15 Terms
Home > Industry/Domain > Banking; Business services > Mergers & acquisitions
Mergers & acquisitions
Referring to the aspect of corporate strategy, finance and management that deals with the buying, selling or combining of different companies that can assist a growing company to grow rapidly without having to create another business entity.
Industry: Banking; Business services
Add a new termContributors in Mergers & acquisitions
Mergers & acquisitions
exit strategy
Banking; Mergers & acquisitions
A strategy enabling investors to realize their required returns by undertaking an initial public offering or selling to a strategic buyer.
extension
Banking; Mergers & acquisitions
Creditor agreement to lengthen the period during which the debtor firm can repay its debt and, in some cases, to temporarily suspend both interest and principal repayments.
fair market value
Banking; Mergers & acquisitions
The cash or cash-equivalent price a willing buyer would propose and a willing seller would accept for a business if both parties had access to all relevant information.
fairness opinion letter
Banking; Mergers & acquisitions
A written and signed third-party assertion certifying the appropriateness of the price of a proposed deal involving a tender offer, merger, asset sale, or leveraged buyout.
fair value
Banking; Mergers & acquisitions
An estimate of the value of an asset when no strong market exists for a business or it is not possible to identify the value of substantially similar firms.
financial buyer
Banking; Mergers & acquisitions
Acquirers that focus on relatively short to intermediate financial returns and typically use large amounts of debt to finance their acquisitions.
financial restructuring
Banking; Mergers & acquisitions
Actions by the firm to change its total debt and equity structure. Financial sponsor An investor group providing equity financing in leveraged buyout transactions.
