Divestitures And Spin Offs

Author : Joseph Joy
Publisher : Springer
ISBN 13 : 1493976621
Total Pages : 476 pages
Book Rating : 4.21/5 ( download)

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Download or read book Divestitures and Spin-Offs written by Joseph Joy and published by Springer. This book was released on 2018-02-08 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world of M&A has always been complex and nuanced. Corporations encounter their toughest business problems during a divestiture or a merger. At the same time, optimal execution of divestitures can also create high value for the seller as well as the buyer. This book is a collection of leading practices on Divestitures and covers end to end transaction life cycle from readiness through execution including post deal transformation. It contains the synthesis of experiences across a wide array of clients across industries, ranging from $500 million to $100 billion in revenue. Each chapter in this book can stand on its own as an authority on leading practices related to the topic it presents, and together, these chapters provide a comprehensive set of perspectives needed to successfully complete a divestiture. The highlight of the book is valuable real-life examples and references that a business can benefit from, when it is considering, analyzing or implementing a divestiture.

Author : Joseph W. Cornell
Publisher : McGraw-Hill Companies
ISBN 13 : 9780786312047
Total Pages : 0 pages
Book Rating : 4.41/5 ( download)

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Download or read book Spin-off to Pay-off written by Joseph W. Cornell and published by McGraw-Hill Companies. This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than theory and research, however, Spin-off to Pay-off brings you proven evidence of how some spin-offs have worked for shareholders in the past ... while others have left shareholders high and dry. Actual case histories, presented along with Cornell's expert analysis, will fine-tune your sixth sense and clue you in on what signs to watch out for.

Author : Leda Csanka
Publisher :
ISBN 13 : 9781790145553
Total Pages : 184 pages
Book Rating : 4.54/5 ( download)

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Download or read book How to Lead a Corporate Spin-Off written by Leda Csanka and published by . This book was released on 2018-11-21 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to Lead a Corporate Spin-Off is not only for technology leaders who need to lead their organization through a corporate spin-off, but any leader responsible for organizational change and transformation. The breadth and scope of a spin-off effort is vast. The process is both exciting and overwhelming at the same time. It can be unclear how to begin and where to turn for support. Know that you don't have to tackle this alone. That's where How to Lead a Corporate Spin-Off comes in.In How to Lead a Corporate Spin-Off, you'll learn the ropes about leading a spin-off from an accomplished expert: Leda Csanka. From leading two successful divestiture efforts, first as a CIO and the second as a consultant, Leda gained valuable insights and learned key lessons, which she imparts in this book. Leda aims for other CIOs and CTOs to begin their spin-off efforts with some best practices, avoid mistakes, be better prepared for hidden risks, and, ultimately, successfully reach the other side.In How to Lead a Corporate Spin-Off Leda presents the spin-off effort in a framework of five principles. Each principle offers valuable lessons, insider dos and don'ts, and a plethora of ideas. Here is more info on those five principles:Prepare: Planning and PartnersLearn the importance of partners and begin with a list of strategic decisions required early on in the effort. Streamline your process and gain confidence in your recommendations with critical vendor selection criteria.PeopleBuild the right team and lead them to success with proven strategies for both creating the right culture and improving the communication of your team. Learn which roles are critical and when to recruit for them.Program ManagementFirst, think of the spin-off effort as a program. Next fast-track the effort by breaking it into a set of workstreams. Avoid mistakes and reduce risk from Leda's lessons learned from the school of "Hard Knox."Production ReadyStart with a plan on how to both prepare and structure your organization for success. This is more than testing applications in the new data center. You need to create all new operational procedures and processes for your organization.PacingPace yourself and your team for the road ahead. Remember, "This is a marathon, not a sprint." Avoid burnout and get everyone to the finish line together!Consider How to Lead a Corporate Spin-Off a roadmap, a playbook, and a set of reminders that you can pull out and review to remind yourself and your team that you don't have to walk this journey alone. There are others who have traveled this path, and you can learn from their experiences.See this book as your survival guide that Leda Csanka developed from her analysis of two very specific spin-off efforts that she led and the lessons she learned on the job from day-to-day combat in the trenches. Leda led her teams to success on both divestitures, and she wants to help you do the same. Woven throughout the chapters, you'll learn Leda's story of what it takes to grow from a middle manager in a large company to chief information officer (CIO) overnight, who then must lead a spin-off. You'll read about the struggles and lessons learned along the way. These are practical lessons and advice from someone who made some good decisions, had some good luck, and also learned from her mistakes. "I want you to feel that you and your team are not in this alone, but rather, you have the practical advice of someone who has navigated this path before you. I've led not just one divestiture/spin-off but two. One as a new CIO and the second as an independent consultant who came out of retirement to help lead the second group through the last five months of their effort that had gotten a little off-track."--Leda Csanka

Author :
Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.93/5 ( download)

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Download or read book Divestitures and Spin-offs written by and published by . This book was released on 1971 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Felix Lessambo
Publisher : Springer Nature
ISBN 13 : 3030857352
Total Pages : 228 pages
Book Rating : 4.56/5 ( download)

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Download or read book U.S. Mergers and Acquisitions written by Felix Lessambo and published by Springer Nature. This book was released on 2021-11-02 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A merger or acquisition is one of the most significant events in the life of a firm and the consequences thereof are multi-faceted: Directors’ fiduciary duties, shareholders’ rights, valuation methods, structuring, and financing of the deal, to cite a few. Moreover, it requires an army of savvy professionals (accountants and investment banks, etc.) throughout the process; those understanding the technicalities of M&A guarantees and preventing costly missteps. This book explains the steps, distilling the process of both the legal and financial aspects of M&A, for both students and practitioners.

Author : Emilie R. Feldman
Publisher : McGraw-Hill Companies
ISBN 13 : 9781264277568
Total Pages : 0 pages
Book Rating : 4.63/5 ( download)

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Download or read book Divestitures: Creating Value Through Strategy, Structure, and Implementation written by Emilie R. Feldman and published by McGraw-Hill Companies. This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's best-known expert on the topic shows business leaders how to dramatically increase corporate value through smart, strategic divestitures You've focused on mergers and acquisitions, but how much do you know about divestitures? Wharton Professor Emilie R. Feldman provides a comprehensive primer on what strategic objectives divestitures can achieve, which businesses divestitures typically involve, what divestiture structures companies can choose from, and how to implement divestitures to maximize their financial benefits. Divestitures are among the hottest transactional structures today. Divestitures: Creating Value Through Strategy, Structure, and Implementation shows executives, board members, transactional advisors, educators, and others how strategic divestitures can be used to enhance corporate value and performance. The book is organized into three sections: Strategy: Remove problems, improve focus, reconfigure the corporate portfolio, and address regulatory requirements Structure: Sales, spinoffs, equity carveouts, Reverse Morris Trusts, joint ventures, and tracking stocks Implementation: Separate the divested business, reconfigure internal processes, and reshape external perceptions This essential book fills major gaps in the professional and academic markets, providing the only available rigorous, research-based treatment of this important strategic tool.

Author : Alexander Tübke
Publisher : Springer Science & Business Media
ISBN 13 : 9781402076787
Total Pages : 282 pages
Book Rating : 4.89/5 ( download)

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Download or read book Success Factors of Corporate Spin-Offs written by Alexander Tübke and published by Springer Science & Business Media. This book was released on 2004 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Spin-Off processes are very interesting phenomena formanagement theory and practice. In theory, Corporate Spin-Offs areboth a driver and a result of organisational change, offering thepossibility to investigate an area where companies are genuinelysharing experience and best practice. Although Corporate Spin-Offs canbe clearly distinguished from other types of start-ups and divestmentsand despite combining key-characteristics in a unique way, existinginvestigation is sparse and heterogeneous. In practice, CorporateSpin-Off processes are frequent and highly successful, but not aswell-regarded as Merger & Acquisition strategies and less understoodby the decision-makers.The present work was designed to meet these demands by analysing thesuccess factors of Corporate Spin-Offs, their relative contribution tothe process and the role of the different actors involved. Based on anextensive literature review and a new Spin-Off typology, a broad rangeof success factors and success dimensions is proposed. Using acombination of multivariate models, the responses from 211 Europeancompanies to a questionnaire are analysed and typologies derived.Among the single factors, customer participation, the transfer ofmanagerial and market-related experience and the main motivation arethe most important ones for the Spin-Off process and its success. Thetypologies reveal characteristic factors sets, showing for examplethat high-growth Spin-Offs benefited over-proportionally from sectorgrowth or the access to relations with customers or suppliers. Thisproduces a new and comprehensive perspective on the relativecontribution of each success factor, their interaction, and thebehaviour of both the parentand the Spin-Off companies in theprocess. These results are highly valuable for managers, scientists inthe field and policy-makers.

Author : Stuart C. Gilson
Publisher : John Wiley & Sons
ISBN 13 : 0470503521
Total Pages : 852 pages
Book Rating : 4.22/5 ( download)

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Download or read book Creating Value Through Corporate Restructuring written by Stuart C. Gilson and published by John Wiley & Sons. This book was released on 2010-04-05 with total page 852 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated look at how corporate restructuring really works Stuart Gilson is one of the leading corporate restructuring experts in the United States, teaching thousands of students and consulting with numerous companies. Now, in the second edition of this bestselling book, Gilson returns to present new insight into corporate restructuring. Through real-world case studies that involve some of the most prominent restructurings of the last ten years, and highlighting the increased role of hedge funds in distressed investing, you'll develop a better sense of the restructuring process and how it can truly create value. In addition to "classic" buyout and structuring case studies, this second edition includes coverage of Delphi, General Motors, the Finova Group and Warren Buffett, Kmart and Sears, Adelphia Communications, Seagate Technology, Dupont-Conoco, and even the Eurotunnel debt restructuring. Covers corporate bankruptcy reorganization, debt workouts, "vulture" investing, equity spin-offs, asset divestitures, and much more Addresses the effect of employee layoffs and corporate downsizing Examines how companies allocate value and when a corporation should "pull the trigger" From hedge funds to financial fraud to subprime busts, this second edition offers a rare look at some of the most innovative and controversial restructurings ever.

Author : Patrick A. Gaughan
Publisher : John Wiley & Sons
ISBN 13 : 1119380731
Total Pages : 1063 pages
Book Rating : 4.33/5 ( download)

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Download or read book Mergers, Acquisitions, and Corporate Restructurings written by Patrick A. Gaughan and published by John Wiley & Sons. This book was released on 2017-11-27 with total page 1063 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essential M&A primer, updated with the latest research and statistics Mergers, Acquisitions, and Corporate Restructurings provides a comprehensive look at the field's growth and development, and places M&As in realistic context amidst changing trends, legislation, and global perspectives. All-inclusive coverage merges expert discussion with extensive graphs, research, and case studies to show how M&As can be used successfully, how each form works, and how they are governed by the laws of major countries. Strategies and motives are carefully analyzed alongside legalities each step of the way, and specific techniques are dissected to provide deep insight into real-world operations. This new seventh edition has been revised to improve clarity and approachability, and features the latest research and data to provide the most accurate assessment of the current M&A landscape. Ancillary materials include PowerPoint slides, a sample syllabus, and a test bank to facilitate training and streamline comprehension. As the global economy slows, merger and acquisition activity is expected to increase. This book provides an M&A primer for business executives and financial managers seeking a deeper understanding of how corporate restructuring can work for their companies. Understand the many forms of M&As, and the laws that govern them Learn the offensive and defensive techniques used during hostile acquisitions Delve into the strategies and motives that inspire M&As Access the latest data, research, and case studies on private equity, ethics, corporate governance, and more From large megadeals to various forms of downsizing, a full range of restructuring practices are currently being used to revitalize and supercharge companies around the world. Mergers, Acquisitions, and Corporate Restructurings is an essential resource for executives needing to quickly get up to date to plan their own company's next moves.

Author : Eli Amir
Publisher : Springer Nature
ISBN 13 : 3030617696
Total Pages : 304 pages
Book Rating : 4.91/5 ( download)

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Download or read book Financial Analysis of Mergers and Acquisitions written by Eli Amir and published by Springer Nature. This book was released on 2021-02-02 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mergers and acquisitions (M&As) reshape the corporate landscape helping companies expand market share and gain a strategic advantage. The ability to understand and analyze these transactions is a crucial skill. The first step in acquiring that skill is being able to gather and analyse information on M&As from public sources, such as financial statements. This textbook helps its readers better analyze M&A transactions using information provided in financial statements. Covering accounting and reporting of consolidations, goodwill, non-controlling interests, step acquisitions, spin-offs, equity carve-outs, joint ventures, leveraged buyouts, disposal of subsidiaries, special purpose entities, and taxes, it focuses on the link between underlying economic events and the information in financial statements and how this link affects the assessment of corporate performance. The first part of the book provides description of the accounting rules governing M&A transactions, while the second part includes cases of M&A transactions. Each case focuses on a different element of an M&A transaction, and it is followed by a detailed solution with a complete analysis. Unlike other books in this field, this textbook focuses exclusively on accounting and financial analysis for graduate and upper undergraduate level courses in financial analysis, corporate finance, and financial accounting.