Financial Analysis of Mergers and Acquisitions

Part A - Accounting and Financial Reporting.- Chapter 1: Introduction to Accounting for Inter-Corporate Investments.- Chapter 2: Main Issues in Purchase Accounting.- Chapter 3: More Issues in Purchase Accounting.- Chapter 4: Spin-Offs and Equity Carve-Outs.- Chapter 5: Special Purpose Entities.- Chapter 6: Tax issues in Business Combinations.- Chapter 7: Leveraged Buyouts & Recapitalizations.- Chapter 8: Financial Analysis of Business Combinations (Ratios).- Chapter 9: Financial Analysis of Business Combinations (Advanced issues).- Part B - Case Studies.- Chapter 10: Kraft's Acquisition of Cadbury (Part I) - Purchase Accounting.- Chapter 11: The Bank of Hope: The Merger of Wilshire Bank and BBCN Bancorp.- Chapter 12: AT&T - Equity Method Investments.- Chapter 13: Nokia Siemens Networks - Purchase Accounting, Equity Method and Proportionate Consolidation.- Chapter 14: Ensign's Spin-off of CareTrust REIT.- Chapter 15: Altria and Kraft - Carve-out and Spin-off.- Chapter 16: The Sale of Coca Tea - The Impact of Taxes.- Chapter 17: Surgery Partners - Pushdown Accounting.

Eli Amir is a Professor of Accounting at Tel Aviv University's Coller School of Management, Israel, and a visiting professor at London Business School, UK. From 2000 to 2003 Amir served as the Chairman of the Israel Accounting Standards Board. From 1991 to 2000, he was an Associate Professor of Accounting at Columbia University's Graduate School of Business, USA. Amir received his BA in Accounting and Economics from Tel Aviv University (1986) and his PhD in Business Administration from the University of California, Berkeley, USA (1991). Amir teaches courses in corporate financial reporting, financial statement analysis, financial analysis of mergers and acquisitions, and empirical research in accounting. His research focuses on the link between security prices and accounting information and he has published many articles in leading academic journals.



Marco Ghitti is Assistant Professor of Accounting and Finance at SKEMA Business School- Université Côte d'Azur (Paris Campus). He received a MSc in Law and Business Administration from Bocconi (2006), a Masters in Finance from London Business School (2010) and a Ph.D. in Finance from Edhec Business School (2016). He has moved between academia and the advisory world. When he graduated from Bocconi University, Italy, Marco joined an independent advisory boutique involved in M&A, business/assets valuations, and consulting on IFRS. In 2008, Marco became partner and head of the Corporate Finance advisory team of Studio Ghitti & Associati (SGA), an independent advisory boutique involved in corporate finance, accounting, tax and legal advisory. In 2011, Marco joined the Bocconi University Accounting Department, in Milan, as teaching fellow. From 2015 to 2018, he also lectured for Edhec Business School Finance Department in Nice. His research interests are law and economics, corporate governance, and bankruptcy.