Mergers and Acquisitions can take many forms. The most important distinction among them is the method of payment: cash or cash shares or 100% in shares. All-share deals in turn can take several forms: legal merger, contribution of shares and asset contribution. The economics of the business combination are independent of the financial arrangements. When the deal is negotiated, the companies are valued and the relative value ratio and exchange ratio are set.

Mergers and demergers

DALLOCCHIO, MAURIZIO;SALVI, ANTONIO;
2008

Abstract

Mergers and Acquisitions can take many forms. The most important distinction among them is the method of payment: cash or cash shares or 100% in shares. All-share deals in turn can take several forms: legal merger, contribution of shares and asset contribution. The economics of the business combination are independent of the financial arrangements. When the deal is negotiated, the companies are valued and the relative value ratio and exchange ratio are set.
9780470078150
Frank J. Fabozzi
Handbook of Finance
Dallocchio, Maurizio; Salvi, Antonio; P., Quiry; Y., Lefur
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11565/2740191
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact