Customer Reviews

The Art of M&A : A Merger Acquisition Buyout Guide (2nd Edition)

5 star:		(10)
4 star:		(2)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

If you only were allowed to have one book on this subject in your library, this is the one that you want. It gives good coverage to all of the important topics needed to evaluate, price and execute a transaction. The footnotes at the end of each chapter are an excellent reference. It also benefits from a very detailed index. The Q&A format of the text is a bit unusual for a work of this type, but is actually quite useful when browsing or quickly finding the key theme of each paragraph or section. It also contains a good selection of sample documents and checklists. Overall, it delivers a lot of high quality information the investment banking professional can really use.

The very size of this book on such a specialized topic may seem daunting. However, the writing is so lively and the organization by question and answer is so easy to use that you will find this a very useful and comprehensive handbook.

It is NOT a theory laden textbook. Rather, it is a very useful and practical guide to the field and will help the careful reader avoid many pitfalls. There are many ways to make mistakes in buying companies and this book can open your eyes to quite of few of them. In fact, if you are the target of a buyout, this book can be of special importance and interest.

I admit to being fascinated by this topic so take that into consideration when evaluating what I say about this book. But even so, mergers and acquistions are so much in the news (for good and ill) that it can only help to get more background on what is really going on and how these deals are (or at least should be) put together.

The book reads MUCH shorter than its size and is fairly comprehensive on the subject - from the methods in selecting candidates for acquisition to what to do when you are a target of an acquisition to some very specialized topics. It also deals with M&A issues with both public, private, and even family firms.

Honestly, I am surprised at how glad I am that I bought this book. It is terrific.

I have been an M&A practitioner for twenty years and rarely have I found a book that is as readable and useable as this one. The author is able to synthesize difficult concepts and communicate them in a highly user friendly way.

If you're a newcoming US M&A analyst or associate, this book should be considered essential reading. Even for a VP or above, it's a great reference manual.

This is a fantastic reference tome for anyone involved with M&A. As a private equity Associate, I have found this book to be invaluable on multiple levels as both a reference guide for securities law, as well as for procedural issues such as sample formats for term sheets, DD check lists, etc.

Also, while it is a dense read, I think this would be invaluable for people just entering either Investment Banking or Private Equity to read as an introduction to the rules, regulations and procedures surrounding mergers/acquisitions.

Very detailed source for information on mergers, acquisitions and buyouts. The question and answer format is a great way to identify the information that you need. This book really is a handbook; I wouldn't encourage reading it cover to cover, but to use it as more of a reference book. The footnotes at the end of each chapter are useful to finding more in depth information, and the book gives a generous number of websites which you can consult.

This is an excellent book loaded with practical advice and counsel on M&A. Unique insight of post acqusition integration is very helpful for the M&A of the 2000 and beyond, where complexity is the norm and speed of integration is essential. I remained impressed with the number of sources and experts consulted which add practicality to the research. An overall invaluable reference book for M&A.

FROM THE CO-AUTHOR. Please be advised that a new FIVE STAR edition will be available in or around March 2007. The 1999 edition being sold here will be replaced at that time. Alexandra Reed Lajoux (Co-Author)

The Q&A approach adopted in this book is very useful. It would provide for a very useful reference manual on M&A if its content were not so dated. Its discussion of taxes, accounting, and deal structures does not reflect recent changes in rules and M&A practices. It would be helpful if the author would update the material. Other more current and more comprehensive books on the subject that I have found useful include Mergers, Acquisitions, and Other Restructuring activities by Depamphilis and Bruner's M&A book.

After scanning several books on the subject, this one looked like the most useful and usable of the batch. The Art of M&A provides solid, detailed and precise information for people in companies making acquisitions. It is a good introduction to the topic and long term resource for specifics.