Industrial-Sized Deals Shop all Back to School Shop Women's Handbags Learn more nav_sap_SWP_6M_fly_beacon Melanie Martinez $5 Off Fire TV Stick Off to College Essentials Shop Popular Services pivdl pivdl pivdl  Amazon Echo Starting at $99 Kindle Voyage Nintendo Digital Games Shop Back to School with Amazon Back to School with Amazon Outdoor Recreation Baby Sale
Private Equity: Transforming Public Stock to Create Value and over one million other books are available for Amazon Kindle. Learn more

Private Equity: Transforming Public Stock Into Private Equity to Create Value 1st Edition

1 customer review
ISBN-13: 978-0471392927
ISBN-10: 0471392928
Why is ISBN important?
ISBN
This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The 13-digit and 10-digit formats both work.
Scan an ISBN with your phone
Use the Amazon App to scan ISBNs and compare prices.
Have one to sell? Sell on Amazon
Buy used
$1.98
Buy new
$85.55
More Buying Choices
25 New from $14.00 25 Used from $1.98
Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student


InterDesign Brand Store Awareness Textbooks
$85.55 FREE Shipping. Only 1 left in stock (more on the way). Ships from and sold by Amazon.com. Gift-wrap available.

Editorial Reviews

From the Inside Flap

Publicly held companies create many advantages for all shareholders, from individual investors to upper-level managers within a company. But the different financial objectives of each shareholder can easily become a problem. The answer to this dilemma is private equity in the form of leveraged buyouts (LBOs), managerial buyouts (MBOs), or something in between. Private equity can take many different forms, but for the purpose of this book it refers to the common stock of a corporation where that common stock is held by a relatively few investors and is not traded on any of the conventional stock markets.

Private Equity: Transforming Public Stock to Create Value thoroughly explores private equity capital and its advantages–both financial and operational. Financial expert Harold Bierman Jr. takes an in-depth look at private equity and helps you gain a firm understanding of it from both a managerial and investment standpoint.

Through practical advice and detailed case studies of companies who have traveled this path–Metromedia, RJR Nabisco, Marietta Corp., and Owens Corning–this book arms you with a working knowledge of private equity. As an investor, you’ll learn how to increase your rate of return on investments without increasing your risk. As a manager, you’ll learn how to create private equity as well as supplement your compensation with a significant share of a firm’s profits. Whatever position you’re in, Private Equity can help you succeed. Highlighted topics include:

  • Valuing target firms
  • Structuring and selling the deal
  • Changing dividend policies and capital structures
  • Merchant banking
  • Operations
  • Partial LBOs

By discussing both theoretical and real-world issues, this comprehensive guide clearly demonstrates how transforming public stock into private equity can create tremendous value for everyone involved. Along with the valuable tips, tools, and formulas that fill these pages, numerous questions and problems are also presented at the end of each chapter to test your knowledge on the concepts presented.

Private equity is something you can use as a management tool or as an alternative investment to generate superior returns. Either way, this book can show you the best ways to utilize private equity. Expert advice and real-world examples will help you understand the enormous potential of private equity like never before.

From the Back Cover

Praise for Private Equity

"Harold Bierman has blended an excellent mix of important principles with real case study examples for a better understanding on a rather sophisticated finance subject."
–Edward M. Dudley, Vice President & General Auditor, ABB Americas

"The role of private equity firms in financing buyouts as well as providing growth capital has expanded significantly in the past decade. In a clear, concise way, Harold Bierman provides a timely and astute analysis of the virtues of private equity as well as creative quantitative methodologies that are applicable to real-life transactions. This book should become essential reading for investors, intermediaries, financial advisors and the management of private, almost private, or soon-to-be private firms."
–James A. Rowan Jr., Managing Director, Investment Banking
Legg Mason Wood Walker, Inc.

"As the private equity asset class has grown to over $300 billion in the last three years, Bierman analyzes the fundamentals behind the investment decisions of this increasingly important sector. Once completing the book, you will understand the fundamental analytical framework underlying private equity investment."
–Peter Nolan, Partner, Leonard Green and Partners

"In looking at the private equity arena, Professor Bierman has brought together a diverse group of metrics and valuation formulas into a single text. The book provides a valuable combination of academic theory and real-life case studies. It provides many insights."
–Peter H. Vogel, Vice President, MeadWestvaco Corporation

See all Editorial Reviews
NO_CONTENT_IN_FEATURE


Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Hardcover: 256 pages
  • Publisher: Wiley; 1 edition (January 10, 2003)
  • Language: English
  • ISBN-10: 0471392928
  • ISBN-13: 978-0471392927
  • Product Dimensions: 6.2 x 0.8 x 9.6 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 1.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #3,663,010 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

5 star
0%
4 star
0%
3 star
0%
2 star
0%
1 star
100%
See the customer review
Share your thoughts with other customers

Most Helpful Customer Reviews

52 of 55 people found the following review helpful By Rabindran Abraham on February 21, 2005
Format: Hardcover
I bought this book hoping that it would, through a good mix of principles and case studies, help me understand the private equity industry betther. The book does not live up to these expectations.

First, it is written badly, and seems more a series of preliminary notes than a well thought out book. Discussions are short and often repetitive. The analytics are extremely simplistic and are essentially a regurgitation of elementary finance theory (things like valuing a company with a fixed dividend growth rate). There is very little in them that is specific to private equity.

The book gives the reader absolutely no sense of what makes private equity different from other forms of finance, or the history and prospects of the industry. A quick review of the bibliography suggests that most of what the author has to say is already outdated and irrelevant.

I haven't the heart to sells my (wothless) copy: I wouldn't want someone else to waste his or her time with it (let alone his/her money)! A much better book is Venture Capital & Private Equity by Lerner and Hardymon.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
Private Equity: Transforming Public Stock Into Private Equity to Create Value
This item: Private Equity: Transforming Public Stock Into Private Equity to Create Value
Price: $85.55
Ships from and sold by Amazon.com
Want to discover more products? Check out this page to see more: takeovers restructuring and corporate governance 2004