Mergers and acquisitions : book of readings

Institute of Chartered Financial Analysts of India

Mergers and acquisitions : book of readings - Hyderabad Institute of Chartered Financial Analysts of India 2002 - vi,220p.

CONTENTS
Principles of Valuation
Valuation of Net Stocks: The New Order Cometh 1
Solving the Tech Riddle 5
Calculating The Real Value of High -:Tech Companies 10
Creating a Practical Tool for Financial Valuation 14
Merger and Acquisitions Does Size Count in Mega-mergers 19
Playing M&A Poker with Value as the Chips 22
Mergermania Comes to Town 34
Hindalco-Indal Deal: Smelting a Good Synergy 42
Mergers and Acquisitions: Fizz Goes the Pop 52
India Cements -Raasi Deal: Cementing the Southern Citadel 54
NBFCs Merge to Survive 64
Mergers vs Alliances 68
In Merger Lies the Salvation 73
The M&A Triple Threat 76
Sell - Offs and Divestures Samsung: Eight in Harness 81
Market Leader Facing Anti Trust 83
AT&T- TCI Merger: Ma Bell's Tryst with Destiny 87
Balco Disinvestment: Dirty Politics Play Spoil Sport 96
Spinning-off for a Better Future 102
Deal Structuring Strategies Behind M & As 107
Pay-offs and Pitfalls in M&As 111
Mergers and Acquisitions: Deal Frenzy 114
Deals that Create Value 120
Restructuring >
Tata Tea-Tetley Deal: Not Everyone's Cup of Tea 127
Will Four AT&Ts be Better than One? 137
Restructuring for a better Tomorrow 140
A Strategic Acquisition by Lafarge 146
MNCs: Delisting Dilemma 149
Compaq - Digitial Equipment Merger 154
Going Off Line With AOL Time Warner 163
Accounting for Stock Options 166
Stock Options: Attracting People 170
The Alchemy of LBOs 174
Corporate Control
Divestment through SPV Route 183
Problems Associated with SPV Route 186
Disinvestment, at What Price? 188
Hostile Takeovers: Shape of Things to Come 194
Share Repurchase: To Buy or Not to Buy 196
Buyback: Enhancing Shareholder Wealth? 200
Stock Buybacks Speak Volumes 203
Share Buybacks Where are we headed? 208
Regulatory Environment and Public Policies
Takeover Code: In Letter or Spirit 213
Bankruptcy Law: The Bitter Medicine 215
M&As: Need for a "Competition Law" 219




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