The authoritative guide M&A professionals have relied on for 35 years-with critical new insights and approaches based on lessons learned from major events and trends of the 2020s
For senior executives, bankers, attorneys, accountants, and others, The Art of M&A is the go-to resource for anyone conducting or advising on M&A transactions. It guides you through all phases of the process, covering strategy, valuation, financing, structuring, due diligence, negotiation, closing, and integration/divestitures. Complete with updated research, case law, tax codes, accounting standards, and regulations, this new edition reflects important changes in practices, market trends, court decisions, and state and federal regulations. Updates include:
. New deal examples throughout, from Kroger's/Albertson to X Holdings I, Inc./Twitter
. The latest Delaware legal cases affecting merger agreements, including "fiduciary out" and "material adverse change" clauses critical to buyers and sellers alike
. Brand-new topics, such as de-SPACing, locked-boxes, the one percent US buyback tax, and the pending global minimum tax
The Art of M&A is an indispensable resource for anyone engaged in envisioning, structuring, closing, and prospering from deals that benefit everyone involved.