Mergers

25問 • 1年前

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is any activities involving expansion or contraction of a firm's operations or changes in assets or financial (Ownership) structures.

Corporate Restructing

are the combination of two or more firms, in which the resulting firm maintains the identity of one of the firms, usually the larger one.

Mergers

are similar to mergers the difference is, this combine two or more firms to create a new firm rather than maintain one of the firm's identity.

Consolidation

are corporations that have voting control of one or more other corporations.

Holding Company

are the companies who are trying to acquire the other company in a merger transaction.

Acquiring Companies

are the companies that acquiring companies are pursuing in a merger transaction.

Target Companies

is a merger transaction endorsed by the target firm's management, approved by its stockholders, and easily consummated.

Friendly Takeovers

is a merger transaction that the target firm's management does not support, forcing the acquiring company to try to gain control of the firm by buying shares

Hostile Takeovers

is a merger transaction undertaken to achieve economies of scale

Strategic Merger

is a merger transaction undertaken with the goal of restructuring the acquired company to improve its cash flow and unlock its unrealized value

Financial Merger

is when two or more firms in the same industry engages in a merger transactions

Horizontal Merger

is when one company merges with a company which is in its supply chain

Vertical Merger

A merger in which one firm acquires another firm that is in the same general industry but is neither in the same line of business nor a supplier or customer.

Congeneric Merger

A merger combining firms in unrelated businesses.

Conglomerate Merger

is an acquisition technique involving the use of a large amount of debt to purchase a firm.

Leverage Buy Outs

is the selling of some of a firm's assets or operating unit for various strategic reasons.

Divestitures

is a part of a business, such as a plant, division, product line, or subsidiary, that contributes to the actual operations of the firm

Operating Unit

is a form of divestiture in which an operating unit becomes an independent company through the issuance of shares in it, on a pro rata basis, to the parent company's

Spin Off

is the value of a firm measured as the sum of the values of its operating units if each were sold separately.

Breakup Value

is a type of equity financing that uses equity (Stocks) as to acquire the shares of the other company.

Stock Swap

acquiring firm agrees to make a specified initial payment of cash or stock.

Deferred Payment Plan

Is an unfortunate event that causes a firm to cease its operations.

Business Failures

is a type of business failure wherein a firm is unable to pay its liabilities as they come due

Insolvency

is when the stated value of its liabilities exceeds the fair market value of its assets

Bankruptcy

involves raising funds to finance the mergers and acquisitions transactions.

Mergers and Acquisition Financing

finals week2

Julliana Carandang · 13問 · 1年前

finals week2