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Introduction to Risk Management of Mergers and Acquisitions . . . . Some Facts:Between 51 and 89% of all mergers failSeveral RisksEasier, Anti-Trust Laws Much Less Strict. . Risk management in mergers and acquisitions.Mergers and acquisitions with insurance companies. Several Other Topic Areas .
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1. By
Ryan T. Evans
November 2001
Dr. Gasper
3. Risk management in mergers and acquisitions.
Mergers and acquisitions with insurance companies.
Several Other Topic Areas
4. Risk Management with M&A Before The Merger
During The Merger
After The Merger
5. Risk Management Teams Before(What do we hope the M or A will Accomplish?) Assets More Money to Manage
Liabilities More Debt to Deal With
Laws/Accounting Principles How to Document the Money
Dealing With Rumors
IS IT WORTH IT?
6. Risk Management Teams During The Value of the Companys Stock
Insider Trading
Keeping the Company Moving Smoothly
A Smooth Transition
7. Management Changes Political
Change in 401K
Keeping Customers
8. What to Consider Single Industry What will this do to competition(Formica and Intl Paper).
Cross-Industry Will This be feasible (General Electric)
International What are the Legalities
9. Single Industry Reducing competition is the Main Issue.
Is the Industry large Enough to Sustain a Merger or Acquisition
What Exactly Will Be Gained
CASH MANAGEMENT
10. Cross-Industry
Different Types of Competition
Management, Management, Management
Must Prepare for the Merger
11. International M&A Different Regulations
Competition
Knowledge
Exchange Rates
12. EXAMPLES Paper Industry
Quaker Oats/Pepsi
AOL-Time-Warner
13. M&A involving Insurance Companies The Logistics
The Primary Company
The Target Company
The New company
14. EXAMPLES SUCCESS
FAILURES
DO NOT HAVE TO GO FAR
15. M&A Involving Insurance Companies
REINSURANCE
16. Conclusion Mergers and Acquisitions Seem to be the Future of Corporate America