Welcome students of Mergers & Acquisitions at Binghamton University's School of Management! The following links should contain most of the materials that we use in the course. As mentioned during class, most files are password protected. Also, do not assume that everything presented is included below -- the files in the links below will not have all the graphics used in class, nor will they have the anecdotal color.
While there are no set office hours for this class, please email either Professor Nesvold (pnesvold@silverlane.com) or the teaching assistant, Nate Oliver (noliver2@binghamton.edu) if you have questions, and we will make ourselves available outside of class. Good luck!
Monday, August 28 -- Getting Started in M&A
- Syllabus
- Class lecture (link to outline from Class #1)
- Link to purchase Seagate Case Study (registration required so do not wait until the last minute)
Monday, September 4 -- No Class (Labor Day)
- Be sure to submit your DJIA forcast as of December 1, 2017
- Optional: Send in your teammate request for your group project
Monday, September 11 -- Principles of Leveraged Buyouts
- Class lecture
- In-class assignment
- Optional reading: Investment Banking, chapter 4 (on reserve in the library)
Monday, September 18 -- Fundamentals of Leveraged Finance
- Discussion of Seagate case study
- Class lecture
- Team assignments
- Take-home assignment #1 (please work with your team, which will submit one write-up for the entire group)
- Optional reading: Investment Banking, chapter 4 (on reserve in the library)
Monday, September 25 -- Principles of M&A Valuation
- In-class assignment (precedent transactions)
- Take-home assignment #2 (group assignment)
- Sample comparable companies and precedent transactions analysis
- WSJ Article: "Pasta -- and Meatballs"
- Sample DCF Model
- Optional reading: The Art of M&A Valuation, chapter 1
- Optional reading: The Art of M&A Valuation, chapter 2
- Optional reading: The Art of M&A Valuation, chapter 3 (part I)
- Optional reading: The Art of M&A Valuation, chapter 3 (part II)
Monday, October 2 -- Fundamentals of M&A Structure
Monday, October 9 -- Mid-Term Exam (in class)
Monday, October 16 -- No Class (Fall Break)
Monday, October 23 -- Exiting the Investment and Measuring Success
Monday, October 30 -- ZipCar Analysis (Part I)
Monday, November 6 -- No Class (Faculty Scheduling Conflict)
Monday, November 13 -- ZipCar Analysis (Part II)
Monday, November 20 -- Special Issues in Public Company M&A
- All group presentations much be submitted (no exceptions without grade penalties)
Monday, November 27 -- Group Presentations
- Teams #1-4
Monday, December 4 -- Group Presentations
- Teams #5-8
Wednesday, December 6 -- Group Presentations
- Teams #9-10
