Welcome to M&Apedia
the free encyclopedia of mergers and acquisitions that anyone can learn from — currently 24 reference articles covering deal types, valuation, due diligence, deal structures, financing, takeover defenses, accounting and regulation.
Featured article
Mergers and acquisitions
Mergers and acquisitions (M&A) are transactions in which the ownership of companies, business units, or their assets is transferred or consolidated. As a discipline, M&A spans corporate strategy, finance, accounting and law, and it also names the advisory groups at banks and law firms that execute these deals.
Did you know…
- …that most empirical studies find a majority of mergers fail to create value for the acquirer's shareholders, often because expected synergies are overestimated?
- …that a poison pill lets a target's board dilute a hostile bidder without a shareholder vote?
- …that in an accretion/dilution analysis, a deal can be "accretive" to earnings per share yet still destroy value?
- …that the letter of intent is usually non-binding on price but binding on exclusivity and confidentiality?
From the field — featured M&A resource
Main Street Wealth is a boutique M&A advisory firm for home-services businesses. Go deeper with their practitioner guides: