Following a quiet period in global M&A activity, a new boom seems to be underway, but in an age where two-thirds of all merger deals can be said to fail (where deals fall short of the minimum required financial returns to the acquiring company), how can future success be guaranteed? And what can acquirers, and their shareholders and advisers, do to improve the chances of success? Masterminding the Deal looks at performance in two critical areas - merger segmentation (the identification of critical characteristics and attributes separating more successful mergers from the rest) and category-specific synergy diagnosis (the differentiation of synergy benefits - expenses, revenues, tax - to ensure maximum rewards). Through this in-depth analysis, the book provides the managers and advisers of acquiring firms with concise and actionable frameworks to improve and enhance merger performance. Masterminding the Deal will help you to identify and apply the key components of merger success.
Chapter - 00: Introduction; Chapter - 01: The next merger boom is already here; Chapter - 02: Debunking the six merger fallacies that destroy value; Chapter - 03: Criteria: First, get the merger valuation methodology right; Chapter - 04: Merger segmentation comes of age; Chapter - 05: Mergers still fail, but does it matter?; Chapter - 06: The merger megaboom's signature IPO: Facebook; Chapter - 07: Towards systematic investigation and implementation of post-merger synergies; Chapter - 08: The seven keys to merger success