- 1、本文档共57页,可阅读全部内容。
- 2、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。
- 3、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
查看更多
- PAGE 3 -
Mergers Acquisitions: Practical and Legal Aspects
Hunan University, May 2015
? 2015 Edwin Miller and Michael Connolly
{B0547019; 1}
MERGERS ACQUISITIONS:
LEGAL AND PRACTICAL ASPECTS
Prof. Michael Connolly
Edwin L. Miller Jr.
HUNAN UNIVERSITY
May 18 - 29, 2015
INTRODUCTION
Acquisition terminology
Strategic and Financial Reasons for Acquisitions
II. THE ACQUISITION PROCESS
1. Steps in the Process.
2. The Role of the Investment Banker
3. Preliminary documentation
Confidentiality agreements
Letters of Intent
Stay Bonuses or Sticking Bonuses
Employment Agreements
4. The legal and business due diligence process
III. STRUCTURING CONSIDERATIONS
1. Legal Background of Acquisitions in the United States
Applicable U.S. Laws
Structure of U.S. Business Corporations
2. Basic Acquisition Structures – Stock Purchase, Asset Purchase, Merger
3. Relevant Facts for Structuring Purposes
4. Creditors Rights Issues
5. U.S. Securities Laws Basics
IV. Forms of Consideration—complex capital structures
Complex Capital Structures
Preferred Stock
Earnouts
Other Agreements
Equity Compensation
V. THE DEFINITIVE ACQUISITION AGREEMENT – Points of Contention
Mechanics
Basic economics/deal terms
Subtleties of the purchase price negotiations
Purchase Price AdjustmentsSpecial Issues in Asset Purchases
Representations and Warranties
Covenants
Employee Benefits
Conditions to Closing
Termination
Indemnification
The Seller’s Perspective on Indemnification
VI . Role of the Board of Directors and Stockholders
VII. Special Considerations in Acquisitions of Public Companies
VIII. A BRIEF WORD ON LEVERAGED BUYOUTS (LBOs)
SAMPLE DOCUMENTS/CONTACT INFORMATION
Sample documents, listed below, can be found at:
User/Account Name: hunanuniversityseminar@
Password: connollymiller
Prof. Connolly and Mr. Miller can be reached at the following email addresses:
Professor Connolly: [MC]
Mr. Miller: HYPERLINK mailto:edwinlmiller@ edwinlmiller@
If you would like to send an emai
您可能关注的文档
- 追加预算申请单格式.doc
- 《业财融合创造财务价值》课程辅助PPT-北京启宣文化.pdf
- 1项目预算与 成本管控实务-handout.ppt
- 3项目风险案例分析.doc
- 9案例练习三- 办公室搬家任务表.doc
- 项目预算与成本管控实务-----皮面.doc
- 1.课件:房地产建安及相关行业营改增.docx
- 2014年1-4季度我国GDP(国内生产总值)初步核算情况.docx
- 2014年营改增工作进展情况.docx
- 房地产建筑业.ppt
- 冲刺2024届中考数学真题重组试卷02(江苏省盐城市专用)含解析.pdf
- 2023-2024学年江苏省盐城市阜宁县七年级下学期期中考试语文试题(含答案).pdf
- 冲刺2024届中考数学真题重组试卷01(江苏省盐城市专用)含解析.pdf
- 2023-2024学年四川省眉山市仁寿县九年级下学期期中化学学情检测试题(含答案).pdf
- 2023-2024学年重庆市高一下学期第二次月考化学模拟试题(含答案).pdf
- 2023-2024学年四川省眉山市东坡区八年级下学期4月期中数学质量检测试题(含答案).pdf
- 2023-2024学年浙江省杭州市高一下学期4月期中考试化学质量检测试题(含答案).pdf
- 2023-2024学年浙江省嘉兴市高一下学期4月月考地理质量检测试题(含答案).pdf
- 2023-2024学年江苏省徐州市沛县八年级下学期4月期中语文质量检测试题(含答案).pdf
- 2023-2024学年福建省永安市高一下学期第一次月考地理质量检测试题(含解析).pdf
文档评论(0)