RT Journal Article
SR Electronic
T1 BOOK REVIEW
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP 105
OP 106
DO 10.3905/jwm.2012.15.3.105
VO 15
IS 3
A1 Greg N. Gregoriou
A1 Donald M. Depamphilis
YR 2012
UL https://pm-research.com/content/15/3/105.abstract
AB All disciplines have their own jargon intended to promote accurate communication. Deal making is no exception. Forward and reverse triangular mergers, backend mergers, cash-out statutory mergers, asset purchases, and leveraged buyouts are just a few of the terms used to describe deal structures. Firms undergoing significant downsizing may engage in spin-offs, split-offs, and equity carve-outs. Firms attempting to discourage unwanted suitors may implement staggered board elections and dual class recapitalizations. Investment bankers routinely talk about enterprise values and multiples in estimating values for target firms. Although these terms are meaningful to some, they often are bewildering to others.TOPIC: Private equity