| Course ID: | FINA 4205/6205. 3 hours. |
| Course Title: | Mergers and Acquisitions |
Course
Description: | Application of corporate finance concepts to mergers and
acquisitions and corporate governance. The topics will include
Mergers and Acquisitions, Corporate Governance, and
Restructurings. The tools, techniques, and theories of finance
are applied to actual business decisions. |
| Oasis Title: | Mergers and Acquisitions |
| Undergraduate Prerequisite: | (FINA 3000 or FINA 3000H or FINA 3000E) and FINA 4200 |
| Graduate Prerequisite: | FINA 3000 or FINA 3000H or FINA 3000E or FINA 7100 |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | Students will learn to apply corporate finance concepts to
mergers and acquisitions (M&A), corporate restructuring, and
corporate governance. Students will consider principles tied to
market efficiency and valuation and examine the impact of
technology and politics on corporate organization and
performance. |
| Topical Outline: | I. The Causes of Merger Activity
1. Introduction
2. Merger Structure
3. Regulatory Framework
4. Merger Strategy
5. The Merger Process
6. Theories of Mergers
7. Banking Industry
II. The Effects of Merger Activity
8 Timing of Merger Activity
9. The Telecommunications Industry
10. Market Efficiency
11. Empirical Evidence on M&A
12. Industry Studies
13. Stock Exchange Mergers
III. Valuation
14. M&A Valuation
15. M&A Valuation (continued)
IV. Restructuring and Governance
16. Corporate Restructuring
17. Empirical Restructuring Evidence
18. Private Equity
19. Corporate Governance
20. Review |