This course presents the theories and empirical evidence on corporate control transactions, the process of evaluating acquisition targets and its application in practice. Findings on the reaction of stock prices to information on control transactions are used to analyze the effects of various policy options in such transactions. Strategies of acquisition are studied as well as defensive measures against them, their purpose and their consequences. The class combines lecture material, quantitative and qualitative analyses and discussions of relevant news. There is an emphasis on fundamental concepts of valuation and other areas of corporate finance related to Mergers & Acquisitions.

Dates

Duration: 20 - 30 August 2018
Place: S13

Monday 20.08.2018: 09.45-12.15
Tuesday 21.08.2018: 09.45-12.15
Wednesday 22.08.2018: 09.45-12.15
Thursday 23.08.2018: 09.45-12.15

Monday 27.08.2018: 09.45-12.15
Tuesday 28.08.2018: 09.45-12.15
Wednesday 29.08.2018: 09.45-12.15
Thursday 30.08.2018: 09.45-12.15

Exam

31 August 2018, 12:30 - 13:30 (S15)

Recommended Prerequisites

Solid understanding of business and economics on the BA level

Corporate Finance (10138)
Intermediate Finance (42778)
Macroeconomics and Finance (40105)

Course Information

• Course directory
• Syllabus
• Reading Material: see syllabus

For further information please contact the <link de studium summer-school internal link in current>Summer School office.