Takeovers, Restructuring, and Corporate Governance

4 units · Graduate courses (200-299)

(Formerly numbered 231D.) Lecture, three hours. Requisites: course 430 (may be taken concurrently), Management-Executive MBA 408 or Management-Full-Time MBA 408 or Management-Fully Employed MBA 408. Students gain solid understanding of the opportunities and risks posed by mergers, acquisitions, and restructurings (M&A). Students gain basic conceptual and technical tools to evaluate M&A transactions as well as insight into the practical deal-making skills that often spell the difference between success and failure. Topics include the strategic rationale for the deal; valuation and structuring considerations; legal, regulatory, and tax environments; perspectives of strategic versus financial buyers; and differences between healthy and distressed M&A. Letter grading.