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Lecture Fundamentals of corporate finance - Chapter 23: Mergers and acquisitions

Chia sẻ: Nguyet Nguyet | Ngày: | Loại File: PPT | Số trang:27

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Lecture Fundamentals of corporate finance - Chapter 23: Mergers and acquisitions

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This chapter describes the corporate finance of mergers and acquisitions. It shows that the acquisition of one firm by another is essentially a capital budgeting decision, and the NPV framework still applies. Tax, legal, and accounting aspects of mergers are discussed along with more recent developments in areas such as takeover defenses.

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