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M&A Blog #10 – equity (accretion / dilution)

Francine Way

The concept can be extended to corporation: equity owners (shareholders) own the company alongside debt holders (banks). I chose a public company for this exercise because private company financial statements don’t immediately lend themselves to the accretion / dilution analysis that we are about to review.

M&A 130
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M&A Blog #24 - Merger Relative Valuation

Francine Way

It has been roughly three years since my last blog post at the completion of my fellowship. Many things have happened since then, including having 2 Corporate Development & Strategy jobs with a large, domestic conglomerate in Jacksonville, Florida and a smaller international technology company in Seattle, Washington.

Valuation 130
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M&A Blog #16 – valuation (Discounted Cash Flow)

Francine Way

Once the extraordinary, unusual, non-recurring items are identified, the next (2nd) step is to have them added back / removed from the historical income statement to normalize the financial statement. Expense items are added back and gain items are removed. The cost of debt = the weighted, post-tax cost of debt.

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M&A Blog #12 – sell-side acquisition (preparation)

Francine Way

An open-ended process distracts management, can cause corporate performance to suffer, and opens the possibilities for adverse market conditions. The overall divestiture process looks like: To support the seller’s management team in achieving an acceptable goal, this process is designed to streamline the path to a transaction closing.

M&A 130
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Capital Raise Blog Series - Vol 12 - What is Microlending?

RKJ Partners

In our latest blog installment, we define and discuss the evolution of microlending. If you have an existing business, assemble your financial statements for the last three years. As investment bankers, RKJ Partners possesses a breadth of knowledge and experience in advising clients that seek growth capital.

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Top DCF Modeling Courses for Aspiring Finance Professionals

OfficeHours

Corporate Finance Institute (CFI): Now, at first glance, the Corporate Finance Institute article has a bit more substance compared to the aforementioned free Wall Street Oasis guide.

DCF 147
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Sell Side M&A Blog Series - Vol 1 - Preparing Your Business For Sale

RKJ Partners

The following are proactive steps a business owner should take prior to beginning the business sale process: Recasting Financial Statements. This includes a qualified CPA, an attorney with a background in corporate transactional work and an experienced investment banker. Team of Professionals. Current Sales Performance.

Sale 40