Valuation, Leveraged Buyouts, and Mergers and Acquisitions
This volume engages a fundamental disciplinary question about this period in American history: how did the bourgeoisie consolidate their power and fashion themselves not simply as economic leaders but as cultural innovators and arbiters? It also e...
This volume engages a fundamental disciplinary question about this period in American history: how did the bourgeoisie consolidate their power and fashion themselves not simply as economic leaders but as cultural innovators and arbiters? It also e...
Joshua N. Rosenbaum (New York, NY) is an Executive Director in UBS Investment Bank's Global Industrials Group. He received his BA from Harvard University and his MBA, with Baker Scholar honors, from the Harvard Business School. Joshua D. Pearl (New York, NY) is currently at UBS Investment Bank's Global Industrials Group. He was previously an Associate in Deutsche Bank's Leveraged Finance Group, where he was also previously an Analyst. He received his BS in Business Administration from Indiana University's Kelley School of Business.
Instructor and Student Resources xiii About the Authors xv Foreword xvii Acknowledgments xix INTRODUCTION 1 PART ONE Valuation 11 CHAPTER 1 Comparable Companies Analysis 13 CHAPTER 2 Precedent Transactions Analysis 87 CHAPTER 3 Discounted Cash Flow Analysis 135 PART TWO Leveraged Buyouts 197 CHAPTER 4 Leveraged Buyouts 199 CHAPTER 5 LBO Analysis 251 PART THREE Mergers & Acquisitions 313 CHAPTER 6 Sell-Side M&A 315 CHAPTER 7 Buy-Side M&A 355 Solutions Manual 425 Afterword 447 Bibliography and Recommended Reading 449 Index 455