兼并与收购手册：英文PDF电子书下载

1．辨明收购对象 1

1.Identifying the Acquisition Target 1

BUYING A COMPANY 1

收购一家公司 1

目标轮廓 2

Target Profile Sheet 2

List of Sources for Database Search 4

可用于数据库查询的资料来源清单 4

Grading Criteria for Short-list 6

分级标准简表 6

Graded Company 8

Company Contact Information Sheet 8

分了级的公司 8

公司合同资料 8

Company Data Sheet 9

公司数据 9

候选企业简表 11

Short-list of Candidates 11

Stock Price Performance Chart-3 Years 11

股价变动图：3年 11

股价变动图：1年 13

Stock Price Performance Chart-1 Years 13

2.Appointement of a Financial Advisor 15

2．标购的性质 15

List of Services Provided by a Financial Advisor 16

金融顾问服务项目清单 16

Solicitation Materials from Financial Advisor 18

可向金融顾问要求的资料 18

Letter Soliciting a Proposal from Financial Advisor 19

请求金融顾问提供建议的申请书 19

金融顾问提供的公共信息手册中的内容清单 19

List of Contents for Public Information book 19

Checklist for Choosing a Financial Advisor 21

选择金融顾问的注意事项 21

Engagement Letter-Specific Acquisition 22

保证书：特别收购 22

保证书：普通收购 25

Engagement Letter-General Acquisition 25

Fee Scales 28

收费价目表 28

3.Valuation of the Acquisition Target 29

3．收购目标的估价 29

预备资料 34

Preliminary Material 34

Table of Contents for Valuation Book 34

Summary of Publicly Available Information Sources 34

可公开得到的信息资源简况 34

价值手册 34

索取可公开得到的信息资源的申请书 36

Letter Requesting Publicly Available Information 36

历史财务信息 37

Historical Financial Information 37

财务计划 40

Financial Projections 40

对协同及反协同的分析 46

Analysis Of Synergies and Reverse Synergies 46

贴现现金流的价值 51

Discounted Cash Flow Valuation 51

贴现率的假设 52

贴现现金流分析 52

Discounted Cash Flow Analysis 52

Assumptions for Discount Rate 52

M A Software-Case Study 53

M A软件：案例研究 53

4.Structuring the Transaction 83

4．构思一项交易 83

预备性财务分析 84

收购公司的财务状况 84

Financial Statements of Buying Company 84

Preliminary Financial Analysis 84

Operating Forecast for Buying Company 87

收购公司的经营预测 87

秘密协议 87

Financial Statements of Target Company 92

目标公司的财务状况 92

目标公司的经营预测 95

Operating Forecast for Target Company 95

被兼并公司形式上的平衡表 100

Pro Forma Balance Sheet for Merged Companies 100

会计处理：“购买”与“合并” 105

会计及税务处理 105

Accounting Treatment:“Purchase”Versus“Pooling” 105

Accounting and Tax Treatment 105

“Taxable”and “Tax-Free” Transactions 106

“应税”与“免税”交易 106

税务设计 108

Checklist of Tax Considerations 108

Cash or Stock? 109

Checklist of Advantages and Disadvantages 109

现金还是股票？ 109

优势与劣势 109

Cash Transaction: Pro Forma Forecast Summary 110

现金交易：形式上的简要预测 110

股票交易：形式上的简要预测 112

Stock Transaction: Pro Forma Forecast Summary 112

Leverage 114

Checklist of Advantages and Disadvantages 114

优势与劣势 114

杠杆 114