FIN 400 Mergers and Acquisitions (3 credits)
This course covers theory and evidence concerning mergers & acquisitions and the market for corporate control. It examines the accounting and valuation aspect of mergers & acquisitions activities, discussing the alternative theories, and reviewing the relevant empirical evidence. Mergers and acquisitions activity is evaluated in terms of the strategic alternatives faced by the firm. Restructuring, leveraged buyouts, share repurchases, and takeover defenses are studied from both a financial and strategic perspective. Cases are used and a term paper is required.
Prerequisites: FIN 200, FIN 300, DSS 210.