An acquisition/takeover is the purchase of one business or company by another company or other business entity. Specific acquisition targets can be identified through myriad avenues, including market research, trade … See more

A corporate acquisition can be structured legally as either an "asset purchase" in which the seller sells business assets and liabilities to the … See more

The assets of a business are pledged to two categories of stakeholders: equity owners and owners of the business' outstanding debt. The core value of a business, which accrues to both categories of stakeholders, is called the Enterprise Value See more

Improving financial performance or reducing risk
The dominant rationale used to explain M&A activity is that acquiring firms seek improved financial … See more

The documentation of an M&A transaction often begins with a letter of intent. The letter of intent generally does not bind the parties to commit to … See more

Mergers are generally differentiated from acquisitions partly by the way in which they are financed and partly by the relative size of the … See more

M&A advice is provided by full-service investment banks- who often advise and handle the biggest deals in the world (called bulge bracket) - and specialist M&A firms, who provide M&A only advisory, generally to mid-market, select industries and SBEs. See more