CONTENTS

Chapter 1 Change Forces and Mergers 1

Chapter 2 Antitrust Policies 27

Chapter 3 Strategy 39

Chapter 4 Deal Structuring 61

Chapter 5 Mergers and Takeovers—Theory and Practice 83

Chapter 6 Alternative Paths to Growth 121

Chapter 7 Valuation 133

Chapter 8 Restructuring and Financial Engineering 179

Chapter 9 Cash Flows, Dividends, and Share Repurchases 197

Chapter 10 Takeover Defenses 225