Bővebb ismertető
Preface
The object of this book is to provide a readable text which covers the major areas affecting mergers and acquisitions. One of the problems in attempting to cover this vast topic is to try to keep the book as manageable as possible. However, trade has become, and will continue to become, increasingly international in its nature so that a discussion of the UK in isolation is not sufficient. Where I have considered it useful, I have made comparisons with the position in the USA and I have also dealt with merger policy in the EEC and other major industrial countries.
For too long the UK has been lacking a number of books which should be available on mergers and acquisitions. Of those available the emphasis has been very much on legal aspects, whereas the strengths of this book lie elsewhere. The advantage of this book is that it covers the topic from an economics, accounting and finance basis, but does not ignore major aspects of law. I hope that readers will benefit from the considerable amount of information I have brought together and that the somewhat limited comparative approach also proves useful.
I anticipate that the book may prove useful to the following readers, who should have in common a desire to understand the fundamentals of this subject: (1) practitioners who wish to understand their subject, a requirement to provide sound advice; (2) company directors and management, who wish to make decisions on the basis of knowledge (this book, like any other book, will not be useful to those who work on the basis of 'hunch' or 'gut-feel'); (3) academics with an interest in an overview of the subject (I have not tried to produce a rigorous