Mergers and Acquisitions
This course considers the substance, form, and mechanics of corporate mergers, acquisitions, and reorganizations. It explores generally the tax, SEC., accounting, and successor liability considerations that apply to such transactions. It also considers topics such as the motives for corporate acquisitions; theory and evidence on whether acquisitions enhance shareholder and social wealth; mechanics of various acquisition techniques and tactics (including target defensive measures); and the traditional corporate law framework in which these techniques and tactics are situated.
Prerequisite: Corporations (BUS210).