Equity Instruments: Newsletter – November 28, 2008
Where we
are in classÉ
Where you
should be in the projectÉ
Data NotesÉ
We will be looking at acquisition valuation next week. There is an excellent on mergers by KPMG is available online on my site. Take a look at it. It contains some fascinating statistics on what works in mergers and what often does not work. McKinsey has also done some very good work on synergy in mergers and you can get some of their research online.
Data on mergers that have actually occurred and the premiums made on mergers can be obtained at
While they will let you view a sample report, you have to pay $ 399 a year to subscribe to the service. Get your employer to pick up the tab, if you feel that this is useful information for you.
Miscellaneous FAQs
Where
should I be on the project?
You should have completed your relative valuation and tried the option pricing model, at least on the money losing firm (but only if it has debt).
When
is the final exam?
The final exam is on December 17 and the early final will be on December 10. Lucky dayÉ You should be doneÉ.
When
is the final project report due?
It is due by 5 pm on the last day of class (December 8)É.. Summaries of your findings are due by the weekend before the last class.