs who dream of building the next Amazon, Facebook, or Google can take advantage of one of the most powerful economic engines the world has ever known: venture capital. To do so, you need to woo, impress, and persuade venture capitalists to take a risk on an unproven idea. That task is challenge enough. But choosing the right investor can be harder still. Even if you manage to get backing, you want your VC to be a partner, not some adversary who will undermine your vision in order to make a quick return. Jeffrey Bussgang is one of a few people who have played on both sides of this high-stakes game. By his early thirties, he had helped build two successful start-ups-one went public, the other was acquired. Now he draws on his experience and unique perspective on the "other side" as a venture capitalist helping entrepreneurs bring their dreams to fruition. Bussgang offers detailed insights, colorful stories, and practical advice gathered from his own experience as well as from interviews with dozens of the most successful players on both sides of the game, including Twitter's Jack Dorsey and LinkedIn's Reid Hoffman. He reveals how to get noticed, perfect a pitch, and negotiate a partnership that works for everyone. An insider's guide to the secrets of the world venture capital, Mastering the VC Game will prove invaluable for entrepreneurs seeking capital and successful partnerships.

Author : Freemasons. New York (State) Royal and Select Masters. Grand Council
Publisher : Unknown
Page : 814 pages
File Size : 41,9 Mb
Release : 1881
Category : Electronic
ISBN : CORNELL:31924064677234

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Proceedings - Grand Council of Royal and Select Masters of the State of New York by Freemasons. New York (State) Royal and Select Masters. Grand Council Pdf

Author : Patrick A. Gaughan
Publisher : John Wiley & Sons
Page : 1063 pages
File Size : 42,8 Mb
Release : 2017-11-27
Category : Business & Economics
ISBN : 9781119380733

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Mergers, Acquisitions, and Corporate Restructurings by Patrick A. Gaughan Pdf

The essential M&A primer, updated with the latest research and statistics Mergers, Acquisitions, and Corporate Restructurings provides a comprehensive look at the field's growth and development, and places M&As in realistic context amidst changing trends, legislation, and global perspectives. All-inclusive coverage merges expert discussion with extensive graphs, research, and case studies to show how M&As can be used successfully, how each form works, and how they are governed by the laws of major countries. Strategies and motives are carefully analyzed alongside legalities each step of the way, and specific techniques are dissected to provide deep insight into real-world operations. This new seventh edition has been revised to improve clarity and approachability, and features the latest research and data to provide the most accurate assessment of the current M&A landscape. Ancillary materials include PowerPoint slides, a sample syllabus, and a test bank to facilitate training and streamline comprehension. As the global economy slows, merger and acquisition activity is expected to increase. This book provides an M&A primer for business executives and financial managers seeking a deeper understanding of how corporate restructuring can work for their companies. Understand the many forms of M&As, and the laws that govern them Learn the offensive and defensive techniques used during hostile acquisitions Delve into the strategies and motives that inspire M&As Access the latest data, research, and case studies on private equity, ethics, corporate governance, and more From large megadeals to various forms of downsizing, a full range of restructuring practices are currently being used to revitalize and supercharge companies around the world. Mergers, Acquisitions, and Corporate Restructurings is an essential resource for executives needing to quickly get up to date to plan their own company's next moves.

Author : Philip A. Fisher
Publisher : John Wiley & Sons
Page : 246 pages
File Size : 47,6 Mb
Release : 2007-08-03
Category : Business & Economics
ISBN : 9780470139493

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Paths to Wealth Through Common Stocks by Philip A. Fisher Pdf

Paths to Wealth through Common Stocks contains one original concept after another, each designed to greatly improve the results of those who self-manage their investments -- while helping those who rely on professional investment advice select the right advisor for their needs. Originally written by investment legend Philip A. Fisher in 1960, this timeless classic is now reintroduced by his well-known and respected son, successful money manager Ken Fisher, in a new Foreword. Filled with in-depth insights and expert advice, Paths to Wealth through Common Stocks expands upon the innovative ideas found in Fisher's highly regarded Common Stocks and Uncommon Profits -- summarizing how worthwhile profits have been and will continue to be made through common stock ownership, and revealing why his method can increase profits while reducing risk. Many of the ideas found here may depart from conventional investment wisdom, but the impressive results produced by these concepts -- which are still relevant in today's market environment -- will quickly remind you why Philip Fisher is considered one of the greatest investment minds of our time.

Author : Joshua Stone
Publisher : iUniverse
Page : 244 pages
File Size : 48,5 Mb
Release : 2001-09-19
Category : Body, Mind & Spirit
ISBN : 9781469716626

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Secrets of the Ages as Revealed by Spirit and the Masters by Joshua Stone Pdf

This book is one of the most fascinating of my 40 volume Ascension Book Series. Electrifying reading! This book will leave your absolutely riveted and glued to every chapter. You will not be able to put it down. Spirit and the Masters have systematically revealed the Secrets of the Ages that people have been asking about for the last 2000 years. These are the Secrets from the inner plane Ascended Masters revealed on subjects that have never been discussed before in written form on Earth!

Author : Freemasons. United States. Royal and Select Masters. General Grand Council
Publisher : Unknown
Page : 922 pages
File Size : 50,8 Mb
Release : 1883
Category : Electronic
ISBN : CORNELL:31924016288262

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Proceedings of the General Grand Council of Royal and Select Masters of the United States of America at Its ... Triennial Assembly by Freemasons. United States. Royal and Select Masters. General Grand Council Pdf

Author : Isadore Barmash
Publisher : Beard Books
Page : 260 pages
File Size : 43,8 Mb
Release : 2003
Category : Business & Economics
ISBN : 1587981734

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Welcome to Our Conglomerate - You're Fired by Isadore Barmash Pdf

The inside story of business takeovers and the circus that ensues in the merger field.