MERGERS AND ACQUISITIONS

FIN3MAQ

Not currently offered

Credit points: 15

Subject outline

In this subject you will examine the strategies and options available to companies to expand their operating activities and associated business framework and ownership network using merger and acquisition transactions. You will study consideration of different merger types and their associated motives and sources of value creation, the process involved in selecting merger targets, structuring, planning and decision-making involved in formulating acquisition strategies, bidding and target company completion and resistance strategies, and exposure to the financial and valuation aspects associated with mergers and acquisitions. A key part of your learning outcomes, and assessment, will be your involvement in a team-based acquisition negotiation scenario.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Darren Henry

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 3 - UG

Available as Elective: Yes

Learning Activities: Lecture, tutorials, class discussion, acquisition negotiation scenario

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Learning resources

Mergers acquisitions and corporate restructurings

Resource Type: Book

Resource Requirement: Recommended

Author: Gaughan P

Year: 2011

Edition/Volume: 5TH EDN

Publisher: NEW JERSEY, JOHN WILEY AND SONS

ISBN: 9781118269077

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

COMMUNICATION - Communicating and Influencing
DISCIPLINE KNOWLEDGE AND SKILLS
INQUIRY AND ANALYSIS - Creativity and Innovation
INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry
PERSONAL AND PROFESSIONAL - Ethical and Social Responsibility
PERSONAL AND PROFESSIONAL - Leadership and Teamwork

Intended Learning Outcomes

01. Demonstrate to an advanced level a range of skills, including appropriate negotiating, leadership and group support skills, as part of a representative bidder or target negotiation team in an acquisition transaction scenario
02. Engage effectively in a formal negotiation exercise given a restricted time-frame and incomplete information
03. Identify key elements associated with the outcome merger transactions and choose appropriate bid attributes, conditions and strategies to maximise the likelihood of acquisition success
04. Independently identify and classify merger examples into specific transaction types, incorporating potential sources of value creation, based on the provision of industry and structural attributes associated with bidding and target companies
05. Manipulate and interpret appropriate company financial data and mathematical valuation models to provide key input into merger pricing and bid premium decision-making
06. Present a clear, concise and well-structured assessment of the acquisition motives of a bidding company using information about the merger participants
Subject not currently offered - Subject options not available.