PART ONE: OVERVIEW OF MERGERS AND ACQUISITIONS AND THE M&A PROCESS 1. Introduction 2. What causes merger waves? 3. Perspective on Mergers 4. Assessing the success of acquisitions PART TWO: SOURCES AND LIMITATIONS OF VALUE CREATION IN DIFFERENT ACQUISITION TYPES 5. Horizontal mergers 6. Consolidating Fragmented Industries 7. Vertical integration 8. Conglomerate Acquisitions 9. Cross-border acquisitions 10. Joint Ventures and Strategic alliances as alternatives to M & A 11. Corporate divestitures 12. Leveraged buyouts (LBOs) PART THREE: ACQUISITION DECISION, DEAL STRUCTURING AND NEGOTIATION 13. Acquisition decision making and deal structuring 14. Target valuation 15. Accounting for mergers and acquisitions 16. Paying for the acquisition 17. Antitrust regulation 18. Regulating takeover bids 19. Advisers in takeovers 20. Bid strategies and tactics 21. Defences against takeovers PART FOUR: MAKING ACQUISITIONS WORK 22. Organisational dynamics and human aspects of acquisitions 23. Post-merger audit and organizational learning 24. Meeting the challenges in mergers and acquisitions