Overview
Participants build a short-form M&A model while covering key concepts of M&A analysis. Emphasis will be placed on accretion/dilution and ability to pay.
- Key assumptions and drivers needed to build a short-form M&A model
- Building a flexible sources and uses of funds table
- Stock vs. cash financing
- Relative P/E’s: acquirer P/E vs. debt P/E vs. acquisition P/E
- Earnings accretion/dilution analysis
- Sensitivity analysis
- Synergies-to-break-even analysis
- Analysis at various prices
- Ability to pay analysis