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Designed for use in the Corporate Finance class, increasingly important in any skills-based curriculum, Corporate Finance, Third Edition features a strong coverage of M&A, bankruptcy, finance, and valuation. The valuation unit covers math from a lawyer's perspective, focusing on the intuitions behind the valuation techniques in a way that will facilitate interaction with bankers and accountants in practice. Basic Excel skills are taught along the way.
New to the Third Edition:
Updated coverage of the effects of COVID-19 on financeNew chapters on swaps and CLOsA new case study (iHeartMedia, Inc.) is integrated in the book from beginning to endNew and improved layout with chapter summaries and highlighting of key conceptsProfessors and students will benefit from:
Practical, transactional approach to corporate financeOrganization around four basic units: valuation, finance, mergers and acquisitions, and financial distressA focus on the quantitative tools on motivating and understanding the business and conceptsExtensive references to deal documents throughout to establish a theme of the actual transactions to compare to the lines of cases describing how deals go badExtensive teaching materials, including Excel spreadsheets and a full set of PowerPoint slides