APPLIED MERGERS & ACQUISITIONS WORKBOOK应用收购与兼并工作手册

The Applied Mergers and Acquisitions Workbook provides a useful self-training study guide for readers of Applied Mergers and Acquisitions who want to review the drivers of M&A success and failure. Useful review questions as well as problems and answers are provided for both professionals and students. Readers will further their knowledge, build practical intuition, and learn the art and science of M&A by using this comprehensive self-study workbook in conjunction with the main text.

作者简介：
　　ROBERT F. BRUNER is the Distinguished Professor of Business Administration at the Darden School of the University of Virginia and Executive Director of the Batten Institute. He directs the Darden School’s executive education course on mergers and acquisitions, and teaches the popular MBA elective on that topic. He is the author of over 250 case studies and a casebook, Case Studies in Finance: Managing for Corporate Value Creation, which has been adopted for use at over 200 schools. Bruner’s articles have been published in the Journal of Financial Economics, the Journal of Accounting and Economics, the Journal of Financial and Quantitative Analysis, the Journal of Money, Credit, and Banking, and Financial Management. He has served as a consultant to over twenty corporations as well as to the U.S. Government, and prior to his academic career, worked as a commercial banker and venture capitalist. Bruner holds a BA from Yale University, and an MBA and DBA from Harvard University.

Introduction to the Workbook
PART ONE: QUESTIONS
　Chapter 1: Introduction and Executive Summary
　Chapter 2: Ethics in M&A
　Chapter 3: Does M&A Pay?
　Chapter 4: M&A Activity
　Chapter 5: Cross-Border M&A
　Chapter 6: Strategy and the Uses of M&A to Grow or Restructure the Firm
　Chapter 7: Acquisition Search and Deal Origination:Some　Guiding Principles
　Chapter 8: Due Diligence
　Chapter 9: Valuing Firms
　Chapter 10: Valuing Options
　Chapter 11: Valuing Synergies
　Chapter 12: Valuing the Firm across Borders
　Chapter 13: Valuing the Highly Levered Firm, Assessing the Highly Levered Transaction
　Chapter 14: Real Options and Their Impact on M&A
　Chapter 15: Valuing Liquidity and Control
　Chapter 16: Financial Accounting for Mergers and Acquisitions
　Chapter 17: Momentum Acquisition Strategies: An Illustration of Why Value Creation Is the Best Financial Criterion
　Chapter 18: An Introduction to Deal Design in M&A
　Chapter 19: Choosing the Form of Acquisitive Reorganization
　Chapter 20: Choosing the Form of Payment and Financing
　Chapter 21: Framework for Structuring the Terms of Exchange: Finding the “Win-Win” Deal
　Chapter 22: Structuring and Valuing Contingent Payments in M&A
　Chapter 23: Risk Management in M&A
　Chapter 24: Social Issues
　Chapter 25: How a Negotiated Deal Takes Shape
　Chapter 26: Governance in M&A: The Board of Directors and Shareholder Voting
　Chapter 27: Rules of the Road: Securities Law, Issuance Process, Disclosure, and Insider Trading
　Chapter 28: Rules of the Road: Antitrust Law
　Chapter 29: Documenting the M&A Deal
　Chapter 30: Negotiating the Deal
　Chapter 31: Auctions in M&A
Chapter 32: Hostile Takeovers: Preparing a Bid in Light of Competition and Arbitrage
　Chapter 33: Takeover Attack and Defense
　Chapter 34: The Leveraged Restructuring as a Takeover Defense: The Case of American Standard
　Chapter 35: Communicating the Deal: Gaining Mandates, Approval, and Support
　Chapter 36: Framework for Postmerger Integration
　Chapter 37: Corporate Development as a Strategic Capability: The Approach of GE Power Systems
　Chapter 38: M&A “Best Practices”: Some Lessons and Next Steps
PART TWO: ANSWERS
　Chapter 1: Introduction and Executive Summary
　Chapter 2: Ethics in M&A
　Chapter 3: Does M&A Pay?
　Chapter 4: M&A Activity
　Chapter 5: Cross-Border M&A
　Chapter 6: Strategy and the Uses of M&A to Grow or Restructure the Firm
　Chapter 7: Acquisition Search and Deal Origination: Some Guiding Principles
　Chapter 8: Due Diligence
　Chapter 9: Valuing Firms
　Chapter 10: Valuing Options
　Chapter 11: Valuing Synergies
　Chapter 12: Valuing the Firm across Borders
　Chapter 13: Valuing the Highly Levered Firm, Assessing the Highly Levered Transaction
　Chapter 14: Real Options and Their Impact on M&A
　Chapter 15: Valuing Liquidity and Control
　Chapter 16: Financial Accounting for Mergers and Acquisitions
　Chapter 17: Momentum Acquisition Strategies: An Illustration of Why Value Creation Is the Best Financial Criterion
　Chapter 18: An Introduction to Deal Design in M&A
　Chapter 19: Choosing the Form of Acquisitive Reorganization
　Chapter 20: Choosing the Form of Payment and Financing
　Chapter 21: Framework for Structuring the Terms of Exchange: Finding the “Win-Win” Deal
　Chapter 22: Structuring and Valuing Contingent Payments in M&A
　Chapter 23: Risk Management in M&A
　Chapter 24: Social Issues
　Chapter 25: How a Negotiated Deal Takes Shape
　Chapter 26: Governance in M&A: The Board of Directors and Shareholder Voting
　Chapter 27: Rules of the Road: Securities Law, Issuance Process, Disclosure, and Insider Trading
　Chapter 28: Rules of the Road: Antitrust Law\
　Chapter 29: Documenting the M&A Deal
　Chapter 30: Negotiating the Deal
　Chapter 31: Auctions in M&A
　Chapter 32: Hostile Takeovers: Preparing a Bid in Light of Competition and Arbitrage
　Chapter 33: Takeover Attack and Defense
　Chapter 34: The Leveraged Restructuring as a Takeover Defense: The Case of American Standard
　Chapter 35: Communicating the Deal: Gaining Mandates, Approval, and Support
　Chapter 36: Framework for Postmerger Integration
　Chapter 37: Corporate Development as a Strategic Capability: The Approach of GE Power Systems
　Chapter 38: M&A “Best Practices”: Some Lessons and Next Steps