This course studies mergers and acquisitions from an interdisciplinary perspective that includes law, finance, and strategy.
Students acquire a foundation in the economics and finance theories that underlie acquisitions. They also learn the different legal structures acquisitions may take, and the consequences of each in terms of shareholder voting and appraisal rights and successor liability.
The course also covers those portions of the federal securities laws particularly relevant to acquisitions and insider trading and the pertinent Delaware fiduciary duty laws.
Students examine some particularly useful legal clauses for acquisition agreements and will critique their strengths and weaknesses.
The course concludes by applying all of these lessons to several real world case studies.