There are no pre-requisites for this module to be added

This module critically reviews the extensive field of mergers and acquisitions. An interesting empirical finding is that mergers damage on average the wealth of the bidding firms shareholders. In this module, we explore potential reasoning behind this result and further our understanding of determinants of merger success. This module includes topics such as empirical methodologies used in the merger literature, valuation of target firms, method of payment, bid strategies and tactics, available defences for target firms, and organisation of the post-merger firm.

LO1: Critically review the theory, the principles and the practices of Mergers and Acquisitions
LO2: Contrast at an advanced level the various empirical methodologies on Mergers and Acquisitions
LO3: Critically understand the reasoning behind the success and failure of mergers