Chapter 9: Corporate Combinations, Restructuring, and Other Actions

In this section

• Mergers, Acquisitions, and Takeovers
  Explore the strategic, financial, and practical aspects of mergers, acquisitions, and takeovers, including synergy analysis, forms of payment, due diligence, and impact on capital structure.
• Corporate Restructuring (Spin-Offs, Divestitures)
  Explore comprehensive insights into corporate restructuring, including spin-offs, divestitures, and break-ups. Understand how companies realign operations, unlock hidden value, and focus on core businesses, with practical examples and strategic considerations.
• Leveraged Buyouts and Management Buyouts
  Explore the essentials, structures, and implications of Leveraged Buyouts (LBOs) and Management Buyouts (MBOs), including financing, conflicts of interest, and key success factors.
• Insolvency and Reorganization Processes
  Explore the key elements of corporate insolvency, bankruptcy procedures, and reorganization processes, including priority of claims, DIP financing, and best practices for restructuring distressed entities.
• Reverse Mergers and SPACs (Special Purpose Acquisition Companies)
  Explore how reverse mergers and SPACs provide alternative pathways for private companies to go public, including key benefits, risks, structuring nuances, and regulatory considerations.
• Anti-Takeover Provisions and Defenses
  Learn about the strategies companies use to prevent hostile takeovers, including poison pills, staggered boards, golden parachutes, and more. Explore the governance and shareholder implications of these defenses, along with real-world examples and exam tips.
• Synergies and Cross-Border Mergers
  Explore how merging firms realize synergy gains, manage cross-border complexities, and integrate global corporate cultures in successful M&A transactions.
• Post-Merger Integration
  A deep dive into bridging operational, cultural, and financial processes to realize synergies after M&A deals.
• Regulatory Approvals and Cross-Border Complexity in M&A
  Explore how regulatory approvals and cross-border challenges shape the success of mergers and acquisitions, covering antitrust laws, foreign direct investment screenings, national security concerns, and more.
• Earnouts and Contingent Payments in M&A
  Explore how earnouts and contingent payments bridge valuation gaps and align buyer-seller incentives in M&A transactions, covering performance metrics, legal implications, and key negotiation considerations.
• Hostile Takeovers
  Explore key strategies, defenses, and real-world considerations surrounding hostile takeovers, with practical insights and examples.