Professor Droussiotis's Web Platform
Seton Hall - Mergers & Acquisitions
Course Outline - Lectures , Assignments and Exams
INFORMATION:
LINKS:
Syllabus
Syllabus Spring 2022
Professor's Inbox(upload info for Professor)
Dropbox Link
Processor's Email
droussch@shu.edu
Microsoft Team call
Microsoft Teams (sign-in)
Office Hours:
Thursdays, 4-5:30pmJubilee Hall Room# 691
Thursdays, 4-5:30pm
Jubilee Hall Room# 691
Professor's Biography
Thu 6.30 - 8.45pmCorrigan Hall Room 76
Thu 6.30 - 8.45pm
Corrigan Hall Room 76
Jan 20
Jan 27
Feb 3
Feb 10
Feb 17
Feb 24
Mar 3
Mar 10
Mar 17
Mar 24
Mar 31
Apr 7
April 14
Apr 21
Apr 28
May 5
May 12On-Line via TEAMS
TEAMS CHANNEL LINK
REQUIRED TEXTBOOK
Chapter 1
Chapter 2
Chapter 3
Chapter 4-5
Chapter 7-9
NO CLASS
N
O
C
L
A
S
Chapter 10
Chapter 13
Chapter 18
Assigned Lectures
Lecture #1: Introduction to M&A
Lecture 1: Intro to M&A
Lecture #2: Regulatory Environment
Lecture 2: Regulatory Environment
Lecture #3: The Corporate Takeover Market
Lecture 3: Takeover Markets
Lecture #4: Acquisiton Process
Lecture 4 - Acquisition Planning
Lecture #5: Valuation Methods
Lecture 5 - Corporate Valuations
Lecture #6: Projections amd Basic Financial Modeling
Lecture 6 - Projections
EXAM REVIEW
Midterm Exam Review
Lecture #7: Valuation of Private Companies
Lecture 7 - Corporate Valuations
Lecture #8: Debt Raising and Leveraged Buyouts (LBO)
Lecture 8 -Leveraged Buyouts
Lecture #9: Transaction Analysis - Case Studies
Assigned Spreadsheets
EXAMS
MidTerm Exam
Final Exam
Final Exam Review
Homework Assignments
HOMEWORK #1 (GROUP)PRESENT TARGET SWOT ANALYSIS
HOMEWORK #1 (GROUP)
PRESENT TARGET SWOT ANALYSIS
Peloton Yahoo Finance Link
HOMEWORK #2 (GROUP)STANDALONE PROJECTION ANALYSIS
HOMEWORK #2 (GROUP)
STANDALONE PROJECTION ANALYSIS
Yahoo Financial Statement
HOMEWORK #3 (GROUP)VALUATION METHODS AND STANDALONE DEAL STRUCTURE
HOMEWORK #3 (GROUP)
VALUATION METHODS AND STANDALONE DEAL STRUCTURE
HOMEWORK #4 (GROUP)COMBINED ACCRETION
HOMEWORK #4 (GROUP)
COMBINED ACCRETION
HOMEWORK #5 (GROUP)COMBINED / STANDALONE SYNERGIES
HOMEWORK #5 (GROUP)
COMBINED / STANDALONE SYNERGIES
Case Studies
CASE STUDY #1: Cross-Border Acqusition
CASE STUDY #2: Facebook Acquiring WhatsApp Q&D Approach
CASE STUDY #3: Hyatt Financial Analysis and Valuation
CASE STUDY #4: Cedar Fair as a target to SeaWorld
CASE STUDY #5: Hotel Expo
CASE STUDY #5 Hotel Expo - Template with Answers
CASE STUDY #6: Colorado Dental - Proforma Balance Sheet
CASE STUDY #6: Colorado Dental - Transaction S&U, WACC and Debt Capacity
CASE STUDY #6: Colorado Dental: Debt Schedules - Floating and Fixed Rates
CASE STUDY #7: Public to Private LBO
CASE STUDY #7: Public to Private LBO Case Study Template
CASE STUDY #8 Proud Steel and Dynamic Steel
CASE # 8: Merger_Analysis
Testing the Twitter Acquisition
Buyout Press Release on Reuters
CASE STUDY #9: Alexandria Hotel LBO
Case Study #9: Alexandria Hotel Template
Reading Material
Yahoo Finance - Cedar Fair
Cedar Fair Bid for Cedar Fair
SeaWorld bidding for Cedar Fair Rejected
SeaWorld sweetened takeover offer for Cedar Fair
SeaWorld, Cedar Fair Slide as Theme-Park Merger Plan Crumbles
Final Project
Final Project Description
Public to Private LBO Case Study Template
OPTIONAL TEXTBOOKS
Link to purchase book (BFIN 4241)
Link to purchase book (BFIN 7225)
Link to purchase book
Chapters 5, 6 17
Chapter 17
Chapter 11
Chapter 11 - LBO - written by Professor Droussiotis
Chapter 9
