ABSTRACT
In this final chapter of Part II we alter our focus from products and instruments designed to directly fulfill funding, investment, or risk management goals, to specific financial transactions intended to boost enterprise value and meet other strategic, profit, or market share goals. We shall begin by discussing the uses of corporate finance and then examine the key characteristics of the most common transactions, including mergers, acquisitions, leveraged (management) buyouts, spin-offs, and recapitalizations and buybacks. We will then review the general process by which corporate finance deals are valued, and conclude by examining the challenges a company faces in arranging a transaction.
