Table Of Content

(cid:2) TrimSize:6inx9in Stefanowski ffirs.tex V1-03/05/2018 6:19pm Pagevi (cid:2) (cid:2) (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ffirs.tex V1-03/05/2018 6:19pm Pagei Material Adverse Change (cid:2) (cid:2) (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ffirs.tex V1-03/05/2018 6:19pm Pageii Founded in 1807, John Wiley & Sons is the oldest independent publishing company in the United States. With offices in North America, Europe, Australia and Asia, Wiley is globally committed to developing and mar- keting print and electronic products and services for our customers’ professionalandpersonalknowledgeandunderstanding. TheWileyFinanceseriescontainsbookswrittenspecificallyforfinance and investment professionals as well as sophisticated individual investors andtheirfinancialadvisors.Booktopicsrangefromportfoliomanagement toe-commerce,riskmanagement,financialengineering,valuationandfinan- cialinstrumentanalysis,aswellasmuchmore. For a list of available titles, visit our Web site at www.WileyFinance .com. (cid:2) (cid:2) (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ffirs.tex V1-03/05/2018 6:19pm Pageiii Material Adverse Change Lessons from Failed M&As (cid:2) (cid:2) ROBERT V. STEFANOWSKI (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ffirs.tex V1-03/05/2018 6:19pm Pageiv Copyright©2018byRobertV.Stefanowski.Allrightsreserved. PublishedbyJohnWiley&Sons,Inc.,Hoboken,NewJersey. PublishedsimultaneouslyinCanada. Nopartofthispublicationmaybereproduced,storedinaretrievalsystem,ortransmittedin anyformorbyanymeans,electronic,mechanical,photocopying,recording,scanning,or otherwise,exceptaspermittedunderSection107or108ofthe1976UnitedStatesCopyright Act,withouteitherthepriorwrittenpermissionofthePublisher,orauthorizationthrough paymentoftheappropriateper-copyfeetotheCopyrightClearanceCenter,Inc.,222 RosewoodDrive,Danvers,MA01923,(978)750–8400,fax(978)646–8600,orontheWeb atwww.copyright.com.RequeststothePublisherforpermissionshouldbeaddressedtothe PermissionsDepartment,JohnWiley&Sons,Inc.,111RiverStreet,Hoboken,NJ07030, (201)748–6011,fax(201)748–6008,oronlineatwww.wiley.com/go/permissions. LimitofLiability/DisclaimerofWarranty:Whilethepublisherandauthorhaveusedtheirbest effortsinpreparingthisbook,theymakenorepresentationsorwarrantieswithrespecttothe accuracyorcompletenessofthecontentsofthisbookandspecificallydisclaimanyimplied warrantiesofmerchantabilityorfitnessforaparticularpurpose.Nowarrantymaybecreated orextendedbysalesrepresentativesorwrittensalesmaterials.Theadviceandstrategies containedhereinmaynotbesuitableforyoursituation.Youshouldconsultwitha professionalwhereappropriate.Neitherthepublishernorauthorshallbeliableforanyloss ofprofitoranyothercommercialdamages,includingbutnotlimitedtospecial,incidental, consequential,orotherdamages. Forgeneralinformationonourotherproductsandservicesorfortechnicalsupport,please contactourCustomerCareDepartmentwithintheUnitedStatesat(800)762–2974,outside (cid:2) theUnitedStatesat(317)572–3993,orfax(317)572–4002. (cid:2) Wileypublishesinavarietyofprintandelectronicformatsandbyprint-on-demand.Some materialincludedwithstandardprintversionsofthisbookmaynotbeincludedine-booksor inprint-on-demand.IfthisbookreferstomediasuchasaCDorDVDthatisnotincludedin theversionyoupurchased,youmaydownloadthismaterialathttp://booksupport.wiley.com. FormoreinformationaboutWileyproducts,visitwww.wiley.com. LibraryofCongressCataloging-in-PublicationData Names:Stefanowski,Robert,author. Title:Materialadversechange:lessonsfromfailedM&As/byRobertV. Stefanowski. Description:Hoboken,NewJersey:JohnWiley&Sons,Inc.,[2018]|Includes index.| Identifiers:LCCN2017049041(print)|LCCN2017050859(ebook)|ISBN 9781118222430(pdf)|ISBN9781118236383(epub)|ISBN9781118066898 (cloth) Subjects:LCSH:Consolidationandmergerofcorporations—UnitedStates. Classification:LCCHD2746.55.U5(ebook)|LCCHD2746.55.U5S742018(print) |DDC658.1/620973—dc23 LCrecordavailableathttps://lccn.loc.gov/2017049041 CoverDesign:Wiley CoverImage:©peeterv/GettyImages PrintedintheUnitedStatesofAmerica 10987654321 (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ffirs.tex V1-03/05/2018 6:19pm Pagev Formymom,Imissyou. (cid:2) (cid:2) (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ffirs.tex V1-03/05/2018 6:19pm Pagevi (cid:2) (cid:2) (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ftoc.tex V1-03/05/2018 6:19pm Pagevii Contents Introduction:TheRisksandOpportunitiesofDoingaDeal xi CHAPTER1 WhyBadDealsHappen 1 APracticalApproachtoMergersandAcquisitions 3 ACaseStudy:RBSBuysABNAMRO 4 MotivationsforDeals 5 ACaseStudy:BankofAmericaBuysMerrillLynch 5 UsingM&AtoDivertAttention 12 UsingM&AtoGrowQuickly 12 UsingM&AtoSolveProblems 13 HorizontalandVerticalMergers 14 (cid:2) (cid:2) Conclusion 16 CHAPTER2 BuyorBuild? 19 ACaseStudy:CommerceBank 21 ACaseStudy:MetroBank 26 IsThereAnythinginBetween? 29 ACaseStudy:DowCorningJointVenture 31 ACaseStudy:BucknellIndustries 32 Conclusion 34 CHAPTER3 LettheBuyerBeware 37 WachoviaBuysGoldenWest 40 AOLTimeWarnerMerger 46 WellsFargoBuysWachovia 48 CHAPTER4 TheOpportunitiesandRisksofExpandingYourBusinessGlobally 51 TelenorIndiaJointVenture 54 Telenor’sGlobalStrategyoverTime 56 vii (cid:2) (cid:2) TrimSize:6inx9in Stefanowski ftoc.tex V1-03/05/2018 6:19pm Pageviii viii CONTENTS TelenorExpandsintoEasternEurope 57 TelenorPushesintoAsia 59 TheTelenorUnitechJointVenture 61 PostmortemontheTelenorUnitechJointVenture 63 LessonsLearned 64 TrendsfortheFuture 67 CHAPTER5 CultureIsCritical 69 ACaseStudyfromChina 71 ACaseStudyfromJapan 74 ASummaryofOtherBestPractices 76 CHAPTER6 WhoIsBehindtheCurtain? 85 ACaseStudy:LloydsHBOS 87 ACaseStudy:KraftBuysCadbury 96 CHAPTER7 IsItTooLatetoBackOut? 103 (cid:2) (cid:2) CaseStudyOne:BankofAmericaPurchasesMerrillLynch 106 CaseStudyTwo:AT&T/TMobile 110 CaseStudyThree:VerizonBidsforYahoo 115 Conclusion 116 CHAPTER8 HowtoNegotiateaBetterDeal 119 TenBestPracticesforEffectiveNegotiation 124 CHAPTER9 MakingItRight 135 Background 137 BeStrategic 138 MaintainaRationalOrganizationalStructure 140 StructuretheDealProperly 141 RecognizetheImportanceofBrand 142 EfficientDistribution 143 BewareofCulture 144 HaveFinancingLinedUpinAdvance 145 EstablishanAppropriateM&AApprovalProcess 145 IntegrateEarlyandOften 146 ClearLegalandRegulatoryProcess 146 (cid:2)

ebook img

Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession PDF

215 Pages·2018·1.95 MB·English
by  Stefanowski
Save to my drive
Quick download
Download

Download Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession PDF Free - Full Version

by Stefanowski| 2018| 215 pages| 1.95| English

Download Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession by Stefanowski in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!

Free Download PDF

About Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession

No description available for this book.

Detailed Information

Author:Stefanowski
Publication Year:2018
Pages:215
Language:English
File Size:1.95
Format:PDF
Price:FREE
Download Free PDF

Safe & Secure Download - No registration required

Why Choose PDFdrive for Your Free Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession Download?

  • 100% Free: No hidden fees or subscriptions required for one book every day.
  • No Registration: Immediate access is available without creating accounts for one book every day.
  • Safe and Secure: Clean downloads without malware or viruses
  • Multiple Formats: PDF, MOBI, Mpub,... optimized for all devices
  • Educational Resource: Supporting knowledge sharing and learning

Free Books Similar to Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession

Frequently Asked Questions

Is it really free to download Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession PDF?

Yes, on https://PDFdrive.to you can download Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession by Stefanowski completely free. We don't require any payment, subscription, or registration to access this PDF file. For 3 books every day.

How can I read Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession on my mobile device?

After downloading Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession PDF, you can open it with any PDF reader app on your phone or tablet. We recommend using Adobe Acrobat Reader, Apple Books, or Google Play Books for the best reading experience.

Is this the full version of Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession?

Yes, this is the complete PDF version of Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession by Stefanowski. You will be able to read the entire content as in the printed version without missing any pages.

Is it legal to download Material Adverse Change : Lessons Learned from the M & A Failutres of the Great Recession PDF for free?

https://PDFdrive.to provides links to free educational resources available online. We do not store any files on our servers. Please be aware of copyright laws in your country before downloading.

The materials shared are intended for research, educational, and personal use in accordance with fair use principles.

We use cookies

We use cookies to ensure you get the best browsing experience on our website. By clicking "Accept Cookies", you agree that we can store cookies on your device in accordance with our Terms and Privacy.