Methods of Valuation for Mergers &Amp; Acquisitions
Michael J. Schill
University of Virginia - Darden Graduate School of Business Administration
University of Virginia - Darden School of Business
affiliation not provided to SSRN
This note addresses the methods used to value companies in an M&A (mergers and acquisitions) setting. It provides a detailed description of the discounted-cash-flow (DCF) approach and reviews other methods of valuation such as book value, liquidation value, replacement cost, market value, trading multiples of peer firms, and comparable transaction multiples.
Number of Pages in PDF File: 22
Keywords: mergers and acquisitions, valuationworking papers series
Date posted: October 21, 2008
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo1 in 1.078 seconds